Coinbase, Ripple to join Aug. 19 White House crypto meeting

Coinbase and Ripple executives have been named among the expected attendees at an Aug. 19 White House meeting involving at least six crypto and prediction market companies.  Semafor reporter Eleanor Mueller said executives from Coinbase, Ripple, a16z, Chainlink, Paradigm and Kalshi were expected to attend the White House meeting, citing people familiar with the plans.  News: Executives from Coinbase, a16z, Ripple s meeting at the WH, people familiar with it tell me.  Trump plus Selig s.. outcome, we expect the Commission to publish the texts of Reg Crypto, the Innovation Exemption, or both in the next several weeks, another reminder that the crypto industry is poised for… a positive reg environment even without CLARITY” https://t.co/rzWahIIGyi  — Alex Thorn (@intangiblecoins) August 14, 2026  A separate Kalshi contract provided a more favorable reading for an earlier procedural event. As of Aug. 11, traders assigned an 88% probability that the Senate would vote on the legislation before Oct. 1, with about $1.23 million traded on the contract. The date aligns with Thunes Sept. 15 cloture schedule but does not indicate whether senators will ultimately approve the bill.  CFTC meeting will follow on Aug. 20  People involved in the planning have described the White House event as a kickoff for the

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SpaceX stock falls as $60B Cursor deal closes

SpaceX has completed its $60 billion stock-based acquisition of Anysphere, bringing the Cursor coding platform into its SpaceXAI business as SPCX shares fell during Friday trading.  SummaryCursor has become a wholly owned SpaceX subsidiary after the merger took effect on Aug. 14.Cursor investors will receive 389.3 million SpaceX Class A shares under the transaction.SpaceX shares traded as low as $135.53 before recovering to about $140.Morgan Stanley has retained a $300 target and a $600 bull case for SPCX.  An SEC filing dated Aug. 14 showed that SpaceX completed the acquisition through X67 Inc., a subsidiary formed to carry out the transaction. X67 merged into Anysphere, leaving the Cursor developer as the surviving company and a wholly owned SpaceX subsidiary.  The closing came less than two months after SpaceX signed the merger agreement on June 16. Under its terms, the company valued Anysphere at an implied equity value of $60 billion and agreed to compensate its investors with SpaceX Class A common stock.  SpaceX has issued 389 million shares for Cursor  Cursors common and preferred shares outstanding immediately before the merger were automatically converted into rights to receive 389,289,254 SpaceX Class A shares, according to the filing.  SpaceX based the exchange on the volume-weighted average closing price

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OCC grants conditional approval for Trump-backed World Liberty National Trust bank

Quick TakeIn a letter, the Office of the Comptroller of the Currency granted World Liberty Trust Company, National Association conditional approval, bringing it one step closer to a final approval for a bank charter.WLF CEO Zack Witkoff said the company wants to “build the most trusted and widely used digital dollar in the world while strengthening the role of the U.S. dollar across the global economy.”  President Donald Trump-backed World Liberty Financial secured preliminary approval to become a national trust bank on Friday.  In a letter, the Office of the Comptroller of the Currency granted World Liberty Trust Company, National Association conditional approval, bringing it one step closer to a final approval for a bank charter.  “The OCC hereby grants preliminary conditional approval of your charter application upon determining that your proposal meets certain regulatory and policy requirements,” the regulator said in its letter.  Earlier this year, WLF created a new trust company in order to secure a banking license from the OCC that it said would allow it to offer stablecoin issuance and redemption, on-ramp and off-ramp services, and custody and conversion. WLF issues a stablecoin called USD1, which has a market capitalization of $4 billion and ranks as the fourth-largest stablecoin after

15 گھنٹے پہلےانڈسٹری

Trump-backed World Liberty wins conditional bank charter from federal regulator

SummaryThe U.S. Office of the Comptroller of the Currency has granted World Liberty Trust Company a federal charter, clearing the way for it to take over issuance of World Liberty Financials USD1 stablecoin.Lawmakers had expressed concerns with World Libertys application due to its ties to President Donald Trump.  A federal bank regulator has granted World Liberty Trust Co. a conditional bank charter, it announced Friday.  The Office of the Comptroller of the Currency, the U.S. banking agency that grants federal charters, said in a letter posted to its website that World Liberty could operate fiduciary and other trust company-related activities as a national trust bank.  “This preliminary conditional approval is granted based on a thorough evaluation of all information available to the OCC, including the representations and commitments made in the application and by the Banks representatives,” the letter said.  Final approval wont be granted until the company meets additional “preopening requirements,” the letter said.  According to the letter, World Liberty Trust Company will focus on services tied to World Liberty Financials USD1 stablecoin.  “The bank plans to issue USD1, a fiat currency-backed stablecoin, to institutional clients on a nationwide basis, assuming this role from BitGo Bank & Trust, National Association (BitGo), the current exclusive issuer

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BNB Chain schedules security-focused Pasteur hard fork for Aug. 25

BNB Chain has scheduled its Pasteur hard fork for Aug. 25, introducing three changes intended to strengthen cross-chain transfers, tighten validator controls, and raise tested transaction capacity from 1,237 to 2,324 transactions per second.  SummaryPasteur will activate on BNB Smart Chain at 2:30 a.m. UTC on Aug. 25.Node operators must install BSC software version v1.7.7 before the upgrade.Two changes address cross-chain security, validator permissions, and governance voting.Internal tests raised transaction capacity from 1,237 to 2,324 TPS.  BNB Chain said in an Aug. 14 announcement that Pasteur will go live on BNB Smart Chain at 2:30 a.m. UTC on Aug. 25 after running on its test network since July 21.  Node operators must install BSC software version v1.7.7 before the activation time. The network also instructed operators to remove an outdated setting called EnableBAL from their configuration files because the updated software will not start if it remains in place.  Pasteur includes three proposals: BEP-682, BEP-695, and BEP-675. The first two address security and validator permissions, while the third changes how transactions are processed when new blocks are prepared.  You might also like:  Microsoft flags ClickFix malware using BNB Chain to fetch attack instructions  Pasteur will strengthen BNB Chain bridge checks  BEP-682 changes how BNB Smart Chain confirms transfers

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Justin Sun Addresses Binance HTX Blacklist: Are Your Funds Actually Affected?

Justin Sun says the Binance restrictions on HTX reach only users in the UK and the European Union. Binances own notice sets no such limit.  The HTX founder made the claim as the August 23 cutoff approaches. He also said HTX is already in settlement talks with British and EU authorities.  Sponsored  Sponsored  What Sun Said  The comments came in a late Friday post, only hours after Binances blacklisting announcement.  “Ive communicated with Binance, and it only involves Binance UK and EU users. Huobi itself does not conduct business in the UK or EU. Our settlement negotiations with the UK and EU regulatory authorities are already underway,” he wrote.  Sun added that affected users can contact HTX customer service, and that the exchange will help resolve individual cases.  Where the Claim Meets the Record  Binance addressed its notice to all users and named no country. It said transactions involving the listed platforms may be held for compliance review after the effective dates. Binance restricted 11 platforms in that announcement.  Suns second claim is harder to square. The Financial Conduct Authority (FCA) alleges HTX drew 4.6 million UK visits in 2023. That ranked it sixth among virtual asset firms accessed from Britain. HTX limited new UK sign-ups only after the regulator

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World Liberty Wins Bank Charter From Trump-Appointed Regulator for $4 Billion Stablecoin

President Donald Trumps family is set to own a federally chartered bank. A regulator he appointed conditionally cleared World Liberty Trust Company, issuer of the $4 billion USD1 stablecoin.  The Office of the Comptroller of the Currency (OCC) published its national trust charter decision Friday. Final approval would let the firm issue USD1 itself and hold the dollar assets backing it.  Trumps Own Appointee Cleared the World Liberty Bank Charter  Trump appointed Comptroller Jonathan Gould to run the OCC last year. World Liberty Trust filed its application in early January, and congressional Democrats spent the months since warning that approval would create a conflict of interest.  The agency answered that criticism inside the letter itself. Career staff handled the review, the OCC said, and Gould met his statutory duties and ethical obligations. Nonpolitical examiners will supervise the bank once it opens.  The regulators structure matters here. The OCC sits inside the Treasury Department and has no bipartisan board to check a single appointee. Democrats pressed Gould at a February hearing to release the unredacted filing. The public version left out capital structure and business plan specifics.  The financial stakes explain the pressure. Reuters put Trump family earnings from USD1 at roughly $50 million through June 2026.

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France Tax Data Leak Could Fuel Scams, Attacks Targeting Bitcoin Holders

In briefA reported breach of Frances tax authority exposed data tied to 678,437 people and businesses.The records allegedly include income figures, addresses, tax identifiers, and family information.The data could help criminals craft targeted scams against wealthy taxpayers and Bitcoin holders.  A hacker is selling a trove of French tax records that could expose more than 678,000 people and businesses, including Bitcoin holders, to phishing, identity theft, and targeted attacks.  According to a report by French cybersecurity outlet FrenchBreaches, a hacker is selling records allegedly stolen from Frances tax authority, the DGFiP, during a June breach for several thousand euros.  Myriad: Bitcoins next move? Click to make your prediction.  “More bad news for Bitcoiners living in the leading country for wrench attacks,” Chief Security Officer at Bitcoin security platform Casa Jameson Loop wrote on X. “The French tax authority has been hacked, and 678K records leaked.”  FrenchBreaches said the database contains records on 392,867 individuals and 285,570 professionals, including 26,805 people with reference tax income of at least $116,000, 386 above $1.16 million, and eight above $11.6 million; the hacker is reportedly offering the file for several thousand dollars.  FrenchBreaches said a sample of the leaked data included names, birth details, home and email addresses, phone numbers,

15 گھنٹے پہلےانڈسٹری

Ireland AML strategy tightens crypto wallet checks through 2030

Ireland has introduced its first national anti-money laundering strategy through 2030, placing enhanced checks on private-wallet transfers and overseas crypto firms among its main digital-asset controls.  Irelands crypto strategy increases transfer checks  Irelands Department of Finance said on Thursday that the national AML strategy will coordinate the countrys response to money laundering, terrorist financing, and proliferation financing until 2030.  For crypto firms, the plan completes Ireland‘s implementation of the remaining provisions under the European Union’s Transfer of Funds Regulation. The measures require crypto-asset service providers to conduct enhanced checks on transfers involving self-hosted wallets and apply stricter due diligence when working with crypto businesses based outside the EU.  Under the regulation, information about a transfers originator and beneficiary must accompany the transaction when a regulated provider is involved. Required details can include names, distributed-ledger addresses, crypto account numbers, and unique transaction identifiers.  Tánaiste @SimonHarrisTD has today launched Irelands first National Anti-Money Laundering, Countering Financing of Terrorism & Countering Proliferation Financing Strategy.  — Department of Finance (@IRLDeptFinance) August 13, 2026  Transfers to or from self-hosted addresses remain permitted, although the provider handling the transaction must collect information about both parties. For transfers exceeding €1,000, the firm must take steps to assess whether its customer owns or controls the

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Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses

Bitcoin (BTC) declined into Fridays Wall Street open as traders increasingly saw a BTC price breakdown next.  Key points:Bitcoin stays below $63,000, heading steadily closer to new August lows while US stocks build on record highs.Analysis says that $63,220 must be reclaimed by the weekly close to avoid a deeper rout.Markets look to PCE inflation data as the next key test for risk assets.  Bitcoin price sags with stocks at all-time highs  Data from TradingView showed BTC/USD down 1.3% on the day at $62,570, near its lowest levels month-to-date.BTC/USD four-hour chart. Source: Cointelegraph/TradingView  Despite encouraging US inflation data lifting risk assets and reducing the odds of interest-rate hikes, Bitcoin failed to follow US equities, which closed Thursdays session at all-time highs. The S&P 500 and tech-heavy Nasdaq Composite Index were both green at the time of writing, up 0.11% and 0.14%, respectively.BTC/USD vs. S&P 500 one-hour chart. Source: Cointelegraph/TradingView  Commenting on Bitcoin price performance, trader and analyst Rekt Capital warned that Sundays weekly close needed to be above $63,220.  “A Weekly Close below the orange level would probably set price up for a breakdown,” he wrote in a post on X.  The analyst noted that $63,000 was now failing as support after weakening throughout August, having previously

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