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News
Robinhood CEO rejects issuer veto over stock tokens
10+ hour, 51+ min ago (1187+ words) Robinhood CEO Vlad Tenev has argued that public companies should not control third-party stock tokens when the products leave shareholder rights, issuer obligations and corporate records unchanged. Tenev said in a Sept. 11 post that issuer consent should depend on the…...
U.S. House weighs two crypto tax bills on Sept. 16
11+ hour, 27+ min ago (1120+ words) House tax writers have reportedly scheduled a Sept. 16 review of two bills that could change how U.S. miners, stakers and traders calculate federal taxes. The House Ways and Means Committee plans to consider H.R. 9175 and H.R. 9172 on Wednesday. The committee’s public calendar had…...
Thailand SEC proposes $151K stablecoin transfer cap
1+ day, 7+ hour ago (999+ words) Thailand’s Securities and Exchange Commission has proposed limiting inbound and outbound stablecoin transfers involving external wallets to five million baht, or roughly $151,000, per customer, operator and day. The regulator’s consultation, published on Sept. 11, would require stablecoins deposited with or withdrawn…...
UK crypto firms get five-month window to seek FCA approval
2+ day, 6+ hour ago (591+ words) UK crypto firms have been given a five-month application window, from Sep. 30 to Feb. 28, to seek Financial Conduct Authority approval before a new regulatory regime is expected to take effect in October 2027. The FCA’s published timetable puts an exact date…...
U.S. Bank pilots USBDC stablecoin on Stellar
4+ day, 10+ hour ago (1087+ words) U.S. Bank completed a live cross-border payment using USBDC, its proprietary dollar-backed stablecoin, the bank announced on Sept. 9. The transaction moved value between U.S. Bank entities in North America and Europe through the Stellar public blockchain. The bank presented the transaction as…...
Fidelity brings FIDD stablecoin to on-chain finance
4+ day, 11+ hour ago (822+ words) Fidelity Digital Assets renewed its institutional push for the Fidelity Digital Dollar on Sept. 9, positioning the Ethereum-based stablecoin for payments, settlement and tokenized markets. Fidelity’s public dashboard showed approximately 50.09 million FIDD outstanding, giving the token a market capitalization of about…...