The OCC finalized its first GENIUS Act rule, effective Jan. 18, 2027, covering reserves, redemptions, custody and supervision. Issuers remain barred from directly paying interest…
Category: CRYPTO & BLOCKCHAİN
Chamath Says Bitcoin Will Hit $0 as Standard Chartered Expands Crypto Business
Chamath Palihapitiya predicts Bitcoin will eventually be hacked, questioning its ability to coordinate security upgrades. Standard Chartered has signed agreements to acquire Zodia Custody, expanding…
IMF warns AI financing and oil shocks threaten 2027 growth
The International Monetary Fund (IMF) has identified interconnected financing within the artificial intelligence sector as a primary channel for potential financial stress in 2027, warning […]
Brent crude hits $117.42 on Iran strike fears
Brent crude oil hit $117.42 per barrel on Friday, October 23, its highest level since April. The spike follows fresh Houthi attacks on Saudi Arabia […]
New OCC stablecoin rule resets redemptions, and banks face big shifts
The Office of the Comptroller of the Currency (OCC) has dropped a proposed automatic seven-day stablecoin redemption extension, while defining timely redemption as the point […]
Prediction markets face CFTC scrutiny ahead of 2026 US midterms
CFTC Chairman Michael Selig has said the agency is monitoring prediction markets for possible manipulation ahead of the 2026 U.S. midterm elections, according to reporting […]
Bitcoin Price Stays Lower as Asian Stocks Struggle on AI Fears
Bitcoin (BTC) ranged below $82,000 into Friday’s Wall Street open as stock markets slid further on AI financing concerns. Key points: Bitcoin struggled to rebound […]
New York demands $1.3B from NovaTech and 11,000 victims face delay
New York Attorney General Letitia James asked a state court on Oct. 22 to order cryptocurrency investment company NovaTech, its founders Cynthia and Eddy Petion, […]
Chinese Prosecutors Seek Confiscation of 61,896 BTC Seized in UK From Massive Fraud: Report
Chinese prosecutors are seeking to confiscate over 61,000 Bitcoin and related assets seized by UK authorities from a massive international fraud scheme. The Tianjin No.2 […]
Grayscale Warns Crypto Token Inflation Can Wipe Out Holder Rewards
Key Takeaways Trading and lending earnings provide a foundation for crypto app valuations. New token supply can offset buybacks and staking rewards. Grayscale measures both […]