Regulation News
SEC Cancels Vote on 'Regulation Crypto' Startup Fundraising Exemptions
The SEC abruptly pulled a planned August 14 vote on rules that would let crypto startups raise capital without full securities registration, citing a scheduling issue.
SafePal Data Breach Exposes Order Details of Nearly 40,000 Wallet Customers
Crypto wallet provider SafePal disclosed a data breach tied to an order-tracking plugin flaw that exposed personal information for 39,798 customers, though private keys and seed phrases were not affected.
Binance to Block HTX and 15 Other Exchanges as EU Russia Sanctions Take Effect
Binance is phasing out transaction processing for 16 crypto exchanges and service providers, including HTX, after the European Union added them to its latest Russia sanctions package.
Binance's Failed EU Licence Bid Hands Rivals an Opening to Poach Its Users
Binance is suspending most services for EU customers after failing to secure a MiCA licence, and competitors including Coinbase, Kraken and OKX are already offering bonuses to capture its stranded European users.
White House to Host Crypto and Prediction Market Executives Next Week
The White House is expected to host executives from the crypto and prediction-market industries on August 19, according to Politico, a day before the CFTC convenes its new Innovation Advisory Committee.
OCC Grants World Liberty Financial Preliminary Charter for $4B USD1 Stablecoin
The Office of the Comptroller of the Currency has preliminarily approved a national trust bank tied to President Trump's family, letting World Liberty Financial bring its roughly $4 billion USD1 stablecoin in-house.
NFT Startup Founder Charged With Fraud a Year After Co-Founders Flagged Missing Funds
Federal prosecutors have charged the founder of NFT startup Few and Far with securities and wire fraud, alleging he removed the co-founders who had uncovered irregularities in the company's treasury. The founder denies the allegations.
Crypto Investor Marc Andreessen Joins Fed Task Force Tied to Rate-Cut Debate
Venture capitalist Marc Andreessen, a major backer of crypto and AI startups, will co-chair a Federal Reserve task force chair Kevin Warsh has linked to the case for interest-rate cuts, part of a broader central bank reform push.
Zerohash's Bank Charter Bid Hits an OCC Snag, Refiling Planned This Month
Crypto infrastructure firm Zerohash, which powers digital asset trading on Morgan Stanley's E*Trade platform, had its federal trust bank charter application returned by the OCC without a decision, and now plans a narrower refiling.