The U.S. cryptocurrency industry has flexed its campaign finance might to help unseat old leaders and elevate new allies in Texas and other states as the congressional midterm season approaches its full potential, although the arrival of new political action committees may challenge the sector’s meticulous bipartisanship. Fairshake is still an unrivaled channel for securing […]
Coinbase, Kraken, Binance.US and more than 40 crypto companies launched an industry alliance Wednesday supporting standardized token disclosure, aiming to bring stock-like transparency to digital asset markets where investors often have limited visibility into what they are buying. The Transparency Alliance, organized by Blockworks, will use the company’s Token Transparency Framework as a shared benchmark
The Depository Trust & Clearing Corporation (DTCC), Wall Street’s clearinghouse, announced plans on Wednesday to connect its tokenized securities platform to the Stellar (XLM) network, expanding Wall Street firms’ broader efforts to move traditional financial assets (TradFi) onto the blockchain rails. Tokenized assets held by DTCC’s Depository Trust Company could become available on Stellar in
A forty-year-old Texas bank is entering the national stage to challenge Wall Street’s efforts to take over the digital assets industry. United Texas Bank (UTB) received approval from the Office of the Comptroller of the Currency (OCC) to transition from a state-chartered financial institution to a nationally chartered bank on May 15, Scott Beck, the
Wall Street Gets New Crypto Rival After Bank of Texas Completes Regulatory Pivot Read More »
Robinhood (HOOD) offers retail traders a new way to automate investing: letting artificial intelligence make decisions and execute trades on their behalf. Customers can now connect third-party AI agents to Robinhood accounts to manage trading activities and even make purchases through virtual credit cards, Robinhood announced Wednesday. The rollout includes two products, Agentic Trading and
Robinhood lets AI trade for you so you don’t have to keep checking the markets Read More »
Elon Musk could soon control one of the biggest Bitcoin companies BTC$75,807.15 holdings on the public markets if Tesla and SpaceX ultimately merge, according to reports surrounding the companies’ ongoing internal discussions about merging. CNBC reported Tuesday that Musk had discussed with colleagues the possibility of merging Tesla and SpaceX, citing people familiar with the
Jefferies said it expects a new wave of crypto and blockchain-related public listings as institutional adoption of digital asset infrastructure accelerates on Wall Street and in the payments industry. In a report released after its first digital assets investor conference in New York, Jefferies said it expects crypto-related public listings to increase over the next
A major experiment by the Bank for International Settlements (BIS) has found that tokenization could help solve some of the biggest problems in cross-border payments, from slow settlement times to costly reconciliation between banks. The Agorá Project, a joint effort of the BIS, seven central banks and more than 40 private financial institutions, concluded that
During the recent Senate review of the Digital Asset Market Clarity Act (CLARITY), Senator Angela Alsobrooks (D-MD) shared a story that should resonate with every American parent. She spoke about her twenty-year-old daughter and her daughter’s generation – their intuitive interest in digital assets and their desire for a modern financial system that provides both
Why the Senate must finish work on digital assets Read More »
Block’s Cash app has quietly started rolling out its highly anticipated stablecoin payments feature, a source familiar with the matter told CoinDesk on Wednesday. According to this person, the feature is now active for 25% of Cash App’s nearly 60 million users, and they expect to reach 100% by the end of the week. Block
