UK Financial Sector Embraces Tokenization as Transformative Force for Future of Finance

Nearly three-quarters of major UK financial institutions expect tokenization to fundamentally reshape financial services, signaling a significant shift towards blockchain-based infrastructure for critical functions like payments, settlement, and liquidity management.…

Donald Trump Expected to Tap Jay Clayton, DNI, as AI Czar Amid Intensifying Global Debate on Artificial Intelligence Governance

Reports circulating on Friday indicate that former President Donald Trump is poised to appoint Jay Clayton, currently the US Director of National Intelligence (DNI), as the nation’s inaugural "AI czar."…

US Community Banks Sue Regulator Over Crypto Charters, Citing Exceeded Authority and Uneven Playing Field

A prominent group representing the nation’s community banks has initiated legal action against a key US financial regulator, alleging that its decision to permit cryptocurrency companies to obtain limited national…

NEAR Intents Recovers Full $3.8 Million Stolen in Security Breach Following Swift Identification and Ultimatum

NEAR Intents, a protocol operating within the broader NEAR Protocol ecosystem, announced the full recovery of approximately $3.8 million in funds that were stolen during a security breach on Thursday.…

Ethereum Layer-2 Network Blast Announces Shutdown Citing Economic Unsustainability, Prompts User Withdrawal Amidst Broader Market Headwinds

The Ethereum layer-2 scaling solution, Blast, has announced its imminent shutdown, citing an insurmountable challenge in achieving economic sustainability. The decision, communicated to its community via an official post on…

European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO

European crypto users are placing more trust in regulated platforms following the comprehensive implementation of the European Union’s Markets in Crypto-Assets (MiCA) framework, according to Christian Trummer, co-CEO of Austria-based…

$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report

Anchorage Digital, the pioneering federally chartered digital asset bank in the United States, which commanded a robust valuation of $4.2 billion earlier this year, has reportedly undertaken a significant workforce…

Circle Urges European Commission to Revise MiCA Stablecoin Reserve Requirements Following SVB Lessons

Stablecoin issuer Circle, a prominent player in the digital asset space and the entity behind USDC and EURC, has formally urged the European Commission to undertake significant revisions to the…

Global Crypto Regulatory Landscape Intensifies as SEC Eases Custody Rules, NY and Wyoming Forge Oversight Pact, and Binance Faces EU MiCA Scrutiny

Today in the dynamic world of digital assets, regulatory bodies across multiple jurisdictions sharpened their focus, signaling a pivotal shift towards more structured oversight. The U.S. Securities and Exchange Commission…

China warns foreign spies about crypto, Singapore dominates Asia: Asia Express

Across Asia, the landscape of cryptocurrency adoption and regulation is rapidly evolving, marked by a striking dichotomy: a deepening crackdown in China juxtaposed with progressive strides in major financial hubs…