Backpack joins race for 24/7 stock markets with tokenized equities
The launch comes as tokenized stocks become one of the fastest-growing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7 trading.
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight crypto’s evolving financial landscape.
MiCA licensing only the beginning as crypto custodians face scrutiny
A MiCA license allows crypto firms to operate in the EU, but the ESMA’s review will test whether custodians can meet the required security and resilience standards.
Will the crypto lobby's $189M campaign get CLARITY over the line?
As the CLARITY Act advances, crypto's growing political influence in Washington is under scrutiny. But the crypto lobby's massive campaign spend is only part of the story.
Wall Street banks tighten prediction market rules for staff as insider fears spread
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across Polymarket and Kalshi.
USDC issuer Circle wins final approval for US national trust bank charter
Circle announces it received final OCC approval for a national trust bank that will initially serve the company and affiliates, with possible future custody services for institutional clients.