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Japan Exchange Group weighs tighter oversight of crypto treasury firms

Digital asset treasury companies in Japan are at risk as the Japan Exchange Group Inc., which operates the Tokyo Stock Exchange, wants to tighten oversight over concerns that retail investors are being exposed to excessive risk from volatile crypto-linked stocks. Summary Japan Exchange Group is weighing tighter oversight of listed firms that stockpile crypto. Shares…

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Aerodrome and Velodrome merge into Aero DEX

Dromos Labs, the team behind Aerodrome on Base and Velodrome on Optimism, has announced a new unified exchange called Aero.  Summary Dromos merges Aerodrome and Velodrome into a single DEX called Aero. Unified AERO token replaces AERO and VELO with no new minting or dilution. MetaDEX 03 system aims to boost efficiency and expand across…

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SEC chair Paul Atkins outlines crypto token classification

U.S. Securities and Exchange Commission chair Paul Atkins says the regulator is considering a new framework for classifying digital assets. Summary  Paul Atkins says the regulator is considering a new framework for digital asset classification. The SEC chair says a token taxonomy “anchored in the longstanding Howey investment contract” securities analysis is key. Digital commodities…

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Coinbase seeks legal sanctuary in Texas amid Delaware drift

Coinbase is severing ties with Delaware, seeking refuge in Texas’ nascent business courts after losing faith in the once-reliable Chancery’s judicial predictability and corporate deference. Summary Coinbase will reincorporate in Texas after shareholders approved leaving Delaware. The move follows growing frustration with Delaware’s Chancery Court unpredictability. Notably, the shift comes amid strong Q3 financial performance,…

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