CRYPTO
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Injective Files SEC Transfer Agent Application for Onchain Securities
Injective said Thursday it has filed a transfer agent registration with the US Securities and Exchange Commission, seeking to bring one of the core record-keeping functions of securities markets onto blockchain infrastructure. Transfer agents are a core part of US market infrastructure, maintaining shareholder records and tracking changes in securities ownership. Injective, a layer-1 blockchain focused on decentralized finance and…
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Bolivia Considers Recognizing USDT for Payments Amid Dollar Shortage
Bolivia is evaluating integrating Tether’s USDt into its national payments system, a move that could mark one of Latin America’s most significant stablecoin adoption initiatives as the country grapples with a persistent shortage of US dollars. Economy and Public Finance Minister Jose Gabriel Espinoza told a press conference on Monday that the government is assessing a regulatory framework that would…
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US CBDC Ban to Go into Effect without Trump Signoff on Housing Bill
A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it. Just after midnight on Friday, the 21st Century ROAD to Housing Act will have been in Trump’s hands for 10 days, excluding Sundays, the maximum amount…
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Kraken Seeks Delaware Judgment After $22M Arbitration Win
Payward, the parent company of crypto exchange Kraken, has won a $22 million arbitration award against former auditor Mazars USA and asked the Delaware Court of Chancery to enter judgment on the award, according to a letter published Tuesday by co-CEO Arjun Sethi. Payward said Mazars withdrew from the exchange’s nearly completed 2022 audit despite finding no fraud, raising no…
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Kalshi, Polymarket Hit Rcord June trading on World Cup
Kalshi posted a record month for trading volume in June as the 2026 FIFA World Cup fueled activity across prediction markets. DefiLlama data shows Kalshi recorded nearly $9.4 billion in trading volume in June, up from about $5.3 billion in May. Polymarket International also climbed to roughly $4.3 billion from about $3.5 billion a month earlier. The tournament kicked off…
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Democrat Supported by Ripple Co-founder’s PAC Wins in Colorado
Manny Rutinel, a Democratic candidate running to represent Colorado’s 8th congressional district, has won his party’s primary and will head to the November election after being supported by a crypto-aligned political action committee (PAC). Early on Wednesday, Rutinel reported that Rutinel would be the Democratic nominee for Colorado’s 8th district, having won with 61.7% of the vote against Shannon Bird’s…
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Stablecoins and Public Ledgers Flawed, Report Says
The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and weakening sovereign monetary control, urging central banks and the financial industry to accelerate the development of tokenized forms of central bank and commercial bank money as a safer alternative. In its Annual Economic Report published Sunday, the Basel-based institution delivered…
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Bithumb Fined Over Data Transfers, SBI Buys Bitbank
Today in crypto, South Korea’s data protection regulator imposed a 210 million won fine on Bithumb for transferring users’ personal information overseas without proper consent. Elsewhere, Japan’s SBI holdings signed a $289 million deal to acquire cryptocurrency exchange Bitbank and DeFi platform Abracadabra took emergency action after its Magic Internet Money depegged 50%. Bithumb fined over overseas user data transfers…
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Solana Captures 95% Ff Tokenized Stocks As Bottom Calls Grow
Solana (SOL) captured 95% of all tokenized equity trading activity across blockchains last week, setting a new record with $1.29 billion in trading volume. The surge comes as SOL trades more than 75% below its all-time high near $295, leaving SOL traders divided on whether the asset is nearing a cycle bottom. SOL onchain activity continues to expand across several…
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Republican Lawmaker Proposes Prediction Markets Insider Trading Ban, Not Including White House Officials
Wisconsin Representative Bryan Steil, who chairs the House subcommittee on digital assets, introduced a law to prevent certain public officials from “wagering on public policy issues and political outcomes,” notably without mentioning lawmakers in the White House. In a Thursday notice, Steil said he had introduced the Stop Lawmakers from Predicting Act, which could bar “members of Congress, their spouses,…
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