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Over 95% of Coinbase’s Code is Written with AI: Rob Witoff
Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to cut…
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Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon
The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while…
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U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The U.S. Commodity Futures Trading Commission threw itself in between Michigan courts and prediction market firm Kalshi on Tuesday, issuing an order to disallow the…
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Velocity Lands $38M to Build Enterprise Stablecoin Payment Infrastructure
Stablecoin treasury platform Velocity has raised $38 million in a Series A funding round to expand infrastructure that helps enterprises and financial institutions use stablecoins…
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US, UK Treasuries to Align Transatlantic Rules on Tokenization and Stablecoins
The US Department of the Treasury and HM Treasury released a set of recommendations as part of the Transatlantic Taskforce for the Markets of the…
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Some U.S. Senate Democrats come out against Clarity Act, calling it a ‘corrupt’ bill
The Clarity Act will need to be sold to a large number of Democrats in the coming days, if it’s going to advance from the…
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Binance bets on becoming a crypto ‘super app’ as stablecoins reshape growth
Binance believes its next phase of growth will come from payments and financial services rather than cryptocurrency trading alone, as stablecoins reshape how people use…
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The Clarity Act isn’t a ticket to sanctions evasion, actually
Ironically, some critics of the bill have pointed to recent reporting by the Wall Street Journal on the Hong Kong exchange CoinEx as evidence of…
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UK Government Defers Capital Gains on Certain Crypto with ‘No Gain, No Loss’ Approach
The UK’s tax authority announced that it planned to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively defer…
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JCB Signs Circle MOU to Explore USDC Payments in Japan
Japan’s largest domestic payment network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions. Under…
