Crypto Group Warns Regulators Against Expanding Stablecoin KYC
A crypto trade group says extending KYC requirements to peer-to-peer stablecoin wallet transfers would “cripple the industry,” as regulators implement the GENIUS Act.
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A crypto trade group says extending KYC requirements to peer-to-peer stablecoin wallet transfers would “cripple the industry,” as regulators implement the GENIUS Act.
LayerZero unveiled trading infrastructure for crypto and tokenized markets on its Zero blockchain. Citadel Securities is backing the network, while DTCC and ICE are exploring institutional applications. ZRO surged following the announcement, CoinDesk reported.
Bitcoin bulls continued to contest the $80,000 zone as gold pulled back from its highest levels since mid-May. The moves occurred alongside falling US bond yields, according to Cointelegraph.
Bitcoin moved above $81,000, its first rise past $80,000 since January. Bitcoin Magazine reported the milestone and raised the question of whether the debasement trade has returned.
Japheth Dillman was convicted of fraud after claiming Block Bits Capital’s “Autotrader” software was finished and running. Investors gave nearly $1 million based on those claims, Decrypt reported.
Bitwise is using Coinbase’s tokenized stocks to develop automated portfolios focused on AI, robotics and technology, as the crypto ETF issuer deepens its push into onchain asset management.
Decrypt reports that 40 malicious Firefox wallet extensions impersonated OKX, Rabby and TronLink to collect recovery phrases. The campaign poses a direct security risk to users holding crypto assets, including TRX.
Copper has potential buyers, but their offers are reportedly far below the $500 million asking price set by Cantor Fitzgerald. The crypto custody firm was previously valued at $2.5 billion.
A Hugging Face hack highlights the cybersecurity trade-off of using open-weight Chinese AI models to counter rogue agents. Cointelegraph says their lack of safety guardrails may also introduce risks.
Chainalysis’ Operation Lighthouse targeted child exploitation networks involving child sexual abuse materials, working with Binance, Coinbase and law enforcement to generate more than 14,000 investigative leads, CoinDesk reported.
Grayscale has launched a Zcash ETF, giving brokerage investors exposure to ZEC. The fund reflects the asset manager’s bet on demand for cryptocurrencies beyond Bitcoin and Ethereum after a critical privacy flaw affected Zcash.
A jury convicted Las Vegas man Brent Kovar in a $24 million crypto mining scheme. He allegedly told at least 400 investors that a supercomputer mined crypto for them and that their money was FDIC-insured.
Cypher Tank will return to Lugano for a second season after last year’s debut, continuing its focus on Bitcoin founders. Bitcoin Magazine reported the development on August 25, 2026, without providing participant or funding details.
Bitcoin Policy UK told Parliament that 40% of bank-to-exchange transfers in Britain are being blocked, according to Bitcoin Magazine, highlighting continued banking access issues for Bitcoin users.
Strive shares soared after the Nasdaq-listed company bought 1,110 bitcoin, its biggest bitcoin purchase in months, according to Bitcoin Magazine. The move highlights the company’s bitcoin-focused strategy.
Bitcoin, Ethereum, Solana and XRP fell as Ledger prepared for a potential $4 billion IPO. Crypto adoption remained in focus, with PwC citing irreversible institutional momentum and Kansas introducing a Bitcoin Strategic Reserve bill.
Decrypt examines Franklin Templeton’s tokenization strategy through comments from Digital Assets Head Roger Bayston, highlighting the asset manager’s path from Stellar to Canton. The story is relevant to XLM and Canton Network’s CC.