Hyperliquid and Phantom filed a joint comment urging the CFTC to clarify that DeFi software and non-custodial wallets are not exchanges. The regulator will review responses before deciding on guidance or rulemaking.
SWIFT has moved its blockchain-based shared ledger into live deployment with 17 banks preparing tokenized deposit pilots. Final settlement still runs through traditional correspondent banking rails.
Senator Ron Wyden is pushing to keep Section 604 in the Digital Asset Market Clarity Act. The provision clarifies that non-custodial software developers are not money transmitters solely for publishing code.
A federal judge approved Elon Musk’s $1.5 million settlement with the SEC over delayed disclosure of his Twitter stake. The case is now formally closed.
Binance rejects claims that it will scale back cooperation with US authorities after a reported DOJ memo. The exchange cites a possible misreading of its ADGM licensing obligations.
A reported DOJ memo warns prosecutors of possible reduced Binance cooperation in crypto cases. Binance denies any change to its law enforcement policies.
DDSC has received Central Bank approval to partner with selected VARA-regulated exchanges in the UAE. The dirham-backed stablecoin has already processed over AED 150 million in transactions.
WEMIX has been listed on Kraken with a USD trading pair. The move expands the gaming-focused Layer-1 token’s reach into Western markets.
TAC plunged from around $0.06 to nearly $0.004 within minutes on July 7. No confirmed security breach has been reported.
Bitcoin Suisse subsidiary BTCS ME has received Financial Services Permission from ADGM’s FSRA, allowing it to provide regulated digital asset services to institutional clients in the UAE.