‘Crypto Mom’ Hester Peirce Resigns From SEC Effective Oct 2

Hester Peirce, one of the institution’s most pro-crypto commissioners, announced she is leaving the commission on October 2. Peirce will join the Regent University School of Law as an associate professor in November, leaving her current public policy role. SEC Commissioner Hester Peirce To Step Down on October 2 The U.S. Securities and Exchange Commission […]
Circle Foundation Backs UN Stablecoin Payment Trials For Humanitarian Aid
TL;DR Circle Foundation has announced grants supporting digital-payment projects at the United Nations Development Programme and World Food Programme. The initiatives will examine how regulated payment stablecoins can improve the speed, cost and transparency of aid distribution. WFP plans to test two to three payment corridors over three years, while UNDP will build a Digital […]
Australia Sets Oct. 1 AI and Data Centers Hearing After OpenAI Portal Access
The Senate inquiry will examine AI regulation, government agreements with global AI companies and data centers’ effects on communities, water and energy.
Australian senators invite Sam Altman and Dario Amodei to AI hearing after Medicare breach
The AI hearing underscores the urgent need for robust regulatory frameworks to address AI’s impact on data security and public accountability. The post Australian senators invite Sam Altman and Dario Amodei to AI hearing after Medicare breach appeared first on Crypto Briefing.
Bitget Hack-Linked Wallets Move More Than Half of Stolen XRP
About 54 million XRP worth $83 million has left five initial wallets, while the XRP Ledger cannot freeze its native asset.
South Korean Industry Pushes Liquidity Safeguards for Stablecoins
Proposed rules would address initial circulation, redemptions, secondary-market liquidity and price-deviation disclosures after sharp moves in JPYC, PYUSD and EURC.
Sixth Circuit Lets Ohio, Tennessee Regulate Kalshi Sports Contracts
The ruling deepens a split among federal appeals courts over whether states or the Commodity Futures Trading Commission can oversee Kalshi’s event contracts.
Saudi Arabia Seeks Return to Prewar Strait of Hormuz Rules
Foreign Minister Faisal called for unrestricted passage without fees or limits, linking the waterway’s status to global energy security and trade stability.
U.S. Jobs Report Leads Week of PCE Data and Corporate Earnings
The employment report will include payrolls, unemployment and average hourly earnings ahead of the Federal Reserve’s October policy meeting.
Tether Says EQIBank Exposure Is Below 0.034% After US Asset Seizure
TL;DR Tether says assets held with offshore banking partner EQIBank represent less than 0.034% of its total group assets. U.S. authorities are seeking forfeiture of tens of millions of dollars tied to EQIBank payment processor Capstone. Tether says it had no knowledge of the conduct alleged by prosecutors and has not disclosed the exact amount […]