Author: John Smith
The SEC has proposed a 60-day rulemaking process to modernize transfer-agent systems for blockchain records as offshore demand for tokenized stocks grows. Summary SEC rules would permit transfer agents to use blockchain-based systems for securities records. The proposal does not make tokens legal shares or grant holders shareholder rights. Bitget recorded $1.16 billion in tokenized-stock volume from June 2 to July 19. Shared ownership records remain necessary for US and offshore products to become interchangeable. Bitget Research Chief Analyst Ryan Lee told crypto.news that the SEC’s proposal addresses a part of tokenized stock markets that has received less attention than…
Bitcoin Suisse has announced plans to cut up to 60 of its 120 positions in Switzerland and close its Copenhagen development site as part of an international reorganization. Summary Up to 60 of Bitcoin Suisse’s 120 Switzerland-based positions could be eliminated. A staff consultation will run until Sep. 20 before the final reductions are decided. Software development and back-office work will be concentrated in international operating hubs. The Copenhagen IT site will close as the company plans another hub in Vietnam. Bitcoin Suisse puts up to 60 Swiss jobs at risk Reuters reported on Sep. 11 that Bitcoin Suisse had…
Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to each outside relationship while replacing existing guidance. Summary Four federal regulators have opened the proposed guidelines to public comment. The nonbinding framework would replace third-party risk guidance issued in 2023 and 2024. Community banks with less than $30 billion in assets would receive a separate practical guide. Federal Reserve Governor Michael Barr dissented, warning of supervisory gaps and added financial risk. Proposed bank guidelines favor risk-based oversight The Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office…
Robinhood has reported a 61% monthly rise in notional crypto trading volume to $17.5 billion in August, led by activity on its Bitstamp exchange. Summary Crypto trading volume rose from $10.9 billion in July to $17.5 billion in August. Bitstamp processed $10.1 billion, exceeding the $7.4 billion handled through Robinhood’s app. Event contract activity reached 4.7 billion trades, about 15 times its August 2025 level. Total platform assets increased 26% from a year earlier to $384 billion. Robinhood’s August operating data, released Thursday, showed that crypto activity recovered from a quiet July but remained below the level recorded a year…
White House economic adviser Kevin Hassett has disclosed owning between $1 million and $5 million in Coinbase shares while the Trump administration advanced policies affecting the U.S. crypto industry. Summary Hassett reported between $1 million and $5 million in Coinbase stock at the end of 2025. The disclosure does not confirm whether he still owns the shares. Hassett advised Coinbase until January 2025, when he entered the White House. A former SEC ethics lawyer said the investment presented a serious conflict of interest. Coinbase shares remained in Hassett’s disclosed portfolio CNBC, citing Hassett’s latest annual financial disclosure, reported that the…
Katana CEO Matt Fisher has said a dollar stablecoin planned by 21 financial institutions for the first half of 2027 could generate yield through independent DeFi protocols, although holders would assume risks not covered by its issuing banks. Summary Twenty-one financial institutions plan to introduce a U.S. dollar stablecoin in the first half of 2027. The GENIUS Act prohibits permitted payment stablecoin issuers from paying interest or yield to holders. Fisher said independent protocols could earn returns by lending stablecoins to identifiable borrowers. Smart-contract, liquidity, oracle, and custody failures would generally leave depositors carrying any losses. Katana CEO Matt Fisher…
Bitcoin has rebounded above $78,000 after U.S. consumer inflation met forecasts in August, although prediction-market traders have raised the chance of a Federal Reserve rate hike to 81%. Summary U.S. consumer prices rose 3.4% annually and 0.4% from July to August. Bitcoin recovered above $78,000 after falling below the $77,000 psychological level. Core monthly inflation exceeded forecasts, even as its annual rate slowed to 2.4%. Polymarket traders placed an 81% chance on a quarter-point Fed hike next week. US CPI has held at 3.4% in August The U.S. Bureau of Labor Statistics reported Friday that the Consumer Price Index rose…
Ethereum price traded near $2,457 on Sep. 11 after recovering from a drop toward $2,400, but resistance around $2,500 continued to limit its advance. Summary Ethereum price recovered from $2,400 but remained below the $2,500 resistance level. Daily Bollinger Bands placed immediate support near $2,399 and resistance at $2,530. The 4-hour Supertrend remained bullish, with dynamic support at $2,423. Liquidation clusters near $2,490 and $2,530 could shape the next short-term move. Ethereum price action today Ethereum (ETH) was trading at $2,457 at the time of writing, below the psychological $2,500 level after failing to hold an intraday recovery. The daily…
Summary World opened its standalone platform at world.xyz on September 9 to more than one million waitlisted users, after operating inside the Phantom wallet since the summer. More than 150,000 markets have been created across sports, crypto, politics, finance, economics, and culture, with the initial lineup covering every NFL regular-season game, seven soccer leagues, Formula 1, the 2026 midterms, and Federal Reserve policy decisions. Resolution runs through Chainlink Data Streams and the Chainlink Runtime Environment, with no human resolution panel, no token-holder vote, and no dispute window delaying payouts. The protocol is non-custodial, holds no customer funds, routes orders to…
In September 2026, Bitcoin (BTC) is fluctuating near the $78,000 mark. Recent market data shows BTC trading at approximately $77,300, with the market keeping a close watch on the Federal Reserve’s upcoming interest rate decision and its potential impact on the cryptocurrency sector. Since the start of September, Bitcoin has experienced a notable, rapid rebound—hitting a new high since May—before the rally slowed, causing the price to retreat and consolidate below the $80,000 level. The market is currently characterized by a tug-of-war between bulls and bears. On one hand, the recent rebound has revitalized market confidence; on the other, the…