The announcement comes as stablecoins become more established in traditional finance following the passage of the GENIUS Act. Wall Street companies and banks are expanding their stablecoin initiatives, while Citi predicts the market could reach around $4 trillion by 2030. At this scale, Sussman said, concentrating reserves among a few institutions could create liquidity and […]
CoinRabbit and GoMining report: Bitcoin management matters more than mining volume
CoinRabbit and GoMining report: Bitcoin management matters more than mining volume Read More »
Robinhood (HOOD) CEO Vlad Tenev’s X account was compromised on Thursday and used to promote a fake memecoin as traders piled up tokens on the brokerage firm’s recently launched blockchain network. The now-deleted post featured a token called Vladhood ($VLAD) as the “official mascot of the Robinhood Channel” and falsely claimed it would be listed
Robinhood CEO Vlad Tenev’s X account hacked to promote token amid memecoin frenzy Read More »
A total of nine companies have formed a consortium pledging a total of $15 million over three years to support security research and open source development of Bitcoin. Companies in the newly formed Bitcoin Security Consortium include major players in the crypto market including BlackRock, Coinbase, Strategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital
The Trump administration has gone through one trade law after another to try to find a solid legal basis for imposing the high tariffs on foreign goods desired by President Trump. He’s about to try yet another approach. A 10 percent global tariff that Mr. Trump imposed in February after the Supreme Court overturned his
Trump prepares new strategy to resurrect global tariffs Read More »
The U.S. Securities and Exchange Commission (SEC) has agreed to pay $150,000 to settle a federal Freedom of Information Act (FOIA) lawsuit over its investigations into Ethereum, according to a joint status report filed July 22. History Associates Inc. and the SEC asked the U.S. District Court for the District of Columbia to dismiss the
SEC settles missing Gary Gensler texts with Coinbase Read More »
Q. Not all tokenized equity products are the same. What is the most important distinction to understand? The central question is what the token actually represents. In the strongest model, the token is the stock itself, meaning ownership, voting rights, and dividends come with it. In synthetic packaging, the investor has a contractual claim against
It’s time for tokenization to get to work Read More »
Uniswap (UNI), one of the largest and oldest decentralized exchanges, is further investing in tokenized assets, introducing functionality designed to allow regulated securities to be traded on the platform without sacrificing compliance requirements. Decentralized exchange developer Uniswap Labs is rolling out “permissioned pools” on Thursday, infrastructure that allows issuers of tokenized funds, stocks and other
Uniswap (UNI) goes deeper into tokenized RWAs with permissioned trading pools Read More »
Solomon’s endorsement contrasts with growing opposition from other top banking executives, including JPMorgan Chase CEO Jamie Dimon, who has argued that the legislation could disadvantage traditional banks by allowing crypto companies to offer yield-generating stablecoin products that resemble bank deposits without being subject to the same regulatory framework. Speaking to Fox Business in May, Dimon
Disclosure and Policies: CoinDesk is an award-winning media outlet covering the cryptocurrency industry. Its journalists adhere to a strict set of editorial policies. CoinDesk has adopted a set of principles to ensure the integrity, editorial independence, and lack of bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), a global institutional-focused digital asset platform
The KIDS law is much worse than the digital card: it is a system of mass surveillance Read More »
