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.…
Why centralized exchanges refuse to list legacy crypto tokens without explicit SEC immunity
Vault12 raised $17.45 million selling VGT in 2018 and says it met or dropped every promise, yet the token has never traded on a centralized exchange.…
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.…
Solana’s Alpenglow, its biggest network overhaul since 2020, goes live Wednesday
Alpenglow will replace the voting system Solana has used since 2020, targeting roughly 150millisecond finality after months of testing that included a failed…
A company that vouches for websites had secret keys so weak that 8 of them were cracked
Eight secret keys at eMudhra, an Indian firm that vouches for websites, were compromised. Browsers and software makers are rushing out fixes. Source:CoinDesk
Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
The firms are seeking clearer guidance on the classification of crypto assets and secondarymarket trading as the SEC’s public comment period comes to a close.…
The Social Security Administration corrected millions of records, and says there’s more to fix
In an effort to thwart fraud, the Social Security Administration said it has fixed millions of records and is working on correcting millions more.…
It’s no secret what the best financial advice for retirement is — but most people ignore it anyway
Research can prove a lot of facts, but that doesn’t mean it changes how people act. Source:MarketWatch
SEC and AMF Announce Supervisory MOU To Enhance Cooperation for Investment Advisers and Investment Service Providers
The U.S. Securities and Exchange Commission (SEC) and the French Autorité des Marchés Financiers (AMF) announced that they have entered into a Memorandum of…
SEC, FSA Hold Autumn Financial Regulatory Dialogue
The U.S. Securities and Exchange Commission (SEC) and the Financial Services Agency of Japan (FSA) convened the Autumn SECFSA Financial Regulatory Dialogue in…
Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading
Seven more issuers have opted out of being listed on the planned tokenized stock venue under the SEC's framework, bringing its disclosed objection count to 16.…