India's richest state is exploring tokenizing its own assets to fund new infrastructure
Maharashtra is drafting a policy to tokenize the state's assets, including the electricity transmission infrastructure. Source:CoinDesk
New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky
The Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circulated a fresh draft on Thursday ahead of the vote.…
Investors worried about rising bond yields are keeping a close eye on this corner of the market
U.S. smallcap stocks have hit a pivotal point, trading below a key level as interest rates in the bond market climb ahead of the Federal Reserve’s highly…
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
Chineselanguage platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks. Source:CoinDesk
Crypto lobbying orgs ask court to suspend Illinois tax as legal case continues
The motion for a preliminary injunction comes a few weeks after the Crypto Council for Innovation and Blockchain Association sued to block the law.…
India’s financial intelligence unit flags 15 crypto platforms for AML lapses
The Financial Intelligence UnitIndia (FIUIND) issued noncompliance notices to what it calls virtual digital asset service providers. Source:CoinDesk
Polish prosecutors charge fifth suspect in a massive crypto probe
BitBay became Zondacrypto in 2021. The exchange stopped trading in April after customers faced frozen withdrawals and estimated losses of at least $94 million.…
UK regulator weighs easing financial prediction market ban: Times
The FCA reportedly held talks with trading platforms as Britons turn to Polymarket and Kalshi, though its public position still supports the ban.…
U.S. Sheriff’s association shifts opposition stance to Clarity Act to 'neutral'
The law enforcement association said it has pivoted its position regarding the Clarity Act to neutral, months after it warned against a law it said would…
U.S. added stronger than expected 162,000 jobs in August as labor market bounced back
This morning's report will be key as the Fed considers whether to raise interest rates at its September policy meeting. Source:CoinDesk
U.S. banking agency gives blockchain bank OpenReserve initial OK to operate
The Office of the Comptroller of the Currency granted a provisional charter to the new fullservice bank, adding it to the growing mix of cryptonative…
CFTC asks judge to dismiss CME lawsuit over crypto perpetual futures
The regulator claims the dispute is "much ado about nothing," noting that the order allows any designated contract market, including CME, to list these…