HSBC RedCoin Targets 74% Stablecoin-Aware Users Ahead of Hong Kong Launch
Key Takeaways: HSBC has officially unveiled the name of its stablecoin, HSBC RedCoin Of the 1,060 consumers surveyed, 74% now understand at least one use case for stablecoins, indicating rising consumer awareness Limited to P2P transfers and merchant…
Evernorth Wins Vote for $1B+ XRP Treasury Deal With 473M XRP Nasdaq Debut Nearing
Key Takeaways: The AC of the Armada II shareholders has approved the Evernorth business combination. At closing time, the balance of Evernorth of approximately 473 million XRP will be retained. XRPN on Nasdaq trading is anticipated to commence on October…
SEC Proposes New Crypto Custody Rules to Unlock Multi-Trillion Dollar Market Access
Key Takeaways: The SEC put forth a new plan for crypto asset custody of advisers and funds. More flexibility may be warranted under the rules via qualified custodians, state trust companies, and limited self-custody options. The proposal is for a…
Crypto Licensing Enters a New Era as Global Regulations Accelerate in 2026
The global digital asset industry is entering a defining chapter as governments and financial regulators continue to introduce comprehensive frameworks for crypto licensing. After years of uncertainty, many jurisdictions are shifting away from fragmented…
Bitcoin treasury Strive risks cash reserve to fund $500M buyback and trim dividends
Bitcoin treasury company Strive disclosed an optional program to repurchase up to $500 million of its variable-rate perpetual preferred stock, traded as SATA, on Oct. 5. The program exceeds its reported $284.7 million cash balance and lets management…
Solana Debuts Institutional Settlement Standard With J.P. Morgan Input
Built with input from J.P. Morgan, the open-source “DvP” program lets institutions settle trades atomically on Solana with finality in seconds instead of days.
Kraken parent joins Singapore Gulf Bank, opening 24/7 institutional dollar rails
Kraken’s parent company, Payward, has connected to Singapore Gulf Bank’s SGB Net clearing network, opening round-the-clock US-dollar funding for selected institutional clients in Asia and the Gulf. The companies say participating clients in…
Strive Adds $169M Bitcoin in Its Biggest Buy in Four Months
The Nasdaq-listed bitcoin treasury company, co-founded by Vivek Ramaswamy, paid roughly $169 million for 2,000 coins last week and now holds 29,462 BTC.
CFTC makes its biggest move yet to bring offshore crypto trading back to the US
The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation. On Oct. 5, the financial regulatory agency opened rulemaking for Regulation…
DeFi Development Corp Adds $3 Million in Solana as SOL Buys Slow
Nasdaq-listed DeFi Development Corp’s latest SEC filing shows its Solana stash grew 1%, to about 2.56 million SOL and SOL equivalents—roughly half the prior week’s gain and well below mid-September’s pace.