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A three-year build that circles back to square one: Base remains fully centralized despite repeated decentralization pledges, raising harder questions about whether Coinbase is operating a dressed-up money transmission system—and how long regulators will tolerate it.
The world's second-largest exchange enters a major emerging market with local leadership and compliance infrastructure, demonstrating how global platforms now approach regulated expansion.
The world's largest stock tokenizer teams with Japan's leading financial conglomerate to bring equities onchain with yen-denominated settlement, completing SBI's institutional tokenization infrastructure.
A new enterprise platform lets banks and fintechs access stablecoins alongside Visa's existing network, reducing the operational friction that has slowed institutional adoption.