Dems Vow Oversight of Reported DOJ Probe into Binance

Published at 2026-03-13 04:45:09

Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego have pledged to ensure the Justice Department follows through on a reported probe into Binance, calling for a thorough and transparent investigation. The lawmakers said they will use oversight tools to monitor progress and demand accountability if the probe uncovers wrongdoing, signaling a coordinated legislative response to high-profile enforcement activity.

The move matters because Binance is among the largest crypto exchanges and any major enforcement action could affect market confidence, customer access and ongoing regulatory debates. Heightened Congressional attention increases the likelihood of follow-up hearings, disclosure requests and potential legislative proposals aimed at tighter oversight of exchanges and stronger consumer protections in the crypto sector.

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The Bitcoin Policy Institute has pushed back on Basel-derived capital rules it calls “toxic,” urging U.S. regulators to treat Bitcoin appropriately as the Federal Reserve advances proposals to implement the Basel framework. The group's action could influence how banks are allowed to custody, lend, or hold crypto exposures.

RegulationBitcoinPolicyBaselFederal Reserve

Published at 2026-03-13 06:00:09

Hong Kong Publishes First Licensed Stablecoin Issuers List

Hong Kong has published its first list of applicants shortlisted for stablecoin licences, with HSBC, Anchorpoint (a Standard Chartered–backed JV) and OSL Group reportedly among the three names. The move signals regulatory progress toward licensed onshore stablecoin issuance.

StablecoinHong KongHSBCStandard CharteredOSLRegulation

Published at 2026-03-13 02:00:07

Ghana Establishes Structured Licensing Regime for Crypto Sector

Ghana's Securities and Exchange Commission has launched a regulatory sandbox under the Virtual Asset Service Providers Act to create a clearer licensing path for crypto firms. The framework aims to balance innovation with investor protection and regulatory oversight.

RegulationCryptoGhanaVirtual AssetsSecuritiesSandbox

Published at 2026-03-13 00:00:15

U.S. Freezes Crypto Network That Funneled $800M to North Korean Weapons Program

The U.S. Treasury sanctioned eight individuals and entities and moved to freeze a cryptocurrency network accused of channeling nearly $800 million to North Korea’s nuclear and missile programs. The funds were raised through a global scheme that impersonated tech workers to bilk U.S. companies.

North KoreaCryptocurrencyU.S. TreasurySanctionsAML

Published at 2026-03-13 00:00:07

FDIC Chair to Bar Pass-Through Insurance for Payment Stablecoins

The FDIC plans to propose rules that would prevent payment stablecoins from qualifying for pass-through deposit insurance, drawing a regulatory line between tokenized bank deposits and crypto-native stablecoins. The move could force issuers to rethink custody and funding models.