Regulation

European financial institutions launch RL1 cooperative blockchain network

RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, i…

BlackRock, Fidelity, other Wall Street giants back the Clarity Act

BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market stru…

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates

Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, t…

Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains

EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infr…

Russia outlines new digital depository rules ahead of fall crypto framework roll-out

The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital a…

NOWPayments and BlockSec Release Crypto Payment Security and Technical Compliance Checklist

BNY Mellon unit joins MiCA register as ESMA adds 15 providers

BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto …

Cloud data firm Storj files for Chapter 11, extending a week of crypto failures. Token slides 16%

The decentralized data storage company says operations continue and proposes that token holders take equity i…

Storj files for bankruptcy, explores equity path for tokenholders

The decentralized storage provider says its network will continue operating during Chapter 11 as it explores …

CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26

Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitME…

CFTC issues second warning to prediction markets on cookie-cutter self-certifications

For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-s…

Russia’s Sberbank to launch crypto trading infrastructure this year

Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set t…

U.S. regulator warns prediction markets against cutting corners in event contracts

The Commodity Futures Trading Commission again issued an advisory that signals firms have been straying into …