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Ripple Makes a Shock SEC Transfer After $150M XRP Lawsuit as OCC Unveils GENIUS Act Guidelines

Ripple Makes a Shock SEC Transfer After $150M XRP Lawsuit as OCC Unveils GENIUS...

In an October 20 comment letter, Ripple supported the proposed framework while requesting changes to how federal securities law treats digital assets, investment contracts, and secondary-market transactions. The development coincides with the Office of the Comptroller of the Currency (OCC) finalizing rules under the GENIUS Act, establishing federal standards for payment stablecoin issuers. Although the…
Vital PHP Fixes Put Crypto Checkout Infrastructure In Focus

Vital PHP Fixes Put Crypto Checkout Infrastructure In Focus

TL;DR: PHP released fixes for two critical flaws on October 21 and urged immediate updates. Crypto businesses using PHP-based web infrastructure should check that layer of their systems; the advisory does not announce a breach of Bitcoin or BTCPay Server itself. Security work for a crypto business does not end at its wallet. A critical…
KuCoin Provides USDT Perpetuals Tied To Shares And ETFs

KuCoin Provides USDT Perpetuals Tied To Shares And ETFs

TL;DR: KuCoin announced five new USDT-margined perpetual contracts for October 21, including products tracking Goldman Sachs shares and the leveraged MSTU ETF. The contracts offer up to 20x leverage in supported markets. KuCoin is extending its derivatives menu further into traditional financial assets with five contracts scheduled for launch on Wednesday. The exchange’s official listing…
Crypto Dealer Will get 160 Months In US Drug-Cash Laundering Case

Crypto Dealer Will get 160 Months In US Drug-Cash Laundering Case

TL;DR: A Colombian crypto broker received a 160-month prison sentence in a US laundering and narcotics case, prosecutors announced October 21. The account describes a scheme moving criminal proceeds through Tether and US shell companies. A New York federal judge has sentenced Leonardo de Jesus Zuluaga Duque to 160 months in prison in a case…
Ripple Makes a Shock SEC Transfer After $150M XRP Combat as OCC Unveils GENIUS Act Guidelines

Ripple Makes a Shock SEC Transfer After $150M XRP Combat as OCC Unveils GENIUS...

In an October 20 comment letter, Ripple supported the proposed framework while requesting changes to how federal securities law treats digital assets, investment contracts, and secondary-market transactions. The development coincides with the Office of the Comptroller of the Currency (OCC) finalizing rules under the GENIUS Act, establishing federal standards for payment stablecoin issuers. Although the…