The dual-token structure seeks to sidestep US restrictions on yield-bearing stablecoins by separating returns from the stable unit itself.
UK government appoints HSBC for tokenized bond pilot
The UK appointed HSBC Orion for its DIGIT pilot to explore blockchain bonds, aiming to improve efficiency, cut costs and boost security.
Gen Z flirts with crypto to pay for dates this Valentine’s, survey finds
An OKX-commissioned Pollfish survey finds 13% of Gen Z have paid for dates with crypto, while many non-users cite a lack of a direct way to do so.
Bankers push OCC to slow crypto trust charters until GENIUS rules clarified
The American Bankers Association pressed the OCC to delay new national trust bank charters for crypto and stablecoin firms until the GENIUS Act framework is fully in place.
Binance completes $1B Bitcoin conversion for SAFU emergency fund
Binance completed its $1 billion Bitcoin conversion for its emergency user fund as crypto sentiment hit record lows and smart money traders increased short exposure.
ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K
Cathie Wood’s ARK Invest bought nearly $50 million of Robinhood, Bullish and Circle shares as Bitcoin dipped and US spot BTC ETFs saw $276 million in outflows.
Strategy CEO eyes more preferred stock to fund Bitcoin buys
Strategy CEO Phong Le says the company is moving away from issuing and selling common stock to buy Bitcoin and isn’t interested in acquiring Bitcoin treasuries.
Ether set for another ‘V-shaped recovery,’ says Tom Lee
Fundstrat’s Tom Lee argues Ether is close to the bottom and says investors should be thinking about opportunities instead of selling.
Russia is blocking WhatsApp to push ‘surveillance’ app, company says
Russian news outlets reported on Wednesday that WhatsApp’s domain had been completely blocked and was inaccessible without a VPN or another workaround.
Thailand approves crypto as underlying assets in derivatives markets
Binance Thailand’s chief executive said it is a “watershed moment” for digital assets in the country, which he says are no longer merely speculative instruments.