Day: March 2, 2026

JPMorgan CEO Jamie Dimon pushes level playing field for stablecoin rewards

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JPMorgan Chase CEO Jamie Dimon said he welcomes competition and advances in blockchain technology but stressed that stablecoin rewards should operate under a level regulatory playing field. Addressing reported tensions with Coinbase CEO Brian Armstrong over crypto market structure legislation and the question of whether exchanges should be permitted to offer stablecoin rewards, Dimon said that banks consider those rewards to be the equivalent of paying interest on deposits. He added that any company holding customer funds and offering interest is effectively acting as a bank and should face the…

Can US Lawmakers Pass Crypto Market Structure Before the Midterms?

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While US Senate lawmakers have been working to pass a comprehensive digital asset market structure bill since July, some industry observers in Washington say progress could be “on hold” due to government gridlock. Since the House of Representatives passed the CLARITY Act last summer and sent the legislation to the other chamber, lawmakers have faced a historically long government shutdown, partisan divides on ethics and debates over stablecoin yield that have likely slowed progress on the bill, which could be further hampered by the upcoming US midterm elections in November.…

Uniswap secures full dismissal in scam token class action lawsuit

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Uniswap secured a complete dismissal in a class action lawsuit alleging its platform facilitated fraudulent token trades, closing a case that began in 2022. In a ruling released Monday, Judge Katherine Polk Failla of the US District Court for the Southern District of New York threw out the second amended complaint with prejudice, finding that the plaintiffs could not hold the company liable for alleged misconduct by unidentified third-party token issuers. The litigation was first filed in April 2022 by investors who said they lost money on anonymous scam tokens…

US Authorities Seek to Recover $327K USDt from Romance Fraud Scheme

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A February report claimed that Tether had frozen about $4.2 billion worth of its USDt stablecoin allegedly connected to illicit activities since 2023. The US Justice Department is seeking to recover about $327,829 worth of stablecoins allegedly connected to a money laundering scheme part of an online romance scam. In a Monday notice, the US Attorney’s Office for Massachusetts said it had filed a civil forfeiture action to recover more than 327,829 of Tether’s USDt (USDT). According to authorities, the funds were tied to an alleged online romance fraud scheme…

Are Investors Giving Up on BTC?

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Key takeaways: Bitcoin futures demand has hit its lowest level since 2024, signaling that many institutional traders are staying cautious. Despite lower confidence from bulls, high CME open interest suggests that major institutions have not left the market. Bitcoin (BTC) price has gained 10% since retesting $63,000 on Saturday, providing a glimpse of hope for bulls as stock markets moved in a different direction amid escalating tensions in the Middle East. However, demand for Bitcoin futures has been declining, with open interest reaching its lowest levels since 2024. This trend…

NYSE Tokenized Stocks Draw Attention From TD Securities

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TD Securities, a major Canadian investment bank with operations across North America, says tokenization may be approaching an institutional turning point following the New York Stock Exchange’s push into tokenized equities. In recent commentary, TD Securities Reid Noch, vice president for electronic trading, said tokenization is beginning to carry real implications for market structure, pointing to the NYSE’s proposed tokenized equities alternative trading system (ATS) as a key development. The planned platform would enable 24-hour trading and near-instant settlement of tokenized stocks and exchange-traded funds (ETFs), subject to regulatory approval.…

Bitfinex Resumes USDt Tokenized Bonds on Liquid

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Bitfinex Securities said on Monday it will resume issuing tokenized bonds for Luxembourg-based securitization fund ALTERNATIVE, with future sales expected to exceed $10 million. The USDt-denominated bonds will be issued and settled on the Liquid Network, a Bitcoin sidechain, with fundraising, coupon payments and principal repayments executed fully onchain. The move follows four prior tokenized bond issuances since 2023 totaling $6.2 million, three of which have matured and been fully repaid, representing about $1 million in principal returned to investors. Across those offerings, investors received 20 onchain coupon payments worth…

Monad Gains Bitcoin Liquidity as Chainlink Enables cbBTC Bridge from Base

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Chainlink has enabled transfers of Coinbase’s wrapped Bitcoin token, cbBTC, from Base to the Monad blockchain using its Cross-Chain Interoperability Protocol, enabling more than $5 billion worth of cbBTC to move into the Monad ecosystem. According to Monday’s announcement from Monad, the integration brings cbBTC into the Monad DeFi ecosystem, where a bevy of applications, including Curvance and Neverland, are adopting cbBTC markets. The move introduces Bitcoin-backed liquidity to lending, borrowing, and other decentralized finance (DeFi) applications on Monad, an EVM-compatible layer-1 blockchain designed for high-throughput trading and financial use…

Nasdaq files to launch binary options on Nasdaq 100 in prediction market push

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Exchange seeks SEC approval for yes or no contracts on flagship index as event trading expands. Nasdaq, the global stock exchange operator and financial technology provider, is pushing into the prediction market sector with plans to launch binary options tied to its flagship index. The company’s subsidiary Nasdaq MRX filed with the Securities and Exchange Commission to introduce cash-settled contracts linked to the Nasdaq 100, according to regulatory documents. The European-style binary options would function similarly to short-term directional wagers offered on crypto-native platforms. The filing comes as prediction markets…

Pump.fun expands app beyond native tokens with support for WBTC, USDC and rival launchpads

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Pump.fun, a Solana-based token launchpad, announced a significant expansion of its mobile application today, allowing users to trade assets beyond its native ecosystem for the first time. It’s time to bring the Pump fun app to the next level For the first time ever, users can trade more than just Pump fun coins With support for other launchpads, WBTC, PUMP, USDC & more, the Pump fun app is more versatile than ever 👇 pic.twitter.com/FkKEwJ8zR8 — Pump.fun (@Pumpfun) March 2, 2026 The platform said its app now supports tokens from external…