Category: Reviews

ECB urges tighter rules on multi-issuance stablecoins to curb financial risks

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Key Takeaways The European Central Bank (ECB) is calling for bans or stricter oversight on multi-issuance stablecoins due to crash fears. The ECB highlights concerns that stablecoins issued across multiple countries by the same entity can create financial stability risks. Share this article The European Central Bank is pushing for stricter rules on multi-issuance stablecoins, citing concerns that rapid expansion of these digital assets could trigger broader financial instability without proper oversight. The ECB has recommended addressing gaps in rules for third-country stablecoin issuers to prevent inconsistencies in multi-jurisdictional operations.…

Turkey moves to expand Masak’s powers to combat illicit crypto activity

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Key Takeaways Turkey is expanding the powers of its Financial Crimes Investigation Board (Masak) to combat illicit crypto activities, including illegal gambling. Masak could gain the authority to restrict mobile and internet banking operations suspected of facilitating financial crimes connected to cryptocurrencies. Share this article Turkey is moving to strengthen its Financial Crimes Investigation Board (Masak) with expanded powers to combat illicit crypto activity, according to Bloomberg. The proposed measures target misuse of bank and crypto accounts in schemes such as illegal gambling and fraud. The proposed regulation would grant…

Coinbase to introduce Sui futures on derivatives platform on October 20

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Key Takeaways Coinbase will list Sui futures on its derivatives platform starting on October 20. Sui is a layer 1 blockchain focused on high-speed transactions and ecosystem growth. Share this article Coinbase will launch Sui futures on its derivatives platform on October 20, expanding trading options for the layer 1 blockchain’s native token. The CFTC-regulated exchange has been broadening its crypto derivatives offerings to enhance access for US investors. Coinbase Derivatives recently introduced perpetual-style futures for assets including Solana and XRP. Sui focuses on high-speed transactions and has upcoming token…

Spot gold reaches record high of $3,833 with nearly 2% gain

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Key Takeaways Spot gold hit a record high of $3,833, registering nearly a 2% gain in one day. Gold prices are up more than 45% year-to-date in 2025, vastly outperforming the S&P 500. Share this article Spot gold reached a record high of $3,833 today, marking a nearly 2% gain as the precious metal continues its surge amid ongoing geopolitical tensions and central bank demand. Gold has outperformed the S&P 500 by a factor of three this year, with spot prices climbing over 45% year-to-date in 2025. The rally extended…

Cyber Hornet files for ETFs blending S&P 500 with Ether, XRP, and Solana futures

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Key Takeaways Cyber Hornet has filed to launch three ETFs combining S&P 500 stocks with Ether, Solana, and XRP futures in a 75/25 allocation. The proposed ETFs will charge a 0.95% management fee, rebalance monthly, and provide exposure to crypto through direct and futures investments. Share this article Cyber Hornet Trust is seeking regulatory approval for three new exchange-traded products designed to track the S&P 500 and the S&P CME 75/25 Blend Indexes for Ethereum, XRP, and Solana futures, according to a recent SEC filing. The proposed ETFs are the…

Bombay Stock Exchange rejects company listing for crypto investments

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Key Takeaways Bombay Stock Exchange (BSE) denied Jetking Infotrain’s listing because the company planned to invest 60% of raised funds in virtual digital assets, mainly Bitcoin. Indian regulatory framework allows companies to use profits for crypto purchases but not public fundraising for such investments. Share this article The Bombay Stock Exchange denied Jetking Infotrain’s listing application after the IT training company disclosed plans to allocate around 60% of raised funds to virtual digital assets as a treasury strategy. Jetking, which planned to raise over ₹6 crore through share sales, intended…

Circle plans on-chain refund protocol for Arc blockchain

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Key Takeaways Circle plans to launch an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will use escrow and arbiter-resolved refunds to let treasury teams and banks manage disputes fully on-chain. Share this article Circle plans to introduce an on-chain refund protocol for its Arc blockchain to address fraud and compliance issues in stablecoin transactions. The Refund Protocol will hold disputed payments in escrow and enable arbiter-resolved refunds, providing a mechanism for treasury teams and banks to manage transaction…

T Rex’s 2x BitMine ETF sees $32m on first day, third best of 2025

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Key Takeaways T-Rex’s 2X BitMine ETF (BMNU) recorded $32 million in trading volume on its first day, making it the third-best ETF launch of 2025. BMNU offers investors 2X leveraged daily exposure to BitMine’s stock performance, appealing to those seeking amplified returns tied to cryptocurrency-related firms. Share this article T-Rex launched its 2X BitMine ETF (BMNU) today, generating $32 million in first-day trading volume and ranking as the third-best ETF debut of 2025, according to Bloomberg ETF analyst Eric Balchunas. The fund provides 2x daily leveraged exposure to BitMine Immersion…

Fetch.ai introduces Agentverse MCP, enabling AI agent creation in minutes

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Key Takeaways Fetch.ai launched Agentverse MCP, enabling fast AI agent creation and deployment across various platforms, including Claude AI and OpenxAI Network. A streamlined variant, Agentverse MCP-Lite, allows for quick agent setup and monitoring. Share this article Fetch.ai today launched Agentverse MCP, a server enabling rapid AI agent creation and deployment for platforms like Claude AI and OpenxAI Network, a decentralized AI infrastructure provider. The new tool allows users to build and deploy AI agents in minutes across compatible MCP clients. The launch includes Agentverse MCP-Lite, a streamlined server variant…

Kraken in talks with strategic investor at $20B valuation: BBG

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Key Takeaways Kraken is reportedly in talks with a strategic investor for a deal valuing the company at $20 billion. This would mark a sizable increase from its last $15 billion valuation after a $500 million funding round. Share this article Kraken, a cryptocurrency exchange preparing for a 2026 IPO, is in talks with a strategic investor at a $20 billion valuation, Bloomberg reported today. The discussions represent a significant jump from Kraken’s recent $500 million funding round that valued the company at $15 billion. That round included participation from…