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News
Robinhood CEO rejects issuer veto over stock tokens
3+ hour, 12+ min ago (1187+ words) Robinhood CEO Vlad Tenev has argued that public companies should not control third-party stock tokens when the products leave shareholder rights, issuer obligations and corporate records unchanged. Tenev said in a Sept. 11 post that issuer consent should depend on the…...
Thailand SEC proposes $151K stablecoin transfer cap
1+ day, 16+ min ago (999+ words) Thailand’s Securities and Exchange Commission has proposed limiting inbound and outbound stablecoin transfers involving external wallets to five million baht, or roughly $151,000, per customer, operator and day. The regulator’s consultation, published on Sept. 11, would require stablecoins deposited with or withdrawn…...
UK crypto firms get five-month window to seek FCA approval
1+ day, 22+ hour ago (591+ words) UK crypto firms have been given a five-month application window, from Sep. 30 to Feb. 28, to seek Financial Conduct Authority approval before a new regulatory regime is expected to take effect in October 2027. The FCA’s published timetable puts an exact date…...
U.S. Bank pilots USBDC stablecoin on Stellar
4+ day, 2+ hour ago (1087+ words) U.S. Bank completed a live cross-border payment using USBDC, its proprietary dollar-backed stablecoin, the bank announced on Sept. 9. The transaction moved value between U.S. Bank entities in North America and Europe through the Stellar public blockchain. The bank presented the transaction as…...
Fidelity brings FIDD stablecoin to on-chain finance
4+ day, 4+ hour ago (822+ words) Fidelity Digital Assets renewed its institutional push for the Fidelity Digital Dollar on Sept. 9, positioning the Ethereum-based stablecoin for payments, settlement and tokenized markets. Fidelity’s public dashboard showed approximately 50.09 million FIDD outstanding, giving the token a market capitalization of about…...
Circle put USDC on Chelsea shirt, FCA did not blink
4+ day, 13+ hour ago (1335+ words) The first regulated crypto company to land a Premier League shirt deal did so three months after the Financial Conduct Authority told clubs to stop signing “dodgy” sponsors. Circle is not dodgy. But the product on the shirt exists in…...
Germany targets tax free crypto gains with new 25% levy
4+ day, 22+ hour ago (1184+ words) Germany has prepared a 25% flat tax on cryptocurrency gains from 2028, potentially ending the country’s long-standing exemption for Bitcoin and other digital assets held for more than one year. Der Spiegel reported that Germany’s Federal Ministry of Finance has drafted legislation…...
ARK asks SEC to approve tokenized share class for $562M venture fund
5+ day, 2+ hour ago (1188+ words) ARK Investment Management has asked the U.S. Securities and Exchange Commission to approve a tokenized share class for its $562 million venture fund, allowing ownership records to be maintained using distributed ledger technology. According to an application filed with the SEC, ARK…...
Jack Dorsey's Block files OCC application for Bitcoin and stablecoin custody bank
5+ day, 2+ hour ago (1259+ words) Block has applied to establish an uninsured U.S. national trust bank that would place some of its Bitcoin, stablecoin and digital asset custody operations under direct federal supervision. Block said on Tuesday that it submitted an application to the Office of…...
How Stacks plans to build the home of Bitcoin-native finance
5+ day, 20+ hour ago (1296+ words) Bitcoin has become one of the world’s largest pools of digital capital, yet only a small fraction participates in onchain financial activity. That is the problem Bitcoin-native finance is trying to solve. Many Bitcoin projects have tried to make BTC…...