Cardano gives token issuers power to freeze, seize and restrict assets
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into the asset itself.
Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed.
Bitcoin.de trading remains halted as German regulator rejects MiCA application
Trading on the platform has largely been suspended since June as its operator awaited MiCA authorization, with the company now looking to regulated partners to restart services.Bitcoin Group SE says it is seeking an alternative operating model for its bitcoin.de platform after the German Federal Financial Supervisory Authority (BaFin) refused its subsidiary futurum bank AG’s…
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.Abstract, a consumer-focused Ethereum layer-2 blockchain built by Pudgy Penguins’ parent company Igloo Inc., said Tuesday it will shut down this year after struggling to scale and find…
Conduit sues Tether over allegedly freezing $2.8M without explanation
The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.Cross-border payments platform Conduit Technology alleged that stablecoin issuer Tether froze $2.76 million in USDt (USDT) without explanation in September 2025.In a complaint filed in the US District Court for the Southern District of…
Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing
The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment.A Winklevoss-backed exchange-traded fund (ETF) seeking to track Zcash’s price has filed a registration statement with the US Securities and Exchange Commission (SEC).The proposed Winklevoss Zcash ETF would hold ZEC directly and…
UK names 6 banks to lead first digitally native government bond
The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt, with issuance expected by the first quarter of 2027.The UK government has appointed six major banks to lead the issuance of its first digitally native government bond, with the pilot expected by the first quarter of 2027.Barclays, HSBC, Lloyds, Morgan…
Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast
The digital ruble’s early uptake comes as BRICS nations explore linking their digital currencies for cross-border trade and payments. Early adoption of Russia’s central bank digital currency, the digital ruble, has vastly exceeded forecasts, with more than 220,000 accounts opened in its first month, offering an early test of whether CBDCs can move beyond pilot…
Bill aims at stopping US lawmaker bets on their own elections ahead of midterms
The No Betting on Your Own Race Act will not be addressed before the 2026 US midterms as Congress is on recess until after the election.A North Carolina lawmaker has introduced legislation aimed at blocking politicians from using prediction market platforms to potentially profit on their own elections.On Monday, Representative Don Davis introduced the No…
Affluent investors seen boosting crypto exposure: Survey
Most affluent investors across seven countries own and are increasing their crypto holdings despite financial advisers who remain overly cautious about digital assets.A majority of affluent investors across seven of the biggest economies hold digital assets, with crypto accounting for around 10% of their portfolios on average, according to a new CoinShares survey.The survey covered…
