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Mastercard Secures New York BitLicense to Support Stablecoin and Digital Payments Infrastructure

Mastercard has received a BitLicense from the New York State Department of Financial Services (NYDFS), giving the payments giant permission to conduct digital asset business within one of the strictest crypto regulatory frameworks in the United States. The company announced on Wednesday that Mastercard Transaction Services (US) LLC had obtained the license as part of […]

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Top Crypto Exchanges Increase Scrutiny of Transfers With HTX Over UK Sanctions

Several major cryptocurrency exchanges warned users this week that transfers involving HTX could be subject to additional compliance checks after the UK sanctioned the exchange over alleged links to Russian financial networks. The UK government added HTX to its Russia sanctions list as part of a wider program targeting entities accused of contributing to sanctions

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Search results negotiated by Google engineers on Polymarket, federal government claims

A Google security engineer, Michele Spagnuolo, was arrested and charged with alleged insider trading by betting on Polymarket on what Google users were searching for, U.S. officials said Wednesday. According to a complaint unsealed by the U.S. Attorney’s Office for the Southern District of New York, Spagnuolo used “material nonpublic information” to bet on who

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Cryptocurrency Supports Potential New Allies in Congress as Industry PAC Presence Expands

The U.S. cryptocurrency industry has flexed its campaign finance might to help unseat old leaders and elevate new allies in Texas and other states as the congressional midterm season approaches its full potential, although the arrival of new political action committees may challenge the sector’s meticulous bipartisanship. Fairshake is still an unrivaled channel for securing

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Largest Cryptocurrency Exchanges Back Token Disclosure Standards as Industry Courts Institutional Capital

Coinbase, Kraken, Binance.US and more than 40 crypto companies launched an industry alliance Wednesday supporting standardized token disclosure, aiming to bring stock-like transparency to digital asset markets where investors often have limited visibility into what they are buying. The Transparency Alliance, organized by Blockworks, will use the company’s Token Transparency Framework as a shared benchmark

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DTCC taps Stellar (XLM) for its tokenized securities network in Wall Street’s latest blockchain push

The Depository Trust & Clearing Corporation (DTCC), Wall Street’s clearinghouse, announced plans on Wednesday to connect its tokenized securities platform to the Stellar (XLM) network, expanding Wall Street firms’ broader efforts to move traditional financial assets (TradFi) onto the blockchain rails. Tokenized assets held by DTCC’s Depository Trust Company could become available on Stellar in

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Wall Street Gets New Crypto Rival After Bank of Texas Completes Regulatory Pivot

A forty-year-old Texas bank is entering the national stage to challenge Wall Street’s efforts to take over the digital assets industry. United Texas Bank (UTB) received approval from the Office of the Comptroller of the Currency (OCC) to transition from a state-chartered financial institution to a nationally chartered bank on May 15, Scott Beck, the

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Robinhood lets AI trade for you so you don’t have to keep checking the markets

Robinhood (HOOD) offers retail traders a new way to automate investing: letting artificial intelligence make decisions and execute trades on their behalf. Customers can now connect third-party AI agents to Robinhood accounts to manage trading activities and even make purchases through virtual credit cards, Robinhood announced Wednesday. The rollout includes two products, Agentic Trading and

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Elon Musk could become one of the top five Bitcoin (BTC) holders if Tesla and SpaceX merge

Elon Musk could soon control one of the biggest Bitcoin companies BTC$75,807.15 holdings on the public markets if Tesla and SpaceX ultimately merge, according to reports surrounding the companies’ ongoing internal discussions about merging. CNBC reported Tuesday that Musk had discussed with colleagues the possibility of merging Tesla and SpaceX, citing people familiar with the

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