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OCC unveils GENIUS Act rulebook for U.S. payment stablecoins

OCC’s GENIUS Act rule drafts 100%‑reserved payment stablecoin regime, tightening oversight. Summary Draft rule covers full payment stablecoin lifecycle: issuance, reserves, supervision, and wind-down procedures. Only authorized GENIUS-compliant issuers may serve U.S. users, with 1:1 reserve, capital, liquidity, audit, and custody standards. OCC and NCUA gain direct authority over bank, [...]

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ZachXBT accuses Axiom employees of insider trading, Polymarket bettors net in millions

A new investigation claims that employees at crypto trading platform Axiom abused internal tools to access private user data and profit from insider trading. Summary ZachXBT released a report accusing Axiom Exchange employees of misusing internal tools to track private wallets. The investigation linked leaked dashboards, recorded calls, and on-chain data to alleged [...]

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