Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
The exchange, which has over 18 million customers, is said to have handled business transactions involving restricted offshore gaming and gambling companies.…
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
The transaction shows how blockchainbased government bonds could help trading firms move collateral faster between settlement and financing. Source：CoinDesk
Crypto exchange MNX takes on OKX, BitGet offering pre-IPO futures for AI giants
MNX is offering a different way to trade the future valuations of private AI companies, including OpenAI, Anthropic and DeepSeek. Source：CoinDesk
Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares
The $911 billion Pittsburghbased asset manager is teaming up with Prometheum to bring blockchainbased share classes of its funds to traditional brokerage…
Russia’s largest bank Sberbank secures approval to trade crypto
Sberbank plans to open crypto trading to all clients Dec. 1 and is already testing BTC, ETH and USDT trades in its app. Source：CoinDesk
Meta is back on the AI leaderboard with its new family of Wonder models
The company’s stock was up more than 3% following the release of Muse Wonder and Muse Wonder Full, which analysts expect to drive new business opportunities.…
Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether
The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total…
Tokenized catastrophe bonds target the disaster-insurance gap
A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure. Source：CoinDesk
Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure. Source：CoinDesk
South Korea just got its first traditional bank loans backed by bitcoin
Loans use thirdparty custodians for bitcoin holdings and rely on courtordered sales if borrowers default. Source：CoinDesk
SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
SWI Group said it would use the proceeds from an 800 millioneuro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX…
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoinbacked loans to corporate customers, with a thirdparty custodian holding the cryptocurrency used as collateral.…