Safeguarding Wyoming Stablecoin: How Language Tweaks Can Avoid SEC Security Tag
The Bank of England’s Prudential Regulation Authority (PRA) is ramping up its efforts to manage the risks tied to cryptocurrencies, asking businesses to report their involvement with crypto by March 24, 2025. The PRA explained in a statement on December 12 that companies need to share details about their current crypto holdings, plans, and how…
The European Union is moving forward with plans for a digital euro, with the primary goal of helping the bloc reduce its dependence on foreign financial systems. EU Approves Roadmap for Digital Euro European Union (EU) finance ministers have agreed on a roadmap for a digital euro, a central bank digital currency (CBDC) intended to…
We are excited to announce we have agreed to acquire Backed Finance AG, the company driving the issuance of xStocks, the leading industry standard for tokenized equities. The acquisition will accelerate the global adoption of xStocks; unifying issuance, trading and settlement to power open capital markets infrastructure for everyone. xStocks has seen exceptional adoption since…
Confiction Labs, the developer behind the Web3 co-op multiplayer shooter Riftstorm, has introduced a new in-game verification system aimed at curbing what it views as increasing bot activity in the sector. The initiative, dubbed “Proof of Exposure,” integrates non-fungible tokens into the game’s lore as a method to distinguish genuine players from automated bot accounts….
TRON DAO, the community-governed organization behind one of the most heavily used blockchain networks for stablecoin settlement, is scaling its AI Fund from $100 million to $1 billion as it doubles down on building infrastructure for the burgeoning agentic economy, according to a Monday announcement. The fund targets early-stage investments and acquisitions across key areas…
A test transaction from a dormant Mt. Gox wallet triggers speculation of Bitgo’s role in the ongoing Bitcoin distribution to creditors. A wallet that received $2.19 billion in Bitcoin from the defunct exchange Mt. Gox initiated a test transaction at 10:57 UTC. According to an Arkham Intelligence X post, the wallet (bc1q26) is suspected to…