By Olivia Stephanie from crypto.news The Financial Accounting Standards Board (FASB) proposed new U.S. accounting guidance on Aug. 18 that would clarify when companies may present certain stablecoins as cash equivalents. The proposed Accounting Standards Update would add examples to Topic 230, Statement of Cash Flows. It would not change the existing definition of cash
By Olivia Stephanie from crypto.news Ripple partnered with Jeonbuk Bank on Aug. 18 to deploy Ripple Payments for cross border business remittances, making Jeonbuk the first South Korean regional bank to adopt the service. The companies said the integration would allow Jeonbuk Bank to settle international transfers in seconds or minutes rather than the days
By Shaurya Malwa from CoinDesk Bitcoin crossed $64,000 in Asian morning hours Monday, up half a percent on the day but down almost 3% over the week, as a softer dollar and fading rate-hike bets failed to lift crypto out of its recent range. Hyperliquid’s HYPE was the standout, up over 3% to $59 and
By Lawrence Mondal from crypto.news Dartmouth College’s crypto ETF holdings have fallen 15% to about $12.4 million in the second quarter, even though its $9 billion endowment kept the same number of fund shares. Dartmouth crypto ETF holdings have fallen to $12.4 million The U.S. Securities and Exchange Commission filing submitted Thursday showed that Dartmouth’s
By Lawrence Mondal from crypto.news World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would oversee more than $4 billion in USD1 stablecoin circulation. World Liberty Financial must meet OCC conditions The Office of the Comptroller of the Currency said on Aug. 14 that it had granted preliminary conditional
By Andrew Folkler from Crypto News The SEC votes August 14 on its first formal crypto rulemaking. The proposal creates three exemption pathways, a decentralization off ramp for tokens, and a framework that could make congressional legislation optional. Here is what each provision means in practice. The Securities and Exchange Commission has spent six years
By Omkar Godbole from CoinDesk Tokyo-listed bitcoin holder Metaplanet isn’t dumping its bitcoin bags. Company CEO Simon Gerovich moved quickly to dismiss reports of a massive sale, clarifying that Wednesday’s large BTC transfer, flagged by blockchain trackers, was merely a “routine custody transfer” and not a liquidation. “We transferred 5,014 BTC between Metaplanet custodial addresses
By Rony Roy from crypto.news Goldman Sachs has agreed to acquire Neos Investments for up to $2.25 billion, a deal that will add three Bitcoin and Ethereum options-income ETFs managing more than $1.1 billion combined to its asset management business. According to Goldman Sachs, the cash-and-equity transaction will bring Neos and its more than $30
By Olivia Stephanie from crypto.news The Office of the Comptroller of the Currency (OCC) said on Aug. 11 that digital asset companies conducting legally permissible activities should have a route into the U.S. national banking system, as Comptroller Jonathan V. Gould renewed the agency’s push to revive new bank formation. Gould said in the OCC
By Lawrence Mondal from crypto.news Crypto projects lost roughly $110 million to hacks in July as Immunefi recorded more confirmed bug bounty reports and found that audit competitions uncovered more serious vulnerabilities than private audits. Crypto hacks put 2026 on course for a record Immunefi recorded 164 crypto hacks through Aug. 3, including 67 incidents
