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ecb chief lagarde kept binance out of europe report says By one account, the biggest crypto exchange on the planet came close to running legally within the European Union. Then the head of the European Central Bank intervened, and the door closed.

ECB Chief Lagarde Kept Binance Out of Europe, Report Says

congress stalls so the cftc routes its crypto rulebook through the white house Just 48 hours after the Senate failed to pass the Clarity Act, the Commodities and Futures Trading Commission delivered a crypto rulemaking proposal to the White House Office of Management and Budget. What's inside it is anyone's guess. That isn't a figure of speech — the CFTC released no details whatsoever.

Congress stalls, so the CFTC routes its crypto rulebook through the White House

treasury tehran crypto exchange handled part of irans 2 million hormuz passage fees Tankers crossing the Strait of Hormuz have paid Iran somewhere between $1 million and $2 million apiece this year. According to the U.S. Treasury, a slice of those payments has moved through a Tehran-based cryptocurrency exchange since June.

Treasury: Tehran crypto exchange handled part of Iran’s $2 million Hormuz passage fees

one us forfeiture case ties tether binance and a 1 5 billion iranian oil pipeline together The number prosecutors are asking for is $61 million. The number they describe in the same document is north of $1.5 billion. That spread — roughly 4 cents on the dollar — is the sharpest available snapshot of what on-chain enforcement currently reaches, and what it doesn't.

One US forfeiture case ties Tether, Binance and a $1.5 billion Iranian oil pipeline together

coinbase wires community banks into stablecoins and owns the rails underneath A small-town business reaching a stablecoin rail now has three parties standing in the path. The customer relationship belongs to the bank or credit union. The payments-platform link comes from Moov. Custody and movement components come from Coinbase, per its announcement. To the customer, it all looks like a single bank-branded product.

Coinbase Wires Community Banks Into Stablecoins — And Owns the Rails Underneath

tether bets on private credit with fasanara as 3 trillion market shows record defaults Tether has stepped into private credit just as the incumbents in that market are nursing a rough quarter.

Tether Bets on Private Credit With Fasanara as $3 Trillion Market Shows Record Defaults

won backed stablecoins could shave up to 3 8 billion a year off south korean merchant fees parliaments budget office estimates The figure worth pausing on in the National Assembly Budget Office's analysis of South Korea isn't the top-line savings number at all. It's how wide the range is.

Won-backed stablecoins could shave up to $3.8 billion a year off South Korean merchant fees, parliament’s budget office estimates

won stablecoins could trim up to 3 8 billion from korean merchants payment bills but the floor is far lower Won-denominated stablecoins could shave somewhere between 370 billion won ($275 million) and 5.15 trillion won off what South Korean merchants pay in annual payment fees each year, according to the National Assembly Budget Office. That is the conclusion. The real story sits in the distance between those two figures.

Won stablecoins could trim up to $3.8 billion from Korean merchants’ payment bills — but the floor is far lower

arbitrum daos h1 income hit 6 19m and its top revenue source landed one day too late In Brief:

Arbitrum DAO’s H1 Income Hit $6.19M — And Its Top Revenue Source Landed One Day Too Late

21 banks including citi and goldman line up a stablecoin and circle shares are already sinking A group of 21 banks and asset managers has revealed plans to stand up a company that will issue stablecoins. Circle's shares have slid roughly 6% on the day, lagging behind most crypto-linked equities. Those two sentences are the entire story — and it marks the second occasion this year that traders have marked Circle down over a competitor that has yet to exist.

21 Banks Including Citi and Goldman Line Up a Stablecoin — and Circle Shares Are Already Sinking