Business
World Liberty’s stablecoin is about to issue itself, and that’s the change worth reading
A conditional trust charter would let World Liberty Financial take over issuing USD1 from BitGo. A trust charter is not a normal bank licence, and "conditional" is doing a lot of work in that sentence.
Decrypt, CryptoSlate and The Block
2 months ago · 5 min read
Policy
US regulators are clearing a path to round-the-clock share trading. Britain isn’t on it.
The SEC is advancing an exemption that would let listed shares trade on a blockchain at any hour. It changes when you can trade, not what you own, and UK investors are nowhere near it.
The Defiant, reporting Bloomberg
2 months ago · 7 min read
Policy
The bill that would decide which tokens you can buy is running out of road
Trump and the heads of the SEC and CFTC are due to meet crypto executives at the White House on 19 August, with the industry's biggest legislative priority now given roughly a 10% chance of passing this year. Here's what the bill would actually settle.
CryptoSlate and The Block
2 months ago · 8 min read
Business
Robinhood’s UK app now puts crypto next to your ISA. Only one of them is protected
Robinhood has switched on crypto trading inside its main UK app, using Bitstamp for the trading and custody. It sits on the same screen as stocks and ISAs — with very different protections behind it.
The Block
2 months ago · 5 min read
Policy
Hawaii becomes the fourth US state to switch off crypto ATMs
From 1 October, crypto ATMs are banned in Hawaii, joining Minnesota, Tennessee and Indiana. Here is how the scams these machines get used for actually work, and why UK readers should know the machines were never legal here in the first place.
Cointelegraph, with additional reporting via CoinDesk
2 months ago · 4 min read
Technology
A French tax leak has put 678,000 names and addresses in the wrong hands
Nearly 678,000 people had their details exposed in a breach at the French tax administration, in a year already on course to be the country's worst for violent robberies aimed at crypto holders.
The Block, CoinDesk, Cointelegraph and CryptoSlate
2 months ago · 5 min read
Policy
Ireland wants extra checks on crypto sent from your own wallet
Ireland is drawing up anti-money-laundering standards that would treat crypto arriving from a wallet you control differently from crypto arriving from another exchange. Here's what that looks like at the withdrawal screen, and how much of it already applies in the UK.
Cointelegraph
2 months ago · 5 min read
Business
Israel’s biggest bank wants to sell you crypto. Read the custody terms first.
Israel's largest lender is preparing to offer bitcoin, ether and solana trading in its own app, with Galaxy providing the plumbing. Convenient, yes. But the coins sit with a custodian, and bank deposit protection doesn't stretch to cover them.
The Block, with data from Chainalysis
2 months ago · 5 min read
Policy
Binance is blocking HTX transfers, and that isn’t the same as a freeze
Binance says it will stop processing transactions involving 16 platforms, 11 of them newly added after the EU's latest Russia sanctions package. HTX is the biggest name on the list, and the difference between a blocked route and a frozen balance matters.
The Block and Cointelegraph
2 months ago · 5 min read
Technology
Nearly a third of Solana’s stake went quiet at once. The network held.
Marinade Finance says 28.83% of staked SOL stopped voting early Wednesday, leaving Solana about 4.5 percentage points short of the level where it stops finalising blocks. Nothing broke, which is the part worth understanding.
The Defiant, with data from Marinade Finance
2 months ago · 5 min read