Nasdaq urges SEC to treat certain digital assets as 'stocks by any other name'

Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter.  The exchange said the US financial regulator needs to establish a clearer taxonomy for cryptocurrencies, including categorizing a portion…

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Senator Lummis criticizes Fed’s crypto guidance withdrawal as ‘noise, not real progress’

Senator Cynthia Lummis said the Federal Reserve’s recent decision to withdraw certain crypto-related supervisory directives is “just noise, not real progress,” criticizing the move as superficial in a statement shared on April 25 on X. Lummis dismissed the withdrawals as insufficient. She accused the Fed of “assassinating companies within the industry” by previously restricting access…

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Ronin Bridge migrates to Chainlink cross-chain interoperability protocol

Ronin Bridge has migrated to Chainlink CCIP as its official cross-chain provider. The Chainlink CCIP now secures over $450 million in bridged assets for Ronin. Ronin developers and users will benefit from faster, more secure token transfers. The Ronin Network has successfully completed the migration of its legacy Ronin Bridge to Chainlink’s Cross-Chain Interoperability Protocol…

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Stablecoins Could Bring ‘ChatGPT’ Moment to Blockchain Adoption, Hit $3.7T by 2030: Citi

Global bank Citi has predicted 2025 could be a possible inflection point for blockchain adoption driven by stablecoins, akin to the breakout year artificial intelligence (AI) had with popular application ChatGPT. “2025 has the potential to be blockchain’s ‘ChatGPT’ moment,” the bank’s analysts said in a report published earlier this week. At the center of…

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Crypto firms launch Wall Street-style funds: Finance Redefined

Cryptocurrency firms and centralized exchanges are launching more traditional investment offerings, bridging the divide between traditional financial and digital assets. With investors seeking more flexible product offerings under one platform, the “line is blurring” between traditional finance (TradFi) and the cryptocurrency space, as the two financial paradigms signal a “growing synergy,” according to Gracy Chen,…

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