Latest updates, press releases, and insights from the volatile world of digital assets.
Governor Gavin Newsom signed AB 2409 on September 27, 2026, prohibiting state and local officials from launching meme coins and restricting certain listings starting in 2027
Federal Reserve Board released two proposals to enforce the GENIUS Act, requiring stablecoin issuers it supervises to maintain full one-to-one reserve backing and meet standardized capital standards while setting redemption timelines and bank approval pathways
The project aims to end its independent blockchain after seven years, issue ERC-20 ONE tokens via snapshot, and pivot validators toward an AI video platform amid ongoing security pressures
Assembly Bill 2409 clears both chambers unanimously and heads to Governor Newsom, targeting conflicts of interest in digital assets
The state seeks to halt the prediction market platform’s sports offerings, arguing they constitute unlicensed wagering under local law rather than federally regulated derivatives
The company and state officials announced plans for a 125,000-acre Starbase Louisiana facility in Vermilion Parish, with construction set to begin in 2027 and initial Starship flights targeted for 2029
Attorney General Letitia James and Governor Kathy Hochul filed suit claiming the prediction market runs an unlicensed gambling operation, seeking a halt to contracts and massive penalties
Thailand’s central bank and securities regulator are stepping up checks on large cash movements and stablecoin transactions to curb hidden capital flows, with new rules targeting deposits over 5 million baht and closer review of USDT activity
The Bank of Korea is pushing for swift legislation on won-backed stablecoins, prioritizing bank consortiums while advancing deposit token pilots amid ongoing legislative delays
New Hampshire's Governor and Executive Council will hold a public hearing on a proposal for up to $100 million in taxable revenue bonds tied to Bitcoin acquisition through a private borrower structure
