Decrypt

Fed Issues Cease and Desist Order to United Texas Bank Over Crypto-Related Concerns

The U.S. Federal Reserve’s order cited deficiencies in the bank's risk management systems in its dealings with crypto clients.Source link

Robinhood Settles with California for $3.9 Million Over Crypto Withdrawal Violations

The department's action against Robinhood marks the first such public instance by the regulator against a crypto firm, it said Wednesday.Source link

Circle VP Warns US Risks Falling Behind in Stablecoin Regulation Amid Political Stalemate

"What's important is for the U.S. to upgrade and have a structure to define what a well-regulated stablecoin looks like," Circle's VP said.Source link

Core Blockchain Launches LstBTC for Bitcoin Liquid Staking

The Core blockchain further expands its offerings with a new liquid staking token.Source link

Australia Introduces Non-Legally Binding AI Framework to Help Shape Future Policy

While not legally binding, Australia's standards are modeled on international frameworks and are expected to guide future policy. Source link