Senate Confirms Mike Selig as CFTC Chair, Resetting the U.S. Crypto Enforcement Playbook
The U.S. Senate has confirmed Mike Selig as CFTC chair, ending a period of acting leadership at the commodities regulator. With Congress still debating expanded crypto authority for the agency, attention now turns to how enforcement priorities and regulatory coordination may evolve under permanent leadership.
SoFi Bank Launches SoFi Stablecoin on Ethereum, Targeting Enterprise Payments Infrastructure
SoFi Bank has launched SoFiUSD, a fully reserved dollar-backed token on Ethereum aimed first at enterprise payments and settlement. The move positions the stablecoin as backend financial infrastructure rather than a consumer crypto product.
Coinbase Expands Its European Footprint With BLIK Integration in Poland
Coinbase has integrated BLIK in Poland, allowing users to fund accounts and purchase crypto through one of the country’s most widely used payment methods. The move reflects a broader strategy to align the platform with local payment habits and domestic financial infrastructure across Europe.
Visa Brings USDC Settlement to U.S. Banks, Cementing Stablecoins as Financial Infrastructure
Visa has launched USDC settlement for select U.S. banks, allowing institutions to settle obligations using Circle’s dollar-backed stablecoin on blockchain rails. The phased rollout begins on Solana and signals a shift toward stablecoins as core financial infrastructure.
SAFE Crypto Act Targets Crypto Scams With Treasury-Led Enforcement and Stablecoin Recovery
The SAFE Crypto Act proposes a Treasury-led task force focused on improving how crypto scams are detected, disrupted, and enforced. Rather than rewriting crypto rules, the bill targets coordination failures that slow down intervention and recovery.
