News You Can HODL
AI Summary Show SEC clarified that buyback promises become securities concerns only when a nonfunctional network ties them to investor returns. Functional, decentralized systems lack central control, so buyback announcements…
AI Summary Show FCA obtained £851,402.27 in confiscation orders, splitting £603,404.28 to Bedi and £247,997.99 to Mavanga. Defendants have three months to pay; non‑payment could add up to five years…
Securities and Exchange Commission (SEC) staff issued new FAQs clarifying how the agency’s March interpretation of federal securities laws applies to crypto assets, including functional networks, staking receipt tokens, and…
Key Highlights The Fed proposed new rules for stablecoin reserves, capital and risk management. Banks seeking to issue stablecoins would need to submit a business plan and financial information. The…
Key Highlights The CFTC clarified how regulated firms can use tokenized assets and blockchain for customer funds and recordkeeping. Tokenized real-world assets reached $46 billion, with funds making up 75.5%…
Key Highlights Agora received preliminary conditional approval from the OCC to establish Agora National Trust Bank. The proposed bank would oversee stablecoin, custody and transaction services if it receives final…
Senator Cynthia Lummis (R-Wyo.) has criticized Senator Angela Alsobrooks (D-Md.) over her vote against advancing the CLARITY Act, after the Senate failed to secure the 60 votes needed to move…
Former Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo said the U.S. Senate’s failure to advance the Digital Asset Market Clarity Act (CLARITY Act) will not stop the march…
The Digital Asset Market Clarity Act has failed to clear its first floor test in the United States Senate. The chamber did not invoke cloture on the motion to proceed…
Key Highlights Elizabeth Warren urged every senator to vote against advancing the CLARITY Act, while saying she still supports bipartisan crypto regulation. Warren argued the revised ethics language would not…