South Africa’s central bank flags crypto, stablecoins as financial risk
The bank cited increasing trading volume and the number of users at large exchanges, as well as gaps in South Africa’s regulatory framework on crypto. The South African Reserve Bank issued its second financial stability report for 2025, identifying digital assets and stablecoins as a new risk amid the expanding number of users in the
Prospective CFTC chair addresses DeFi regulation at nomination hearing
Michael Selig, who serves as chief counsel for the crypto task force at the US Securities and Exchange Commission, faced questions from lawmakers on the Senate Agriculture Committee for his nomination to be the next chair of the Commodity Futures Trading Commission. On Wednesday, Selig appeared before the committee and addressed questions and concerns from
Regulator clarifies US banks can handle gas fees using crypto holdings
The OCC said authorized national banks could hold crypto under specific circumstances, citing examples under the recently passed GENIUS act. The US Office of the Comptroller of the Currency (OCC) issued guidance to banks confirming their authority to hold specific cryptocurrencies for the purpose of paying network gas fees. In a Tuesday notice, the OCC
DappRadar’s token price plummets after platform announces shutdown
The platform’s founders reached out through social media and email to say DappRadar would soon stop tracking blockchains and DApps. DappRadar, the analytics platform that provides data on the decentralized application (DApp) industry, said it is ceasing operations seven years after it launched. In a Monday X post, DappRadar founders Skirmantas Januškas and Dragos Dunica
Strategy steps up Bitcoin buys with 8,178 BTC purchase
After weeks of reporting Bitcoin purchases hovering around 400 to 500 BTC, Michael Saylor’s company announced a massive crypto investment on Monday. The company behind the largest Bitcoin treasury announced it had returned to buying large amounts of the cryptocurrency following a $835 million purchase. In a Monday filing with the US Securities and Exchange
Coinbase exec criticizes banks’ pushback to crypto charter application
The US-based cryptocurrency exchange applied for a national trust charter in October as part of its plans to “bridge the gap“ with traditional finance. The Independent Community Bankers of America (ICBA) is opposing cryptocurrency exchange Coinbase’s application for a National Trust Company Charter in the US — a move that could threaten banks’ interests as
Coin Center files brief in Ethereum MEV trial, disputes ‘honest validation’ theory
The advocacy organization filed a brief opposing prosecutors’ arguments that two brothers presented themselves as “honest validators” to allegedly pull off a $25-million exploit. Cryptocurrency advocacy organization Coin Center weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots. In a Monday amicus
Ripple launches crypto spot prime brokerage services
As Ripple’s Swell conference kicked off in New York this week, the company announced an expansion of OTC services following its October acquisition of a prime broker. Blockchain payments company Ripple expanded its services to include digital asset spot prime brokerage for US markets, about seven months after announcing plans to acquire Hidden Road. In
Pro-crypto org backs Andrew Cuomo for NYC mayor as election approaches
With less than a week until New Yorkers choose their next mayor, a political organization promoting digital assets has endorsed and spent funds supporting Andrew Cuomo. Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew
French gov’t set to review motion to ‘embrace Bitcoin and cryptocurrencies’
Éric Ciotti of the Union of the Right for the Republic led the charge in a motion for a resolution to ban CBDCs and promote stablecoins in France. Lawmakers in France are set to review a proposal that could have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC). In