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Crypto Regulation

Treasury chief pledges to bridge crypto oversight divide

Scott Bessent stated the department will resolve regulatory inconsistencies between federal agencies without waiting for legislation. He viewed stablecoins as a mechanism to strengthen the dollar and boost demand for government debt.

Part of a series: US agencies adjust crypto oversight approach

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FEC Cyberattack

FEC services offline after attempted cyberattack

The Federal Election Commission temporarily suspended public services following a reported cyberattack attempt that began Monday night. Officials have not confirmed a successful breach, and the agency is working to restore its electronic filing system.

Polymarket

CFTC probes Polymarket over alleged US user access violations

The Commodity Futures Trading Commission is investigating whether Polymarket breached a 2022 agreement restricting US users. The agency is reviewing the platform's advertising, customer onboarding, and protective controls.

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