Self-styled 'Godfather' gets 6 years in prison for $37 million Meta fraud scheme
Adam Iza’s sentence runs concurrently with a 15year term imposed last month for his role in an attempted bitcoin robbery. Source:CoinDesk
Hong Kong officials double down on end-2026 deadline for crypto licensing bill
Hong Kong regulators plan to establish a licensing regime for four categories, including digital asset trading, custody, advisory and management services.…
Better Markets says CFTC is ‘wrong agency’ to regulate retail crypto
Better Markets said the CFTC’s proposed framework to bring certain cryptocurrency transactions and exchanges under its oversight will leave investors less…
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
FinCEN withdrew two proposals that had hung over selfcustody and crypto mixers for years without ever taking effect. Source:CoinDesk
Rain seeks US trust bank charter days after OCC sued over crypto charters
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning…
Crypto PAC announces support for 32 House candidates in US midterms
Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the bill remains in limbo…
FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns
The bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s…
Crypto's campaign arm, Fairshake, sets lists of U.S. House favorites it'll spend on
The super PAC shared a list of more than 30 incumbent candidates it's backing, with about a million dollars going to three names from each party.…
Advocacy group pushes back on banks’ lawsuit against OCC over charters
CCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of charters for crypto companies, despite a recent lawsuit and pushback…
S&P Global brings risk assessments to growing crypto lending vault sector
S&P Global’s new framework evaluates digital asset lending vaults across six risk categories as deposits in the sector climb to about $10 billion.…
CFTC joins SEC in proposing crypto framework after failed CLARITY vote
CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a…
U.S. CFTC joins SEC in proposing crypto regulations, though spot-market gap lingers
The derivatives regulator is proposing two rules meant to cover the waterfront of crypto activity and exchanges, as long as it's not simple, direct trading.…