Crypto News

Regulatory developments are dominating crypto headlines today, with Canada drafting stablecoin rules that cap redemption fees at 1% and ban yield, while the US OCC is actively encouraging community banks to become payment stablecoin issuers, signaling growing institutional interest in crypto infrastructure. Meanwhile, security concerns have emerged with Keystone hardware wallets facing potential destruction following a significant breach affecting nearly 19,000 devices, and India's CoinDCX exchange disclosed a $16 million loss after its CEO initially downplayed suspicious transfers. On the market side, decentralized prediction platform Polymarket continues to draw attention with volatile trading, including whales losing millions on Premier League upsets.