The Commodity Futures Trading Commission has accused a North Carolina commodity pool operator of orchestrating a $14 million investment fraud that allegedly concealed catastrophic trading losses through fabricated account statements and Ponzi-like payments to investors. The civil enforcement action highlights the regulator’s continued focus on fraudulent commodity pools that increasingly blur the line between traditional
SBI VC Trade will open applications on July 16 for JPYSC Lending, a product that pays holders of the yen-backed stablecoin JPYSC an initial 3% annual rate to lend the token to the exchange, marking the first trust-type yen stablecoin lending service in Japan. The exchange, a subsidiary of SBI Holdings, will run the service
Metaplanet has agreed to open a joint study with Metaplanet Securities, stablecoin issuer JPYC, and tokenization provider Progmat to develop digital credit products backed by Bitcoin, targeting instruments that would trade and settle on a 24/7 basis and accrue interest daily. The company set out the initiative in a July 10 filing issued under Chief
The Commodity Futures Trading Commission will stay a self-certified CME crude oil futures contract that would have allowed around-the-clock trading as soon as July 10, escalating a dispute over whether traditional energy derivatives should move toward the 24/7 model already common in crypto markets. The CFTC said CME filed to self-certify the contract on July
Alfa-Bank, Russia’s largest private bank, plans to launch its own digital depository and offer clients a full range of cryptocurrency services once the country’s digital asset regulation takes effect, Dmitry Vitman, chief operating officer of Alfa-Bank’s corporate and investment banking business, according to RBC Investments. The plan would make Alfa-Bank a custody provider for the
The European Securities and Markets Authority (ESMA) has opened a coordinated review of how crypto-asset service providers (CASP) safeguard client holdings, placing custody operations under direct scrutiny as the EU’s Markets in Crypto-Assets (MiCA) regulation shifts from transition into active supervision. ESMA announced on 8 July that it is launching a Common Supervisory Action with
Galaxy Digital has completed the first phase of its Helios campus in West Texas and begun earning lease revenue, delivering 133 MW of critical IT load to CoreWeave under a 15-year agreement. The company met its Phase I schedule and drew that load from roughly 200 MW of gross power, with lease payments beginning in
Ripple has received full authorisation of its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSFF), completing its Markets in Crypto-Assets (MiCA) requirements and clearing the company to offer regulated crypto asset services across all 30 countries of the European Economic Area. The authorisation, announced on 6 July 2026,
The Reserve Bank of India (RBI) urged lawmakers to keep the country’s banks and regulated financial institutions insulated from cryptocurrencies and privately issued stablecoins, telling a parliamentary panel that outright prohibition remains a live policy option as India settles its approach to digital assets. Deputy Governor Rohit Jain and Executive Director P. Vasudevan set out
The European Securities and Markets Authority has proposed a major redesign of EU transaction reporting, saying a new “Report Once” framework could save market participants between €250 million and €1 billion a year while reducing recurring reporting costs by 22% to 24%. In its final report, ESMA said transaction reporting under MiFIR, EMIR and SFTR