1d ago
Kalshi and Crypto.com unveil CPM, seeking federal oversight amid Connecticut stay
Kalshi and Crypto.com unveiled the Coalition for Prediction Markets, bringing in Coinbase, Robinhood and Underdog to press for federal oversight. The group seeks nationwide integrity standards and to counter state-level restrictions, as a Connecticut judge granted Kalshi a temporary stay pending hearings in early 2026. Executives say momentum and billions in market activity warrant a unified voice.
1d ago
1d ago
OCC conditionally OKs five national trust bank charters for Ripple, Circle and BitGo
On December 12, 2025, the Office of the Comptroller of the Currency issued conditional approvals for five national trust bank charters involving Ripple, Circle, BitGo, Paxos and Fidelity Digital Assets. The decision would add them to roughly 60 OCC-supervised national trust banks and permit federally regulated custody and stablecoin services, with Fidelity's coin allegedly still in testing.
Selected
1d ago
1d ago
Florida AG says $1.5M in crypto seized under Fugitive Disentitlement Act
On December 12, 2025, Florida Attorney General James Uthmeier announced the seizure of about $1.5 million in cryptocurrency tied to a Citrus County investment fraud, executed under the Fugitive Disentitlement Act. Officials said the wallet held AVAX, DOGE, PEPE, and SOL and is intended for victim restitution after the legal process. The move coincides with a push for new crypto ATM safeguards following heavy U.S. losses reported this year.
AVAX
AVAX-0.98%
1d ago
1d ago
BitGo, Ripple and Three Other Digital Asset Firms Win Conditional US National Bank Charters
The Office of the Comptroller of the Currency approved national bank charter applications for BitGo, Fidelity Digital Assets, Paxos Trust Company, Ripple National Trust Bank and First National Digital Currency Bank on Friday. BitGo, Fidelity and Paxos obtained conditional approvals to convert into national banks, while Ripple received a new de novo national trust bank charter, expanding the roster of digital asset institutions under federal oversight.
BTC
BTC-0.71%
1d ago