SKN | PayPal Turns PYUSD Into a Stablecoin Platform: Can Custom Tokens Accelerate Institutional Adoption?
Key Points: PayPal is expanding its stablecoin strategy with PYUSDx, a platform that allows businesses to launch application-specific stablecoins backed by PayPal USD....
SKN | Can Bitcoin and Ethereum Beat the Quantum Clock as the U.S. Invests $300 Million in Quantum Hardware?
Key Points: The U.S. Commerce Department has committed up to $300 million through CHIPS Act awards to Rigetti, D-Wave and Quantinuum, accelerating development...
SKN | Robinhood CEO Defends Stock Tokens as AMC Fight Raises Bigger Questions for Tokenized Equities
Key Points: Robinhood CEO Vlad Tenev says public companies should not have veto power over third-party securities that reference their shares. Robinhood’s stock...
SKN | BitMart Misses Roadmap Deadline as Exchange Appoints Alvarez & Marsal
Key Points BitMart appointed Alvarez & Marsal as financial adviser on Sept. 9 but did not deliver the restructuring and business resumption roadmap...
SKN | Germany Reportedly Plans 25% Crypto Tax From 2028, Ending One-Year Exemption
Key Points Germany’s Finance Ministry has reportedly proposed a 25% flat tax on cryptocurrency trading profits starting in 2028. The proposed rules would...
SKN | Former Silvergate CEO Blames Biden-Era Pressure for Bank’s 2023 Wind-Down
Key Points: Former Silvergate CEO Alan Lane says political and regulatory pressure from the Biden administration made continued operations untenable despite the bank...
SKN | Iran Eases Currency Rules as Businesses Turn to Crypto Amid US Sanctions
Key Points: Iran’s central bank has reportedly eased foreign-currency restrictions, allowing exporters to use overseas earnings directly to finance imports. Businesses can reportedly...
SKN | Bybit Expands Into Forex With 24/7 Perpetuals for EUR/USD, GBP/USD and USD/JPY
Key Takeaways Bybit has launched USDT-settled perpetual contracts tracking EUR/USD, GBP/USD and USD/JPY, with trading available 24 hours a day, seven days a...
SKN | Robinhood Takes Stakes in Crypto.com and OG.com as Prediction Markets Expand Into Crypto
Key Takeaways Robinhood is taking strategic stakes in Crypto.com and prediction-market platform OG.com as it expands its exposure to the rapidly developing event-contract...
SKN | Plattsburgh Weighs 12-Month Ban on Crypto Mining and AI Data Centers
Key Takeaways Plattsburgh, New York, is considering a 12-month moratorium on new high-energy computing facilities, including cryptocurrency mining and AI data centers requiring...
Don't Miss
SKN | Crypto Markets Slide as Binance Discloses Multi-Billion Security Breach and Stablecoin Issuers Freeze Reserves
Key Takeaways Infrastructure Security Incident: Binance disclosed an ongoing probe into a significant hot wallet security breach, prompting immediate cross-industry containment protocols. Coordinated...
SKN | Bitcoin and Ethereum Decline as Broad Crypto Selling Pressures Major Assets
Key Points: Bitcoin fell 2.29% over 24 hours to $79,489, while its weekly decline reached 2.84%, putting renewed pressure on the market’s largest...
