Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration might differ from the Biden Administration’s approach to

Hex Trust says it has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution License. This has been a multi-year process for the custodian, but will be well worth it as regulation is the future, its CEO Alessio Quaglini said in an interview. Crypto custodian Hex Trust announced on Wednesday

Investors traded over $1 billion worth of shares of the freshly launched ether exchange-traded fund (ETF) issuers on the first day of their availability, data from Bloomberg shows. Trading volume simply represents the dollar amount of shares exchanged and doesn’t give any insights into whether these trades signal inflows or outflows. It is also unclear

Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset (RWA) offerings. BlackRock’s BUIDL fund pitched for a $34 million allocation, while Steakhouse Financial applied with a lending vault on Morpho Blue. 00:59 SEC’s Gensler Was ‘Consistent’ Despite Being ‘Fried Like a

Crypto exchange Coinbase filed a motion to compel the Securities and Exchange Commission to produce internal communications on its discussions about crypto, including the messages of Chair Gary Gensler. The company backed off from a more aggressive earlier effort to seek Gensler’s communications, having demanded documents from before he started work at the agency. Coinbase

Traders should wait until after former President Donald Trump’s speech at the Bitcoin Conference on Saturday to cash out on their bitcoin profits. Some expect Trump to announce plans to make bitcoin a strategic reserve asset if he gets elected in November, which could result in a “parabolic move” for bitcoin. Traders could be forgiven

Superstate’s new tokenized fund will generate yield based on “cash and carry” investment strategy. CEO Robert Leshner said the new fund is “highly-regulated product” for qualified investors. 06:22 Philippines Taps Blockchain 04:56 BlackRock CEO Predicts Tokenization Is the Future of Markets 00:48 Tokenization on Public Blockchains Democratizes Access: Securitize CEO 07:08 Bitcoin Bounces Back Above

This week in prediction markets: It’s market mania as President Joe Biden declines to run for a second term. One market went to the cats, as bettors debate the first billion-dollar cat-themed meme coin. Everyone thought CrowdStrike’s follies would be fixed in a day. They were wrong. Joe Biden’s decision not to seek re-election isn’t

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