Institutional crypto trading platform LMAX Group is working with Morgan Stanley (MS) and investment bank KBW, part of Stifel (SF), to evaluate strategic options, according to three people familiar with the matter. The company is exploring a sale or public listing that could value the… Read More
This negotiation over the government conflict-of-interest piece had delayed progress on the Clarity Act for months — now potentially beyond the window in which it could most easily become law in 2026. This week’s release of the final working draft of Clarity included the first… Read More
Federal prosecutors filed five civil forfeiture complaints seeking more than $25 million in cryptocurrency that investigators say came from international romance and investment scams targeting people in the U.S. and Canada. The complaints, filed in U.S. District Court for the District of Columbia, stem from… Read More
OpenAI caught the anomaly internally, while Hugging Face’s team detected and contained it. It called the incident “unprecedented,” and said extensive security steps will be put in place to prevent untoward incidents that may impact public systems or services. “We are implementing strict controls in… Read More
A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. The Digital Chamber alleged that Illinois’ Digital Asset Tax Act violated both the U.S. and state constitutions and is preempted by a federal… Read More
A year on, the rules aren’t quite ready for implementation, but we have a much clearer idea as to how the regulators are thinking about stablecoins and where they’re likely to land on those rules. In an emailed statement, Crypto Council for Innovation CEO Ji… Read More
