Hester Peirce Warns Crypto Vaults And Lending Strategies May Still Trigger Securities Rules

SEC Commissioner Hester Peirce has issued a new statement on crypto vaults and lending strategies, and the message is more nuanced than a simple pro-crypto or anti-crypto headline. Peirce’s July 22 statement, titled “Headstands and Summervaults: A Statement on Crypto Vaults and Lending Strategies,” argues that putting an activity on-chain does not automatically move it…

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FATF Says Crypto Travel Rule Adoption Is Rising, But Enforcement Still Lags

The Financial Action Task Force says more jurisdictions are putting crypto rules into law, but enforcement remains the weak point. In its Seventh Targeted Update on the implementation of FATF standards for virtual assets and virtual asset service providers, the global watchdog reported that 83% of surveyed jurisdictions have passed legislation to implement the Travel…

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Kraken Brings CFTC-Regulated Perpetual Futures To US Traders

Kraken is bringing perpetual futures to eligible US traders through a regulated derivatives structure, and that is a notable shift for a product category that has usually lived outside the US market. The exchange said the product is offered through NinjaTrader Clearing, LLC, doing business as Kraken Derivatives US, a CFTC-registered Futures Commission Merchant. The…

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Robinhood CEO X Hack Shows Why Crypto Scams Still Target Trusted Names

Robinhood CEO Vlad Tenev’s X account was compromised to promote a fake memecoin, giving crypto another reminder that social engineering still works best when it hijacks trust.Robinhood Communications confirmed the incident in a post on X, saying Tenev’s account had been compromised and that the company worked with X to resolve the issue. The fraudulent…

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