The differing positions of these giants are now public as the U.S. Securities and Exchange Commission (SEC) published responses to its request for comment on “Novel ETFs” (exchange-traded funds). As the name suggests, these include funds that hold unusual assets or offer less common strategies, including investments in crypto assets. In total, the SEC asked
AMC Entertainment CEO Adam Aron lashed out at Robinhood’s tokenized version of the movie-theater chain’s shares Thursday, shining a spotlight on synthetic stocks on blockchains that track companies without their involvement. “Robinhood apparently is behind an effort related to ‘tokenized real-world assets including Stock Tokens’ for AMC Entertainment,” Aron wrote on X. “We have no
The U.S. Office of the Comptroller of the Currency gave a new charter to OpenReserve Bank, a blockchain bank backed by a number of crypto world investors, including Andreessen Horowitz, Jump Capital and Coinbase Ventures. The OCC has preliminarily approved charters for a swelling array of banks — mostly trust companies — but in this
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full $USDT backing. The figures keep Tether at the center of the stablecoin market’s profitability and reserve debate. $USDT remains the largest dollar stablecoin in crypto, and Tether’s reserve earnings have become
Carina Network has successfully raised $32.5 million, fully backed by banks, highlighting a significant shift toward tokenized deposits. This development reflects growing institutional interest in innovative banking solutions as reported by ZKsync. The implications of this funding may reshape how banks approach asset management. What Went Down The broader crypto market is witnessing mixed signals,
Could the U.S. equity market become a catalyst for crypto this September? Technically speaking, U.S. stocks had a bullish August in general. The S&P500 index crossed the 7800 level and recorded a new absolute maximum, closing up by about 2% for the month. Compared to Bitcoin’s almost 25% gain, it becomes evident that there was
India’s gold dominance is facing a new challenge as crypto ownership approaches 100 million users, although the gap remains wide. About 700 million Indian adults, 75%, own gold, compared with roughly 97.5 million, 10.2%, who hold crypto, according to figures cited by CoinDCX co-founder Sumit Gupta on September 3, 2026. The contrast highlights both gold’s