Latest updates, press releases, and insights from the volatile world of digital assets.
Sony Bank has received conditional approval from the US Office of the Comptroller of the Currency to set up Connectia Trust, a national trust bank subsidiary aimed at issuing a dollar-backed stablecoin, with operations targeted for 2027
The CLARITY Act, which aims to set clear federal rules for digital assets by dividing oversight between the CFTC and SEC, faces a tight timeline in the Senate before the August recess. Lawmakers and industry figures push for action amid ongoing talks on key disputes
Sen. Ron Wyden urges Senate leaders to retain key safeguards for blockchain developers in the ongoing Clarity Act negotiations, amid continued debate over regulatory balance
A US Justice Department memo has raised concerns among prosecutors about potential delays in asset freezes from Binance, the world's largest crypto exchange, due to interpretations of its Abu Dhabi license rules. Binance denies any policy shift and states cooperation with US authorities continues unchanged
Cantor Equity Partners I and Bitcoin Standard Treasury Company have abandoned their original merger agreement and are negotiating a new structure amid shifting market conditions. The planned shareholder vote has been postponed indefinitely
The European Union is set to review its Markets in Crypto-Assets Regulation in 2027, focusing on foreign stablecoin issuers and emerging tokenization developments following recent US legislation
Cardano founder Charles Hoskinson criticizes Ethereum’s latest research proposal on native UTXOs, claiming it builds on ideas Cardano pioneered years ago without acknowledgment, while reaffirming his confidence in ADA despite market challenges
The Clarity Act, which aims to establish clear federal oversight for digital assets by splitting responsibilities between the CFTC and SEC, faces a tight timeline in the Senate amid ongoing disputes over ethics, DeFi rules, and stablecoin provisions
Ripple has entered a multi-year sponsorship agreement with the University of Kansas, placing the XRP logo on Jayhawks athletic uniforms across multiple sports programs in a first-of-its-kind move for cryptocurrency and NCAA Division I athletics
SpaceX conducted a small Bitcoin transfer between its own tagged wallets, drawing attention from market participants. The move involved minimal amounts and appears tied to routine operations rather than any broader shift in holdings
