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Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.
Robinhood is once again blaming the GameStop crisis on infrastructure, but experts point to undercapitalization.
The fund introduces a tokenized class of units, which are initially set to be issued on Ethereum, according to its prospectus.
Cere Network is facing a second lawsuit this month that accuses its co-founder and board of fraud in relation to a public token launch for the platform in 2021.
The rise in XRP wallets holding more than 1 million tokens comes despite a weakening of broader crypto market sentiment, with a popular crypto indicator sitting in “fear” territory.
The agency says issuer approval is required for true tokenized ownership, warning that many stock tokens sold to retail investors provide only indirect or synthetic exposure.
The US regulator has defined tokenized securities as either issuer-sponsored or third-party models, clarifying that the blockchain format doesn’t exempt assets from federal securities law.
Robinhood CEO Vlad Tenev says while settling stock trades only takes one day, it is still “far too long,” a problem tokenized stocks can likely solve.
Hyperliquid’s HYPE token gained 60% as a sharp uptick in staking and open interest occurred, but other DEX-related fundamentals raise questions on how long the rally can last.
The SEC said Wednesday blockchain-based recordkeeping does not alter investor protections, while leaving unresolved how crypto-native products fit into existing law.
SEC leadership has been long at work to roll out a token taxonomy as U.S. legislators work to pass a market structure bill.
The WLD token surged after Forbes reported that Sam Altman's OpenAI is planning to use Worldcoin to fight bots online.
