Circle Partners Earns $819 Million in 2026
@Circle generated $1.4B in H1 2026, paying $819M to partners and spending $473M on infrastructure. USDC transaction volume exceeded $36T, with Coinbase holding $20B. #Update #Crypto $USDC
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Gemini Settlement Stands Despite CFTC Reversal
U.S. District Judge Alvin Hellerstein rejects the CFTC and @Gemini’s request to erase a $5M settlement, maintaining the original injunction despite the CFTC’s reversal. Legal
CFTC Backs $5 Million Settlement Rejected
A U.S. federal judge upheld @Gemini’s $5 million settlement despite CFTC support for reversal, maintaining the exchange’s obligations under the agreement as it operates in the U.S. #Update #Legal $BTC
CFTC and Gemini Lose $5M Settlement Bid
A US federal judge has upheld a $5M settlement between @Gemini and the CFTC, rejecting their request to overturn it despite alleged misconduct by the regulator. #Update #Legal $BTC
Bitcoin Scammer Loses $4.8M in Ledger Fraud
@Ledger suspends its reseller network in Asia after thieves stole over $103.4M via tampered devices; ironically, a scammer lost $4.8M in Bitcoin from these Ledgers. #Update #Crypto $BTC
CFTC Casino Moves Cosmetic BetMGM CEO
BetMGM CEO Greenblatt critiques CFTC’s casino rule as superficial, predicting Supreme Court favoring states in 2026-27. BetMGM Q3 revenue up 7% to $710M. #Update #Legal
SEC Crypto Rules Face Potential Overturn
In response to the failed CLARITY vote, the SEC has proposed new crypto rules including a five-year exemption for stock tokens and clarified that liquid staking tokens are not securities. #Update #Crypto $BTC
Crypto Fraud Network Busted by FBI and Brooklyn Prosecutors
Brooklyn prosecutors and the FBI seized 241 websites and 112 servers linked to a crypto scam targeting Russian speakers, recovering millions from fraudulent trading platforms. #Update #Legal
Hyperliquid Founder Launches US Regulation Model
Hyperliquid founder Jeff Yan suggests compliance should fall on blockchain trading venue operators, enabling traditional finance integration. U.S. access remains limited, but Payward plans derivatives for U.S. investors. #Update #Crypto $BTC
SEC Oversight Demanded for Trading Platforms
@Hyperliquid founder Jeff Yan advocates for U.S. regulators to oversee trading firms using his blockchain, not the network itself, allowing traditional firms to operate without direct regulation of the blockchain. #Update #Crypto
Crypto Exchanges Face Stricter Rules Before Licensing
Australia’s ASIC will enforce new crypto exchange regulations starting April 8, 2027, requiring licenses and compliance with asset safeguarding and trading transparency standards. #Update #Crypto $BTC $ETH
Ripple Drives Faster Funding for 100 Partners
@DriveWealth partners with @Ripple to integrate stablecoin settlement in Europe, targeting faster funding for over 100 global partners. Expansion to the U.S. planned. #Update #Crypto $XRP
SEC Risks SkyAI Offer if SOL Drops Below $100
@SkyAI has secured about 80% of the cash for its $3/share tender offer, contingent on $SOL closing above $100 during the period. The offer may begin around Oct. 15. #Update #Crypto $SOL
SEC Exemption Launches Tokenized Stock Trading
@Gruhn targets U.S. tokenized stock trading with a new SEC exemption, expanding on previous offerings and partnerships, including a recent agreement with Datavault AI for commodity trading. #Update #Crypto $PERP