Crypto wallet maker Keystone to destroy almost 19,000 devices after security breach
The breach exposed 25,964 buyer records, some kept past Keystone’s 180day deletion policy after an automated tool failed without the firm noticing.…
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…
AI giant Anthropic files for blockbuster IPO
The maker of Claude reported $16.3 billion in firsthalf revenue and an $80.7 billion net loss as it aims to price its offering in midNovember. Source:CoinDesk
Musk says SpaceX landed a $40 billion debt deal — and forecasts doom for some AI rivals
SpaceX is rapidly growing an AI business that rents out access to advanced chips. Source:MarketWatch
Latvia targets tokenization rules in 2027 with commercial property in focus
Economics Minister Viktors Valainis says rules could arrive in the first half of next year, but an overdue assessment remains unfinished and no sovereignbond…
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market.…
Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
Some of the world's biggest companies objected to being listed on the first tokenized securities trading venue under the SEC's innovation exemption. But the…
Argentina drops criminal probe into President Milei over crashed memecoin LIBRA
The judge found that Milei's promotion of LIBRA did not constitute fraud, despite the attention his support drew to the token. Source:CoinDesk
Wells Fargo, Cisco, Marvell among latest firms objecting to OKXICE's tokenized stock plan
Six more companies have objected to listing tokenized versions of their stock on the venue, Reuters reported, bringing the total to 22. Source:CoinDesk
U.S. Clarity Act failure gives Asia and Middle East a competitive edge, says Apex Group CEO
Apex Group CEO Peter Hughes warned that the failure of the U.S. Clarity Act will drive digital asset businesses toward fastermoving jurisdictions in Asia and…
HSBC rolls out its first stablecoin to over 3 million everyday app users
HSBC and Standard Charteredled Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.…
Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom
The Riksbank sees an ekrona as critical to securing national payments and monetary control. Source:CoinDesk