Category: crypto

Tangem is launching Tangem Pay, allowing users to spend USDC with a virtual Visa card while keeping assets in self-custody. There are no fees, and privacy remains intact. The rollout begins in November in the U.S., LATAM, and APAC, with EU/UK planned for early 2026. Users control their private keys.

Chainlink and SBI Digital Markets are collaborating on tokenized finance. SBI Digital Markets will use Chainlink’s CCIP as its cross-chain infrastructure. The partnership enables tokenized real-world assets across public and private blockchains with privacy controls. This aligns with SBI Digital Markets’ goal of creating a digital asset hub for issuance and trading.

The UK is working on setting clear rules for stablecoins to align with global regulatory developments. The Bank of England will release a consultation on Nov. 10, focusing on stablecoins used for payments with temporary holding caps. The goal is to match the pace of U.S. regulations while managing financial stability risks.

Robinhood executives are evaluating the possibility of establishing a cryptocurrency-funded treasury, but are unsure if it would benefit shareholders. The company’s Q3 revenue increased by 97% year over year to $1.27 billion. Despite being a prominent crypto broker, Robinhood is hesitant to make a decision on this matter.

Ripple currently has no plans for an IPO despite the growing trend of crypto companies going public. The company’s President Monica Long cited strong financial position and rapid growth from stablecoin payments as reasons for focusing on private expansion. Ripple recently secured $500 million in funding and formed partnerships with major companies.

Switzerland has initiated a public consultation for stablecoins, proposing a new regulatory framework under FINMA oversight. The country aims to benefit from stablecoins by creating a new license category for payment instrument institutions issuing value-stable blockchain-based tokens. This move could strengthen the Swiss franc and improve the country’s tokenized asset markets.

Bitcoin ETFs have seen six consecutive days of outflows totaling over $2.05 billion, with BlackRock’s IBIT leading the withdrawals. Bitcoin trades around $103,000 with weak demand and muted sentiment. Resistance at $106,000 could cap gains, leading to a potential drop below $100,000 if buyers remain sidelined. Trading activity remains cautious as uncertainty persists.

Monad is launching its Layer-1 blockchain mainnet on November 24, with the MON token generation event. The blockchain can process up to 10,000 transactions per second with one-second finality and supports smart contracts, DeFi, and NFTs. The project raised $244 million, with MON listing on Kraken on launch day.

Circle, the issuer of the USDC stablecoin, has updated its terms to allow the purchase of firearms using USDC. The change was made after pressure from gun rights groups. The company reserves the right to monitor transactions and may suspend or terminate accounts if terms are violated.

Gemini is looking to launch regulated prediction markets pending approval from the CFTC, expanding beyond crypto trading. This move would position the exchange against competitors like Kalshi and Polymarket. Analysts see prediction markets as Gemini’s next growth driver post-IPO, attracting new retail and institutional users.