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Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins
Regulation & Politics

Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins

Covered issuers would generally have two business days to redeem tokens, while bank applications would follow the GENIUS Act's 120-day decision clock.
Block Adds Bitcoin Lightning to x402 Standard
Infrastructure

Block Adds Bitcoin Lightning to x402 Standard

The Lightning payment specification has been merged into x402’s repository, while a Python implementation still awaits review and real-node testing.
Ethereum Draft Proposes Compliance Controls for Confidential RWA Tokens
Infrastructure

Ethereum Draft Proposes Compliance Controls for Confidential RWA Tokens

The draft keeps amounts confidential but preserves issuer enforcement powers, tackling requirements behind institutional interest in permissioned networks.
Tokenized-Stock Holder Count Reaches 4.3 Million, Led by BNB Chain
TradFi & Fintech

Tokenized-Stock Holder Count Reaches 4.3 Million, Led by BNB Chain

Robinhood Chain ranks second with 1.3 million holders, ahead of Solana’s 997,000, in Token Terminal’s latest update. The metric measures token balances, not distinct investors.
Gnosis Pay Sets Dec. 20 Card Shutdown as It Shifts to B2B
TradFi & Fintech

Gnosis Pay Sets Dec. 20 Card Shutdown as It Shifts to B2B

Funds in users’ Safes will remain accessible after the cutoff, but continued card spending will require a partner account and a replacement card.
IBM Connects Digital Asset Haven to Swift Ledger in Beta
TradFi & Fintech

IBM Connects Digital Asset Haven to Swift Ledger in Beta

Banks can instruct tokenized-deposit transactions using existing payment messages, while final settlement remains on established banking systems.
ARK Launches Tokenized Venture Fund on Ethereum With $500 Minimum
TradFi & Fintech

ARK Launches Tokenized Venture Fund on Ethereum With $500 Minimum

US retail investors can subscribe through Securitize, while fund buybacks remain limited to quarterly repurchase offers.
Morgan Stanley, Oliver Wyman See Tokenized Assets Reaching $2.3 Trillion by 2030
TradFi & Fintech

Morgan Stanley, Oliver Wyman See Tokenized Assets Reaching $2.3 Trillion by 2030

Collateral mobility accounts for about $1.7 trillion of the base-case forecast, with reserve and treasury management contributing another $400 billion.
New York Sues Polymarket US Over Unlicensed Gambling
Regulation & Politics

New York Sues Polymarket US Over Unlicensed Gambling

Attorney General Letitia James asks a Manhattan court to shut the CFTC-designated exchange out of the state, award three times its gains, and impose $100,000 for each sports contract it offered.
Ondo Leads An Overnight Altcoin Bid As Bitcoin Holds Near $84,000
Markets

Ondo Leads An Overnight Altcoin Bid As Bitcoin Holds Near $84,000

Ondo rose more than 20% after putting three BlackRock-designed portfolios onchain. Litecoin added 18% with no announcement behind it. Bitcoin and ether traded lower while 51 of 60 large-cap tokens screened on Kraken sat above their 00:00 UTC open. The 10-year Treasury par yield closed Wednesday at 5.11%, and Polymarket now prices an October rate increase at 68%.