PNC Bank tests turning USDC payments into dollar deposits
The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.…
Avalanche’s AVAX leads crypto gains following NYSE tokenization deal
Avalanche’s AVAX token rose as much as 10% after the NYSE selected its blockchain to support settlement on a planned tokenized stock trading platform.…
As Nvidia’s stock falls, here’s what Wall Street has to say about the Jensen Huang scandal
The fallout from the board’s new investigation could become “a longerlasting problem for the company,” analysts say Source:MarketWatch
Strategy buys 1,036 Bitcoin as BTC holdings climb to 850,364
Strategy bought $81.9 million in Bitcoin last week while spending $188.3 million repurchasing STRC preferred shares, according to its latest SEC filing.…
EU taps industry to set standards for tokenized securities
Applications close Nov. 27 for an industry group that aims to draft initial standards for holding and settling tokenized securities by early 2028.…
Coinbase’s US national trust bank charter takes effect
Coinbase plans to expand its institutional crypto custody business under the federal charter and is exploring digital asset payment products.…
Robinhood opens access to US IPOs for UK retail investors
Robinhood’s UK customers can request shares in eligible US initial public offerings at the offer price before the stocks begin trading. Source:Cointelegraph
Live news: Bitcoin remains under pressure as stocks surge, oil slumps
The Nasdaq and S&P 500 are both up more than 1% even as Nvidia declines following CEO Jensen Huang's issues. Source:CoinDesk
Binance, Tether and Trump crypto firms face Senate records deadline
Sen. Richard Blumenthal asked four crypto firms to start sending records by Nov. 30 and warned of further action if they miss the Jan. 4 deadline.…
Ex-FBI counterintelligence agent stole almost $2.5M in crypto
Yaroch paid off his debts and intended to use the proceeds to finance a new life in Portugal, where he planned to buy a vineyard. Source:Cointelegraph
US sanctions Canadian money-exchange firms over Iran ties
US also offers as much as $20 million and possible relocation for information about Iran’s nuclear program. Source:Cointelegraph
Suspicious prediction market activity seen before election poll release: NYT
Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report. Source:Cointelegraph