Tokenized stocks are meeting broader issuer resistance as more public companies move to keep their shares off the planned OKXICE TSV venue. A Nov. 2 notice added Tesla, SpaceX, Amazon, Netflix, Lam Research, and SoFi Technologies to the objecting list,…
Moscow Exchange crypto trading set for Bitcoin on Dec. 1
Moscow Exchange crypto trading is scheduled to begin on Dec. 1, marking what the exchange described as Russia’s first organized digital currency market. The venue plans to list Bitcoin, Ether and Tether’s USDT, with pilot trades starting as participants connect…
Why did the CFTC clear Hyperliquid-style equity perps?
The CFTC has cleared the way for equity perps to trade on regulated U.S. exchanges for the first time, extending a broader effort to bring crypto-style products under domestic oversight. Chairman Michael Selig said the stock-linked perpetual futures were considered…
Standard Chartered launches tokenized deposits on blockchain
Standard Chartered has introduced tokenized deposits for corporate clients in Hong Kong, making it the first market in the banking group to offer the service. The rollout connects the bank’s blockchain system with the Hong Kong Monetary Authority’s EnsembleTX infrastructure,…
FATF review targets crypto hubs over blockchain AML gaps
The FATF review is set to examine how jurisdictions with major crypto activity are applying global anti-money laundering standards. The Financial Action Task Force said the effort will focus mainly on places with materially important virtual asset service provider activity…
Will XRP Ledger fix close token loophole on Nov. 4?
The XRP Ledger fix is back on track for activation Wednesday after a short drop in validator support delayed the update by nearly two weeks. The amendment is designed to close a permission loophole affecting issued tokens on the network,…
China crypto crackdown targets misuse of blockchain
China crypto crackdown language appeared in a new anti-corruption decision adopted by the Communist Party’s Central Committee on Oct. 29 and published in full by Xinhua on Nov. 1. The document was part of what the Party described as full…
Will China blockchain network be completed by 2030?
China has set a 2030 goal to largely finish its national system under the China blockchain network plan outlined in a five-year digital development program published Friday. The 15th Five-Year Plan for National Informatization says blockchain use should deepen in…
NovaTech lawsuit seeks $1.37 billion over crypto fraud
The NovaTech lawsuit moved forward again after New York Attorney General Letitia James asked a court to order the platform’s founders, Cynthia and Eddy Petion, along with related companies, to pay $1.37 billion over what the state describes as a…
HSBC stablecoin rollout reaches millions on PayMe app
HSBC stablecoin RedCoin has started rolling out on the bank’s PayMe app, giving more than 3.3 million users access to a Hong Kong dollar token inside a service they already use. The token, listed as RCHKD, can be used to…