Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed charges against GPD Holdings LLC,
Key Takeaways Revolut won conditional OCC approval for a U.S. bank charter in six months. A charter could cut reliance on partner banks and intensify U.S. fintech and crypto competition. Revolut targets H1 2027 launch, pending FDIC, Fed, and final OCC approvals. Revolut Eyes US Stablecoins After Clearing Key OCC Hurdle Revolut has moved a
Key Takeaways Coinbase Derivatives filed Form 1-N and Coinbase Financial Markets filed Form BD-N with the SEC on Sept. 1. The firm’s shares jumped 10% to $192.70 on the news, but CFTC product approval is still needed before launch. Coinbase has offered 10x perps on Apple, Nvidia and Tesla to non-U.S. users since March 20,
Key Takeaways The National Sheriffs’ Association changed its position to neutral. Earlier objections focused on DeFi and anti-money laundering rules. The Senate is scheduled to hold a procedural vote on Sept. 15. Sheriffs’ Association Moves From Opposition to Neutral The National Sheriffs’ Association (NSA) changed its position on the CLARITY Act to neutral in a
Key Takeaways U.S. bitcoin ETFs drew $730.87M, as BTC topped $80K, led by Blackrock’s IBIT. Ether, XRP, and solana ETFs also gained, lifting crypto ETF momentum and bitcoin assets above $103B. Friday’s August jobs report could shape Fed rate expectations and the next move for bitcoin. Bitcoin ETFs Log Third-Biggest 2026 Inflow A surge in
Key Takeaways Bitcoin’s price fell from $82,281 on Sept. 4, putting $78,531 support in focus. Bitcoin has 14 moving-average bullish readings despite 2 oscillator bearish signals. Bitcoin’s price faces $81,430 resistance, while a break below $76,800 raises risk. Bitcoin’s 1-Hour Reversal Puts $78,500 Support on Watch The 1-hour chart shows how quickly bitcoin’s price conditions
Key Takeaways Trezor added 67,000 U.S. customers to its Shipmonk breach on Sept. 4. Trezor’s leak now covers roughly 80,000 people, including home addresses. Trezor targets U.S. Anonymous Delivery by the end of 2026. The newly identified records cover U.S. orders placed between November 2019 and August 2021 and expand an incident that had already
Key Takeaways Brazil’s July crypto purchases plunged 80% to $572M as exchanges adapted to stricter regulations. New central bank AML and governance rules slashed foreign exchange flows by almost 60% year-over-year. Despite the monthly slump, 2026 crypto volume hit $15.25B, more than doubling last year’s total. Brazil’s Crypto Investments Recoil 80% as Regulatory Scrutiny Intensifies
Key Takeaways Banco do Brasil invested $5M in a Citi digital note via Euroclear, accelerating cross-border transactions. This Latam-first blockchain move bypasses traditional steps, setting a foundation for new trading models. By embracing this decentralized system, the bank could spur wider institutional adoption of digital notes. Banco do Brasil Pioneers Institutional Investment in Blockchain-Based Note
Key Takeaways Bill Gates warned Aug. 27 that rapid AI deployment could threaten jobs, security and society. Gates wants an IAEA-style watchdog as AI raises concerns over bioterrorism and worker displacement. Gates backs a compute “token tax” and human-reserved jobs as AI capabilities accelerate in 2026. Silicon Valley is shipping AI faster than lawmakers can