Canton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering Network Rewards
A Corporation Finance staff letter applies the SEC's March token taxonomy to Canton's reward token, resting on what Digital Asset told the agency about how the network works. The post Canton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering…
Google Tells Schools They Can Reject AI—But They’ll Lose Search, Too
Google is giving schools more control over Gemini, but districts that want Search without AI are out of luck, fueling accusations that the company is pressuring educators into adopting AI.
Zcash Community Grants Abandons Its Own Funding Cut, Leaves Dev Fund’s Future to Governance
Four days after offering to taper its income and move about 36,200 ZEC from its treasury into a reserve for future miners, the committee said Zcash's usual governance process should settle what comes next. The post Zcash Community Grants Abandons Its Own…
Crypto Market Bounces Back as Investors Weigh Election Risks
Bitcoin and the broader crypto market recovered on Wednesday after overnight losses triggered by the U.S. midterm elections, which saw Democrats win control of both chambers of Congress. Although the results raised concerns about the future of…
Strategy’s STRC Touches $100 for First Time Since May, Potentially Reopening Bitcoin Funding
Strategy’s perpetual preferred stock STRC briefly touched $100 on November 4 for the first time sinc...
Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach
Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private keys and kill switches.
Morgan Stanley Tokenizes US Stocks and Treasuries Through DTCC’s New Service
DTCC's new service opened with 34 securities eligible to tokenize. About $30 trillion in assets it says are available to be tokenized.
Nasdaq Approves Listing of Canary’s Staked Injective ETF
The proposed INJC fund would stake at least 90% of its INJ holdings and charge a 1.10% annual sponsor fee.
Democrats eye crypto market structure bill with wider SEC role
TLDR: The crypto market structure bill under discussion could combine Waters’ consumer safeguards with provisions developed during earlier Senate negotiations. Democrats are considering a larger SEC supervisory role and a narrower CFTC remit, but the…
Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service
The bank's post gives no amounts, tickers or blockchain, and the tokens it describes are DTC-issued mirrors of securities the depository already holds. The post Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service appeared…