Australia Moves to Mandate Licenses for Crypto Asset Platforms
The Australian government introduced comprehensive legislation to Parliament requiring crypto exchanges and custody providers to obtain an Australian Financial Services Licence (AFSL).
The Australian government introduced comprehensive legislation to Parliament requiring crypto exchanges and custody providers to obtain an Australian Financial Services Licence (AFSL).
Upbit reported a security breach on the Solana network, resulting in the unauthorized withdrawal of approximately $38 million in various Solana-based assets.
EU regulators granted Securitize approval to operate a digital securities platform, making it the only firm licensed in both the U.S. and EU. The company will launch its first tokenized issuances on Avalanche in early 2026.
Bolivia’s government announced plans to integrate cryptocurrencies and stablecoins into the formal financial system, allowing banks to offer crypto-based services.
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).
The plan proposed by Sumar also seeks to classify all cryptocurrencies as seizable assets and require the introduction of a visual “risk traffic light” warning system for investors.
Solana (SOL) is showing resilience near the $140 mark, driven by exceptional institutional demand for its ETFs, even as the broader crypto market faces downward pressure.
A primary focus for Coinbase Ventures is the expansion of RWA perpetuals beyond conventional crypto assets.
This concern cited by the South African Reserve Bank is driven by the growing user base and the borderless nature of digital assets, which can be used to bypass Exchange Control Regulations.
The introduction of KlarnaUSD positions Klarna as the first bank to introduce a stablecoin on Tempo, a blockchain recently launched by Stripe and Paradigm.
The Filecoin (FIL) token rose 2% after clearing the $1.63 resistance level, with trading volume surging 135% above its 24-hour average, signaling renewed momentum in the layer-1 ecosystem.
R25 has launched its on-chain RWA stablecoin platform on Polygon, debuting rcUSD+, a yield-bearing, dollar-pegged token backed by money market funds and structured notes.
Global funds network Calastone is rolling out tokenized fund share classes on Polygon’s Layer 2 infrastructure, enabling its network of 4,500 institutions across 58 markets to distribute fund shares on-chain.
Circle Internet Group posted $740 million in third-quarter revenue and reserve income – 66 % year-on-year growth – as USDC circulation surged and the company advanced its Arc blockchain initiative.
JPMorgan has deployed its blockchain-based deposit token, JPM Coin (JPMD), on Coinbase’s Base network – marking the bank’s first payment product on a public blockchain and a milestone in on-chain banking.