UK financial watchdog opens consultations for DeFi guidance, crypto laws
The UK Financial Conduct Authority consultations came just weeks after the agency opened applications for companies under its new crypto regulatory regime.…
Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform
The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”…
Chainlink, Cardano, other blockchain groups push SEC for clearer crypto rules
Six major blockchain organizations urged the SEC to formally recognize digital commodities as nonsecurities in its proposed regulatory framework.…
Solana’s Alpenglow launches on mainnet, targets 99% faster finality
Solana’s first major consensus upgrade is targeting 99% finality reduction, seeking to offer users nearimmediate transaction settlement and more responsive…
Big Tech’s eMudhra fixes may leave crypto bots exposed, CertiK warns
CertiK says crypto trading bots and exchange applications may remain exposed to the eMudhra certificate flaw because browser fixes may not protect all…
OCC finalizes GENIUS Act rules for stablecoin issuers and custody
The Office of the Comptroller of the Currency’s final rule covers payment stablecoin issuance and some custody activities, with the GENIUS Act framework taking…
Standard Chartered signs definitive deal to acquire Zodia Custody
The signing follows shareholders’ acceptance of Standard Chartered’s nonbinding offer in May, with regulatory approvals still pending. Source：Cointelegraph
France proposes liability for crypto exchanges offering DeFi access
French authorities want crypto exchanges to conduct checks on DeFi protocols and face liability for certain customer losses under proposed changes to EU crypto…
Shinhan, SBI make Japan-Korea tourist spending a test case for yen stablecoins
The companies will assess safeguards for travelers and whether stablecoins can speed up trade settlement between South Korea and Japan. Source：Cointelegraph
Drift exploiter sends $109M in Ether to Tornado Cash in 2 days
Wallets linked to the $295 million April hack still held $138 million in Ether after sending another $46 million to the mixer Wednesday. Source：Cointelegraph
Malaysia central bank launches DLT platform for tokenized bonds
The platform tracks tokenized securities ownership and transfers, linking to Malaysia’s RENTAS+ system to settle corresponding payments in central bank money.…
Tech giants rush to block 8 eMudhra certs that could enable fake sites
A private key generation flaw allowed anyone to guess them and forge HTTPS certificates for any website. Source：Cointelegraph