Category: crypto
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SBI Ripple Asia signs MOU with Tobu Top Tours to develop tokenized payments
SBI Ripple Asia and Tobu Top Tours are teaming up to create a closed-loop payment system using unique tokens on the XRP Ledger. The platform will support travel, retail, and fan economies, with a launch planned for the first half of 2026. It aims to streamline cashless transactions and support localized economies, while also offering…
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QMMM stock halted by SEC after crypto treasury plan surge
SEC suspended trading in QMMM Holdings after its stock surged 959% due to plans for a $100 million cryptocurrency treasury. Concerns of social media manipulation were raised. Nasdaq declined to comment. QMMM’s strategy includes Bitcoin, Ethereum, and Solana. The SEC also halted Smart Digital Group for similar reasons. Regulators are increasing scrutiny on companies pursuing…
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OKX Singapore brings stablecoin payments to GrabPay
OKX Singapore introduces stablecoin payments for daily purchases through GrabPay merchants across the city. The service, called OKX Pay, allows customers to spend USDT and USDC with instant SGD settlement via StraitsX. This initiative aligns with Singapore’s digital payments framework and integrates stablecoins into mainstream payments, bridging the gap between digital and traditional finance.
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Wisconsin bill to introduce licensing exemptions for certain crypto activities
Wisconsin lawmakers introduced Assembly Bill 471 to exempt crypto mining, staking, and non-fiat digital asset transactions from money transmitter licenses. The bill aims to fast-track innovation, reduce regulatory uncertainty, and support blockchain-based services. It must pass through committees and chambers before reaching the governor for final approval. Wisconsin has shown openness to digital asset innovation…
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All NFT Strategy tokens go live on OpenSea
TokenWorks’ NFT Strategy tokens have been listed on OpenSea, allowing traders to combine DeFi with NFTs. The tokens, like Punk Strategy, offer automated trading strategies for specific NFT collections. OpenSea has added a rewards pool for select tokens, with Punk Strategy already generating a market cap of $87.2 million since its launch.
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BitMine buys additional $127m ETH as Ethereum treasury companies double down
BitMine is aggressively increasing its ETH holdings with a recent purchase of 25,369 ETH worth $127 million, aiming to control up to 5% of Ethereum’s circulating supply. BitDigital is also expanding its ETH reserve with a $100 million convertible note offering, signaling growing institutional competition in ETH treasuries.
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SEC grants first-ever no-action letter to DoubleZero
The SEC has cleared DoubleZero’s DePIN tokens, confirming they are not subject to U.S. securities laws. The tokens are used to incentivize network participation and reward contributors for physical infrastructure. The decision is seen as a win for innovation in decentralized networks, with Commissioner Peirce highlighting the distinction from traditional securities.
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Token sees $93m inflows as ETF decision nears
XRP attracted inflows of $93 million in digital asset investment products, standing out amid a trend of outflows in the crypto market last week. The anticipation around upcoming ETF approvals, particularly for XRP, has led to increased investor interest. The SEC’s approval of generic listing rules for ETPs offering spot exposure to commodities and digital…
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FalconX unveils 24/7 OTC crypto options with BTC, ETH, SOL and HYPE
FalconX has introduced a new over-the-counter options trading platform for institutional investors, offering 24/7 availability for Bitcoin, Ethereum, Solana, and Hyperliquid. This move comes in response to the increasing demand for crypto investment opportunities, with the platform aiming to provide better liquidity and access to options for various cryptocurrencies.
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but experts warn of risks
The IPO wave in crypto is bringing opportunities and risks as Wall Street exposure increases. Firms like Circle, Tether, and Kraken are seeing investor interest, but experts warn about potential centralization risks. Stablecoins are becoming a core part of financial infrastructure, with the industry facing increased regulatory scrutiny.