Crypto PAC Notches Primary Wins, But Loses $2M Florida Race

Four of the five candidates supported by ads funded by the cryptocurrency-aligned political action committee (PAC) Fairshake won their primaries or otherwise advanced on Tuesday, potentially a bellwether for the industry’s influence in the 2026 midterm elections. On Tuesday, Democratic and Republican candidates supported by media funded by the Fairshake-affiliated PACs Protect Progress and Defend … Read more

HSBC, Standard Chartered Execute First Live Transaction on Swift Blockchain

Standard Chartered and HSBC have completed the first live cross-border transaction on Swift’s blockchain-based ledger, demonstrating interoperability between the banks’ tokenized deposit systems a month after the ledger’s launch. The transaction involved payment messages exchanged between the two through Swift’s ledger, with the resulting obligations recorded on HSBC’s Tokenised Deposit Service and StanChart’s tokenized deposit … Read more

Nexo Launches Regulated Crypto-backed Credit in Australia

Nexo Australia launched crypto-backed credit lines after becoming a credit representative under Australia’s National Consumer Credit Protection Act, the company said in a Tuesday announcement shared with Cointelegraph. The new credit lines allow eligible clients to borrow Australian dollars or stablecoins by using their cryptocurrencies as collateral without having to sell them. Funds are generally … Read more

SEC Proposes New Crypto Rules in Absence of CLARITY Act

The US Securities and Exchange Commission (SEC) has proposed new rules that could affect the cryptocurrency industry after lawmakers in Congress failed to pass a market structure bill before breaking for a month-long recess. In a Tuesday notice, the SEC said that the agency proposed rules to create a “clear and fit-for-purpose framework for certain … Read more

Finance Insight: Aug 19, 2026

The US Securities and Exchange Commission (SEC) has proposed a new regulatory framework for crypto assets, aiming to provide clearer pathways for companies to raise capital. This move is seen as a significant step in the ongoing effort to regulate the digital asset space. The proposal, announced on Tuesday, August 18, 2026, is the first … Read more

SEC Proposes Crypto Rulebook As Clarity Act Stalls

The Securities and Exchange Commission has proposed its own framework for crypto asset offerings, pressing ahead while landmark legislation stalls.  The regulator unveiled “Regulation Crypto Assets” on Tuesday, a tailored offering regime it says will let token issuers raise money in the U.S. without falling foul of securities laws. Tuesday’s proposal carves out two exemptions … Read more

Kraken’s Krak Launches Multi-Asset Debit Card in US

Kraken’s payment app, Krak, has launched a multi-asset debit card in the US, allowing customers to spend crypto and fiat while earning up to 2% cashback in dollars or Bitcoin (BTC). The card supports more than 600 currencies and assets, with holdings converted into US dollars at point of sale. A single purchase can draw … Read more