US
Citadel Securities Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage
A Citadel Securities letter to the SEC argues that some DeFi systems resemble traditional exchanges and should face comparable oversight.
U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets
Fintech and crypto groups are urging the Consumer Financial Protection Bureau to stop banks charging for consumer data access, saying the move would undermine open banking and disconnect crypto wallets and stablecoins from the U.S. financial system.
Kraken Acquires U.S.-Licensed Derivatives Platform From IG for $100M
Kraken bought Small Exchange for $32.5 million in cash and $67.5 million in stock, IG announced on Thursday
Fed Cuts Rate in 'Risk Management' Move as Bitcoin Eyes Possible Upside
The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty.
Metaplanet Sets Up U.S., Japan Subsidiaries, Buys Bitcoin.jp Domain Name
The company also plans to raise 204.1 billion yen ($1.4 billion) in an international share sale to increase its bitcoin holdings.
Coinbase Policy Chief Pushes Back on Bank Warnings That Stablecoins Threaten Deposits
Coinbase’s policy head said concerns of stablecoin deposit flight are myths, claiming banks are really defending profits from an outdated payments system.
U.S. CPI Rose a Faster-Than-Expected 0.4% in August; Core Rate in Line
The headline news is sending markets, bitcoin included, lower, but isn't likely to derail the Fed from trimming interest rates next week.
Market Storm Likely After September Fed Interest-Rate Cut, VIX Suggests
October VIX futures are trading at an extreme premium to September futures, pointing to post-Fed turbulence.
Federal Reserve Rate Cut Could Spark a Revival in Bitcoin’s Basis Trade
CME open interest and futures premiums have slumped this year. Looser monetary policy may change the picture.
Investment Platform Webull Brings Back Crypto Trading to U.S.
The service supports trading in over 50 tokens, including bitcoin, ether and solana.
