Business – Page 498

US CFTC’s Pham Moves to Do-Over on ‘Actual Delivery’ Guidance on Crypto

US Commodity Futures Trading Commission Acting Chair Caroline Pham has moved again to advance President Donald Trump’s crypto agenda by removing old guidance on “actual delivery” of crypto commodities, which she suggested could get in the way of next steps. “Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles innovation is […]

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When will CFTC Chairman Mike Selig be confirmed by the Senate?

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Both the US Commodity Futures Trading Commission and the Federal Deposit Insurance Corp. will have significant reach in overseeing the US crypto sector, and President Donald Trump’s nominee to be their chairman has crawled through a Senate confirmation process that is nearing completion — though the Senate is likely still days away from actually holding

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Binance Expands Trading of Trump-Linked World Liberty Financials Stablecoin

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Crypto exchange Binance expands role of USD1 (USD1), stablecoin for Trump-linked crypto project WLFI$0.1468overhaul part of its stablecoin infrastructure with the token. Starting Thursday, the exchange will offer new trading pairs — BNB/USD1, ETH/USD1 and SOL/USD1 — giving users broader access to trade WLFI’s dollar-backed stablecoin, according to a press release. It also offers fee-free

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Nayib Bukele and Elon Musk Team for AI-Driven Education

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Led by President Nayib Bukele, El Salvador, the first country to make bitcoin legal tender, is now looking to position itself at the forefront of artificial intelligence, teaming up with Elon Musk’s xAI to launch the world’s first national AI-powered public education system. The government will deploy xAI’s Grok chatbot to more than 5,000 public

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Aptos (APT) falls 7% as token unlock weighs on sentiment

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APT$1.7118 down 7% over the past 24 hours as investors moved ahead of a planned token unlock. Broader crypto markets also fell, with the CoinDesk 20 index down 4.2% at press time, according to CoinDesk Research’s technical analysis model. Volume rose 38% above its 30-day average as APT pulled back from an early high of

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ICP falls below key support as volume spikes mark technical breakdown

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ICP fell 4.28% over the past 24 hours, falling from $3.52 to $3.3735 in a session defined by a sharp early reversal and sustained downward momentum. The token briefly pushed towards the $3.60 area during its strongest rally attempt, but the move quickly stalled, setting the tone for the steady, directional decline, according to CoinDesk

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Tokenization’s Breakout Asset Class: Tokenized Money Market Funds

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In today’s “Crypto for Advisors” newsletter, Harvey Li of Tokenization Insights takes us through tokenization trends, money market funds and institutional adoption as we head into 2026. So in “Ask an Expert,” Michael Sena looks at what this means for investors BlackRocks announced plans to tokenize everything from exchange-traded funds (ETFs) to real estate. -Sarah

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Most Influential: Cathie Wood

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It says a lot about Ark Invest CEO Cathie Wood’s always bullish outlook that she predicted bitcoin would hit $1.2 million by 2030 and that was actually a downgrade. This feature is part of CoinDesk’s The list of most influential 2025. Cathie Wood made her forecast for BTC’s price in November 2025, slightly revising the

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JPMorgan breaks down November’s crypto meltdown

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Crypto trading volume fell last month as the market suffered a broad pullback, according to Wall Street bank JPMorgan. The bank marked a sharp slowdown in stablecoin revenue, with average daily volume down 26% month-on-month, and also significantly weaker decentralized finance (DeFi) and non-fungible tokens (NFT). Concerns about leverage in the system, talk of a

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Klarna partners with Privy to explore Crypto Wallet usage within its ecosystem

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Swedish fintech giant Klarna, best known for its buy-now, pay-later services, is deepening its move into crypto by teaming up with Privy, a wallet infrastructure provider backed by Stripe. The two companies will co-design and test crypto wallet features aimed at helping ordinary users store, use and send digital assets, the companies said, in a

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