Key Takeaways Sygnum and Debifi launched MultiSYG, a bitcoin-backed loan product secured by a multisig wallet.The product appears to be the first of its kind offered by a regulated bank.The partners say collateral is held […]
Opinion by Katie Harries, head of policy, Europe, Coinbase The United Kingdom is approaching a choice that could define its financial future: should decentralized finance (DeFi) be allowed to develop through regulated gateways or will […]
Key Takeaways Microsoft, Alphabet and Goldman Sachs formally objected to OKXICE’s proposed tokenized stock trading.Andrew Cuomo defended OKXICE’s blockchain ambitions during an Oct. 20 press conference.OKXICE’s SEC exemption allows issuers to object to third-party tokenization […]
Some of the biggest banks in the United Kingdom are facing fresh scrutiny over cryptocurrency transfer restrictions after thousands of customers reported difficulties moving money to crypto platforms. Crypto advocacy group Stand With Crypto said […]
Key Takeaways Nine U.S.-listed companies, including Broadcom and Verizon, formally objected to OKXICE tokenized shares.OKXICE’s Oct. 15 notice identifies nine issuers opposing the venue’s third-party tokenization model.OKXICE’s planned 24/7 stock market faces issuer objections despite […]
Affiliates of the Fairshake political action committee (PAC), largely funded by Coinbase and Ripple Labs, have increased their initially announced expenditures by more than 50% in what could be a key race for control of […]
Key Takeaways Arthur Hayes told Convergence host Luke Martin on Oct. 16 that AI model companies are “worthless.”The Nasdaq 100 fell 2.5% on Oct. 16 as chip stocks posted their longest losing streak since 2008.Hayes […]
A US federal judge has rejected a joint request by crypto exchange Gemini and the Commodity Futures Trading Commission (CFTC) to overturn a $5 million settlement, despite the regulator’s conclusion that it would not have […]
Key Takeaways The U.S. became a net bitcoin importer for the first time since 2022, driven by transfers exceeding $10 million.Americans favor bitcoin as a store of value, while the rest of the world uses […]
Crypto exchange Binance is shutting down its mining pool and related services in November, ending an operation that has been running for over six years. On Tuesday, Binance said it would discontinue Binance Pool on […]
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