Category: crypto

JPMorgan has launched a $100 million tokenized money market fund on the public Ethereum blockchain, targeting institutional clients seeking onchain cash instruments. The fund, part of the Kinexys platform, offers real-time settlement and liquidity management. This move reflects the bank’s shift towards public blockchain infrastructure for regulated financial products.

SEC is reviewing Nasdaq’s proposal to list and trade tokenized securities alongside traditional shares. The proposal includes using blockchain technology for efficiency while maintaining DTCC clearing. Public feedback is sought, with industry support for efficiency gains, but concerns from Ondo Finance and Cboe urge the SEC to delay approval until DTCC clarifies settlement procedures.

Spanish and Danish police arrested individuals involved in a cross-border gang that kidnapped and killed a man to access his cryptocurrency holdings. The case is part of a global trend of violent ‘wrench attacks’ targeting crypto holders. Raids in Madrid and Málaga led to the seizure of weapons and evidence linked to the crime.

Kevin Hassett defends Fed independence as Trump considers him and Kevin Warsh for chair. Prediction markets show shift in odds. Crypto markets await further rate cuts. Hassett emphasizes Fed’s vote-driven process, stating Trump’s views matter only if data-based. Trump narrows chair race to Hassett and Warsh. Fed cuts rates to 3.5%–3.75%.

Barclays predicts a slow year for crypto in 2026, with decreasing retail participation and spot trading volumes. The bank cuts its outlook for Coinbase, highlighting tokenization and U.S. regulation as long-term factors. Regulatory progress and earnings impact are expected to be gradual, making 2026 a transitional year for the industry.

The UK Treasury aims to finalize cryptocurrency regulations by late 2027, subjecting the sector to Financial Conduct Authority oversight to prevent financial crime. This move is expected to enhance consumer protection and position the UK as a digital asset innovation hub. The FCA is developing tailored standards to address sector-specific risks.

Phantom Wallet is now offering a debit card in the U.S., allowing users to spend on-chain stablecoins through Apple Pay and Google Pay. The card is currently in early access for U.S. users, with plans for international availability in the future. Users can spend directly from their on-chain stablecoin balances, converting to dollars at the…

The SEC issued a bulletin warning retail investors about the risks of crypto asset custody, emphasizing the permanent loss of assets if private keys are lost. Investors must choose between self-custody wallets or third-party custodians, with the SEC cautioning about hacks, failures, and misuse by custodians. Research on custodian backgrounds and risk factors is advised.

Prysm developers released a post-mortem analysis of the Fusaka mainnet incident that threatened Ethereum network stability on December 4. A bug caused a drop in validator participation to 75%, resulting in missed epochs and lost proof rewards. The network avoided finality loss due to client diversity and rapid fixes by Prysm developers.

Exor rejected Tether’s proposal to acquire its 65.4% stake in Juventus Football Club for €1.1 billion. The Agnelli family, who has owned the club for over a century, reaffirmed their commitment to Juventus ownership. Tether, already a shareholder, offered a premium price per share and an additional €1 billion investment pledge.