Senate Already Killing the Bill That Could Legalize Crypto Trading
The bill that could finally separate crypto from securities law is losing votes before it even hits the Senate floor.
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The bill that could finally separate crypto from securities law is losing votes before it even hits the Senate floor.
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The prediction market that called the 2024 election now has a valuation bigger than most Fortune 500 companies, and the Trump family is helping write the checks. Polymarket just closed a funding round at a $21 billion post-money valuation, led by 1789 Capital, where Donald Trump Jr. is a partner
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The SEC just cracked open the door for Wall Street to move onchain, and the NYSE's parent company was already standing in the doorway with a bag packed.
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Traditional finance companies spent years pretending crypto didn't exist, then they built the fastest-growing corner of it.
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A memecoin just proved that tokenized stocks aren't ready for DeFi degeneracy, and Robinhood's Layer-2 is printing more daily revenue than the entire Ethereum mainnet while it happens.
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The exchange that wrote the rulebook for equities just decided the rulebook needs blockchain. The London Stock Exchange is launching tokenized stocks backed by shares of London-listed companies, marking a major traditional finance institution's direct entry into digital asset infrastructure
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The tokenized asset market has a plumbing problem, and Asia is where it's getting fixed first.
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The same regulatory arbitrage that built offshore finance just went on-chain, and it's starting with the most Bitcoin-obsessed public companies on Earth.
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The London Stock Exchange just chose a crypto exchange's parent company to tokenize its blue chips, not a bank or fintech incumbent. Payward, Kraken's parent company, will tokenize 100 London-listed stocks using its xStocks framework, with trading planned on LSE's new blockchain platform
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The remittance corridor just became a full-service financial rails play, and the stakes are $200 million big. Felix Pago raised $200 million to move beyond money transfers into lending and savings for Latin American immigrants in the US
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Robinhood just proved you can build a billion-dollar DeFi chain in two months if you already own the on-ramp. Robinhood Chain recorded between $874.8M and $989M in DEX volume on August 30, its highest single day since launching July 1
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The company that built Claude just locked in enough electricity to power a small city, and its biggest investor might be the reason why.
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A year ago, Polymarket was a crypto curiosity. Today, it's raising a billion dollars at a valuation that puts it in the same league as billion-dollar fintech giants—while lawyers sharpen their knives.
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While traditional markets flinch at geopolitical chaos, Bitcoin just logged its best month in nearly a decade without breaking a sweat. Bitcoin held above $78,000 as U.S. strikes on Iran triggered a classic risk-off move in stocks and sent oil prices climbing
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When a single entity controls nearly 5% of all Ethereum in existence, that's not a bet—that's a thesis about the infrastructure layer of Web4.
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The world's most committed Bitcoin treasury just proved that conviction, not volatility, drives accumulation strategy. MicroStrategy purchased 4,603 BTC for $369.7 million at an average price of $80,318 per coin, ending a 10-week buying pause that began in late June
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The data center wars just got a campaign finance arm. Build American AI is deploying $50M to back local and state candidates who support data center construction in battleground states The initiative faces significant public resistance despite its focus on economic development and infrastructure
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While the Kremlin pushes its digital ruble, the country's biggest bank is quietly building the opposite: a stablecoin-collateralized loan market pegged to the dollar. Sber plans to accept USDT and Ether alongside Bitcoin as loan collateral under Russia's new regulated crypto trading law
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While Western regulators play defense, Singapore just put $173 million on the table to build the financial rails everyone else will use in five years.
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The central bankers finally caught up to what crypto builders already knew: code moves faster than committees can contain it. Andrew Bailey, head of the world's financial stability watchdog, urged G20 countries to coordinate on controlling frontier AI model releases
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