Compliance / Regulation
OKX Raises Undisclosed Capital at $25 Billion Valuation
Cryptocurrency exchange OKX raised an undisclosed sum at a $25 billion valuation from existing partners including Standard Chartered’s SC Ventures and Circle.
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Crypto / Crypto
Ethereum’s Glamsterdam Upgrade Launches on Sepolia Testnet
Ethereum’s Glamsterdam upgrade went live on the Sepolia testnet, introducing enshrined proposer-builder separation and block-level access lists to enhance layer-1 scaling.
Compliance / Regulation
ECB Details Digital Euro Strategy and Tokenisation Infrastructure
The ECB outlined a comprehensive strategy for the digital euro and tokenised finance, aiming to preserve monetary sovereignty while supporting private sector innovation.
Compliance / Regulation
ECB shifts to risk-based supervision with tiered remediation framework
The ECB is implementing a tiered supervisory approach to prioritize material risks, reducing the stock of outstanding measures by focusing on timely remediation and simplifying processes for low-severity findings.
Compliance / Regulation
Rep. Davis Bill Proposes $10K Fine for Candidates Trading Own Races
Rep. Don Davis introduced legislation barring federal candidates from trading prediction market contracts on their own races, imposing civil fines and granting platforms immunity.
Compliance / Regulation
CFTC Proposes Federal Licensing Framework for Crypto Exchanges
The CFTC published a plan to regulate crypto exchanges through Regulation CTX and CAM, seeking public input on federal licensing.
Compliance / Regulation
Polymarket Launches Protocol V2 to Overhaul Smart Contracts
Polymarket began rolling out Protocol V2 on Monday, introducing a new smart contract system designed to support different market types through a single exchange.
Crypto / Crypto
Paxos USDG Stablecoin Launches on Arbitrum With $3B Circulation
Paxos issued its Global Dollar stablecoin natively on Arbitrum One, integrating with major DeFi protocols and proposing a 100 million ARB incentive program.
Compliance / Regulation
Cuomo Warns US Crypto Rules Face Political Risk After Midterms
Former Governor Andrew Cuomo argues that SEC and CFTC crypto regulations lack durability without congressional legislation, risking reversal if Democrats gain control of Congress.
Crypto / Crypto
Old Major Market Retains 100% of Bitcoin Payments Across 48 States
Indianapolis-based Old Major Market now retains all received bitcoin on its balance sheet, shifting from immediate liquidation to long-term holding.
Compliance / Regulation
Adam Iza Sentenced to 78 Months for Hiring Deputies, Meta Fraud
Adam Iza received a concurrent 78-month sentence for abusing law enforcement and stealing $37 million from Meta, adding to his existing 15-year term.
Crypto / Crypto
Solana Foundation Launches Open-Source DvP to Cut Settlement Times
The Solana Foundation released an open-source delivery-versus-payment program designed to reduce securities settlement times from days to seconds.