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Europe’s central bank plans to invest its own funds in tokenized, euro-denominated public-sector debt. Decrypt reports that the transactions will be settled through Pontes, a new service being developed by the institution.
Scott Bessent rejected a bearish assessment of the U.S. economy, citing strong growth, foreign demand for American assets and continued dollar dominance. He also highlighted the dollar’s role in global markets and stablecoins, CoinDesk reported.
CryptoSlate reports that AI is helping scammers automate labor-intensive activities, including communication in romance schemes and messages about frozen cryptocurrency accounts, rather than eliminating the people running these fraud operations.
US lawmakers have advanced a bill seeking to codify Trump’s Bitcoin reserve policy. The proposal would lock Bitcoin acquired through civil and criminal forfeiture into the reserve for 20 years, Cointelegraph reports.
Cato says a broad AI pause could entrench dominant companies instead of improving safety. The think tank favors voluntary safeguards, while Block Chairman Jack Dorsey supports independent testing and narrowly justified restrictions.
Metaplanet has reset its Series 10 stock acquisition rights, eliminating more than $220 million in warrant value and related compensation after concluding that later Bitcoin purchases created less value per share.
The SEC has proposed overhauling transfer-agent rules, a move that could eliminate duplicate shareholder records for tokenized securities, reduce reconciliation costs and lessen legal uncertainty around blockchain-based ownership records.
The Crypto Council for Innovation and Blockchain Association asked a court to suspend an Illinois tax through a preliminary injunction. The motion follows their lawsuit, filed a few weeks earlier, seeking to block the law.
Anthropic researcher Coxon resigned after saying on X that AI developers seriously believe the technology could kill humanity before the end of the decade. CoinDesk reported the warning, without detailing a company response or market impact.
Ireland’s Criminal Assets Bureau says criminal groups are storing cryptocurrency keys in rented private vaults, alongside cash, watches and passports. Decrypt reported the disclosure, which names no specific tokens or providers.
FinCEN reported that transnational criminal organizations operating from compounds in Southeast Asia were largely behind digital asset scams targeting US residents, with the activity linked to about $13 billion in cryptocurrency-related scams.
Michigan has ordered Kalshi to remove sports event contracts and faces the platform with potential daily fines of $500,000. The preliminary injunction remains active until a final order and includes a futures broker notice requirement.
Revolut and OpenReserve received preliminary OCC approval to form US national banks. Both companies plan to offer cryptocurrency and stablecoin-related services, although final authorization, product details and launch timing were not provided.
Coinbase plans to move roughly $227 million from its International Exchange book to an offshore venue holding more than 96% of its derivatives. The cutover is scheduled for Sept. 9, according to CryptoSlate.
