Coinbase Pursues US National Trust Charter, Stresses It Won’t Become a Bank

Coinbase, one of the leading exchanges in crypto news, has filed an application with the US Office of the Comptroller of the Currency (OCC) for a National Trust Company Charter. This move signals Coinbase’s intent to expand its blockchain technology offerings, bridge crypto with traditional finance, and operate under stricter federal oversight without converting itself…

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UK to Reverse Crypto ETN Ban: Companies and Investors Prepare for New Retail Opportunities

The UK’s Financial Conduct Authority (FCA) will officially lift its 2019 ban on crypto exchange-traded notes (ETNs) for retail investors on October 8, opening the door for a broader range of digital asset investment products. While exchange-traded funds (ETFs) tied to cryptocurrencies remain off-limits to the UK public for now, the policy change is viewed…

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Centralized Crypto Exchanges to Transform into DeFi Frontends Within 5–10 Years: 1inch Co-Founder

According to Sergej Kunz, co-founder of 1inch, centralized cryptocurrency exchanges (CEXs) are poised to undergo a significant evolution over the next five to ten years. Rather than continuing as isolated trading platforms, these exchanges will transform into frontends for decentralized finance (DeFi), serving primarily as user interfaces while relying on decentralized exchanges (DEXs) for liquidity…

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US Senate Finance Committee to Hold Landmark Hearing on Crypto Tax Policy Next Week

The US Senate Finance Committee is scheduled to hold a critical hearing on digital asset taxation next Wednesday, signaling renewed momentum for crypto policy reform. The session featuring Coinbase’s Vice President of Tax, Lawrence Zlatkin, and Coin Center’s Policy Director, Jason Somensatto underscores legislative efforts to clarify how cryptocurrencies like Bitcoin and stablecoins are taxed,…

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US Senators Push for Probe Into ‘Foreign Crypto Deals’ Amid Ongoing Market Structure Stalemate

Two senior Democratic senators are pressing for a federal investigation into potential conflicts of interest tied to major foreign crypto transactions, warning the issue is critical as Congress debates the landmark digital asset market structure bill. The probe, led by Senators Elizabeth Warren and Elissa Slotkin, centers on allegations that White House officials may have…

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SEC-CFTC “Harmonization” Roundtable: Kraken and Crypto.com Execs Set to Tackle Unified Crypto Regulation

Cryptocurrency industry leaders from Kraken, Crypto.com, Kalshi, and Polymarket will join senior US financial regulators at a pivotal “regulatory harmonization” roundtable this Monday. Hosted by the SEC and CFTC, the event marks a major step toward resolving overlapping crypto oversight and promoting a unified regulatory approach for digital assets a move cheered by industry players…

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South Korea Flags Record 36,684 Suspicious Crypto Transactions in 2025

South Korea has reported a record-breaking surge in suspicious cryptocurrency transactions in 2025, flagging 36,684 cases between January and August alone more than the combined totals from 2023 and 2024. This unprecedented growth underscores mounting concerns over crypto-fueled money laundering, cross-border remittance schemes, and the use of stablecoins in complex financial crimes. Suspicious Transaction Reports…

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Kalshi ‘Ready to Defend’ Prediction Markets in Massachusetts Lawsuit Over Unlicensed Sports Betting

Prediction market pioneer Kalshi has made it clear: the company is prepared to defend its innovative platform amid a new lawsuit from Massachusetts regulators, who allege that Kalshi’s sports contracts constitute illegal, unlicensed betting for residents of the state. Promising to fight outdated legal frameworks, Kalshi argues that prediction markets are a critical 21st-century financial…

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Itaú Asset Management Launches Dedicated Crypto Division to Target Digital Alpha in Brazil

Brazil’s largest private asset manager, Itaú Asset Management, has announced the creation of a specialized crypto division, signaling a strategic expansion into digital asset management amid Brazil’s surging crypto adoption. The new crypto-focused unit will operate within Itaú’s mutual funds arm, enhancing its offerings for clients seeking alpha and diversified returns in the dynamic digital…

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Crypto Address Poisoning Scams Surge, Victims Lose $1.6 Million in a Single Week

Crypto address poisoning scams are on the rise, with more than $1.6 million stolen from unsuspecting users in just the past week exceeding the total reported lost in all of March 2025. This increasingly common form of blockchain-based fraud relies on contaminating a user’s wallet transaction history, causing costly copy-paste errors that result in major…

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