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Tether Frozen $84.2M at EQIBank: What It Means for USDT
Tether has confirmed that $84.2 million of its funds were seized by US authorities at EQIBank. Despite the headline number, the company says the exposure represents less than 0.034% of its total assets, leaving USDT’s peg fully intact.
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Hester Peirce SEC Departure: What It Means for Crypto Regulation
Hester Peirce, often called ‘Crypto Mom,’ is set to leave the SEC — a major shift for U.S. digital asset policy. Discover what her departure means for Bitcoin, DeFi, and crypto investors, plus practical steps to protect your portfolio during regulatory transitions.
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New York Sues Polymarket: What the Lawsuit Means for Prediction Markets
New York Attorney General Letitia James has sued Polymarket, alleging the prediction platform operates as illegal, unlicensed gambling. The lawsuit seeks to shut down its operations and recover funds, raising major questions about the future of crypto-based prediction markets.
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Tether and Bitfinex Named in US Case Against Capstone
US prosecutors have identified Tether and Bitfinex as the unnamed crypto firms in a federal forfeiture case against payments group Capstone, with $84.2 million frozen in California. The case underscores growing regulatory scrutiny of stablecoins and the payment infrastructure behind the crypto industry.
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SEC Crypto FAQ: What It Means for Token Buybacks
The SEC’s new crypto FAQ clarifies that promoting a network’s utility generally doesn’t create an expectation of profit — but profit promises remain a red flag. Here’s what token buybacks and network upgrades mean under the new guidance.
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Polymarket vs New York: The Battle Over Prediction Markets
New York is suing Polymarket for allegedly running illegal sports betting, but the platform is fighting back using its CFTC federal license. This lawsuit could redefine how crypto prediction markets operate across the United States.
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Morgan Stanley Withdraws 1,100 BTC From Coinbase Prime
Morgan Stanley has withdrawn 1,100 BTC from Coinbase Prime via its spot ETF, bringing total holdings to 9,218 BTC valued at over $775 million, signaling growing institutional confidence in Bitcoin.
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Fed Proposes Full Reserve & Capital Rules for US Stablecoin Issuers
The Federal Reserve has proposed two new rulemaking packages requiring US stablecoin issuers to fully back tokens with permitted reserves and meet strict capital requirements under the GENIUS Act. The proposals are now open for a 60-day public comment period before becoming final.