Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
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Rain is reportedly seeking a U.S. trust bank charter to issue stablecoins, but the filing remains unverified. Even if confirmed, a charter alone would not authorize stablecoin issuance under the GENIUS Act.
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Fairshake says it is backing 32 House incumbents—13 Democrats and 19 Republicans—with independent advertising ahead of the 2026 elections. The push comes as Congress debates stablecoin rules, market structure and crypto taxes, but support doesn’t guarantee a win or a lawmaker’s vote.
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Binance’s reported Bitcoin reserves fell by 41,700 BTC, alongside sizable weekly net outflows. But missing dates and methodology leave the scale and cause uncertain—and the figures don’t prove customers withdrew the coins.
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Rain is seeking an OCC charter for a trust bank to custody digital assets and manage or issue stablecoin reserves—not take deposits or make loans. Its application faces review as community bankers challenge the OCC’s authority to approve crypto-focused trust banks.
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A headline ties new CFTC crypto rules to FTT’s collapse and an alleged $8 billion fraud—but key details are missing. Here’s what can be verified, what remains unclear, and why FTX and its token are not the same.
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A claim says the CFTC set conditions for perpetual index futures, but names no agency action, exchange, product or effective date. What’s unverified—and why removing expiry wouldn’t remove contract risk.
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CNBC reports Fairshake and its affiliates are backing 32 House incumbents who supported the CLARITY Act, but its published list names just 30. The missing Democrats and undisclosed spending details leave key questions about the network’s political reach.
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The CFTC withdrew its 2020 interpretive guidance on certain digital-asset transactions, but the notice does not propose new trading rules or identify affected products. Here’s what the withdrawal establishes—and what remains unknown.
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Reports say FinCEN withdrew proposed rules on self-custody wallet transfers and crypto mixing, but no identifiable official notice confirms the action. The proposals’ scope, legal status and any next steps remain uncertain—leaving privacy advocates and compliance teams waiting for clarity.
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Fairshake is committing at least $6 million across six House races, backing three Democrats and three Republicans who voted for the CLARITY Act. The bill passed the House but stalled at a Senate procedural vote; exact spending allocations remain unclear.
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