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SEC Establishes Temporary Framework for Blockchain-Powered Securities

U.S. regulators establish temporary guidelines for tokenized securities, balancing blockchain innovation with investor rules. Blockchain-based trading of traditional stocks is moving closer to wider regulatory acceptance in the United States. The U.S. Securities and Exchange Commission has approved a temporary framework for platforms offering tokenized versions of certain U.S. stocks....

Hong Kong Plans Stablecoin Settlement for Tokenized Funds

Hong Kong plans regulated stablecoin settlement for tokenized money market funds. HKMA will test tokenization of over HK$1.3 trillion in Exchange Fund Bills. Hong Kong is expanding digital asset infrastructure across bonds and custody. Hong Kong plans to expand regulated stablecoin settlement for tokenized funds while accelerating the broader use...

Kraken Parent Payward Eyes Hyperliquid for U.S. Perpetual Futures

Payward plans to deploy U.S. perpetual futures markets on Hyperliquid’s HIP-3. Bitnomial would handle market administration, clearing and contract settlement. The proposed markets require regulatory approval before U.S. clients can trade. Payward, Kraken’s parent company, plans to offer onchain perpetual futures to eligible U.S. clients through Hyperliquid, subject to regulatory...

X Introduces Cashtag Trading With U.S. Brokerages

Cashtags now connect market updates with trading platforms as X expands access to crypto and stock transactions. X has launched a new Cashtag Partner Program in the U.S., allowing users to access brokerage services directly from financial posts on the platform. The update allows users to view market information and...

Bitcoin’s Drop Looks Like 2022 All Over Again

Bitcoin’s monthly chart is repeating its 2022 setup as the CLARITY Act stalls again in the Senate, with key support and volatility levels now in focus. Under $78,000 is where Bitcoin ended up this week, and the timing wasn’t great, right as the Senate’s CLARITY Act vote hit trouble again....