Animoca puts Currenc merger on ice, delaying its Nasdaq debut
Animoca Brands suspended its reverse merger talks with Currenc but said it remains committed to pursuing a listing on a major exchange.
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Australian 40-year economic outlook recognizes ‘AI revolution,’ omits crypto
Treasury named AI among five major transitions expected to reshape Australia’s economy, while Coinbase says the report overlooks the digital financial infrastructure AI agents could eventually need.
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Trueo prediction market moves from Base to Ethereum
Trueo said Base was the right choice when it launched, as Ethereum gas fees were higher, but said mainnet now offers greater integration potential.
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Kakao Pay, KakaoBank to explore stablecoin opportunities with Fireblocks
Kakao Pay and KakaoBank are exploring digital asset opportunities with Fireblocks, including infrastructure for stablecoins.
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Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg
The investigation is examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe.
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Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.
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Ondo lets institutions convert stocks directly into tokenized shares
Ondo’s new in-kind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.
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Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again
The digital asset-aligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to Bernie Moreno.
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Circle launches Bitcoin-backed USDC borrowing for institutional clients
Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin.
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Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks.
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