The backers of Project Faro, the 21-firm group's planned U.S. issuer, are still hunting for a chief executive, according to a report. The group aims to go to market in 2027.
Dunamu, operator of South Korea’s top exchange Upbit, warns of a trading volume drain toward offshore platforms due to regulatory delays. The Financial Supervisory Service (FSS) proposes adapting electronic payment laws to won-denominated stablecoins amid the lack of specific legislation.
The extended review period highlights the regulatory caution in balancing innovation with market stability, impacting AI compute cost management.
The People's Bank of China may open an investigation into Solana activities in the country and its links with local players. This initiative comes after several events organized in Shanghai, including a meeting interrupted in October.
Texas Rep. Files Bill Letting Cities Invest $10 Million in Bitcoin Rep. Ron Reynolds filed House Bill 815 on Monday, allowing each Texas city or county to put up to $10 million of public money into bitcoin starting Sept. 1, 2027.
Grayscale paired a $1 million Zcash ecosystem commitment with a new education platform and Wall Street Journal advertisements. The national campaign promoted its Zcash fund alongside grants supporting network development, policy advocacy, and financial privacy education.
HIVE Digital Technologies has added 79 Bitcoin to its treasury during the September quarter, lifting its holdings to 269 BTC while Riot Platforms and CleanSpark have reduced their reserves. HIVE’s SEC filing, released alongside its Nov. 9 results, recorded 269…
Goldman Sachs, Citigroup, and other major banks have committed $270 million to a stablecoin initiative, signaling strong institutional interest.
Poland’s Parliament Votes 240-202 to Let Officials Freeze Crypto Before Court Review Poland's Sejm passed a sanctions bill Friday that lets the interior minister freeze bitcoin and bank funds of people on a national list, and a court appeal would not pause the freeze.
Poland’s lower house has passed a sanctions bill covering cryptocurrency freezes by 240 votes to 202, sending the proposal to the Senate for consideration. The Sejm’s voting record shows that lawmakers approved the government-backed Act on Restrictive Measures during its…
Goldman Sachs, Citigroup, Banco Santander, and Deutsche Bank have reportedly committed $270 million to a joint US stablecoin venture. The funding involves 21 global financial institutions planning to launch a dollar-backed cryptocurrency in the first half of 2027.
The funding, backing a U.S.-incorporated issuer codenamed “Project Faro,” covers five years of operations as traditional lenders move to challenge crypto-native giants Tether and Circle.
Uphold says funds are safe, but delays, layoffs, and regulatory issues have been piling up for the crypto platform in recent months.
Grayscale launched Zcash Invest, a new investor-education platform designed to increase awareness of Zcash and its exchange-traded product, ZCSH. The company pledged $1 million to the Zcash ecosystem, with an initial $400,000 distributed equally among four organizations supporting development, research and policy.
Senator Elizabeth Warren highlights the need for stronger crypto regulations ahead of the midterms.
Kazakhstan’s central bank has invested approximately $190 million in cryptocurrency funds, digital assets, and Bitcoin-linked exchange-traded funds (ETFs). The investments include about $100 million allocated to crypto-focused funds and another $90 million in digital assets and Bitcoin-related ETFs.
The SEC has granted Kimber Digital Securities broker-dealer registration, enabling a shift in how tokenized assets are managed.
Since October 26, 2026, eligible clients of the European Economic Area (EEA) can trade options on bitcoin and ether on Kraken Pro, on the web and on mobile, according to Kraken's blog.
October US CPI rose 0.4% month on month and core CPI increased 0.3%. The hotter reading strengthened expectations of tighter monetary policy. For…
US inflation data was released this Tuesday, prompting an immediate pullback in the crypto market. This uptick in price pressures instantly heightened expectations that the Fed will implement a new interest rate hike at its upcoming monetary policy meeting.
Binance has blocked direct and indirect transfers involving MEXC and 12 related entities following a FinCEN designation. The US Treasury alleges that MEXC facilitated at least $16 billion in illicit transactions linked to sanctions evasion and cybercrime.
Poland’s Sejm approved the government-backed Act on Restrictive Measures on November 6 by 240 votes to 202, with one abstention. The bill explicitly includes crypto-assets, as defined under the EU’s MiCA regulation, among financial funds that can be frozen under sanctions.
Token Terminal's dataset expansion highlights the growing complexity and global reach of tokenized stocks, impacting market dynamics and regulation.
Goldman Sachs, Citi, Santander, and Deutsche Bank have joined financial firms committing around $270 million to a planned U.S. dollar stablecoin venture, according to Bloomberg’s Nov. 10 report. Bloomberg reported, citing people familiar with the matter, that the funding would…
The significant liquidations highlight market volatility, potentially deterring investors and impacting future cryptocurrency adoption and regulation.
Senator Cynthia Lummis criticizes Democrats for leaving crypto loopholes open, impacting regulatory clarity.
The reported funding would cover five years of operations for the issuer, whose consortium has targeted a first-half 2027 dollar stablecoin launch.
The venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.
Avalanche technology is now central to a NYSE-affiliated tokenized securities platform, marking a significant regulatory milestone.
XRP price under pressure, but Schwartz sees higher valuations benefiting the network as 37 European banks expand Ripple's footprint.
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