News

Texas Bitcoin reserve plans shift from ETF to direct BTC custody

Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.

‘Extraordinarily unusual’ for CFTC to reverse Gemini settlement deal: Ex-chair

As the CFTC and Gemini work together to seek a court's reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”

CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading

The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.

‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate

Sui network temporarily stalls again after Thursday's outage

The outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime.