Business

State Street and Galaxy Launch Tokenized Liquidity Fund on Solana (SOL) in 2026

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State Street and Galaxy Asset Management plan to launch a tokenized liquidity fund in early 2026 that uses stablecoins for 24/7 investor flows, expanding the use of public blockchains in institutional cash management, the companies announced Wednesday. The State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, will accept subscriptions and redemptions in PYUSD, a […]

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Crypto CEOs Join the US CFTC’s Innovation Council to steer market development

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The Commodity Futures Trading Commission has announced the initial names as it stands up, its CEO Innovation Council, intended to delve into the development of derivatives market structures, particularly around tokenization, crypto and blockchain technology. Prominent CEO names in the crypto sector such as Gemini’s Tyler Winklevoss, Kraken’s Arjun Sethi and Polymarket’s Shayne Coplan will

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US banking regulator warns Wall Street about ‘debanking’, claims practice ‘illegal’

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President Donald Trump’s push against U.S. debanking of controversial industries such as digital assets has led to a new report from the Office of the Controller of the Currency further confirming past practices and warning of potential punishment for the banks allegedly involved. The OCC is instructing banks to heed President Donald Trump’s executive order

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Crypto Prices Fluctuate on Fed’s Powell, Treasury Purchase

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Bitcoin BTC$92,594.49 surged above $94,000 and then retreated quickly as Fed Chairman Jerome Powell sounded both dovish and hawkish after the central bank delivered a 25 basis point rate cut on Wednesday. BTC hovered around $92,000 for most of the day and rose to $94,400 as Powell – at his post-meeting press conference – underlined

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Andreessen Horowitz Crypto Unit expands to Asia with South Korea office

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A16z crypto, a venture capital fund under Andreessen Horowitz (a16z), said it is expanding into Asia, opening an office in Seoul and hiring Sungmo Park to lead operations in the region. South Korea is the world’s second largest crypto market, the Andreessen Horowitz unit said in a blog post. The office will work with founders

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Paxful pleads guilty to aiding and abetting crime and ignoring AML laws

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Bitcoin marketplace Paxful pleaded guilty to a three-count criminal information on Tuesday, saying in court that it helped criminals move money and profit from illegal activity, including prostitution, fraud and sanctions evasion. A “criminal information” is a formal charging document used when a defendant waives charges and agrees to plead guilty. In this case, Paxful

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HBAR edges 1.8% higher at $0.1372 as government adoption momentum builds

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Hederea (HBAR) posted measured gains during Tuesday’s trading session, rising 1.8% from $0.1348 to $0.1372 during the 24 hour period ending on December 10th at . 14:00 GMT. The cryptocurrency has now established a clear uptrend with higher lows of $0.1360 and $0.1370. The trade remains contained within a $0.0067 range, representing a volatility of

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Stellar Edges Higher at $0.251 Despite Altcoin Market Apathy

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Stellar (XLM) edged higher over the past 24 hours, posting a 0.85% gain to $0.251 amid muted altcoin market activity. The token underperformed the broader digital asset index by 0.45%, indicating that XLM-specific dynamics were driving price action rather than sector-wide momentum. Trading volume jumped 19.36% above the weekly average, indicating accumulation despite modest price

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