Citadel faces crypto backlash after urging the SEC to regulate DeFi tokenized stocks, sparking debate over innovation rules. Citadel Securities’ call for tighter regulations on decentralized finance (DeFi) platforms has stirred strong reactions from the crypto community. The proposal, which urges the U.S. Securities and Exchange Commission (SEC) to bring tokenized stocks on DeFi […]
Kenya launches a specialised crypto fraud unit as losses surge, aligning enforcement with new digital asset laws and regional cooperation. Kenya has intensified its response to cryptocurrency crime amid rapidly rising losses. Authorities are now looking for a greater level of enforcement with regulatory clarity. Consequently, the major institutional shift has been announced by the […]
Bitnomial Clearinghouse received approval from the CFTC to clear fully collateralized swaps. This regulatory milestone enables the launch of regulated crypto prediction markets. Bitnomial Clearinghouse LLC has received crucial approval from the U.S. Commodity Futures Trading Commission (CFTC). This regulatory green light helps the firm to clear up completely collateralized swaps. As a result, its […]
Tether submits a binding all-cash bid for Juventus, pledges major investment, while Exor rejects selling and control remains unchanged. Tether has submitted a binding all-cash proposal to acquire Juventus Football Club, signaling an ambitious move beyond digital finance. The offer is for Exor’s entire 65.4 per cent stake in the club. Moreover, the proposal reveals […]
Backed and Chainlink launched xBridge, the first stock bridge for tokenized stocks. The bridge ensures corporate actions are maintained across chains. Backed, a leading provider of compliant tokenized equities and ETFs, has teamed up with Chainlink. Together, they have officially deployed xBridge. This new product is the first bridge that enables the movement of tokenized […]
The Depository Trust Company (DTC) secured a No-Action Letter from the SEC. This clears the firm to launch a tokenization service for DTC-custodied assets. The Depository Trust Company (DTC) has received a No-Action Letter (NAL). This was issued by the U.S. Securities and Exchange Commission (SEC). This is a significant regulatory clearance in which the […]
Coinbase partners with Chainlink CCIP to enable seamless cross-chain transfers for Wrapped Assets, expanding their utility and reach. Coinbase has chosen Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the exclusive bridge for its wrapped assets. This partnership aims to enhance cross-chain transfers, helping Coinbase Wrapped Assets reach new blockchain ecosystems. The collaboration is expected to […]
Bitcoin drops to $90K after a cautious Fed rate cut; steady ETF inflows and easing on-chain selling shape market sentiment now. Bitcoin pulled back toward $90,000 after the Federal Reserve cut interest rates by 25 basis points and paired the move with guidance that traders viewed as cautious. Market participants waited for clearer signals […]
ASIC eases rules for stablecoin and wrapped token distribution, removing extra licensing and allowing omnibus accounts for cheaper operations. Australia’s securities regulator (ASIC) has released new rules that are expected to improve how companies handle stablecoins and wrapped tokens. ASIC said the decision creates a simpler path for businesses that work with secondary distribution. […]
Gemini received CFTC approval to operate a Designated Contract Market. This allows the firm to offer binary event contracts and potential crypto derivatives. Gemini has secured key approval from the Commodity Futures Trading Commission (CFTC). This approval grants the firm a Designated Contract Market (DCM) license. This is the official way for its Gemini Titan […]
