Regulation

Dinari wins broker-dealer license to roll out tokenized stocks across US platforms

Dinari wins broker-dealer license to roll out tokenized stocks across US platforms

Dinari secured a US broker-dealer registration for its subsidiary, becoming the first platform cleared to offer blockchain-based shares of publicly traded companies to domestic investors, Reuters reported on June 26. The San Francisco firm stated that it will activate the licensed entity during the next quarter, following completion of onboarding with the Securities and Exchange […]

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House clears HB 1664, setting Commerce Department as lead federal blockchain coordinator

House clears HB 1664, setting Commerce Department as lead federal blockchain coordinator

The House passed HB 1664 on June 26, which designates the Secretary of Commerce as the President’s principal advisor on matters involving distributed-ledger technology The measure, introduced by Rep. Kat Cammack and co-sponsored by Rep. Darren Soto, passed by voice vote under suspension of the rules on June 26, according to the chamber’s floor summary.

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Court rejects Ripple and SEC bid to slash 5M penalty and lift injunction on XRP sales to institutions

Court rejects Ripple and SEC bid to slash $125M penalty and lift injunction on XRP sales to institutions

Key Takeaways A federal judge denied Ripple and the SEC’s joint request to scrap a permanent injunction and reduce a $125 million penalty. The court emphasized that modifications to final judgments require extraordinary circumstances under Rule 60(b). Share this article A federal judge on Thursday denied a joint request from the SEC and Ripple Labs

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Hong Kong’s LEAP toward digital asset dominance

Hong Kong’s LEAP toward digital asset dominance

Hong Kong released a second policy statement to accelerate its digital asset (DA) development and reinforce its ambition to become a global leader in financial innovation. The latest statement, dated June 26 and dubbed “Policy Statement 2.0,” expands on the framework laid out in its initial release from October 2022. According to the Hong Kong

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Kraken secures MiCA license via Central Bank of Ireland to ensure EU operations continue

Kraken secures MiCA license via Central Bank of Ireland to ensure EU operations continue

Kraken has become the first major global crypto exchange to secure a full Markets in Crypto-Assets (MiCA) license through the Central Bank of Ireland, enabling the company to offer regulated digital asset services across all 30 European Economic Area (EEA) countries. The license, granted June 26, positions Kraken ahead of the European Union’s year-end MiCA

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Bitcoin targets 0K as regulatory clarity boosts sentiment

Bitcoin targets $110K as regulatory clarity boosts sentiment

Bitcoin (BTC) hovers above $107,700, up 1.4% as cryptocurrencies edge higher. Institutional interest and regulatory news are driving bullish sentiment BTC price could rally to highs of $110k and then a new all-time high Bitcoin (BTC) currently trades above $107,700, up 1.4% in the past 24 hours as bulls look to retest the highs above

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Ruble-Backed A7A5 Stablecoin Moves .3B on Sanctioned Russian Exchange Successor Grinex

Ruble-Backed A7A5 Stablecoin Moves $9.3B on Sanctioned Russian Exchange Successor Grinex

A7A5, a stablecoin pegged to the Russian ruble, has processed over $9.3 billion in transactions on Grinex, a crypto exchange widely viewed as the successor to the sanctioned platform Garantex. Key Takeaways: A7A5 processed $9.3B through Grinex, mostly from just 124 wallets. Elliptic and Global Ledger suggest Grinex may be Garantex’s unofficial successor. Analysts question

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Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers

Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers

Russia is fast-tracking a nationwide digital currency revolution, mandating banks and major retailers to adopt the digital ruble in a sweeping payments system overhaul. Digital Ruble Rollout Accelerates With Mandatory Integration Deadlines A sweeping overhaul of Russia’s retail payments sector is on the horizon as the digital ruble, Russia’s central bank digital currency (CBDC), edges

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Mortgage giants Fannie Mae, Freddie Mac directed to consider crypto as valid assets for home loan eligibility

Mortgage giants Fannie Mae, Freddie Mac directed to consider crypto as valid assets for home loan eligibility

Key Takeaways The US housing finance regulator wants Fannie Mae and Freddie Mac to draft plans that treat crypto as part of a borrower’s assets for mortgage review. Crypto holdings can be counted directly in mortgage underwriting if the proposals are approved. Share this article The US Federal Housing Finance Agency (FHFA) has directed mortgage

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Fannie Mae, Freddie Mac Ordered to Prepare for Crypto as Mortgage Asset

Fannie Mae, Freddie Mac Ordered to Prepare for Crypto as Mortgage Asset

Cryptocurrency just took a major step toward financial legitimacy as U.S. housing regulators move to treat it as verifiable mortgage reserve capital, reshaping borrower risk assessments nationwide. Mortgage Industry Faces Transformation as Federal Housing Authorities Move to Legitimize Crypto Reserves A bullish regulatory shift is underway as federal housing authorities move to recognize cryptocurrency as

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