Stablecoin platform Bridge, owned by the payments processor Stripe, said it had received conditional approval to operate as a federally chartered national trust bank under the US Office of the Comptroller of the Currency (OCC). In a Tuesday notice, Bridge said it had received conditional approval from the banking regulator, allowing the company to “operate…
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Michael Selig, who chairs the US Commodity Futures Trading Commission under President Donald Trump, announced the agency would be responding to what he called an “onslaught of state-led litigation” against prediction market platforms. In a video posted to X on Tuesday, Selig said that the CFTC had filed an amicus brief — also known as…
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Joachim Nagel said euro-pegged stablecoins would offer the bloc more independence from US dollar-pegged coins soon to be allowed under the GENIUS Act. Joachim Nagel, president of Germany’s central bank, the Deutsche Bundesbank, supported the introduction of a euro-pegged central bank digital currency (CBDC) and euro-denominated stablecoins for payments. In remarks prepared for a speech…
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The addition is the first crypto company to be licensed by the Securities and Futures Commission since June 2025, when the regulator approved Hong Kong BGE. Hong Kong’s Securities and Futures Commission (SFC) has added another company to its list of formally licensed cryptocurrency trading platforms, according to a Friday announcement. The SFC’s list of…
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The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states. The Nevada Gaming Control Board announced that it had filed a civil enforcement action against Coinbase over wagers on sports event contracts. In Monday filings in the First Judicial District Court of the…
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The US House of Representatives approved a bill on Tuesday that will fund most of the government through the end of September. Lawmakers in the US House of Representatives have approved a bill that will mostly reopen the government after a four-day partial shutdown. In a Tuesday House vote of 217 to 214 in favor…
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Pedro Sánchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives. Spain’s Prime Minister Pedro Sánchez said that the country plans to ban access to social media for children under the age of 16 and require platforms to implement age verification systems…
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The meeting came more than two weeks after the Senate Banking Committee postponed a markup on the CLARITY Act, adding that everyone “remains at the table“ to work on the bill. Officials in US President Donald Trump’s administration met with representatives from the cryptocurrency and banking industry to discuss how to address stablecoin yield in…
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Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud. According to a Monday CNN report, New York Attorney General Letitia James and four district attorneys signed onto a letter saying that the GENIUS Act will “provide legal cover” for stablecoin…
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The European Commission said it will send formal notices to 12 countries for failing to fully implement the EU’s tax reporting rules for digital assets. In its January infringements package released on Friday, the commission, which serves as the European Union body responsible for proposing legislation and ensuring member states follow certain laws and regulations,…
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