The post How Binance Plans To Cover $6 Billion Hack Without Hitting Customers appeared first on Coinpedia Fintech News
Binance says customer balances are untouched by this week’s hack because the stolen crypto came from one of its own hot wallets,...
On September 15, the US Senate voted 49 to 50 on whether to even begin debating the CLARITY Act, the market structure bill the crypto industry had spent more than a year negotiating.
It needed sixty votes. Not a single Democrat voted yes, and the...
Ripple won final approval from the Office of the Comptroller of the Currency (OCC) to open a national trust bank. The bank charter covers reserves behind its $2.5 billion Ripple USD (RLUSD) stablecoin but assigns XRP no role.
XRP holders sit...
The post GENIUS Act News: OCC Final Rule Drops Stablecoin Yield Curbs, Banks Push Back appeared first on Coinpedia Fintech News
The Office of the Comptroller of the Currency has finalised its rule implementing the GENIUS Act and removed earlier...
The post OCC Final Rule On GENIUS Act Expected By End Of October appeared first on Coinpedia Fintech News
The US Office of the Comptroller of the Currency expects to publish its final rule implementing the GENIUS Act no later than the end of...
The White House Crypto Council, which coordinates President Donald Trump’s digital asset policy, has lost its last known staffer. The White House confirmed on Wednesday that executive director Patrick Witt’s temporary posting has ended.
No official...
Senate Republicans released the final Clarity Act text on Sunday, folding in changes Democrats demanded and rewriting the ethics title that had been a sticking point.
The substitute runs 635 pages, 5 longer than the September 10 draft. Senators...
The post Trump Agrees To Let State AGs Sue Over CLARITY Act Violations appeared first on Coinpedia Fintech News
President Trump has agreed to allow state attorneys general to sue the Department of Justice and crypto exchanges if he or future...
The White House vetted candidates for all four vacant Commodity Futures Trading Commission (CFTC) seats, according to CNBC. Two of those seats belong to Democrats.
Nothing in law requires them to be filled, as the statute caps one party at three of...
BitcoinWorld
Crypto Executives Meet Commerce Secretary Lutnick Ahead of Trump Talks on CLARITY Act
Top executives from major cryptocurrency firms held a private meeting with U.S. Commerce Secretary Howard Lutnick on Tuesday, ahead of a separate...