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Latest Clarity Act Draft Bans Rewards on Passive Stablecoin Balances
Regulation & Politics

Latest Clarity Act Draft Bans Rewards on Passive Stablecoin Balances

Activity-based rewards are allowed, but anything ‘economically equivalent to interest’ is barred.
Invesco to Manage Superstate's Tokenized US T-Bill Fund
TradFi & Fintech

Invesco to Manage Superstate's Tokenized US T-Bill Fund

Invesco, with over $2T in AUM, will become the first TradFi asset manager to use Superstate's digital transfer agent infra.
Ethereum Foundation Launches Post-Quantum Research Hub
Blockchains

Ethereum Foundation Launches Post-Quantum Research Hub

The EF's Post-Quantum and Cryptography teams have consolidated an 8-year research push into an open resource with a roadmap and specifications.
Securitize and NYSE cover image
TradFi & Fintech

NYSE Taps Securitize to Develop Tokenized Securities Trading Infra

Securitize will become the first digital transfer agent eligible to mint blockchain-based securities on NYSE's upcoming Digital Trading Platform
BMO launches tokenized cash and deposits on CME's 24/7 settlement network: Bank of Montreal
TradFi & Fintech

BMO launches tokenized cash and deposits on CME's 24/7 settlement network: Bank of Montreal

Bank of Montreal enables clients to convert dollars into tokenized cash on CME and Google Cloud's Universal Ledger for round-the-clock margin, collateral and B2B payments.
Bitcoin Hovers Around $70,000 as Crypto Stocks Plunge
Markets

Bitcoin Hovers Around $70,000 as Crypto Stocks Plunge

Circle stock fell 19% after the latest Senate draft of the Clarity Act included restrictions on stablecoin yield.
Tether Engages Big Four Firm for First Full Audit
Regulation & Politics

Tether Engages Big Four Firm for First Full Audit

The issuer of the largest stablecoin by market cap has been under scrutiny for years for not conducting a full financial audit
Balancer Labs wind down
DeFi

Balancer Proposes Winding Down Labs, Ending BAL Emissions in Sweeping Reset

Five months after a $128M exploit rocked the protocol, Balancer is proposing its most radical restructuring yet.
Bitmine’s Tom Lee Calls Crypto a 'Wartime Store of Value'
TradFi & Fintech

Bitmine’s Tom Lee Calls Crypto a 'Wartime Store of Value'

The largest Ethereum treasury company added another 65,341 ETH last week.
Polymarket Tightens Insider Trading Rules
DeFi

Polymarket Tightens Insider Trading Rules

The prediction market is updating insider trading and manipulation rules days after inking an exclusive partnership with Major League Baseball.