SEC chair talks up crypto’ innovation exemption’ in 2026
Paul Atkins, chair of the US Securities and Exchange Commission, said that the agency can continue advancing digital asset regulation...
Business
Trump Hints Who He’s Looking To Replace Fed Chair Jerome Powell
Prediction market odds on Kevin Hasset becoming the next chair of the US Federal Reserve spiked after US President Donald...
BlackRock CEO Larry Fink, Brian Armstrong to discuss tokenization at DealBook Summit
Key Takeaways Brian Armstrong will discuss the future of money and markets with Larry Fink and Andrew Ross Sorkin. Fink...
Lawmakers Stumble on Stablecoin Terms as US Congress Grills Fed’s Bowman
US Representative Stephen Lynch pressed Federal Reserve Vice Chair Michelle Bowman on Tuesday over her past remarks encouraging banks to...
Prediction Market Kalshi Raises $1B at $11B Valuation
Prediction market Kalshi has closed a $1 billion funding round at a valuation of $11 billion, after seeing its best-ever...
Group of EU Banks Push for a Euro-Pegged Stablecoin by 2027: Report
A group of 10 banks plans to introduce a euro-pegged stablecoin in 2026 under an entity authorized by the Dutch...
Taurus Adds Everstake Integration to Expand Institutional Staking Options
Taurus has entered into a partnership with Everstake that will integrate enterprise staking into its custody system for institutional clients,...
Kraken adds Backed Finance to 2025 acquisition streak, brings xStocks in-house
The acquisition will give Kraken full control of the xStocks tokenized-equity platform, strengthening the exchange’s push into regulated real-world assets....
Trust Wallet Debuts Multi-Platform Prediction Trading
Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, is the latest wallet to tap into...
CME Launches Bitcoin Volatility Index and Crypto Benchmarks
The Chicago-based CME Group has introduced a new suite of cryptocurrency benchmarks designed to provide standardized pricing and volatility data...
Unlimit Debuts Stable.com for Non-custodial Stablecoin Swaps
Fintech payments provider Unlimit has launched a non-custodial platform designed to act as a clearinghouse for major stablecoins and provide...
BlackRock’s spot Bitcoin ETF sees over $1.8B volume in first two hours
Key Takeaways BlackRock's iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, saw over $1.8 billion in volume within its first...
X402 Adds ID Checks for AI Stablecoin Payments
Update (Dec. 2, 16:20 UTC): This article has been updated to clarify that x402 was initially incubated by Coinbase and...
Kalshi raises $1B in latest funding round, lifting valuation to $11B: NYT
Key Takeaways Kalshi, a CFTC-regulated prediction market platform, raised $1 billion in its latest funding round. The round was led...
American Bitcoin (ABTC) Crashes 51% as Crypto Rout Deepens
Shares of American Bitcoin Corp (ABTC), the Bitcoin-mining and treasury company headed by Eric Trump, plunged on Tuesday as difficult...
Sonnet shareholders approve Hyperliquid merger to launch HYPE-focused crypto treasury
Key Takeaways Sonnet BioTherapeutics shareholders have approved a merger, pivoting the company to a crypto treasury strategy focused on the...
Texas Builds First State Bitcoin Reserve
Key takeawaysTexas became the first US state to add Bitcoin exposure to a state-managed investment portfolio by purchasing about $5...
Canary Capital HBAR ETF goes live on Vanguard’s platform
Key Takeaways Canary Capital spot HBAR ETF goes live for trading on Vanguard’s platform This ETF gives investors exposure to...
Bank Of America Endorses 1–4% Bitcoin Allocation
More big-name financial institutions are opening the door to Bitcoin exposure, signaling a growing institutional appetite for regulated digital asset...
Kraken to acquire Backed Finance to bolster tokenization strategy
Key Takeaways Kraken is set to acquire Backed Finance, a platform that issues digital tokens representing real-world assets such as...
Regulators ramp up US stablecoin rules as GENIUS Act takes effect
A second FDIC rule on prudential requirements will follow early next year. The FDIC will supervise bank subsidiaries issuing payment...
Bank of America recommends up to 4% crypto allocation for wealth portfolios
Key Takeaways Bank of America says clients should consider a 1% to 4% crypto allocation, depending on their risk tolerance....
