Description
This week in crypto: Ripple’s Wall Street dealmaking, BlackRock’s Ethereum staking push, a regulatory rethink on ICOs, new prediction markets, and fresh experiments across wallets, ETFs, and stablecoins.
In this weekly recap, we cover:
Do Kwon Sentenced: The Terraform founder’s long legal saga ends with a 15-year prison term in New York.
Stablecoins Get Banked: Circle, Ripple, and others move closer to the U.S. banking system with OCC approval.
Ripple’s Big Raise: Wall Street piles into a $500 million Ripple deal, but not without serious safeguards.
BlackRock Eyes Staking Yield: The asset manager files for a staked Ethereum ETF as policy winds shift.
ICO Rules Redrawn: SEC Chair Paul Atkins says most token launches may sit outside securities law.
Gemini Bets on Predictions: The exchange wins CFTC approval to launch U.S. event-based markets.
Crypto as Collateral: The CFTC opens the door for BTC, ETH, and USDC in derivatives trading.
Circle’s Private Stablecoin: USDCx aims to blend privacy with compliance for institutions.
Farcaster Changes Course: A once-social protocol pivots hard toward wallets and onchain tools.
Bitcoin After Dark: A proposed ETF tries to trade BTC only while Wall Street sleeps.
Fun Bits: Binance confirms insider trading, and somehow a banana-themed memecoin still pumps.
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#bitcoin #ethereum #crypto #cryptocurrencies
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