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If you hold Wrapped TON on Ethereum or on $BNB Smart Chain, you have until September 1, 2026 to bring those tokens back into the TON network over the official bridge. After that the bridge is shut down, and any balance still sitting in wrapped form can no longer be unwound by this route. The mirror image applies to the so-called j-tokens on TON, meaning jUSDT, jUSDC, jDAI and jWBTC: those holdings have to go back to Ethereum beforehand. The date has been fixed since May 23, 2026. It is therefore not a surprise event but a long-announced deadline now…
The UK’s top financial regulator has eased elements of its landmark cryptocurrency rules, providing relief to firms navigating the new compliance landscape. The Financial Conduct Authority announced adjustments to its cryptoasset regime, scaling back certain requirements that had drawn significant industry pushback, reports the Financial Times. The changes aim to balance investor protection with fostering innovation in the digital asset sector. Details of the modifications include relaxed thresholds and streamlined reporting obligations for certain crypto activities. The regulator cited extensive consultation with market participants as informing the final approach. Industry observers view the move as a pragmatic step to avoid…
The $NFT market recorded $95.48 million in sales over the past seven days, rising 170% as a single $55.03 million transaction involving the hybrid $NFT project Pandora accounted for most of the increase. According to a CryptoSlam seven-day dashboard captured on Aug. 22, $NFT sales increased to $95.48 million from approximately $35.29 million during the preceding period. The number of buyer addresses climbed 49% to 172,739, while seller addresses increased 50% to 159,275. Total transactions grew by a smaller 7.5% to 962,992, showing that the sharp increase in dollar volume was not matched by an equivalent rise in the number…
The SEC’s proposed “Regulation Crypto Assets” framework has been published in the Federal Register, starting a 60-day public comment period for one of the most closely watched crypto rulemaking efforts in the United States. The proposal, listed as File No. S7-2026-27, was published on August 21. Comments are due by October 20. The framework would create possible exemptions for covered digital asset investment contracts, including a one-time startup exemption of up to $5 million and a 12-month fundraising exemption of up to $75 million. That could be significant if the proposal survives the rulemaking process. But it is not final.…
By July 18, 2028, a stablecoin could still move freely across blockchains and yet disappear from the buy menu on an American exchange. Under the Treasury Department’s proposed GENIUS Act rules, a digital asset service provider wouldn’t be able to offer or sell a payment stablecoin to someone in the United States from that date unless its issuer fits one of the law’s permitted categories.The proposal doesn’t ban an offshore token from circulating abroad or moving between private wallets; it just controls how regulated businesses distribute that token inside the US. For Tether’s USDT, the biggest issue is therefore whether…
The Chairman of the Commodity Futures Trading Commission (CFTC), Michael Selig, is calling on the Senate to pass the Clarity Act without delay. In a new interview on Fox Business, Selig emphasizes the need for a federal framework and statutory guardrails while noting the bill remains within reach despite disputes. “We have to get this done. It’s absolutely critical that we have federal standards for crypto assets. And right now we’ve dealt with a patchwork of state laws and regulations, and it’s really been bad for business here in the United States. We want to get this done so that…
A US appeals court has allowed a proposed Binance-related theft lawsuit to proceed in federal court, rejecting a lower-court order that had forced the plaintiffs into arbitration. The Eleventh Circuit issued an extraordinary writ of mandamus on August 19, directing the lower court to vacate its arbitration order. The panel found that the eight alleged crypto theft victims had never opened Binance accounts and therefore were not bound by Binance’s Terms of Use. That is an important procedural ruling. It does not mean Binance has been found liable. It does not prove RICO or anti-money-laundering allegations. It only determines that…
Bitwise CIO Matt Hougan doesn’t think Washington’s crypto-friendly turn is the moment that completely unlocks Wall Street.In an interview with CryptoSlate, he described the real barrier as something far less dramatic than a single landmark bill. The “brutal real answer” is that it comes down to a million small steps, and some of them are deeply unsexy.The SEC unveiled its Regulation Crypto Assets proposal on Aug. 18, describing a fit-for-purpose framework for certain crypto investment contracts with exemptions reaching up to $75 million over 12 months.A day later, President Donald Trump used a White House crypto event to push the…
Stellar has emerged as the leading public blockchain network for tokenizing non-US government debt, currently hosting approximately $490 million in such assets, according to the latest on-chain data. Since February, the Stellar network has outpaced competitors in this sector, signaling a significant shift for real-world asset (RWA) tokenization beyond the traditional US government debt and US dollar stablecoins. Surge in tokenized global debt Institutional custodians and fund management platforms have increasingly used Stellar to issue and store debt securities denominated in euros, pounds, and a range of other local currencies. This trend underscores a growing global move toward blockchain-based finance,…
Law enforcement agencies worldwide have arrested thousands and frozen hundreds of millions in assets tied to bank-related fraud schemes. The International Criminal Police Organization (INTERPOL) says it spearheaded Operation First Light 2026, an effort spanning 97 countries and territories and targeting social engineering scams and associated money laundering from January 15th to April 30th, 2026. INTERPOL says the operation led to 5,811 arrests, the interception of $293 million in illicit assets and the analysis of 152,808 cases with 23,715 solved. Investigators say they blocked 31,014 bank accounts tied to suspected fraud and issued 99 INTERPOL Notices and Diffusions. “Over 142,000…
