The Commodity Futures Trading Commission’s flagship Chicago enforcement office, historically known as the agency’s “top cop,” has been completely eliminated, with all its enforcement attorneys now gone. This drastic dismantling coincides with the CFTC’s aggressive push to expand its regulatory jurisdiction over the vast cryptocurrency market and the burgeoning, sports-dominated prediction market sector. The timing raises profound questions about the agency’s capacity to police these complex, high-risk industries effectively during a period of rapid market growth and innovation.
about CFTC's Top Cop Office Wiped Out Amid Crypto Expansion PushMoonPay
1 in Finance and 0 in Crypto last weekBitcoin Groups Push Congress for Crypto Tax Exemptions
A powerful coalition of Bitcoin advocacy groups is pressing U.S. congressional tax leaders to dramatically expand proposed cryptocurrency tax exemptions, arguing that limiting relief solely to dollar-pegged stablecoins would fail to solve the compliance nightmare facing millions of Americans. In a letter to key committee chairmen, the groups warn that without extending “de minimis” exemptions to Bitcoin and major network tokens, the IRS’s treatment of crypto as property will continue to stifle everyday use, just as new, stringent broker reporting rules are set to take effect in 2025.
about Bitcoin Groups Push Congress for Crypto Tax ExemptionsRumble Launches Crypto Wallet with Tether and MoonPay
Publicly traded video platform Rumble has launched Rumble Wallet, a non-custodial crypto wallet embedded directly into its service, built with support from stablecoin giant Tether and payments infrastructure provider MoonPay. The wallet, supporting Tether’s USDT and XAUT tokens alongside Bitcoin, aims to empower the platform’s creator economy through crypto payments and tipping. However, the strategic product launch coincides with significant financial struggles for Rumble, whose stock (RUM) has fallen more than 50% over the past year.
about Rumble Launches Crypto Wallet with Tether and MoonPayGem Wallet Unifies Cross-Chain USDT with Swaps, Bridges & Security
As the $140 billion USDT stablecoin market grapples with cross-chain complexity and rising security threats, Gem Wallet has launched a unified infrastructure solution. The fully open-source, self-custody wallet integrates swaps, bridges, and anti-scam protection across 10+ blockchains, aiming to consolidate the fragmented stablecoin experience that has forced users to navigate high fees, multiple wrapped versions, and sophisticated attacks like address poisoning.
about Gem Wallet Unifies Cross-Chain USDT with Swaps, Bridges & SecurityMoonPay Nears $5B Valuation with ICE Investment & CFTC Chair Hire
Cryptocurrency payment platform MoonPay is on the cusp of a transformative moment, with two major developments signaling its ascent into the financial mainstream. The company is reportedly finalizing a significant investment from Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), targeting a valuation of approximately $5 billion. Simultaneously, it has secured a major regulatory coup with the appointment of Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), as its new chief legal and administrative officer. This dual thrust of institutional capital and top-tier regulatory expertise positions MoonPay to compete directly with established giants like Coinbase (COIN) and PayPal.
about MoonPay Nears $5B Valuation with ICE Investment & CFTC Chair HireExodus & MoonPay Launch USD Stablecoin for Self-Custodial Payments
In a strategic move to bridge digital assets with everyday commerce, the Exodus Movement has announced a partnership with crypto payments giant MoonPay to launch a fully reserved US dollar stablecoin. Scheduled for early 2026, this new stablecoin will be integrated directly into the Exodus Pay feature, enabling users to conduct routine transactions while maintaining full self-custodial control over their funds—a significant development in the evolution of consumer-facing crypto payments.
about Exodus & MoonPay Launch USD Stablecoin for Self-Custodial PaymentsMoonPay President: Memecoins’ Real Value Lies in Tokenizing Attention
In a pointed critique of prevailing narratives, MoonPay President Keith A. Grossman argues that memecoins have been fundamentally misunderstood. Far from being mere internet jokes or symbols of financial nihilism, their core innovation lies in blockchain’s ability to tokenize attention cheaply and efficiently, potentially democratizing the attention economy. Grossman contends that despite a fading hype cycle and depressed market, memecoins are not dead but will re-emerge in a more evolved form, provided the technology can solve the critical issue of value distribution.
about MoonPay President: Memecoins' Real Value Lies in Tokenizing AttentionXRP Surges on ETF Approval & 589 Meme Revival
XRP finds itself at a familiar crossroads this week, caught between tangible regulatory progress and resurgent community mythology. The Cboe BZX Exchange’s approval of the 21Shares XRP ETF (TOXR), seeded with $226 million from Ripple Markets, provides a concrete institutional pathway. Simultaneously, the revival of the long-dormant “589” price-target meme, triggered by posts from MoonPay and the Solana Foundation, has electrified social media channels. This collision of infrastructure development and symbolic narrative has reignited the core debate: is XRP building sustainable institutional momentum, or is it merely riding another wave of retail-driven speculation?
about XRP Surges on ETF Approval & 589 Meme RevivalHow to Buy Crypto Instantly with Credit/Debit Cards on BitMEX
Credit and debit cards have emerged as a mainstream gateway for instantly acquiring cryptocurrency, effectively bridging traditional finance with the digital asset ecosystem. For traders on platforms like BitMEX, this integration offers a familiar, swift path to purchase Bitcoin (BTC) and fund trading accounts without the delays of conventional banking channels. This article explores the strategic advantages of card-based crypto purchases and provides a clear guide to leveraging this method on the BitMEX exchange.
about How to Buy Crypto Instantly with Credit/Debit Cards on BitMEXMoonPay Gains NYDFS Trust Charter for Crypto Services
Cryptocurrency payments company MoonPay has achieved a significant regulatory milestone, receiving a trust charter from New York’s Department of Financial Services that expands its regulated service offerings in the state. This approval follows the company’s BitLicense acquisition in June, positioning MoonPay among an elite group of crypto firms authorized to operate under both regulatory frameworks. The dual approval enables MoonPay to provide cryptocurrency custody and over-the-counter trading services to New York customers, marking a crucial step in bridging traditional finance with digital asset infrastructure.
about MoonPay Gains NYDFS Trust Charter for Crypto ServicesRipple Acquires Palisade as RLUSD Hits $1B, XRP Tumbles
Ripple’s strategic expansion continues with the acquisition of crypto custody provider Palisade, while its stablecoin RLUSD achieves a significant $1 billion market cap milestone. However, these corporate developments contrast sharply with XRP’s market performance, which has tumbled 14% in the past week to approximately $2.25, creating a complex narrative for investors navigating the cryptocurrency landscape.
about Ripple Acquires Palisade as RLUSD Hits $1B, XRP TumblesRumble Adds Bitcoin Tipping via Tether Partnership
Video sharing platform Rumble is partnering with stablecoin issuer Tether to integrate Bitcoin tipping functionality for its creators, marking the latest expansion of cryptocurrency capabilities on the anti-censorship platform. The feature, currently in testing and expected to launch fully by mid-December, represents a strategic move to enhance creator monetization amid declining user numbers and challenging stock performance for the YouTube competitor.
about Rumble Adds Bitcoin Tipping via Tether Partnership