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SEC’s Hester Peirce Pushes Zero-Knowledge Proofs for KYC
Outgoing SEC Commissioner Hester Peirce wants to replace outdated KYC systems with zero-knowledge proofs, arguing current data collection is costly and ineffective. Her proposal could reshape financial surveillance and user privacy in crypto.
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Blockchain Association CEO Steps Down: What’s Next for U.S. Crypto Policy
Blockchain Association CEO Summer Mersinger will step down on October 16, with founding leader Kristin Smith returning as interim CEO. The change comes during a critical period for U.S. crypto regulation, including stablecoin and market structure legislation.
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XRP ETFs See $22M Inflows: Institutional Buying Surge
Bitwise and Franklin Templeton XRP spot ETFs recorded over $22 million in net inflows on September 25, signaling strong institutional confidence even as XRP’s price dropped sharply. This trend highlights growing mainstream adoption of crypto ETFs.
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SEC Crypto Rules: What Tokens, Staking, and Buybacks Mean for You
The SEC has released new guidance clarifying how crypto tokens, liquid staking, and buyback programs are treated under securities law. The key takeaway: whether a transaction is regulated depends as much on what issuers promise as on what the asset is.
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KelpDAO Sues LayerZero Over $292M rsETH Exploit
KelpDAO has filed a lawsuit against LayerZero and co-founder Bryan Pellegrino, alleging they endorsed the bridge setup that led to a $292 million rsETH exploit on April 18. The case could set a major legal precedent for DeFi accountability.
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Bitwise NEAR ETF Approved: What It Means for Crypto Staking
Bitwise’s NEAR ETF has cleared both NYSE Arca and SEC requirements, paving the way for an imminent launch. This milestone could boost interest in staking-focused crypto funds and reshape altcoin investment access for institutions and retail investors alike.
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US Seizes $84M from Tether’s Banking Intermediary
US authorities seized $84 million from Capstone, a banking intermediary linked to Tether and Bitfinex, signaling increased regulatory pressure on stablecoin banking infrastructure. The move highlights ongoing compliance challenges in the crypto industry.
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15 Major Institutions Talk to Bitwise: More Crypto Buyers Coming
Bitwise revealed it has been in direct talks with 15 major institutions about crypto. Existing holders stayed put through a 50% market drop, while several new buyers are advancing their due diligence — signaling growing institutional conviction.