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Credit Unions Could Face 26 New Stablecoin Reporting Fields


Credit unions involved with stablecoins could face 26 new federal reporting fields covering custody, issuer exposure, and their own holdings. The proposal seeks more detailed supervision as community institutions explore digital dollar services. Stablecoin Custody and Holdings Face Closer Oversight...

Franklin Templeton Explores SEC Relief for Tokenized Fund Trades


Franklin Templeton is exploring whether regulatory exemptions could allow tokenized money market funds and ETFs to trade through blockchain venues. Its Oct. 9 meeting with SEC Crypto Task Force staff addressed legal questions about pricing, fees, and pooled assets. Tokenized Fund Trades Put Pricing...

Crypto Founder Charged in Alleged $9 Million Memecoin Rug Pull


Kishu Inu grew into a billion-dollar cryptocurrency, and its creator allegedly collected millions from undisclosed token sales. Federal prosecutors now accuse him of misleading investors while selling holdings secretly allocated before the public could buy. Kishu Inu Creator Charged Over Alleged...

Blockchain.com Seeks CFTC Approval for Prediction Markets, Crypto Derivatives


Blockchain.com is seeking regulatory approval to launch prediction markets and cryptocurrency derivatives trading in the United States, per a report, joining a growing number of digital asset companies looking to capitalize on the booming market for event-based contracts.   The cryptocurrency...

Brazil Seizes Record Crypto Funds From Self-Custody Wallets


During Operation ClickFix, which targeted a criminal group that used social engineering for phishing purposes, the Civil Police of Santa Catarina recovered over $1.7 million held in self-custody wallets—the largest seizure of this nature ever recorded by law enforcement agencies in Brazil. Over...

Celsius Founder Alex Mashinsky Gets Lifetime Ban From New York AG


Celsius co-founder and former CEO Alex Mashinsky is permanently barred from crypto and securities businesses under a New York settlement announced Oct. 9. The agreement follows investor losses tied to misleading safety assurances and exposes him to up to $35 million in conditional payments....

Crypto.com Privacy Case Dismissed, Plaintiffs Get Second Chance


U.S. District judge has dismissed a digital privacy class action against a Crypto.com operator over third-party tracking cookies. Plaintiffs Alleged Comprehensive Profiling and Deceptive Tracking A U.S. court dismissed a digital privacy class action against Foris Dax, the operator of the exchange...

Kyrgyzstan Shuts Stablecoin USDKG, Burns 50M Tokens After UK Sanctions


Kyrgyzstan is winding down USDKG, its state-backed gold stablecoin, and liquidating both its issuer and the country’s first state-owned crypto exchange. Kyrgyzstan Pulls Plug on USDKG and State-Owned Crypto Exchange Kyrgyzstan is pulling the plug on one of the crypto industry’s more unusual...

Hyperliquid Behind the Scenes: How to Build a Perpetual DEX


Offering traders worldwide the ability to open leveraged positions on virtually any asset, without going through a licensed broker: this is the promise of perpetual DEX platforms. With the massive success and traction of names such as Hyperliquid and GMX, one may wonder: how do these companies...

UK Sanctions Crypto Exchanges Over Suspected Russia-Linked Evasion


Three crypto exchanges and two payment platforms come under new UK sanctions over suspected efforts to bypass restrictions on Russia. The measures target financial channels authorities associate with sanctions evasion as Britain expands pressure on Moscow’s war funding. Cryptomus and Heleket...

Ohio Returns $15,300 Lost at Crypto ATM in Fake Microsoft Scam


An Ohio woman recovered her entire loss after a fake Microsoft support call directed her to send money through a crypto ATM. The case illustrates how computer warnings can become payment demands that move cash into fraudsters’ digital wallets. Fake Microsoft Hotline Led to a $15,300 Crypto...

Dark Web Market Founder Gets 40 Years, Agrees to Forfeit 1,230 Bitcoin


A crypto-only dark web marketplace has brought its co-founder decades in federal prison and an agreement to surrender digital assets and real estate. The case involved drug trafficking, concealed payments, and vendor ratings for hiding shipments. A $5 Million Fine Alongside Crypto and Property...

$783K Crypto Bust Ends Site Selling Stolen Images of 17,000 Women


A joint French-U.S. law enforcement operation shut down a platform selling stolen intimate images of women and underage girls. Authorities also seized over $783,000 in crypto assets, including bitcoin. Crypto-Driven Financial Scheme French investigators have confiscated more than $783,000...

Engineer Who Sabotaged Employer for Bitcoin Ransom Gets Prison Time


A former infrastructure engineer at a New Jersey-based industrial company has been sentenced to 32 months in federal prison after admitting that he sabotaged his employer’s computer systems—and demanded roughly $750,000 in bitcoin to stop the attack. Daniel Rhyne, 59, of Kansas City, Missouri,...

US Lawmaker Pushes Ban on Candidates Betting on Their Own Elections


U.S. Rep. Don Davis has introduced the No Betting on Your Own Race Act, which would prohibit federal candidates from trading prediction market contracts tied to their own elections. Davis Seeks Ban on Candidates Betting on Their Own Elections U.S. Representative Don Davis, D-N.C., has introduced...

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