With a court set to consider a reversal of a $5 million settlement from the US Commodity Futures Trading Commission’s (CFTC’s) case …
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Three of Japan’s biggest banks, MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank, are in line to co-issue a stablecoin …
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MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. www.coindesk.com
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Smart Contracts
Japan’s Largest Banks Plan Joint Stablecoin Launch by March 2027
by shayaanby shayaanIn short Japan’s MUFG Bank, Mizuho Bank and SMBC have established a council to develop operational frameworks for stablecoin issuance. The banks …
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DeFi
DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers
by shayaanby shayaanThe same architectural openness that turned a forged cross-chain message at Kelp DAO’s bridge into hundreds of millions of bad debt at …
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Finance
OpenAI in advanced talks with major private equity firms for $10B joint venture: Report
by shayaanby shayaanOpenAI is planning to establish a joint venture with leading private equity firms to accelerate the distribution of its enterprise AI products. …
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DeFi
Haedal Protocol and Sui Wallet Announce Joint Pre-TGE Event With Prize Pool of $20K
by shayaanby shayaanHaedal Protocol, a Sui ecological liquidity staking platform, has officially launched its Pre-TGE event in collaboration with Sui Wallet. The new campaign …
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Regulation
SEC facing joint lawsuit from 18 US states over ‘unconstitutional persecution’ of crypto
by shayaanby shayaanAttorney Generals of 18 US states have filed a joint lawsuit against the Securities and Exchange Commission (SEC), its Commissioners, and Chair …