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Revolut Starts EURR Rollout With Bridge as Regulated Issuer
TradFi & Fintech

Revolut Starts EURR Rollout With Bridge as Regulated Issuer

Revolut opens EURR to selected customers in three countries; Bridge reported €374 outstanding, compared with €394.5 million of Circle’s EURC.
SEC Crypto Custody Rewrite Enters White House Review
Regulation & Politics

SEC Crypto Custody Rewrite Enters White House Review

The planned rule would cover advisers and investment companies and clarify digital-asset custody, following the withdrawal of a separate 2023 proposal.
SEC
Regulation & Politics

SEC Clears Tokenized Stocks To Trade Onchain As CFTC Widens Software Relief

The Securities and Exchange Commission issued a five-year conditional exemption on Thursday letting tokenized National Market System (NMS) stock trade on permissioned automated market makers (AMMs), and Commodity Futures Trading Commission staff opened introducing-broker relief to passive software providers across the industry the same morning. Both actions came two days after the Senate blocked the CLARITY Act and a day after the two chairmen said they would write crypto rules without it. Uniswap's token rose 19.8% over 24 hours.
SEC
Regulation & Politics

a16z And DeFi Education Fund Ask SEC To Put DEXs Outside Exchange Registration

The two groups submitted a joint proposal to Commissioner Hester Peirce for a safe harbor that would create a rebuttable presumption that decentralized exchange protocols and their front-ends are not exchanges under the Exchange Act. a16z filed a second letter the same day asking the SEC to build a registration regime for centralized crypto trading platforms modeled on the 1998 alternative trading system rules. Both letters are dated Sept. 14, three days before the SEC issued its Innovation Exemption for tokenized stock venues.
Ondo Finance
TradFi & Fintech

Near Adds Ondo’s Tokenized Stocks With Confidential Execution

near.com began offering Ondo Finance’s tokenized U.S. stocks and exchange-traded funds (ETFs) on Tuesday, letting users buy them with crypto held across more than 30 networks. The companies said the trades are not broadcast publicly. The tokens are not available to U.S. persons or in Canada. NEAR rose 7.1% over 24 hours.
CME Group to List Bitcoin Cash and Uniswap Futures Oct. 19
Markets

CME Group to List Bitcoin Cash and Uniswap Futures Oct. 19

The two contracts would take the exchange's single-token crypto lineup to eleven, seven of them added this year.
Circle and Binance
TradFi & Fintech

Binance Takes $100 Million Circle Stake And Renews The USDC Deal Circle Pays For

Circle sold Binance 1,237,011 shares at $80.84, a five percent discount to the Sept. 17 close, and agreed to keep paying the exchange a monthly fee tied to USDC balances, an SEC filing shows.
Mastercard-Owned BVNK Adds Stellar Rail for Stablecoin Payments
TradFi & Fintech

Mastercard-Owned BVNK Adds Stellar Rail for Stablecoin Payments

The stablecoin infrastructure firm Mastercard bought for up to $1.8 billion says the integration is live across its 130-plus markets, with more Stellar-native assets to follow.
Kamui Finance Brings Three Institutional Real-World Asset Vaults Live Onchain, Integrated With DigiFT, Hastra Prime, Midas
TradFi & Fintech

Kamui Finance Brings Three Institutional Real-World Asset Vaults Live Onchain, Integrated With DigiFT, Hastra Prime, Midas

Kamui Finance today announced bringing its first three real-world asset (RWA) vaults live onchain along with its operational infrastructure, giving professional and sophisticated investors different levels of exposure to tokenized real-world assets.
Coinbase Opens IPO Allocations to US Retail Investors With Oura
TradFi & Fintech

Coinbase Opens IPO Allocations to US Retail Investors With Oura

Eligible US customers can request shares at the offer price before trading begins, but allocations depend on supply from underwriters and investor demand.