HSBC is the latest megabank to double down on tokenized deposits versus stablecoins by preparing for new launches in the US and the UAE next year.
Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in malls
Kenyan regulators say no crypto firms are licensed under the new VASP Act and warn that providers claiming approval are doing so illegally.
Aster drops ‘Machi mode’ to reward getting rekt as Machi leads liquidations
Machi Big Brother dominates the liquidation leaderboard with 71 liquidations so far this month, far ahead of James Wynn and Andrew Tate.
New Hampshire approves first-of-its-kind $100M Bitcoin-backed municipal bond
New Hampshire has approved a $100 million Bitcoin-backed municipal conduit bond, letting borrowers raise capital against overcollateralized BTC.
Strategy rides out Bitcoin crash, still on track for S&P 500 spot: Matrixport
Strategy remains poised for an S&P 500 inclusion in 2025, as the world’s largest Bitcoin holder is unlikely to have to liquidate its holdings to service its debt.
BlackRock leads near $3B Bitcoin November ETF exodus with record $523M outflows
US Bitcoin ETFs are nearing $3 billion in November outflows as a fresh death cross, fading Fed rate cut odds, and smart money shorts weigh on sentiment.
US and UK revolt forces Basel to rethink brutal crypto capital rules for banks
Basel’s toughest crypto rules are under review as the US, UK, and the EU diverge, with booming stablecoin adoption forcing a rethink of 1,250% capital charges, the group’s chair told the FT.
Ondo wins Liechtenstein approval to offer tokenized stocks in Europe
US tokenization platform Ondo is preparing to offer tokenized stocks and ETFs in 30 European countries after receiving approval in Liechtenstein.
Senators warn Trump-linked crypto firm may pose national security threat
Democratic senators are urging a probe into WLFI over alleged token sales to North Korea- and Russia-linked wallets, while researchers say some claims stem from false positives.
Coinbase working on prediction markets website, tech researcher says
Tech researcher Jane Manchun Wong, who has discovered unreleased features on Facebook and X, has found that Coinbase is working on a prediction markets website.