Category: crypto

N3XT, a new U.S. bank, offers instant, programmable B2B payments in U.S. dollars, operating around the clock. The platform allows for automated payments, immediate access to funds, and is fully regulated as a narrow bank. Led by fintech veterans and backed by top investors, N3XT aims to revolutionize business payments.

21Shares has launched the first leveraged ETF linked to the Sui blockchain project, now trading on the Nasdaq after SEC approval. This expands cryptocurrency-related investment options on U.S. exchanges. The 2x Leveraged SUI ETF aims to provide exposure to the Sui ecosystem for institutional and retail investors through a regulated vehicle.

The Commodity Futures Trading Commission authorized spot cryptocurrency trading on federally regulated U.S. futures exchanges for the first time, providing investors with a safer domestic alternative to offshore platforms. The move aligns digital assets with traditional commodities markets and follows guidance from the President’s Working Group on Digital Asset Markets. Multiple major exchanges are in…

Decentralized exchange Aster plans to launch its own Layer-1 blockchain, Aster Chain, in the first quarter of 2026. The blockchain will support high-volume trading and include features such as privacy enhancements and on-chain order books. Aster also plans to introduce staking and governance mechanisms for its ASTER token.

Robinhood stock rose despite a cease-and-desist order from Connecticut regulators related to prediction market operations. The state ordered Robinhood to halt contracts and allow residents to withdraw funds. Other platforms like KalshiEX and Crypto.com were also cited for offering contracts without proper licensing. Legal battles are ongoing in multiple states over online prediction markets. Robinhood…

Connecticut has ordered Kalshi, Robinhood, and Crypto.com to stop offering unlicensed sports event contracts due to concerns about age verification, security, and consumer protections. The platforms argue against the order, with Kalshi challenging it in federal court, Robinhood citing CFTC oversight, and Crypto.com yet to respond. This move by Connecticut is part of a larger…

Binance is facing a legal dispute after a 2022 incident led to the loss of significant user funds. The Florida appeals court has reinstated a lawsuit claiming Binance failed to freeze and recover stolen Bitcoin. The ruling allows the case to proceed in local courts, potentially impacting similar crypto lawsuits nationwide.

Citadel has urged the SEC to regulate DeFi like traditional finance, prompting Uniswap founder Hayden Adams to accuse the firm of attacking open finance. Adams criticized Citadel for lobbying the SEC to treat DeFi developers as intermediaries, arguing that this could lead to excessive regulation and hinder innovation in the industry.

Chorus One and Bitget have partnered to offer institutional-grade Monad staking to over 120 million users, with $6 million in assets staked within the first week. The collaboration targets secure crypto adoption in emerging markets, focusing on decentralization and security in Asia-Pacific and African regions.

Brian Armstrong and Larry Fink discuss Bitcoin, tokenization, regulation, and AI at the DealBook Summit, envisioning a future where crypto is integrated into the global financial system. They differ on whether Bitcoin is driven by hope or fear but agree that 2025 will be a critical year for U.S. crypto policy. The content discusses the…