Day: November 26, 2025

Thailand Orders World To Delete 1.2 Million Iris Scans

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Authorities in Thailand have officially requested World, a Sam Altman-backed digital identity project, to suspend operations and delete all user identification data. Thailand’s Economic and Social Development Board, the country’s strategic planning agency, has ordered World to delete iris scans of 1.2 million local users, according to a statement by the Ministry of Digital Economy and Society (MDES) on Monday. The order detailed that World’s iris scanning in exchange for its Worldcoin (WLD) token violated Thailand’s Personal Data Protection Act, which governs the collection, use and disclosure of personal data.…

Grayscale files for Zcash ETF to broaden crypto access

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Key Takeaways Grayscale Investments has filed an S-3 form with the SEC to convert its Zcash Trust into a Zcash ETF. The ETF would provide broader, regulated investor access to Zcash, a privacy-focused cryptocurrency. Share this article Grayscale Investments, a digital asset management firm, has filed an S-3 form with the SEC for a Zcash ETF, advancing the conversion of its existing Zcash Trust into a publicly traded exchange-traded fund. The filing aims to provide broader investor access to Zcash, a privacy-oriented crypto asset designed for secure and selective transaction…

Blockrise Wins MiCA License For Europe-Wide Bitcoin Services

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Blockrise, a Netherlands-based Bitcoin-only startup, has secured a regulatory license that opens the door for fully regulated Bitcoin financial services across Europe. The Dutch Authority for the Financial Markets (AFM) has granted Blockrise a license under the new Europe-wide Markets in Crypto-Assets Regulation (MiCA) framework, the company announced Wednesday. Issued on Tuesday, the MiCA license allows Blockrise to provide its Bitcoin (BTC) services, including custody solutions, trading and asset management, throughout Europe. Additionally, Blockrise is debuting a new service that allows its business clients to obtain Bitcoin loans, even though…

XRP Breakout Loading? All Eyes on the Crucial $2.60 Level

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XRP holds above $2 as traders watch for a move to $2.60, while whale selling and low open interest signal cautious market activity. XRP is trading near $2.15 today, with a 24-hour trading volume of over $4 billion. The asset is up slightly over the past week, despite a minor dip in the last 24 hours. Analysts are now watching whether it can maintain its recent bounce and move toward the $2.60 level, which sits near the midpoint of its broader trading range. Price Rebounds Off Support With Eyes…

Polygon co-founder considers reverting POL token to its original MATIC ticker

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Key Takeaways Polygon’s Sandeep Nailwal is considering reverting the POL ticker back to MATIC due to community feedback. The ticker swap occurred as part of Polygon’s upgrade to 2.0, but many users feel more familiar with the original MATIC name. Share this article Polygon co-founder Sandeep Nailwal is considering asking exchanges to revert the POL token ticker back to its original MATIC name, seven months after the network completed its token migration. “Time and again, I keep hearing from folks in the Polygon trading community that MATIC was a far…

Polygon Founder Weighs Bringing Back MATIC After POL Rebrand

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Polygon co-founder Sandeep Nailwal spurred a public discussion about the project’s token branding, asking the community if the network should consider reverting its ticker from POL to MATIC.  On Wednesday, Nailwal said that while he personally thinks that they should stick to POL, he continues to hear feedback that the original MATIC ticker had stronger recognition, especially among retail users who are now confused about the asset’s whereabouts.  “The counter-argument I keep getting is: the guy in the Philippines running a sari-sari store, or an Uber driver in Dubai, knew…

Strategy Launches ‘BTC Rating,’ Claims Debt Is Safe During Bitcoin Slump

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Michael Saylor’s Strategy is attempting to calm investor concerns about its balance sheet after the recent Bitcoin market downturn and a sharp pullback in digital asset treasury (DAT) stocks. Strategy, the world’s largest corporate Bitcoin (BTC) holder, has rolled out a new credit rating dashboard based on the company’s preferred stock national value, and claims to have another 70 years’ worth of dividend payment runway to service its debt, if Bitcoin’s price remains flat. “If $BTC drops to our $74K average cost basis, we still have 5.9x assets to convertible…

Bolivia to integrate crypto into its financial system, starting with stablecoins

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Key Takeaways Bolivia is set to integrate stablecoins into the country’s formal financial system. Banks will be allowed to offer crypto services such as savings accounts, credit cards, and loans. Share this article Bolivia’s newly appointed Economy Minister Jose Gabriel Espinoza has announced that the country will integrate cryptocurrencies into its formal financial system. The implementation will start with stablecoins and is part of Bolivia’s modernization push. Banks will be permitted to offer crypto-based savings, credit cards, and loans to allow the assets to function as legal tender payment instruments,…

UK’s FCA Tests Industry Crypto Disclosures in Sandbox Pilot

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The United Kingdom’s Financial Conduct Authority (FCA) approved regulatory technology (RegTech) company Eunice to run experiments in its sandbox, which offers one of the clearest indications yet of how the country intends to build its forthcoming crypto rulebook. On Wednesday, the FCA announced that Eunice will test a set of standardized crypto disclosure templates with major exchanges, including Coinbase, Crypto.com and Kraken. The company will test whether the templates improve transparency when used in real-world settings.  The FCA also highlighted that its regulatory sandbox is still accepting applications from companies…

Cosmos proposes multi-stage plan to explore fee-based ATOM tokenomics

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Key Takeaways Cosmos Labs is launching a structured research effort to redesign ATOM’s tokenomics around real, fee-based value accrual. The goal is to move away from circular inflation models and toward fee-based, fundamentals-first economics. Share this article Cosmos has proposed a structured, community-driven research process to redesign ATOM’s tokenomics for long-term sustainability. The initiative will focus on building a data-driven, revenue-based economic model grounded in real ecosystem usage. After extensive community discussion, the team outlined a five-step roadmap: an open Request for Proposals, selection of multiple research firms, deep information…