SBI Group has partnered with Ondo Finance to tokenize Japanese stocks and use its yen-backed JPYSC stablecoin for settlement and collateral. Summary SBI has partnered with Ondo to bring tokenized Japanese stocks into its financial ecosystem. JPYSC will support settlement and collateral for Ondo’s tokenized financial products. The deal follows SBI’s launch of a tokenized
ARK Invest has challenged a16z crypto’s view that traditional financial institutions will mainly adopt controlled blockchain systems rather than decentralized finance. Summary ARK argues public blockchains will win institutional adoption as tokenized assets increasingly connect with DeFi. A16z expects banks to adopt blockchain primitives while keeping compliance, governance and operational control centralized. Standard Chartered forecasts
Volvo Group has tested a proprietary cryptocurrency as part of an internal blockchain project designed to simplify transactions between the company and its suppliers. Summary Volvo Group tested a proprietary cryptocurrency to simplify supplier transactions inside a closed blockchain network. The project remains exploratory, with no timeline announced for full deployment across Volvo’s global operations.
Visa has outlined how stablecoins and traditional card networks can work together in AI-driven commerce, arguing that low-cost blockchain payments will be critical as software agents begin handling machine-to-machine transactions. Summary Visa and Artemis said stablecoins are better suited for low value AI driven machine payments, while cards remain effective for consumer purchases. The report
A Bitcoin wallet that had remained inactive for more than eight years has transferred 5,908 BTC worth about $383 million, reviving another long-dormant holding as traders continue tracking large onchain movements. Summary A Bitcoin wallet dormant for more than eight years transferred 5,908 BTC worth about $383 million to a new address. Onchain data showed
A California pair has been indicted on allegations of running a darknet drug operation that prosecutors say generated hundreds of thousands of dollars in cryptocurrency proceeds from fentanyl and methamphetamine sales. Summary California prosecutors have charged two people with running a darknet drug operation that allegedly laundered crypto proceeds from fentanyl and methamphetamine sales. Authorities
Bitcoin has slipped below $65,000 after Iran rejected renewed prospects for peace talks with the United States, adding fresh pressure to risk assets as military operations continue. Summary Iran rejected U.S. peace talks despite Trump’s claim that Tehran wants a deal. Bitcoin fell below $65,000 as renewed U.S.-Iran tensions weighed on markets. Polymarket traders see
BlackRock’s iShares Bitcoin Trust has secured a major regulatory win after the U.S. Securities and Exchange Commission approved a fourfold increase in the ETF’s options position limit from 250,000 to 1 million contracts. Summary SEC has approved raising IBIT options limits from 250,000 to 1 million contracts. NYSE Arca says the higher cap matches strong
Base creator Jesse Pollak has acknowledged that the network’s multi-year bet on onchain social products did not deliver the expected growth and has redirected Base toward trading, payments, and AI-powered financial infrastructure. Summary Jesse Pollak admitted Base’s onchain social strategy failed to drive expected crypto adoption. Base will prioritize trading, stablecoin payments, and AI agent
Senate Democrats have intensified scrutiny of Acting U.S. Attorney General Todd Blanche during his confirmation hearing, accusing him of weakening crypto enforcement while President Donald Trump’s digital asset businesses have expanded. Summary Dick Durbin accused Todd Blanche of dismantling DOJ crypto enforcement to benefit Trump’s crypto businesses. Senate Democrats linked Blanche’s nomination to demands for
