Circle couldn't move faster to stop the Drift hack without legal risk. Here's why the stablecoin issuer's caution—not negligence—is the real story.
The OCC just handed Coinbase a trust charter. Community bankers are furious. And they might have a point.
Coinbase just cleared a major regulatory hurdle by securing conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency. But here's the thing—it's not becoming a bank in any traditional sense.
The crypto market structure bill—Congress's most serious attempt at comprehensive digital asset regulation—is stalled over arcane language about how much interest stablecoins can pay. It's a mess that reveals something deeper about why crypto regulation keeps failing.