Financial news
Headlines from permitted publisher feeds and official institutions. Similar reports are grouped into one story with a source count; every item links to the original.
- CNN, MS NOW, Politico ask judge to extend block on White House ban
- Tether says it helped freeze $550M in Iran-linked USDT this year
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network.
- China has three new criteria for humanoid robot IPOs. Few, if any, meet them
China's securities regulator is raising the bar for public listings of humanoid robot startups with three specific criteria, according to three sources.
- Coinbase gets CFTC approval for US derivatives clearinghouse
Coinbase joins Kraken in bringing US derivatives infrastructure in-house, after Kraken’s parent acquired Bitnomial and its CFTC-regulated exchange, clearinghouse and brokerage in May.
- Senate advances college sports bill aimed at regulating NIL deals
The Senate voted Monday on the bill, which would create a national framework for name, image and likeness deals in college athletics.
- Khanna to introduce AI safety bill with ban on 'recursive' technology until safeguards exist
The proposal joins a chorus of other measures being put forward in Congress as the body mulls how to regulate AI.
- Canadian ‘crypto king’ set to represent himself at fraud trial
Aiden Pleterski was allegedly behind a crypto Ponzi scheme between 2021 and 2022 that resulted in a kidnapping and related criminal charges.
- Supreme Court Justice Alito will not participate in big climate change case next week
Environmental groups had called for Supreme Court Justice Samuel Alito to recuse himself from the case involving ExxonMobil and Suncor Energy.
- Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says
Tether and its stablecoin have become central in "Iran's shadow banking system," according to a new Senate investigation.
- Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
- US SEC follows CFTC in staff guidance for crypto
With the failed cloture vote on the CLARITY Act, the SEC announced updates on how federal securities laws could apply to token issuers, following similar guidance from the CFTC.
- SEC Charges Registered Investment Adviser Zoe Financial for Failure to Disclose Conflict of Interest
The Securities and Exchange Commission today announced settled charges against New York-based investment adviser Zoe Financial Inc. for failing to fully and fairly disclose material facts concerning conflicts of interest to its clients and prospective…
- Crypto PAC spends $11M to oppose Sherrod Brown in Ohio
Fairshake pledged an initial $30 million on media opposing the Democratic candidate in Ohio’s Senate race in what some see as a repeat of spending by the crypto industry in 2024.
- SEC Commissioner Hester Peirce reflects on her time at the agency, what she still wanted to get done: ‘There’s no good time to leave’
After nearly a decade at the Securities and Exchange Commission, Hester Peirce is wrapping up her last week at the agency.
- Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
Democrats on the Senate's Permanent Subcommittee on Intelligence published a report alleging that USDT had become a key tool for the Iranian government.
- Bitget attacker tested risk controls with small transfers before $388 million theft, CEO says
Bitget's attacker ran two small test transfers half an hour before draining $388 million, CEO Gracy Chen says.
- MiCA focus shifts from rulemaking to supervision, ESMA chair says
ESMA will focus on CASP resilience, outsourcing and reverse solicitation while pursuing harmonized reporting across national regulators.
- Trump ‘very seriously’ considering diesel export ban as global supply crunch worsens
Analysts warn an export ban could backfire, pushing up global diesel prices and potentially triggering higher U.S. gasoline prices as refiners adjust.
- Morning Minute: SEC Clears Token Buybacks for Crypto Networks
The Gary Gensler era is long gone and now the SEC is providing clarity on what crypto protocols can and can’t do with their tokens.
- California Bans Public Officials From Issuing Meme Coins Under New Newsom Law
Governor Gavin Newsom’s legislation bars public officials from issuing meme coins and exchanges from listing tokens tied to politicians.