CFTC Announces $288 Million Court Orders in EminiFX Crypto-Forex Fraud Case
A U.S. court ordered restitution and penalties against EminiFX and its founder; the CFTC says more than $98 million had reached investors by July.
U.S. News — Page 5
U.S. crypto, financial markets and economic policy: the latest reporting from The Token Press.
BlackRock's IBIT Draws $665 Million as Bitcoin ETFs Net $527 Million
BlackRock's bitcoin fund absorbed a large October 19 inflow, but withdrawals from two rivals reduced the U.S. spot ETF group's net gain.
Blockchain Association Seeks Clearer Treasury Stablecoin Rules
The industry group backs Treasury's core GENIUS Act approach but wants firmer limits for DeFi infrastructure, secondary trading and foreign-issuer checks.
BlackRock Files for Bitcoin ETF With Conditional Downside Protection
A proposed iShares fund would use option spreads tied to IBIT for capped upside and variable downside protection. The SEC filing is not an approval.
CFTC Challenges CME’s Standing in U.S. Perpetual-Futures Case
The derivatives regulator says CME has not shown an imminent competitive injury as a federal court weighs whether its challenge to U.S. perpetual futures can proceed.
JPMorgan Reports $5 Billion Invested in U.S. Strategic Industries
JPMorgan says it has deployed half of a planned $10 billion equity allocation while financing about $230 billion under its security initiative.
Anthropic Pledges 5% of Equity to Public Benefit Fund, Pending Approval
Anthropic plans to earmark 5% of its shares for a company-owned public benefit fund, with possible later increases tied to valuation milestones.
Crypto.com-Linked Exchange and Novig Challenge Missouri Sports-Contract Orders
Two prediction-market exchanges filed separate federal suits after Missouri ordered six operators to stop unlicensed sports contracts or seek state approval.
U.S. Bitcoin ETFs Lose $907 Million Over Two Weeks as October Reverses
Farside's fund-level data show two weeks of net withdrawals that erased U.S. spot Bitcoin ETFs' early-October inflows.
U.S. Reviews Russia Energy Sanctions After Graham Act Waiver
Trump waived new Russia-related sanctions and tariffs under the Graham Act. Rubio described a review lasting up to 60 days, but the order sets no expiry date.
Bank Deposit Rates May Temper Stablecoin Growth, BIS Researchers Find
A BIS working paper links higher US deposit rates to slower stablecoin growth, especially for USDC, while stopping short of claiming a loss of bank lending.
Citizens' Loan Growth Adds to U.S. Regional Banks' Resilient Quarter
Citizens reported higher lending and net interest income in the third quarter, while PNC's figures show why acquisition effects and funding costs complicate the regional-bank picture.
BIS Study Links Higher Deposit Rates to Slower Stablecoin Growth
A BIS working paper finds that better-paying U.S. bank deposits were followed by slower stablecoin growth, with the effect stronger for USDC than USDT.
Foreign Investors Bought $300.7 Billion in Long-Term U.S. Securities in August
New Treasury data show a $199.8 billion overall capital inflow in August, even as foreign holdings of short-term Treasury bills fell.
New York Fed Survey Shows Weaker Services and Faster Price Increases
Regional service firms reported a sharper decline in activity in October while selling-price increases reached their fastest pace since 2022.
Marqeta and Coinbase Plan Stablecoin-Backed Cards for Businesses
Marqeta is expanding its Coinbase partnership to let enterprise clients build cards backed by stablecoin balances, but neither company has set a rollout date.
Nine Issuers Object to OKXICE Tokenized Stock Plan
Nine U.S. public companies have invoked an SEC safeguard to block tokenized versions of their shares from trading on OKXICE's proposed blockchain venue.
Judge Keeps Gemini’s $5 Million CFTC Settlement in Place Despite Joint Bid
A federal judge refused to vacate Gemini’s 2025 CFTC consent order, leaving its paid $5 million penalty and continuing injunction in place.