The appointment could pave the way for a more crypto-friendly regulatory environment The US Senate has confirmed crypto-focused attorney Mike Selig as the new chair of the Commodity Futures Trading Commission, placing a known digital asset supporter at the head of a key market regulator. The vote passed 53–43 as part of a larger group
Tag: Cryptocurrency
Federal Reserve Open to Cryptocurrency as It Withdraws ‘Outdated’ Guidance
The update reflects a recalibration as digital assets move closer to the financial mainstream The US Federal Reserve has taken a notable step toward easing its stance on digital assets by withdrawing guidance issued in 2023 that restricted how Fed-supervised banks could work with cryptocurrency. The change affects both insured and uninsured banks and signals
Lightning Network’s Capacity Reaches All-Time High Following Increased Adoption
With more capital and better tools, Lightning’s role in everyday crypto payments continues to expand Bitcoin’s Lightning Network has reached a new record for total capacity, signaling renewed momentum after a long stretch of slower growth. Data from network trackers shows that more Bitcoin is now locked into Lightning payment channels than at any point
Fraudster Posing as Coinbase Employee Steals $15 Million From Users
The alleged scammer has pleaded not guilty and is being held at Rikers Island A Brooklyn man has been charged in a sweeping crypto fraud case after allegedly stealing about $15 million by pretending to be a Coinbase customer support employee. Prosecutors say the scheme targeted roughly 100 victims across the United States and ran
UK Could Have New Crypto-Friendly Finance Laws by 2027
Final rules are targeted for late 2026, setting the stage for the broader crypto law rollout the following year The UK is moving closer to placing cryptocurrencies fully within its financial rulebook, with new legislation expected to reach Parliament this week. The proposed bill would bring crypto companies under existing finance laws, with oversight handled
The NYSE Gets Its Own Valentina Picozzi Satoshi Nakamoto Statue
Picozzi’s statues serve as a tribute to Nakamoto and the developers who built and maintained Bitcoin’s ecosystem A new art installation at the New York Stock Exchange (NYSE) has brought Bitcoin’s mysterious creator into the heart of traditional finance. The NYSE is now the sixth host of Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue, a placement
Stripe’s Stripe-And-Paradigm-Built Payments Blockchain Tempo Is Now Live
Tempo may be positioning itself as a bridge between stablecoins and everyday global payments Stripe and crypto investment firm Paradigm have taken a key step toward launching their payments-focused blockchain, Tempo. The project announced that its first public testnet is now live, allowing developers and infrastructure providers to begin experimenting with the network ahead of
Circle Becomes Latest Crypto-Friendly Company Approved in Abu Dhabi
The Middle East continues to gain strength as a global cryptocurrency hub Circle has received regulatory approval to operate in the Abu Dhabi Global Market (ADGM), becoming the latest crypto-friendly company to expand into the UAE’s rapidly growing digital-asset hub. The firm announced that it secured a Financial Services Permission license from the Financial Services
Binance Secures New Financial Licenses To Expand Global Reach
The crypto exchange’s latest success extends its reach in the Middle East Binance has secured three new financial licenses in Abu Dhabi, giving the company approval to operate exchange, clearing, and broker-dealer services under the Financial Services Regulatory Authority (FSRA). The licenses were granted to Nest Exchange Limited, Nest Clearing and Custody Limited, and Nest
Former Execs of Failed Crypto-Friendly Signature Bank Try Again
The bank says its early client roster includes businesses in crypto, foreign exchange, and logistics Former leaders of the shuttered Signature Bank are returning to the financial sector with a new venture designed around blockchain-based payments. The group has launched N3XT, a Wyoming-chartered institution built to move money instantly and operate around the clock. The
Binance Is Getting in on the Prediction Markets Craze
The exchange is launching predict.fun, a platform built on BNB Chain by a former Binance employee Binance founder Changpeng “CZ” Zhao is drawing new attention to prediction markets after spotlighting predict.fun, a platform built on BNB Chain by a former Binance employee. The site allows users to wager on outcomes while earning yield on the
Binance Taps Co-Founder Yi He as New Co-CEO
Binance is trying to stabilize its structure while continuing to evolve in the market Binance has expanded its leadership team by naming co-founder Yi He as the company’s new co-CEO, placing her alongside current chief executive Richard Teng. The announcement was made during Binance Blockchain Week, where Teng emphasized that Yi He has been central











