Wise expected to resubmit US charter application under GENIUS
The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year.
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EU authorities include HTX exchange in Russian sanctions
The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment services“ in defiance of the EU’s measures against Russia.
UK Lawmakers Launch Inquiry Into Crypto Banking Access
In brief A cross-party group of UK MPs and peers has launched a parliamentary inquiry into the banking difficulties faced by crypto and digital asset businesses. The Crypto and Digital Assets APPG will examine why firms struggle to open accounts and why banks restrict crypto-related payments, and whether that undermines the UK’s ambition to be…
BNB Chain Haber Specs Point To Faster Finality And A More Competitive Network Stack
BNB Chain Haber Specs Point To Faster Finality And A More Competitive Network Stack is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. BNB Chain’s technical roadmap matters because the network is competing in a crowded field where speed,…
Allocation Update – Q3 2025
Community & education Bluechip25 Conference hosted in Vienna, Austria dedicated to crypto safety, learning and sharing best practices, and setting new benchmarks for trust and transparency. Community & education BuildETH Conference focused on Ethereum infrastructure, DeFi primitives and protocols, AI agents, and new financial rails for digital assets organized in San Francisco, USA. Community &…
Venezuela’s sanctions are stablecoins’ proof of concept
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “I don’t see it as a bad thing, this process that they call ‘dollarization’… Thank god it exists.” — Nicolás Maduro The New York Times recently reported that Venezuela had become “the first nation to manage a large share of its finances…
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…
