KULR Technology sold 333 BTC for about $21.5 million and used the proceeds to clear its $20 million Coinbase Credit facility, releasing 565 BTC of pledged collateral.
SEC Commissioner Hester Peirce said crypto vaults and onchain lending strategies can fall under federal securities laws when their structure and management resemble regulated financial products.
Ledn added Tether Gold XAUT and USDT loan rails, turning tokenized gold into collateral for a new crypto lending push.
The CFTC permanently barred Celsius founder Alex Mashinsky from regulated commodity trading after resolving its fraud case over the failed crypto lender.