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NewsDesk
The wire: crypto and markets news from other outlets, newest first.
AI summaryStories from the outlets we follow, summarised by AI and linked to the original. A story whose AI summary is not ready is held for an editor; older items may still show the outlet’s own summary, quoted and labelled. Bullish, Bearish and Neutral are an AI reading of a story’s tone, not investment advice.6 publishers843 storiesWhere AI is used
Binance finance chief Kaiser Ng to leave after five years, Yi He says
Binance's chief financial officer, Kaiser Ng, is leaving the exchange after more than five years, co-CEO Yi He said. Justin Yek, formerly of Airwallex, will replace him.
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On the Wire
Stories from our sources, newest first, each credited to the publisher and linked to the original.
SEC issues staff guidance on crypto after CLARITY Act vote fails
The SEC updated its crypto FAQs days after the Senate failed to pass a market structure bill, following similar guidance from the CFTC. Commissioner Hester Peirce also said she will resign.
Goldman Sachs opens $100bn Treasury fund FTIXX to crypto firms via Lynq
Goldman Sachs is offering its roughly $100bn Treasury fund FTIXX through Lynq, a settlement network for digital-asset firms, without tokenising the fund.
Citi and Coinbase widen stablecoin payments deal for business clients
Citi is extending its Coinbase partnership so corporate clients can send and accept stablecoin payments, with Coinbase handling the crypto rails and conversions. The services launch first in the US.
Diesel export ban would hit every major economy, Devere warns
Nigel Green of Devere Group says US diesel export curbs would spread higher fuel costs worldwide, while the oil industry warns they could cut American refining output.
Crypto PAC spends $11.4m against Sherrod Brown in Ohio Senate race
Defend American Jobs, tied to the Coinbase- and Ripple-backed group Fairshake, reported the spending in a filing, part of a pledged $30m push in Ohio.
Peirce leaves SEC after decade, saying crypto rules still unfinished
Hester Peirce steps down as SEC commissioner on 2 October, leaving Paul Atkins and Mark Uyeda as the agency's only leaders while crypto legislation stalls in the Senate.