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The EU’s focus shifts to tokenizing RWAs

Europe’s next big crypto move won’t be MiCA 2.0. Instead, the European Commission is set to unveil proposals in December that aim to bring traditional financial assets onto blockchain. Summary The Commission’s upcoming SIU proposals are expected to include measures for tokenizing equities, bonds, and derivatives. The EU’s DLT Pilot Regime, launched in March 2023,…

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South Korea will share crypto data with 48 nations: report

South Korea has agreed to share information on crypto transactions with as many as 48 states, as per the agreement on the OECD’s Crypto-Asset Reporting Framework. Summary South Korea aims to strengthen crypto tax monitoring through the OECD’s Crypto-Asset Reporting Framework. Starting 2027, crypto services are mandated to share crypto transaction history and tax-related information…

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Nobel Prize winner warns of stablecoin risks as market cap hits $280bn

Nobel Prize-winning economist, Jean Tirole, warns retail investors of the hidden risks behind viewing stablecoins as “safe assets” considering it still has insufficient supervision. Summary Nobel Prize winner Jean Tirole warns that investors may gravitate towards riskier assets if U.S. government bonds fail to perform well. Stablecoin market cap rose by $16 billion in the…

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Bluprynt completes first KYI verification of a global stablecoin with USDC

Bluprynt, an embedded compliance and blockchain infrastructure  solutions platform, has completed a know your issuer verification of USDC, the first such milestone with a global stablecoin. Summary Bluprynt announced the successful completion of know your issuer for Circle’s stablecoin USDC. Stablecoin regulation is among top areas of focus for regulators amid global adoption. Bluprynt announced…

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CFTC clears path for Americans to access non-U.S. exchanges

The Commodity Futures Trading Commission has issued new guidance clarifying how non-U.S. exchanges can legally provide direct market access to American traders.  Summary The CFTC issued new guidance clarifying how non-U.S. exchanges can register under its Foreign Board of Trade framework. The move could allow U.S. traders legal access to offshore markets, including crypto derivatives…

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China, Japan, and other countries to challenge USD-pegged stablecoins crusade

A lot was said about how the U.S. economy can benefit from USD-pegged stablecoins, especially now, when the GENIUS Act provides a clearer framework for the issuers. But can other countries benefit from issuing stablecoins pegged to their respective national currencies? Yes, they can, and several countries are already joining the race. Summary USD-pegged stablecoins…

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Trump Bends And Bullies All Who Resist Him

Trump’s confrontations have unsettled markets and governance worldwide. Crypto has so far been spared, but its protection rests on a shifting political balance. Summary Trump dismissed Fed Governor Lisa Cook on Aug. 26 and has repeatedly threatened Chair Jerome Powell, testing the legal limits of central bank independence. Tesla, SpaceX, major broadcasters, and universities have…

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