Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity. Source: cointelegraph.com (Read Full Article)
What does the US GENIUS Act mean for stablecoins?
The Genius Act is a US law aimed at establishing federal oversight for stablecoin issuers, setting rules for reserves, redemption rights, and licensing requirements. Source: cointelegraph.com (Read Full Article)
FBI ends probe of Kraken co-founder, returns confiscated devices — Report
The investigation was reportedly not connected to Jesse Powell’s activities within the crypto industry. Source: cointelegraph.com (Read Full Article)
US Senate Republicans release draft bill for crypto market structure
Republican leaders on the Senate Banking Committee said the legislation “built on” the CLARITY Act passed in the House of Representatives last week. Source: cointelegraph.com (Read Full Article)
UK to ban public sector from making ransomware payments
The UK will prohibit its public sector, such as its health service and local councils, from paying ransomware in a bid to “smash the cyber criminal business model.” Source: cointelegraph.com (Read Full Article)
21Shares files with SEC for spot ONDO ETF
21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance. Source: cointelegraph.com (Read Full Article)
SEC approves, then instantly pauses Bitwise’s ETF conversion
SEC greenlights Bitwise ETF, then halts it hours later — analysts say politics or missing crypto rules could be behind the sudden reversal. Source: cointelegraph.com (Read Full Article)
US looks to grab $7.1M in crypto from oil and gas investment scam
Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims. Source: cointelegraph.com (Read Full Article)
Colorado pastor and wife indicted in $3.4M crypto scam
The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors. Source: cointelegraph.com (Read Full Article)
South Korean regulator urges asset managers to limit crypto exposure
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. Source: cointelegraph.com (Read Full Article)