Formation Securities plans Solana stock trading venue under SEC exemption
The proposed venue would offer 24/7 trading of tokenized shares from Galaxy Digital, Exodus and Forward Industries, with a launch planned for early 2027.
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The proposed venue would offer 24/7 trading of tokenized shares from Galaxy Digital, Exodus and Forward Industries, with a launch planned for early 2027.
The push for blockchain interoperability highlights the banking sector's shift towards integrating diverse digital systems for seamless operations.
PNC Bank and Coinbase have announced a partnership to pilot USDC payments for corporate clients, enhancing payment efficiency.
A former Ethereum Foundation official has filed a lawsuit alleging discrimination and retaliation following her cancer diagnosis.
PNC's blockchain integration may signal a shift towards mainstream crypto adoption, but its impact on Bitcoin's price remains uncertain and speculative.
Qivalis, a consortium of 37 banks, is set to revolutionize the euro stablecoin market, signaling significant growth potential.
Coinbase secured final federal approval for its national trust bank on Nov. 6, 2026, and announced the milestone Monday alongside news that PNC Bank is piloting USDC payments through Coinbase infrastructure, marking two significant developments in the cryptocurrency exchange’s institutional expansion.
US Bank's recent stablecoin announcement during Q3 showcases significant growth and partnerships in the crypto sector.
Robinhood has launched IPO Access in the UK, allowing retail investors to request shares in eligible US IPOs at the official offering price before public trading begins. The service provides access to prospectuses and SEC filings, helping investors review companies before submitting allocation requests.
The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.
Operating under the SEC’s “Innovation Exemption,” the firm plans to list tokenized shares of Exodus, Forward Industries, and Galaxy Digital in early 2027, with the same voting and dividend rights as real stock.
Data center restrictions may boost existing Bitcoin mining asset values, highlighting the growing importance of regulatory landscapes in tech infrastructure investments.
David Schwartz sold 2.5 million XRP at a low price and paid $1.7 million in taxes. Yet the veteran still believes it could flip Bitcoin.
USDC sent to participating PNC business clients is swapped 1-to-1 for dollars and lands in a PNC deposit account, with Coinbase running the stablecoin side.
The euro stablecoin market's growth highlights regulatory success but also risks from issuer concentration and potential bank competition.
TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress TD Cowen's Jaret Seiberg puts only a 10% chance on a congressional ban on platform stablecoin yield over the next two years, even as banks renew their push after Democratic…
The US Treasury has added eight Canada-based money services businesses to its sanctions list, alleging that they helped move value for the Iranian regime and sanctioned actors. The November 6 action explicitly focuses on exchanges between local…
Regulatory uncertainty in the US may drive tokenization firms to more stable jurisdictions, potentially shifting innovation and investment overseas.
Formation Securities says it will launch in early 2027 under the SEC's Innovation Exemption, which lets it operate without registering as an exchange.
The lawsuit could impact Ethereum's reputation and governance, raising concerns about leadership practices and employee treatment.
PNC Bank has introduced USDC payments for corporate clients, allowing deposits to convert into dollars.
Coinbase secures OCC unconditional approval from the Office of the Comptroller of the Currency (OCC) to operate under a federal national trust bank charter, the company announced Monday. The decision marks a significant regulatory milestone for the largest U.S. cryptocurrency exchange and custodian.
PNC Bank is piloting USDC payment acceptance for corporate and institutional clients through its expanded partnership with Coinbase.
Wall Street’s AI trade suffered a brutal setback last week as investors questioned technology valuations and the threat of tighter AI regulation. Bitcoin followed, falling to $75,000. But something interesting happened next. The Nasdaq rebounded 1.1% on Friday.
The Saudi Central Bank has revoked the license of Ahmed Ibrahim Suleiman Al-Batti Exchange, impacting exchange activities in the region.
CryptoUK highlights banking restrictions hindering digital asset firms from FCA authorization. This is key for the UK's competitive edge.
Cardano has fallen 5.7% over the past seven days to trade near $0.181 on Nov. 9, as a rebound from recent lows leaves ADA below its daily trend indicators and an analyst’s $0.19 invalidation level. CoinGecko placed ADA near $0.181,…
Formation Securities notified the SEC that it intends to operate a tokenized securities venue on Solana under the Innovation Exemption, targeting an early 2027 launch.
River Markets' affiliate registered with CFTC as an FCM as it builds a prime brokerage for institutional prediction market traders.
U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too FinCEN and the Federal Reserve formally withdrew a 2020 proposal that would have cut the cross-border funds-transfer threshold from $3,000 to $250 and spelled out that the rules cover crypto, saying any future version needs…