Monument Bank delays retail tokenized deposits, cites regulatory issues in the UK
The Londonbased challenger bank tapped a Canadian custodian to meet the Financial Conduct Authority’s regulatory requirements. It now expects to roll out…
Bitcoin Bancorp snaps up thousands of defunct Bitcoin Depot ATMs for $620,000
Just over a quarter of Bitcoin Depot’s more than 9,200 kiosks have been sold for less than $1 million, court records show. Source:CoinDesk
MoneyGram unveils stablecoin-backed card as digital dollars move into everyday spending
The remittance giant is rolling out a Visa card that lets customers hold dollars and spend from a stablecoinbacked balance. Source:CoinDesk
Nasdaq, Boerse Stuttgart, others ask EU to remove or increase cap in tokenization trial
The coalition warned that the current limit is too low, noting some existing European projects already exceed it. Source:CoinDesk
BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks
Pablo Hernandez cited historical railway and dotcom bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.…
Crypto exchange giant Bybit to offer European ‘super-app’ with stocks, derivatives
Bybit has an electronic money institution license in Austria and is about to snag a MiFID license too, CEO Ben Zhou told Coindesk. Source:CoinDesk
Nasdaq invests $100 million in Kraken parent company Payward at $21 billion valuation
The investment expands a strategic partnership to bring tokenized, votingenabled equities to crypto exchange users. Source:CoinDesk
Indian agri warehouse giant is putting $2 billion in grain-backed loans onchain
Arya.ag is using Avalanche technology to tokenize grain deposits to help lenders verify crops backing agricultural loans. Source:CoinDesk
TRM Labs doubles valuation to $2B in Series C expansion
The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AIpowered investigations…
PayPal expands stablecoin rails with custom token issuance platform
The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. Source:CoinDesk
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut
LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before…
Algorand names former Chainlink executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantumresistant security. Source:CoinDesk