The Bank Policy Institute believes crypto poses a risk to the financial system The Bank Policy Institute (BPI), a US trade group representing major banks, is reportedly considering legal action against the Office of the Comptroller of the Currency (OCC) over its crypto policies. BPI officials are concerned that granting crypto firms national trust bank
The collaboration reflects growing interest in combining traditional equities with blockchain technology Nasdaq is entering the tokenized equities space through a partnership with crypto exchange Kraken and its subsidiary Backed. The collaboration aims to create a bridge between traditional market infrastructure and blockchain-based networks while maintaining issuer control over their securities. The partnership builds on
Users in New York can now buy and sell Bitcoin, pay bills from Bitcoin and transfer funds to self-custody wallets Strike, a US-based payments company, has received both a virtual currency license and a money transmitter license from the New York State Department of Financial Services. These approvals enable Strike to offer Bitcoin services to
The outcome could influence regulatory practices and how Coinbase manages executive accountability A new shareholder lawsuit has been filed against Coinbase, targeting top executives and board members over alleged failures in compliance and disclosure. The derivative complaint, submitted Tuesday in the US District Court for the District of New Jersey, was brought by shareholder Kevin
The approval gives Kraken the ability to bridge the gap between traditional banking and cryptocurrency US cryptocurrency exchange Kraken has become the first crypto company to gain a Federal Reserve master account through its banking unit, Kraken Financial. The account, approved by the Federal Reserve Bank of Kansas City, provides the exchange with direct access
The amendment would prevent the Federal Reserve from creating a CBDC A new amendment to the Federal Reserve Act seeks to block the Federal Reserve from issuing a central bank digital currency (CBDC) until 2030. The language appears near the end of the 300-page “21st Century ROAD to Housing Act” (HR 6644), released by the
The updated rules signal a shift in X’s strategy, offering new revenue opportunities for creators Social media platform X has updated its advertising policies to allow paid promotions for cryptocurrency, but certain regions remain off-limits. The UK, the European Union, and Australia are excluded due to stricter financial promotion rules. Influencers promoting crypto must ensure
Fewer victims paying ransoms may change the way attackers operate, but the risk of financial loss remains high Ransomware attacks involving cryptocurrency saw a significant increase in 2025, with hackers shifting focus toward smaller businesses and medium-sized targets. According to blockchain analytics firm Chainalysis, there were nearly 8,000 ransomware incidents last year, a 50% rise
If signed, HB1042 could give residents the ability to diversify retirement portfolios with digital assets Indiana lawmakers have approved a bill aimed at protecting cryptocurrency users and expanding investment options within state retirement plans. House Bill 1042 passed the legislature with a 59-33 vote and now awaits Governor Mike Braun’s signature. The legislation would prohibit
The company could face additional regulatory or legal actions Binance is under scrutiny from the US Senate over claims it handled transactions linked to sanctioned entities in Iran and Russia. The investigation was triggered by reports suggesting the crypto exchange processed roughly $1.7 billion in transfers tied to Iranian government-affiliated organizations and Russian oil operators
Company executives described the projects as a solid base for long-term growth Bitcoin hardware manufacturer Canaan has expanded its US footprint by acquiring Cipher Mining’s 49% interest in three Texas-based mining ventures for $39.75 million. The assets, known collectively as the ABC Projects, include Alborz LLC, Bear LLC, and Chief Mountain LLC. Following the transaction,
A similar effort last year failed to make it out of committee Missouri lawmakers are taking another step toward creating a state-level Bitcoin reserve. House Bill 2080 was recently sent to the Missouri House Commerce Committee for review. The referral moves the proposal further along in the legislative process after its introduction earlier this year.
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