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Tag: News

Maxine Waters Demands Answers from Fed on Kraken Master Account

Maxine Waters Demands Answers from Fed on Kraken Master Account Approval

Congresswoman Maxine Waters sent a letter on March 26, 2026, to Federal Reserve Bank of Kansas City President Jeff Schmid inquiring about Kraken Financial’s master account approval. The letter seeks details on the account’s access to Fed services, risk controls, and whether enhanced oversight was applied beyond Wyoming SPDI requirements. The approval, granted March 4 for an initial one-year term, marks the first such access for a...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Anthropic Leak of ‘Claude Mythos’ AI Model Triggers Cybersecurity Stock Sell-Off

Anthropic accidentally exposed internal documents revealing Claude Mythos, a new AI model described as a “step change” in performance over its predecessor, Opus 4.6. The leaked files warn that the model poses “unprecedented cybersecurity risks” due to its advanced ability to identify and exploit software vulnerabilities at scale. The news triggered a significant market reaction, with cybersecurity stocks like...

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Ondo Finance Partners With Franklin Templeton to Tokenize $1.7 Trillion Asset Manager’s ETFs

Ondo Finance announced a strategic partnership with Franklin Templeton, one of the world’s largest asset managers with over $1.7 trillion in assets under management, to bring a suite of five ETFs to blockchain infrastructure. Under the agreement, Franklin Templeton will continue to manage the underlying funds, while Ondo provides the tokenization infrastructure and digital distribution layer through its Ondo Global Markets platform. The five...

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Binance Enables Direct USD Bank Transfers in Venezuela via BPay Global

Binance has integrated BPay Global to allow Venezuelan users to deposit and withdraw U.S. dollars directly between the exchange and local bank accounts. The service supports SWIFT transfers, credit/debit cards, and mobile payments like Apple Pay, offering a regulated alternative to the traditional P2P market. The rollout follows a broader regional expansion in Latin America, aiming to provide stablecoin liquidity and value preservation in a...

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David Sacks Steps Down as White House Crypto Czar After 130-Day

David Sacks Steps Down as White House Crypto Czar After 130-Day Limit

Departure details: Sacks concluded his tenure on March 26, 2026, after serving the maximum 130 days as a special government employee. New position: Co-chair of the President’s Council of Advisors on Science and Technology (PCAST), expanding his advisory scope to broader technology issues including AI. Legislation status: Market-structure bill (Clarity Act) and stablecoin regulation still pending; Senate Banking Committee markup now...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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