Coinbase Seeks US Approval for Single-Stock Perpetual Futures
Coinbase has filed with the CFTC to bring crypto-style, round-the-clock perpetual futures on stocks like Apple and Tesla to US traders, pending regulatory approval.
Section
Markets
BOJ Raises Rates to 31-Year High as Bitcoin Tops $77,000
Japan's central bank raised rates to a 31-year high the same day Bitcoin topped $77,000, reviving questions about yen carry trades and their pull on global crypto markets.
Goldman Now Sees Another Fed Rate Hike Coming in October
Goldman Sachs now expects the Fed to hike rates again in October after Chair Kevin Warsh's hawkish remarks, reversing its earlier call for a pause following September's quarter-point increase.
Fed Raises Rates a Quarter Point, Bitcoin and Ether Swing on the News
The Fed's first rate hike in over three years rattled bitcoin and ether while other tokens held steady, as Chair Kevin Warsh signaled more tightening may follow.
Circle Launches Arc Mainnet With BlackRock, Visa and DTCC as Validators
Circle has activated Arc, a payments-focused Layer 1 blockchain run by validators including BlackRock, Visa and DTCC, marking the first native token minted by a public company for a new chain.
Circle’s $400 Million Tazapay Deal Buys Years of Market Access
Circle's reported $400 million purchase of Tazapay gives the USDC issuer instant access to emerging-market payment licenses and infrastructure that would otherwise take years to build.
Banks Move to Lock In Deposits With Tokenized Payments and Stablecoins
DBS and Citi completed a tokenized-deposit payment between Singapore and New York as 21 banks unveil plans for a joint dollar stablecoin, racing to keep corporate balances from leaving traditional banking rails.
Tokenized Stocks Draw Crowds, But Trading Volume Tells Another Story
Tokenized stocks are gaining holders fast, but trading volume is shrinking — and a Robinhood-AMC dispute is exposing gaps in investor protection as Wall Street pushes equities onchain.
Nasdaq Deepens Kraken Ties With Proposed $100 Million Payward Stake
Nasdaq Ventures has agreed to invest $100 million in Kraken parent Payward, deepening a tokenized-equity partnership and adding Payward as a customer of Nasdaq's market-surveillance technology.
Circle to Buy Payments Firm Tazapay for $400 Million in Stock
Circle agrees to acquire cross-border payments firm Tazapay for $400 million in stock, aiming to control the regulated banking infrastructure that converts stablecoins into local currency.