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Coinbase CEO Reveals What Still Needs to Change Before Finance Truly Evolves

Coinbase CEO Brian Armstrong said the financial system still requires major upgrades, as he emphasized that significant technological innovation and policy work will be needed to achieve them. In a post on X, Armstrong flagged several areas where he believes the industry must evolve, including the tokenization of real-world assets (RWA), 24/7 global trading, stablecoin-powered […]

SEC Delays Plans for Tokenized Stock Trading on Crypto Platforms

The securities regulator was preparing to release its “innovation exemption” for tokenized stocks as soon as this week, and a draft of the plan had been prepared and reviewed by staff. However, the timing has since been pushed back as the SEC weighs input from stock-exchange officials and other market participants, reported Bloomberg, citing people […]

Bitcoin ETFs Bleed $1.25B as Memory Chip ETF Becomes Wall Street’s New Obsession

Last week saw heavy outflows in crypto-related exchange-traded funds, while a memory chip ETF became one of the fastest-growing funds in history. Bitcoin’s price failed to chart notable gains in the interim and is up by 0.6%. Many altcoins saw similar price action, with a few exceptions, such as Hyperliquid’s HYPE, which soared by around […]

US Treasury Sanctions Sinaloa Cartel Associates Over Crypto Money Laundering

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) has enforced sanctions against individuals and entities linked to a Mexican cartel that is trafficking illicit drugs and laundering the proceeds through cryptocurrency networks. According to a press release from the Treasury, these individuals and entities lead networks that launder the proceeds of fentanyl […]