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Binance has partnered with the crypto ETF issuer Franklin Templeton to explore the tokenization of securities combined with a global trading infrastructure. Binance, the world’s largest crypto exchange by trading volume, has entered into a partnership with the US crypto exchange-traded fund (ETF) provider, Franklin Templeton. Binance and Franklin Templeton are collaborating to explore tokenization of securities combined with a global trading infrastructure, the crypto exchange announced on Wednesday. “Our goal is to take tokenization from concept to practice for clients to achieve efficiencies in settlement, collateral management, and portfolio construction at scale,” said Roger Bayston, Franklin Templeton’s head of digital assets. Read more
The first US Dogecoin ETF sparks debate over whether it’s a milestone for adoption or the institutionalization of speculation. The first US Dogecoin (DOGE) exchange-traded fund (ETF) is set to launch Thursday, dividing industry voices between those calling it a breakthrough for crypto’s community-driven legitimacy and those dismissing it as speculation in a new wrapper. Unlike Bitcoin ETFs approved under the Securities Act of 1933, the Rex-Osprey Dogecoin ETF (DOJE) won approval under the Investment Company Act of 1940, a framework typically used for mutual funds and diversified ETFs. BlackRock’s spot crypto fund, for instance, simply holds Bitcoin (BTC) in Coinbase custody. DOJE instead gains exposure through a Cayman Islands subsidiary and derivatives since the 1940 act requires diversification and restricts single-asset concentration. Read more
Regulatory compliance is reshaping crosschain crypto as AML blind spots persist in bridges, forcing DeFi protocols to choose between innovation and adoption. Opinion by: Temujin Louie, CEO of Wanchain Institutional capital is not crossing the bridge — it’s waiting for the compliance gatekeeper. While crosschain transactions promised a seamless, borderless crypto economy, regulatory walls are rising on every chain. Emerging standards like Markets in Crypto Assets (MiCA) in Europe and the Financial Action Task Force (FATF) Travel Rule are no longer optional hurdles. They define who survives in the race for global liquidity. Read more
Ethereum and Polkadot co-founder Gavin Wood admits Vitalik Buterin’s success used to bother him but now he just wants to build great products. Does it bother you that Ethereum co-founder Vitalik Buterin made Times 2021 list of the 100 most influential people? Magazine asks. Itd be a weird question to ask most people, but not Ethereum co-founder Dr. Gavin Wood. If I said, No, it has never bothered me. I think it would be a lie, Wood tells Magazine, before taking a short pause Read more
Ethereum and Polkadot co-founder Gavin Wood admits Vitalik Buterin’s success used to bother him but now he just wants to build great products. Does it bother you that Ethereum co-founder Vitalik Buterin made Times 2021 list of the 100 most influential people? Magazine asks. Itd be a weird question to ask most people, but not Ethereum co-founder Dr. Gavin Wood. If I said, No, it has never bothered me. I think it would be a lie, Wood tells Magazine, before taking a short pause Read more
Bubblemaps flags 100 wallets that claimed 9.8 million MYX tokens worth around $170 million, calling it the “biggest airdrop Sybil of all time.” Blockchain analytics firm Bubblemaps has flagged what it claimed could be the largest Sybil attack in crypto history, identifying around 100 freshly funded wallets that claimed 9.8 million MYX tokens, worth $170 million, from a recent airdrop. In a series of X posts on Wednesday, Bubblemaps revealed that the wallets received similar amounts of BNB (BNB) from crypto exchange OKX within minutes of each other, nearly a month before the airdrop. “Everyone is talking about MYX hitting a $17B FDV A 20x in under 48 hours,” Bubblemaps wrote. “But we spotted something unusual. Something no one is mentioning,” it added. Read more
The SEC’s Paul Atkins commented on Project Crypto, proposing one regulatory framework for trading, lending and staking digital assets. US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic Cooperation and Development (OECD) Roundtable in Paris on Wednesday. “Policy will no longer be set by ad hoc enforcement actions,” he added, contrasting the previous administration’s aggressive crackdown on crypto firms. “We will provide clear, predictable rules of the road so that innovators can thrive in the United States,” Atkins said. Read more
EIP-7943 author Dario Lo Buglio told Cointelegraph that the standard’s goal is to solve industry fragmentation with standardized functions for compliance. A coalition of Web3 companies has introduced a new Ethereum token standard designed to streamline compliance and reduce fragmentation in the growing real-world asset (RWA) sector. According to an announcement sent to Cointelegraph, the standard, ERC-7943, creates a minimal, modular interface designed to work across Ethereum layer-2s and Ethereum Virtual Machine (EVM) chains, while remaining agnostic to implementation and vendor-specific infrastructure. This means it can work in any setup and isn’t locked into any specific company’s tools. Dario Lo Buglio, the co-founder of Brickken and the author of the Ethereum Improvement Proposal (EIP)-7943, told Cointelegraph that the new standard acts as a “universal layer” that sits on top of any token type. This allows developers and institutions to avoid having to use wrappers and custom bridges while integrating t...
Kyrgyz lawmakers passed amendments to the “On Virtual Assets” bill in three readings, defining terms like a state crypto reserve and state crypto mining. Kyrgyzstan, a key emerging player in Central Asia’s crypto market, has advanced a bill to establish a state cryptocurrency reserve and support the growth of the wider digital asset industry. Kyrgyz lawmakers have passed amendments to a bill “On virtual assets” in three readings at once, officially cementing terms like “state crypto reserve” and “state mining,” the parliament announced on Wednesday. Presented by Economy and Commerce Minister Bakyt Sydykov, the bill addresses multiple aspects of Kyrgyzstan’s crypto adoption, including establishing a legal framework for the issuance and circulation of stablecoins, tokenized real-world assets (RWAs) and state-run industry operations. Read more
Ether price is stuck in a range, with multiple ETH metrics suggesting that the price could see a deeper correction in the short term. Key takeaways: Ether bears are getting louder as the price remains rangebound. Declining spot volume signals weak demand and increasing ETH price vulnerability. Read more
Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth. Stablecoin issuer Paxos has updated its proposal to issue USDH, the planned stablecoin of decentralized exchange (DEX) Hyperliquid, adding support from PayPal and Venmo. In a Wednesday announcement, Paxos updated its Saturday proposal to issue USDH. The firm stated that “PayPal has committed to supporting the Hyperliquid ecosystem,” by listing the HYPE token, supporting the new stablecoin with free on and off-ramps and supporting both USDH and Hyperliquid (HYPE) for PayPal checkout. PayPal would also provide $20 million in incentives committed to the HYPE ecosystem and integrate USDH into its payment app, Venmo, and money remittance service, Xoom. Paxos also stated that its regulatory standing in the European Union would allow its stablecoin to circulate there as well, “ensuring that USDH can scale globally.” Read more
Who owns the most XRP in 2025? From Ripple’s enormous stake to Chris Larson’s billions, get the full XRP rich list breakdown here. Ripple Labs is by far the largest XRP (XRP) owner, controlling around 42% of the total 100 billion supply. This is unsurprising, as it is the company that developed the XRP Ledger and created the XRP digital currency. The San Francisco-based operation has its massive stake broken down into two categories: Read more
Asset Entities shares rose over 50% after-hours as its shareholders approved a merger with Strive to build a $1.5 billion Bitcoin treasury. Shares in the marketing firm Asset Entities (ASST) rose 52% in after-hours trading on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy Bitcoin (BTC). The new company will be renamed to Strive, Inc. and continue trading under the ticker ASST. Asset Entities shares closed trading on Tuesday up 17.8% at $6.28 and rallied over 52% after-hours to $9.55 on the company’s merger announcement. Read more
XRP price depends on pending ETF approval odds, but XRPL adoption and tokenization metrics still remain weak, raising concerns about the longevity of any rally. Key takeaways: Bloomberg analysts assign 95% odds for an XRP ETF, with a SEC decision expected for October. XRPL adoption lags peers, holding just 2% of Real World Assets despite stablecoin growth. Read more
The SEC extended its review of the Bitwise Dogecoin and Grayscale Hedera ETF applications to Nov. 12, as altcoin ETF decisions pile up for the fall. The US Securities and Exchange Commission (SEC) delayed decisions on the Bitwise Dogecoin ETF and the Grayscale Hedera ETF, keeping both applications under review until November 12. On Tuesday, the SEC pushed back its deadline on NYSE Arca’s proposal to list the Bitwise Dogecoin ETF. The application was first filed in March and published in the Federal Register on March 17, beginning the statutory review period. That same day, the agency also extended its review of Grayscale’s application to list the Hedera ETF, setting the same November deadline. Read more
The split underscores uneven price performance among publicly traded companies betting on digital asset treasuries. Shares of crypto-linked companies diverged sharply on Tuesday, with Hong Kong’s QMMM Holdings rocketing more than 1,700% after unveiling a blockchain strategy, while Canada’s Sol Strategies tumbled 42% in its Nasdaq debut. QMMM, a Hong Kong–based investment holding company, said Tuesday it will integrate artificial intelligence with blockchain to build a platform combining crypto analytics and a Web3 autonomous ecosystem. The firm also plans to establish a “diversified cryptocurrency treasury” focused on Bitcoin (BTC), Ether (ETH) and Solana (SOL). QMMM’s stock performance shot through the roof after the announcement, rising over 2,100% before closing its Nasdaq trading up 1,737%. Read more
The initial deal between ALT5 and World Liberty Financial included Eric Trump being on the company’s board of directors. Eric Trump, a son of US President Donald Trump, may no longer be a board member of investment company ALT5 Sigma as part of a deal with World Liberty Financial. According to an Aug. 25 filing with the US Securities and Exchange Commission (SEC), ALT5 Sigma designated Eric Trump and World Liberty Financial co-founder Zach Folkman as board observers rather than members. The company reported that Trump’s position was “in order to comply with Nasdaq’s listing rules” and was still subject to approval by stockholders. Read more
Japan's Metaplanet aims to raise $1.44 billion to expand Bitcoin holdings and income business amid dilution risk. Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, said Tuesday it will issue 385 million new shares to expand its Bitcoin holdings and related businesses. The shares will be sold through an international offering outside Japan at 553 yen ($3.75) each, raising an estimated 212.9 billion yen ($1.44 billion), the company said. The issue price represents a 9.9% discount to Metaplanet’s Tuesday closing price of 614 yen. The payment date is set for Sept. 16, when underwriters and investors will transfer funds to the company. The delivery date follows on Sept. 17, when the new shares will be credited to investors. Read more
The Protect Progress PAC spent more than $1 million to support James Walkinshaw in a primary for the congressional seat, in a race that could narrow Republicans’ House majority. Voters in the US state of Virginia’s 11th congressional district will choose a replacement for late Representative Gerry Connolly in a special election that could be influenced by money from the cryptocurrency industry. On Tuesday, Virginia residents who haven’t voted early head to the polls to decide whether to elect Democrat James Walkinshaw or Republican Stewart Whitson to replace Connolly following his death in May while serving in the US Congress. While neither candidate appeared to have taken a strong position on digital assets or blockchain for the campaign, a cryptocurrency-backed political action committee (PAC) could still influence the outcome. Read more
US macroeconomic conditions mirror the 1990s, when Federal Reserve interest rate cuts drove a 30% stock rebound, a backdrop that could now set the stage for Bitcoin price to go higher. Key takeaways: Potential Federal Reserve rate cuts into weak US jobs data could fuel Bitcoin’s next rally. BTC holds key support and eyes $129,000 after rebounding from its wedge pattern. Read more7306 items