The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions.Polygon Labs has completed its acquisition of Coinme, giving its stablecoin payments platform a regulated way to convert dollars into digital assets and back across 48 US states.Polygon said Wednesday its US payments business now has coverage with 37 money transmitter licenses…

Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits.The Crypto Council for Innovation (CCI) and Blockchain Association (BA) said they would join the Digital Chamber and others to push for a court to address the merits of a lawsuit…

The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“The European Banking Authority (EBA) has classified Circle’s USDC stablecoin as a significant e-money token under the region’s Markets in Crypto Assets (MiCA) framework. In a Wednesday notice, the banking regulator said the e-money token…

Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russian-speaking Americans. Prosecutors in Brooklyn, New York, working with the Federal Bureau of Investigation (FBI), have disrupted an Eastern European cryptocurrency scam network accused of stealing tens of millions of dollars from Americans, primarily Russian-speakers.The operation,…

Starknet’s Shadow Accounts allow users to obscure connections between their main wallets and DeFi activity, though transactions remain visible onchain.Ethereum layer-2 network Starknet has launched a wallet privacy feature that lets users interact with decentralized finance (DeFi) apps without publicly linking activities to their main wallets. StarkWare, the team behind Starknet, said that its new Shadow…

New York Fed President John Williams’ comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year.New York Fed President John Williams said AI equipment supply could take more than two years to catch up with demand, which could add to inflationary pressure. Williams…

Bitwise’s Matt Hougan said nearly every fundamental indicator that Bitwise tracks spiked sharply higher.Bitwise chief investment officer Matt Hougan says Q3 may have been “one of the best quarters in crypto’s history,” arguing a sharp rebound in crypto prices and growing onchain markets point to the start of “crypto spring.”In its quarterly market review published…

The wallet maker requested that devices be removed from shelves while investigators work to establish where tampering occurred.Ledger has requested sellers and distributors of its devices in six Southeast Asian countries and Hong Kong to suspend sales and remove its hardware wallets from shelves as it investigates reports of tampered devices.In a post on X…

Tokenized equities have reached nearly $3.3 billion in value as investors embrace round-the-clock access beyond Wall Street hours. Most trading in tokenized stocks on major blockchains now takes place outside regular US market hours, offering an early indication that around-the-clock trading could be one of the biggest advantages of putting equities onchain.According to Blockworks data…

CCO Danny Sanders said he had notified certain hardware wallet resellers that they would be removed from Trezor’s list of authorized entities starting Jan. 1.Hardware wallet producer Trezor announced it would reduce its number of resellers as a “preventive step, taken out of an abundance of caution,” following reports that malicious implants had been installed…