State Street, Galaxy and Ondo join tokenized cash race with 24/7 sweep fund
State Street Investment Management and Galaxy Asset Management are launching a tokenized private liquidity fund on Solana, with Ondo expected to invest $200 million.
Satoshi Nakamoto statue lands on NYSE in sign of changing times
There are five other Satoshi statues made by Valentina Picozzi located around the world, in Switzerland, El Salvador, Japan, Vietnam and Miami, in the US state of Florida.
GOP hardliners vexed as defense bill advances without CBDC ban
Conservatives in the Republican Party are frustrated that a promised ban on central bank digital currencies didn’t make it into a must-pass defense bill that’s now on its way to the Senate.
Australian regulator eases rules for stablecoins and wrapped tokens
Australia’s securities regulator has removed licensing requirements for stablecoin intermediaries and approved omnibus accounts, reducing compliance costs.
A16z Crypto opens office in South Korea as it bets on Asia
A16z Crypto opened its first Asian office in Seoul, South Korea, led by SungMo Park, citing the region’s dominance in global adoption and onchain activity.
MSCI’s Bitcoin snub is like penalizing Chevron for oil: Strategy CEO
The MSCI Index is consulting on whether to exclude Bitcoin and other digital asset treasury companies that have a balance sheet with more than 50% of their assets in crypto.
CFTC Innovation Council adds prediction market, exchange CEOs
The CFTC’s new CEO Innovation Council includes leaders from crypto exchanges like Kraken and traditional stock exchanges such as Nasdaq to discuss market structure reforms.
Payments giant Stripe acquires team from crypto wallet app Valora
Stripe has hired Valora’s builders to work on its crypto initiatives, as the wallet’s app shifts ownership back to Celo’s cLabs.
Crypto among sectors ‘debanked’ by 9 major banks: US regulator
The Office of the Comptroller of the Currency said crypto was one of many industries that banks had denied services to, and it could refer its findings to the Justice Department.
Gemini nabs US license to offer prediction markets
An affiliate of the crypto exchange Gemini received a designated contract market license and it now plans to offer prediction markets in the US.