Tag: Federal

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Crypto.com Moves Closer to Federal Bank Oversight With OCC Nod

On Monday, Crypto.com disclosed that it has secured conditional approval from the Office of the Comptroller of the Currency to charter a national trust...

What Federal Reserve Chair nominee Kevin Warsh could do to Bitcoin’s price – DL News

Bitcoin’s price is nearly 50% below its October record.Markets have priced in Trump Federal Reserve Chair pick Kevin Warsh as a hawk.Analysts are divided...

OpenAI KYC provider accused of sharing users’ crypto addresses with federal agencies – DL News

OpenAI KYC provider accused of sharing customers' data.Persona's code allegedly show US government connection.Integration lets operators monitor crypto addresses.A company that conducts the know-your-customer...

U.S. Federal Reserve researchers sing praises of prediction markets

A research paper at the U.S. Federal Reserve praised the usefulness of prediction markets — specifically looking at Kalshi — in getting a real-time...

Federal Appeals Court Rejects Kalshi Bid to Pause Nevada Enforcement

In brief The Ninth Circuit has denied Kalshi’s emergency request for an administrative stay Nevada can now file a civil enforcement action and seek a TRO Kalshi...

Federal Reserve Paper Proposes New Risk Weighting Model for Crypto

New analysis published Wednesday by the Federal Reserve proposes that crypto be categorized as a distinct asset class for initial margin requirements used in...

US Federal Judge Hands 8-Year Prison Term to Safemoon CEO

A U.S. court sentenced the former CEO of defunct crypto firm Safemoon to 100 months in federal prison for defrauding investors. The CEO was...

Federal Reserve Faces Industry Clash Over ‘Skinny’ Master Account Proposal

The Federal Reserve’s proposed “skinny master account” has triggered a rare three-way collision among crypto firms, fintech advocates, and community banks, exposing deep disagreements...

Federal Reserve Governor Shrugs Off Bitcoin Volatility

Federal Reserve Governor Christopher J. Waller downplayed risks from bitcoin and broader crypto markets on Monday, arguing that digital assets remain largely...

Trump Picks Kevin Warsh as Next Federal Reserve Chair

US President Donald Trump said Friday he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as chair of the US...

Tether Launches US-Regulated Stablecoin as New Federal Rules Take Effect

Tether has launched a U.S.-focused, federally regulated stablecoin as Washington moves to establish formal oversight of dollar-backed digital tokens under new legislation.The issuer of...

Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation

The Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading claims about its functionality....