Bank of Thailand Targets USDT Trades and Large Cash Deposits in Q4 Gray Money Crackdown
Bank of Thailand orders source-of-funds checks on cash deposits above 5M baht and joins the SEC in auditing high-volume USDT transactions tied to scam centers.
Policy, courts and regulators shaping crypto around the world.
Bank of Thailand orders source-of-funds checks on cash deposits above 5M baht and joins the SEC in auditing high-volume USDT transactions tied to scam centers.
PayPal's PYUSD stablecoin is now issued natively on Polygon via Paxos, ditching bridged tokens and integrating into Polygon's Open Money Stack for cross-border dollar settlement.
Pakistan's crypto regulator PVARA pushes back on Mufti Taqi Usmani's ruling rejecting USDT and crypto payments, calling for separate technical and Shariah reviews.
The White House says it requested Democratic commissioner nominees for the SEC and CFTC but got nothing back, leaving both crypto regulators without minority-party representation.
XRPL's stablecoin supply hit $889.58M, up 20.56% in 30 days. Ripple's RLUSD dominates at $844.58M, but Valtorum's USDV is the fastest-growing issuer at $39.3M.
Michael Saylor and Adam Back slam BIP-110, the proposed Bitcoin soft fork to ban Ordinals, warning protocol tinkering is Bitcoin's biggest internal risk.
Phantom wallet and the Hyperliquid Policy Center petitioned the CFTC on July 9 to open registered derivatives markets to non-custodial wallets, backed by $1.8B in perp volume.
Goldman Sachs has banned employees from trading on Polymarket and Kalshi over insider trading fears. Morgan Stanley and other Wall Street banks are following suit.
The Federal Reserve has appointed a16z co-founder Marc Andreessen to co-lead an AI productivity task force under Kevin Warsh — raising sharp conflict-of-interest questions.
Circle has received final OCC approval to charter Circle National Trust Bank — a federally regulated entity for USDC reserves and custody, barred from consumer deposits or loans.