John Deaton’s campaign announcement primarily focused on his background and cost-of-living issues, but he spoke about digital assets during his 2024 run for the US Senate. John Deaton, a lawyer who advocates for XRP holders and ran against Massachusetts Senator Elizabeth Warren in the 2024 US election, is making another bid for Congress. At a Monday event in Worcester, Massachusetts, Deaton announced that he would run for US Senate again in 2026, this time attempting to unseat Democratic Senator Ed Markey. The lawyer ran as the Republican candidate in 2024, losing to Warren, a Democrat, by about 700,000 votes. “I’m winning this time,” Deaton said in a campaign video aired at the Worcester event. Read more
ClearToken won FCA approval for a regulated crypto settlement system, signaling the UK’s push to bring digital assets under its financial framework. ClearToken, a digital asset clearing and settlement company, has received approval from UK regulators to launch a system for settling crypto and stablecoin transactions — a move that underscores the country’s push to expand oversight of digital finance. The company announced Tuesday that it had received authorization from the Financial Conduct Authority (FCA) to operate its Delivery versus Payment (DvP) settlement platform, known as CT Settle, which will support spot trades in crypto assets, stablecoins and fiat currencies. Once CT Settle becomes operational, regulated financial institutions will be able to use a digital asset settlement system that functions under the same regulatory and operational standards as traditional financial infrastructure. Read more
Solana’s fundamentals remain strong, but its recovery toward $250 will depend on easing geopolitical risks and renewed confidence in tech markets. Key takeaways: Solana’s strong onchain metrics and DApps revenue dominance hint at long-term strength despite recent selling pressure from major holders. Solana ETF inflows and diversified onchain activity support SOL, yet macro risks in AI and trade remain key obstacles to a $250 recovery. Read more
The Nasdaq-listed company will acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a crypto payments company backed by Tether and Solana’s co-founder. Malaysia-based VCI Global (Nasdaq: VCIG) has announced plans to acquire $100 million in OOB tokens and oversee the digital treasury of OOBIT, a Singapore-based crypto payments platform launched in 2017. According to a Tuesday announcement, Tether will become the largest shareholder in VCI Global through its stake in OOBIT. Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital are also investors. VCI Global acquired $50 million in OOB tokens from the OOB Foundation at a $200 million market capitalization, or $0.20 per token, by issuing company shares as payment. The company plans to purchase an additional $50 million worth of OOB tokens on the open market after its official launch. Read more