CryptoBreakingNews

FASB Proposal Sets Criteria for Stablecoins to Be Treated as Cash Equivalents
The Financial Accounting Standards Board (FASB) has proposed new guidance that would help clarify when certain stablecoins can be classified as “cash equivalents” under US generally accepted accoun...

MAYAChain Suspends Network After $1.7M Estimated Exploit
Maya Protocol, a cross-chain decentralized exchange built from THORChain’s open-source code, halted its network after an attacker reportedly exploited multiple software weaknesses to siphon roughly $1.7 million worth o...

Crypto PAC Clinches Primary Wins but Loses $2M Florida Bid
Crypto-aligned political spending appears to have delivered early momentum for Fairshake and its affiliated super PACs, with four of the five candidates backed by the organization’s ad campaigns advancing in Tuesday’...

Bitcoin Climbs to 11-Week High as US Treasury Expands Debt Buybacks
Bitcoin climbed to its highest level since early June as trading picked up during the Wall Street open and US markets reacted to a government liquidity plan. By the time of writing, BTC was up roughly 6% on ...

StanChart and HSBC Complete First Live Transfer on Swift’s Blockchain Ledger
Standard Chartered and HSBC have completed what they describe as the first live cross-border transaction using Swift’s blockchain-based ledger, marking an early interoperability milestone for banks ...

Standard Chartered Sees $100K Bitcoin as US Treasury Boosts Long-End Buys
Bitcoin’s next upside leg may be getting a tailwind from an unusual source: US Treasury’s plan to boost liquidity support for longer-dated government bonds. In a client note shared with Cointelegraph, ...

Peirce: SEC crypto rule proposal is a meaningful move past outdated rules
The U.S. Securities and Exchange Commission has stepped into a new phase of digital-asset regulation with a proposal intended to replace much of the agency’s prior “enforcement-first” approach with a c...