Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Source: cointelegraph.com (Read Full Article)
GENIUS sets new stablecoin rules but remains vague on foreign issuers
The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad. Source: cointelegraph.com (Read Full Article)
State of stablecoins after GENIUS Act: Expert weighs in
Following the landmark US passage of the GENIUS Act, Fabian Dori of Sygnum Bank breaks down what lies ahead for stablecoins, institutional adoption and global crypto regulation. Source: cointelegraph.com (Read Full Article)
UK regulator lifts ban on crypto ETNs for retail investors
After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail. Source: cointelegraph.com (Read Full Article)
Crypto treasuries top $100B for Ethereum’s 10th anniversary: Finance Redefined
Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin. Source: cointelegraph.com (Read Full Article)
Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction. Source: cointelegraph.com (Read Full Article)
SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US
With officials urging companies to “reshore crypto,” global companies are expanding US operations as the Trump administration rolls out pro-crypto reforms. Source: cointelegraph.com (Read Full Article)
Bitcoin reserve plan missing from White House’s crypto report
The absence of a Bitcoin reserve plan in the report may delay U.S. leadership in digital assets, affecting market confidence and innovation. The post Bitcoin reserve plan missing from White House’s crypto report appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
How a police officer stole 50 BTC from a seized crypto wallet and got caught
A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice. In a major breach of trust within UK law enforcement, Paul Chowles, a National Crime Agency (NCA) officer, stole 50 Bitcoin (BTC) from a seized wallet connected to Thomas White, an operator of Silk Road 2.0. The theft occurred in 2017 when the cryptocurrency was valued at a total of approximately 60,000 British pounds (around $79,000). By the time Chowles was caught, the crypto’s value had surged to over 4.4 million pounds (around $5.9 million). The 42-year-old officer from Bristol used the dark web and crypto-mixing services to split the stolen Bitcoin into smaller amounts, transferring them through crypto exchanges and prepaid cards to conceal their source. Read more Source: cointelegraph.com (Read Full Article)
SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US
With officials urging companies to “reshore crypto,” global companies are expanding US operations as the Trump administration rolls out pro-crypto reforms. Crypto companies are beginning to return to the United States as top officials signal a shift toward friendlier regulation and domestic growth.In a Thursday speech at the America First Policy Institute, SEC Chair Paul Atkins called on the country to “reshore the crypto businesses that fled,” reinforcing a broader effort by the administration of President Donald Trump to position the US as a global hub for digital assets.Treasury Secretary Scott Bessent said on Friday that the US has entered the “golden age of crypto” and issued a direct call to builders: “Start your companies here. Launch your protocols here. And hire your workers here.”Read more Source: cointelegraph.com (Read Full Article)