SEC and CFTC publish a joint token taxonomy. Most crypto assets are classified as non-securities under the new guidance.
Ripple launches a $750 million share buyback at a $50 billion valuation. Employees and investors gain liquidity.
US Senate advances a CBDC ban with an 84-to-6 vote, embedded in a housing bill – a clause prohibits Fed-issued digital currency until 2030.
Nasdaq and Kraken are developing a gateway for tokenized equities between regulated exchanges and decentralized finance (DeFi) networks.
Kraken Financial becomes the first crypto firm to gain a Fed Master Account, securing direct access to the Fedwire payment system.
Trump warns US banks against blocking his crypto agenda and calls for swift passage of the Clarity Act market structure law.
Hyperliquid surpasses Coinbase International in derivatives volume with 2.9 trillion USD in 2025 as DEXes catch up.
Ripple joins Singapore’s BLOOM sandbox to test RLUSD as an automated settlement asset for trade finance on the XRP Ledger.
Morgan Stanley files second S-1 amendment for MSBT, aiming to become the first major US bank to directly issue a spot Bitcoin ETF.
Stablecoins hit $310 billion in market cap and $33 trillion in transactions: How they are driving liquidity across the global economy.
