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Washington State Seeks $1.03M Fine, Ban for Crypto Kiosk Firm

Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed charges against GPD Holdings LLC,…

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Coinbase adds six tokenized stocks after $228M debut

Coinbase has added six tokenized equities, including Amazon, Microsoft, and Tesla, to Base after its first batch generated $227.7 million in decentralized exchange volume within about 30 days. Summary Six new equity tokens have joined Coinbase’s initial four-stock lineup on Base. Amazon, Microsoft, Strategy, SanDisk, SpaceX, and Tesla are included in the latest release. Token…

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G20 Backs U.S. Push to Avoid New AI Regulators

Getting the United States, China, Russia and Europe to agree on artificial intelligence policy is unusual. This week, they found at least one point of common ground: governments should be cautious about creating entirely new regulatory systems for AI. All G20 members backed a U.S.-led set of principles that favors innovation, existing sectoral regulators and…

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IMF Reveals Donations Fund El Salvador Bitcoin Accumulation – Bitcoin News

Key Takeaways IMF revealed El Salvador’s Bitcoin gains were private donations, unlocking $140M in IMF funding. El Salvador agreed to end public Bitcoin buys, aligning treasury policy with IMF transparency rules. The government privatized majority control of Chivo Wallet, resolving IMF compliance concerns. IMF Certifies El Salvador’s Bitcoin Comes From Private Funding The mystery behind…

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