Ripple Labs is expanding its US dollar-backed stablecoin RLUSD to Ethereum layer-2 blockchains as part of a pilot while it awaits regulatory approval for a full rollout next year. In partnership with Wormhole, a crosschain […]
Memecoins are not dead because the market is down and the narrative has faded, according to president of payment infrastructure company MoonPay, Keith A. Grossman, who said that memecoins will be back but in a […]
Michael Saylor’s pitch to integrate Bitcoin reserves into regulated banking Michael Saylor, executive chair of Strategy, has suggested that national governments consider developing a novel type of financial system: regulated digital banking platforms backed by […]
TIX, a settlement layer for the live-events industry, has emerged from stealth to apply decentralized finance (DeFi) lending and onchain settlement to a sector that has long functioned like a private credit market. To date, […]
The Commodity Futures Trading Commission has issued “no-action” letters to a group of prediction markets, exempting them from requirements related to swap data reporting and record-keeping regulations. The CFTC’s Division of Market Oversight and the […]
The New York Stock Exchange has become the sixth host of Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue — a striking shift from just a few years ago when crypto was still taboo on Wall Street. […]
Web3 gaming giant Animoca Brands has partnered with decentralized finance platform Solv Protocol to help large Bitcoin holders in Japan generate yield from their holdings. The partnership aims to combine Solv’s infrastructure with Animoca Brands’ […]
There are at least 400,000 fewer Bitcoin on exchanges compared to the same time last year, in a positive sign for the market, according to the market intelligence platform Santiment. Over 403,000 Bitcoin (BTC) have […]
Crypto giant Binance has been granted three separate licenses from Abu Dhabi’s financial regulator, providing a green light to operate its exchange, clearing house and broker-dealer services under the Financial Services Regulatory Authority’s (FSRA) regulatory […]
The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital […]
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