Category: crypto
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NYSE moves closer to tokenized stocks under DTC pilot
The New York Stock Exchange has filed a rule change with the SEC to allow tokenized securities to trade on its market. Tokenized assets must mirror traditional securities and will be cleared and settled through DTC. This move aligns with a broader trend of major exchanges incorporating blockchain-based settlement.
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Crypto market recap: What happened today?
On May 3, the crypto market recap focused on U.S. regulation, tokenized securities, venture funding, and Bitcoin-related corporate activities. Coinbase reported progress on a key crypto bill, including a stablecoin rewards deal, while the NYSE filed for tokenized securities trading under DTC’s pilot program. Founders Fund raised $6 billion, and Tether backed a Bitcoin merger…
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New York secures $5M from Uphold over CredEarn promotion
New York Attorney General Letitia James has reached a settlement with crypto platform Uphold, securing over $5 million for customers affected by the failed CredEarn product. Uphold promoted CredEarn without disclosing key risks, leading to losses for investors. This settlement is part of New York’s broader enforcement efforts against crypto products.
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Iran crypto giant Nobitex hit by sanctions questions: Reuters
Nobitex, Iran’s largest crypto exchange, founded by the Kharrazi brothers of the influential political family under a different name, denies state links despite transactions with sanctioned entities. The platform faces scrutiny amid rising crypto movements during conflict and concerns about facilitating funds beyond Western controls. Outflows surged after Tehran strikes.
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BlackRock pushes OCC to rethink tokenized reserve limits
BlackRock has asked the OCC to revise proposed GENIUS Act rules by removing a cap on tokenized stablecoin reserve assets. They argue that reserve rules should be based on liquidity, credit quality, and maturity risk, not on whether an asset is tokenized. BlackRock’s BUIDL fund is gaining use as institutional collateral in crypto trading platforms.
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Bitcoin community backs leaving Satoshi’s coins untouched
Bitcoin developers and crypto advocates are debating how to handle Satoshi Nakamoto’s early Bitcoin holdings. Advocates argue that touching Satoshi’s coins could weaken the network’s core ownership promise. Quantum risks have revived the debate over old Bitcoin wallets and security planning. Developers support post-quantum research but reject forced action against dormant Satoshi-linked coins. Thorn from…
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Ripple’s David Schwartz denies gag order claims as XRP debate grows
Ripple CTO David Schwartz denied claims of being under a gag order regarding comments on Ripple and XRP. He refuted $10,000 XRP price forecasts, emphasizing market behavior. The dispute arose from community criticism, with Schwartz defending his integrity and refuting allegations of misleading the XRP community. Schwartz also clarified old statements about XRP price targets…
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Bitcoin critic Warren Buffett warns crypto traders on risky bets
Warren Buffett warned investors about increasing speculation in markets during the 2026 Berkshire Hathaway shareholder meeting. He criticized short-term trading, risky bets, and the growing interest in volatile assets like crypto. Buffett compared the market to a mix of investing and gambling, with a focus on the rise of short-term options trading.
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Coinbase says crypto bill deal clears Senate path
Coinbase announces that Senate negotiators have reached a compromise on a disputed provision in a crypto bill related to stablecoin rewards. The deal includes limits on deposit-like rewards for banks and allows crypto firms to continue offering rewards based on user activity. This agreement could help move the CLARITY Act forward in the Senate.
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A16z enters CFTC battle over state prediction market bans
Andreessen Horowitz is supporting the Commodity Futures Trading Commission against state restrictions on prediction markets like Kalshi and Polymarket. The CFTC argues that federally regulated markets should not face separate state bans. The firm warns that state crackdowns could limit user access and reduce market liquidity. The U.S. Senate has also voted to ban senators…