Robinhood CEO urges U.S. to clear path for tokenized stocks as overseas markets advance
Vlad Tenev says tokenized stocks could bring realtime settlement and 24/7 trading, but U.S. rules remain a hurdle. Source:CoinDesk
U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'
The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cashlike.…
SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain…
Here’s a ‘ridiculously cheap’ way to protect yourself against a stock-market selloff
Wall Street’s ‘fear gauge’ is signaling the allclear, despite myriad looming risks. Source:MarketWatch
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to…
Wyoming joins $15 billion LayerZero exodus with state stablecoin move
This is the first time a U.S. government entity has publicly replaced its blockchain infrastructure specifically on security grounds. Source:CoinDesk
SEC Proposes New Regulation Crypto Assets
The Securities and Exchange Commission today announced that it proposed new rules, titled “Regulation Crypto Assets,” that would create a clear and…
AI chip stocks were riding high. Here’s why Micron and others are now pulling back.
Analysts note high expectations, concerns about elevated Treasury yields and a potential letdown surrounding Anthropic’s financial progress, Source:MarketWatch
Kraken adds U.S. stocks in Europe as TradFi-crypto divide blurs
The exchange said it is the first crypto company to offer European customers both traditional U.S. equities and tokenized versions of those assets on a single…
Is SpaceX an AI play or a space stock? Two months after the IPO, investors still can’t decide.
Shares don’t trade like the “Big Tech” stocks, and their correlation to the space sector is “mixed,” according to a new analysis. Source:MarketWatch
6% Treasury yields are the biggest risk facing stocks right now. Here’s why.
A global bondmarket rout was starting to put some pressure on stocks on Tuesday, as major U.S. indexes headed for a thirdstraight session in the red.…
Bitcoin miners’ AI pivot pays off, but mining could revive with one twist
Miners with AI and highperformance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pureplay operators.…