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View More NewsEthics has been the last major obstacle to the Clarity Act, which would create the first comprehensive federal framework for digital assets and split oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The dispute has centered on the extent to which political figures and other officials can profit from crypto while in office, a question sharpened by Trump’s memecoins and his family’s stake in World Liberty Financial, which financial disclosures last month showed earned him millions.The provision was discussed at a July 16 meeting between Trump, Republican Senators Bernie Moreno and Cynthia Lummis,…
In brief Augustus raised $180 million at a $1 billion valuation, led by Tiger Global with backing from the founders of Nubank, Ramp, Circle, and Deel, plus figures like Balaji Srinivasan. Rather than issue its own stablecoin, the firm is building a chartered “Global Dollar Bank” that moves money across both traditional rails. The deal underscores how dollar-pegged stablecoins are becoming mainstream financial infrastructure, backed by Augustus’ conditional OCC national bank charter and framed partly as a counter to China’s digital yuan and Russia’s proposed BRICS Pay. Augustus, a startup building a federally chartered clearing bank designed around stablecoins and…
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I apologize for the light blogging of late. Well, light for me at least. Randy and I just submitted the final chapter of the Fifth Edition of our casebook to the publisher. It took us nearly two weeks to figure…
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A review of Israel: What Went Wrong? by Omer Bartov; 243 pages; Farrar, Straus and Giroux (April 2026)Omer Bartov, a prominent historian at Brown University, was born to a solidly left-wing Zionist family in Kibbutz ‘Ein Hahoresh, south of Haifa, in 1954. (By chance, I was also born in ‘Ein Hahoresh, six years earlier; also by chance, both of us did our IDF service in the Nahal (Infantry) Corps and both at some point were wounded. And both of us did our PhDs in Oxbridge in European history). Omer’s father, Hanoch Bartov, was born in Palestine in 1926 to Polish Jewish…
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The UCITS ETF, CoinShares’ first in Europe, began trading on Deutsche Börse Xetra, tracking a rules-based index of publicly listed BTC miners. Read the…
In brief Pakistan’s Federal Investigation Agency has set up a dedicated cryptocurrency investigation unit to tackle money laundering and terrorism financing carried out through…
In attempting to modernize and better meet its customers’ needs, MoneyGram has partnered with the Stellar network, which has underpinned many of the company’s blockchain…
A decentralized exchange (DEX) backed by Robinhood is expanding into tokenized stocks and derivatives as platforms compete to build onchain markets for traditional assets.Arcus,…
Crypto exchange Gemini has partnered with Elon Musk’s SpaceXAI to launch an artificial intelligence-powered feature for its prediction markets platform that will allow users…
In brief A new CryptoQuant report shows that larger Bitcoin holders are shedding Bitcoin or adding more slowly than usual. The trend “mirrors” that…
Stone Age regulations. The post Caveman Bureaucrat appeared first on Reason.com. Read the full article here
The decentralized finance (DeFi) sector has been hit by recent criticism and negative commentary following a $20 billion drop in total value locked (TVL)…
Recent moves by the Iranian government to Bitcoin for oil tolls as gold overtakes US dollar assets in global central bank reserves signals a…
In brief Anthropic released Claude Opus 4.8 on Thursday, just six weeks after Opus 4.7. The update comes with gains across software engineering, reasoning,…
Qualified immunity is a judge-made doctrine that routinely shields bad cops from facing civil lawsuits over their abusive and unconstitutional behavior. All too often,…
Europe may struggle to contain a financial shock tied to crypto firms and banks because its crisis tools are more limited than those used…
