Flash News

TREE NEWS update: Peach Bitcoin, a peer-to-peer bitcoin exchange, has temporarily suspended its non-KYC custody service. This move likely responds to regulatory pressure or security concerns, impacting users who relied on the service for anonymous transactions.

TREE NEWS update: Texas Governor Greg Abbott has ordered state agencies to cease funding for AI-powered license-plate readers made by Flock Safety, following mounting privacy complaints and scandals involving officer misuse. The decision marks a significant regulatory setback for the company’s surveillance technology in the state.

TREE NEWS update: North Korean hackers have transferred tens of millions of dollars on Hyperliquid, a decentralized exchange. Meanwhile, former President Trump is advocating for the platform to be based in the US, highlighting the intersection of crypto security and politics.

TREE NEWS update: Bitcoin treasury firm Strategy has criticized MSCI’s proposal to exclude it from its Global Investable Market Indexes, calling it ‘misguided’ and ‘flawed’. In a letter to MSCI, founder Michael Saylor and CEO Phong Le argued that the proposal discriminates against digital asset businesses, marking a second time such firms are being targeted.

TREE NEWS update: Bloomberg reports Hyperliquid is in advanced talks with Kraken’s parent, Payward, to route US traders through CFTC-regulated Bitnomial for perpetuals. Neither company has confirmed the deal, which would mark a major expansion of Hyperliquid’s derivatives offering into the US market.

TREE NEWS update: Kalshi has permanently banned former U.S. Representative George Santos for manipulating its prediction market on the State of the Union address. The exchange accused Santos of attempting to profit from insider knowledge, violating its terms of service.

TREE NEWS reports: Ireland’s planned investment accounts will offer tax benefits for stocks, bonds, and ETFs, but exclude crypto and derivatives due to their higher-risk nature. This decision reflects a cautious regulatory stance toward digital assets in retail investment products.

TREE NEWS update: Sberbank’s deputy chairman revealed that crypto trading volumes could reach 4 trillion rubles ($46B) in the first year, pending regulatory approval. The bank also plans to expand crypto-backed lending, including Ethereum and USDT-backed loans, once regulators sign off.

TREE NEWS update: The U.S. Securities and Exchange Commission (SEC) and the Food and Drug Administration (FDA) announced today that they have entered into a Memorandum of Understanding (MOU) to enhance cooperation and ensure market integrity. The agreement aims to assist both agencies in carrying out their respective missions. Further details were not immediately disclosed.

TREE NEWS reports: Coinbase and Webull are expanding their crypto trading and custody services to Canada, marking a significant step in their international growth. This move brings regulated digital asset services to Canadian users, potentially increasing adoption in the region.

TREE NEWS update: Webull is bringing crypto trading to Canadian users via a partnership with Coinbase, adding digital assets to its existing stocks, ETFs, and options offerings. This move comes as Canadian crypto adoption rises and regulators move toward clearer industry rules.

TREE NEWS update: Former SEC and CFTC officials have called for relaxed regulations to lure crypto perpetual futures trading back to the US. They argue that overly strict oversight is driving the market offshore, and propose a more balanced framework to foster innovation while maintaining investor protection.

TREE NEWS update: Offshore crypto perpetual trading volume surpassed $9 trillion in 2025, up from about $2.8 trillion two years ago, per Kalshi. Former SEC and CFTC officials, including Chris Giancarlo, urged regulators to align oversight with actual risk to reduce compliance burdens and attract liquidity back to the US. The SEC and CFTC are advancing rulemakings, with a comment period open until October 20.

TREE NEWS reports: Former SEC and CFTC officials are advocating for a more lenient regulatory approach to bring crypto perpetual futures trading onshore, warning that burdensome rules will keep the $90 trillion market offshore. They urge the agencies to act despite the Clarity Act being stalled in Congress.

TREE NEWS update: Hyperliquid Labs is in advanced negotiations with Payward, Kraken’s parent company, to offer Hyperliquid ecosystem perpetual futures to US traders through its exchange Bitnomial. If regulatory approval is secured, US users could trade perpetuals linked to token prices on the Hyperliquid blockchain. This comes as Hyperliquid accelerates its US expansion, following President Trump’s remarks about supporting its entry into the US market.

TREE NEWS update: Russia’s Sberbank projects $46.4 billion in trading volume during the first year of its crypto operations, as the country accelerates regulation of digital assets. Bitcoin trading is expected to be a major driver, according to a report from Bitcoin Magazine.

TREE NEWS reports: Russia’s largest bank, Sberbank, plans to accept Bitcoin, Ethereum, and Tether as loan collateral, contingent on new crypto regulations and approval from the Bank of Russia. This move signals growing institutional adoption of digital assets in Russia.

TREE NEWS reports: The US SEC is reportedly considering eliminating rules that allow shareholders to submit proxy proposals, a move that could significantly impact corporate governance and shareholder activism. This development may have implications for crypto companies and the broader financial markets.

TREE NEWS update: Kalshi has imposed its first lifetime trading ban on former U.S. Congressman George Santos. The ban follows Santos’s use of the prediction market platform, marking a significant enforcement action by the exchange.

TREE NEWS update: Sony is defending against a California class action over its ‘Buy Now’ buttons by arguing that digital games are licensed, not owned, and has asked the court to send the case to arbitration. The outcome could impact consumer rights and the broader digital ownership debate.