BlockBeat: Breaking Investors' Staple Stablecoin Diet
With the collapse of Silvergate, Silicon Valley and Silvergate banks have left investors questioning their stablecoin approach, but what even is a stablecoin?
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Mirae Asset Rebrands Korbit as 'Digital X,' Unveils 'Mirae Asset 3.0' Vision
Chairman Park Hyeon-joo framed the newly acquired exchange as the foundation for a broader tokenization and stablecoin platform, not a standalone trading venue, days after Mirae Asset pushed its stake in the exchange to 97%.
Kraken Parent Payward Partners With GTN to Take xStocks Tokenized Stocks Global
The expansion starts with Hong Kong-listed equities and will extend to the UK, Europe and South Korea, using GTN's 90-market brokerage infrastructure to move xStocks beyond its US-stocks-only starting point.
New CLARITY Act Draft Adds Sunset Ethics Ban on Trump's Crypto Ties, But Democrats Aren't Sold
The near-final text, circulated to industry groups before Senate Democrats saw it, would have the Justice Department enforce a conflict-of-interest rule that expires in 2029, a structure one Democratic co-sponsor already calls unserious.
Wall Street Calls Tokenization Strategic – Its Own Survey Says Equities Are the Exception
A new Broadridge poll of 200 financial services executives finds near-unanimous conviction on tokenization broadly, but muted enthusiasm for stocks specifically, even as onchain data shows tokenized equity transfers up more than 170-fold in a year.