EMBARGOED UNTIL JANUARY 29, 10AM GST The Central Bank of the United Arab Emirates (CBUAE) has approved the country’s first dollar-backed stablecoin under the bank’s Payment Token Services Regulation (PTSR), according to a press release issued on Thursday. The issuance and management of the USDU token is managed by Universal Digital, which is regulated by […]
UAE central bank approves dollar-backed stablecoin Read More »
The Securities and Exchange Commission is pushing back against a growing market for “tokenized stocks” that look like stocks, trade like stocks, but don’t actually confer ownership, by issuing new guidance that places third-party synthetic stock products directly under traditional securities and derivatives rules. In a joint statement, the SEC’s Corporate Finance, Investment Management, and
SEC Clarifies Rules for Tokenized Stocks, Strengthens Control over Synthetic Stocks Read More »
Five Wall Street firms met with the Securities and Exchange Commission’s Crypto Working Group on Tuesday to discuss regulatory approaches to digital assets and decentralized finance (DeFi) and how tokenized securities should be treated under existing federal laws. According to the SEC memo released Tuesday, representatives from the Securities Industry and Financial Markets Association (SIFMA),
Wall Street takes tokenized securities case to SEC, flags DeFi implications Read More »
MegaETH, the much-watched high-performance layer 2 Ethereum network, announced that its public mainnet will go live on February 9, marking a major milestone for a project that has attracted a lot of attention in the scaling landscape. MegaETH is positioned as a “real-time” blockchain for Ethereum, designed to deliver ultra-low latency and massive transaction throughput.
MegaETH mainnet goes live on February 9 in major “real-time” Ethereum scaling test Read More »
Coinbase (COIN) has rolled out its new prediction market platform to US users, allowing them to trade on the outcomes of real-world events including elections, sports, collectibles and economic indicators. The platform, announced in December, is built in partnership with Kalshi, a U.S.-regulated prediction market operator recently valued at $11 billion. Kalshi offers event-based contracts
Coinbase (COIN) and Kalshi Team for Market Prediction for US Crypto Exchange Customers Read More »
The Federal Reserve held interest rates steady on Wednesday, a move that ended a sharp reversal of market expectations that once favored a rate cut in early 2026. “Job creation remained weak and the unemployment rate showed some signs of stabilization,” the central bank said in its policy statement. “Inflation remains somewhat elevated.” There were
FOMC keeps rates unchanged, as expected Read More »
With another $25 million from Ripple and $24 million from Andreessen Horowitz (a16z), the crypto industry’s leading campaign finance fund, the Fairshake political action committee, is amassing unprecedented firepower for this year’s congressional midterm elections. The crypto super PAC that exploded onto the scene during the last political cycle is expected to report that it
Optimism governance has approved a proposal that more closely ties the OP token to the economic performance of the Superchain, marking a notable shift in how one of Ethereum’s largest Layer 2 ecosystems approaches token value and revenue usage. The proposal was adopted with 84.4% of votes in favor, according to Optimism’s on-chain governance portal,
Optimism Governance Approves OP Token Buyback Plan Linked to Superchain Revenue Read More »
Stocks of bitcoin mining companies that have shifted their business plans to meet the needs of artificial intelligence (AI) infrastructure have been big winners in 2025, a trend they have continued into the new year. And if big tech companies’ profits this year are anything to go by, they could continue to benefit from the
IREN, Cipher Mining (CIFR) and Hut 8 (HUT) could contribute to AI-related gains Read More »
World Network’s WLD token (formerly Worldcoin) surged more than 27% on Wednesday after a Forbes report linked the controversial crypto project to OpenAI’s broader efforts to combat online bots. OpenAI CEO Sam Altman wants to create a “biometric social network” to help online platforms verify users and weed out AI-generated accounts, Forbes reported, citing people
