Coinbase CEO Brian Armstrong Sees Major Crypto Wins in Election, Paving Way for Economic Freedom

Armstrong highlights pro-crypto victories and a shift in Congress as voters reject regulatory overreach.

Swift, UBS, and Chainlink complete pilot for tokenized fund transactions using Swift network

Swift, UBS Asset Management, and Chainlink have successfully piloted a system enabling tokenized fund subscriptions and redemptions through the Swift network, facilitating seamless transactions across digital assets and fiat payment systems. This initiative could streamline fund processes for over 11,500 institutions worldwide, enhancing efficiency and liquidity in the global mutual fund market.

Robinhood and Kraken Team Up to Launch Global Stablecoin Network Featuring Paxos’s USDG

Anchorage Digital, Bullish, and Galaxy Digital join forces to drive stablecoin adoption with a secure, enterprise-focused solution.

UBS Asset Management Launches Ethereum-Based Money Market Fund Token “uMINT”

UBS taps into rising demand for tokenized assets, offering institutional-grade cash management through blockchain.

Tether Sets New Financial Records in Q3 2024, Reaches $120 Billion in Stablecoin Circulation

Record-breaking quarter boosts Tether’s consolidated assets to $134.4 billion and reserve holdings in U.S. Treasuries to $102.5 billion, with the company reinforcing its market leadership through strategic investments and a strengthened reserve buffer.

Visa Partners with Coinbase to Enable Real-Time Fund Transfers for Crypto Traders

New integration with Visa Direct lets Coinbase users instantly add funds, purchase crypto, and cash out to bank accounts.

FTX sues KuCoin to recover over $50 million in withheld assets

Legal action follows claims of blocked access to funds linked to Alameda Research amid rising cryptocurrency prices.

Consensys to Cut Over 160 Jobs as SEC Legal Battles and Economic Pressures Mount

MetaMask developer scales back workforce as CEO Joe Lubin calls out SEC’s regulatory impact on crypto industry.

U.S. Government Investigates Tether Over Alleged Ties to Sanctioned Entities and Illicit Activities

Tether downplays claims, but scrutiny from Justice and Treasury Departments rattles crypto markets.

Microsoft Shareholders to Vote on Bitcoin Investment Proposal Despite Board Opposition

Proposal from ‘Project 2025’ member challenges Microsoft’s traditional investment strategy, with board advising against direct Bitcoin involvement ahead of December vote.