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The UK needs a workable route to regulated DeFi access
Overview of FCA’s cryptoassets regime policy statements. The effect could be a de facto ban. From October 2027, regulated platforms may no longer be able to provide customers access to DeFi services unless the FCA changes its approach.
📰 CoinTelegraph
#DeFi #Web3 #CryptoNews
📢 @Coindce
The UK needs a workable route to regulated DeFi access
Overview of FCA’s cryptoassets regime policy statements. The effect could be a de facto ban. From October 2027, regulated platforms may no longer be able to provide customers access to DeFi services unless the FCA changes its approach.
📰 CoinTelegraph
#DeFi #Web3 #CryptoNews
📢 @Coindce
🚨
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7. SoFi Technologies launched SoFi Earn (SOFIE) on Thursday, offering a variable 4.4% annual percentage yield on tokenized bank deposits. SOFIE has no minimum balance requirement, according to the company’s announcement.
📰 CoinTelegraph
#DeFi #Web3 #CryptoNews
📢 @Coindce
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7. SoFi Technologies launched SoFi Earn (SOFIE) on Thursday, offering a variable 4.4% annual percentage yield on tokenized bank deposits. SOFIE has no minimum balance requirement, according to the company’s announcement.
📰 CoinTelegraph
#DeFi #Web3 #CryptoNews
📢 @Coindce
📡
SoFi Offers 4.40% Yield on Digital Dollars With Full FDIC Protection
SoFi has launched SoFi Earn (SOFIE), a tokenized consumer bank deposit offering 4.40% annual percentage yield (APY) and federal deposit insurance. The new product allows customers to earn interest while preparing to purchase cryptocurrencies or transfer money through blockchain networks. It marks the company’s fifth crypto-related offering in less than a year.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
SoFi Offers 4.40% Yield on Digital Dollars With Full FDIC Protection
SoFi has launched SoFi Earn (SOFIE), a tokenized consumer bank deposit offering 4.40% annual percentage yield (APY) and federal deposit insurance. The new product allows customers to earn interest while preparing to purchase cryptocurrencies or transfer money through blockchain networks. It marks the company’s fifth crypto-related offering in less than a year.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
🚨
DeFi Giant Uniswap Taps 7 Rival Liquidity Sources to Burn UNI Tokens
The decentralized exchange (DEX) platform Uniswap has turned DEX competitors into potential revenue sources for its UNI token-burning mechanism. Launched Thursday, Aggregator Hooks connect seven external liquidity sources covering more than 90% of decentralized exchange activity across Ethereum, Base, and Robinhood Chain. The upgrade allows Uniswap to collect protocol fees from trades routed through outside liquidity pools, contributing to UNI burns.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
DeFi Giant Uniswap Taps 7 Rival Liquidity Sources to Burn UNI Tokens
The decentralized exchange (DEX) platform Uniswap has turned DEX competitors into potential revenue sources for its UNI token-burning mechanism. Launched Thursday, Aggregator Hooks connect seven external liquidity sources covering more than 90% of decentralized exchange activity across Ethereum, Base, and Robinhood Chain. The upgrade allows Uniswap to collect protocol fees from trades routed through outside liquidity pools, contributing to UNI burns.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
🚨
HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
HSBC has launched its first stablecoin, a Hong Kong dollar-backed digital currency designed for everyday payments, marking a significant step toward mainstream adoption of blockchain-based financial services in the city. HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
Key Takeaways
- HSBC launched RedCoin (RCHKD), a regulated Hong Kong dollar-backed stablecoin, through its PayMe platform, reaching 3.3 million users and over 100,000 merchants. - RedCoin enables instant payments and transfers, with plans to expand into HSBC’s banking app, tokenized investments, and institutional transactions.
📰 Bitcoin.com
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
HSBC has launched its first stablecoin, a Hong Kong dollar-backed digital currency designed for everyday payments, marking a significant step toward mainstream adoption of blockchain-based financial services in the city. HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
Key Takeaways
- HSBC launched RedCoin (RCHKD), a regulated Hong Kong dollar-backed stablecoin, through its PayMe platform, reaching 3.3 million users and over 100,000 merchants. - RedCoin enables instant payments and transfers, with plans to expand into HSBC’s banking app, tokenized investments, and institutional transactions.
📰 Bitcoin.com
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
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3 Asian Central Banks Unite to Connect Stablecoins Across Borders
Three Asian central banks are developing common approaches to moving regulated stablecoins and digital bank deposits across borders. The BLOOM initiative aims to reduce the cost and complexity of connecting financial institutions in different markets. 3 Asian Central Banks Unite to Connect Stablecoins Across Borders
Key Takeaways
- Malaysia and Thailand join Singapore as BLOOM’s three policymaker members.
📰 Bitcoin.com
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
3 Asian Central Banks Unite to Connect Stablecoins Across Borders
Three Asian central banks are developing common approaches to moving regulated stablecoins and digital bank deposits across borders. The BLOOM initiative aims to reduce the cost and complexity of connecting financial institutions in different markets. 3 Asian Central Banks Unite to Connect Stablecoins Across Borders
Key Takeaways
- Malaysia and Thailand join Singapore as BLOOM’s three policymaker members.
📰 Bitcoin.com
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
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Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
In brief
- HSBC launched RedCoi, a Hong Kong dollar stablecoin licensed by the HKMA, on its PayMe app, with more than 3.3 million users able to activate wallets in the coming days. - Users can send RedCoin to friends or pay at more than 100,000 PayMe merchants. - HSBC plans to add the token to its HK Mobile Banking app later this year.
📰 Decrypt
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
In brief
- HSBC launched RedCoi, a Hong Kong dollar stablecoin licensed by the HKMA, on its PayMe app, with more than 3.3 million users able to activate wallets in the coming days. - Users can send RedCoin to friends or pay at more than 100,000 PayMe merchants. - HSBC plans to add the token to its HK Mobile Banking app later this year.
📰 Decrypt
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
🔴
US OCC calls on community banks to become payment stablecoin issuers
US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January
The Office of the Comptroller of the Currency (OCC) has petitioned community banks to enter the payment stablecoin market as part of the regulator’s rules on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a Monday X post, the OCC said that it was “encouraging the development of payment stablecoin capabilities within the community banking sector,” citing its finalized rules for the GENIUS Act. The payment stablecoin law is set to be enforced starting in January, and the OCC finalized its rules for the bill last week.
📰 CoinTelegraph
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
US OCC calls on community banks to become payment stablecoin issuers
US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January
The Office of the Comptroller of the Currency (OCC) has petitioned community banks to enter the payment stablecoin market as part of the regulator’s rules on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a Monday X post, the OCC said that it was “encouraging the development of payment stablecoin capabilities within the community banking sector,” citing its finalized rules for the GENIUS Act. The payment stablecoin law is set to be enforced starting in January, and the OCC finalized its rules for the bill last week.
📰 CoinTelegraph
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
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Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield
In brief
- Canada's draft stablecoin regulations, published October 24, open a 60-day comment period, with the rules targeted to take effect in fall 2027. - Issuers would hold one-to-one reserves with Canadian custodians, redeem within three business days for no more than a 1% fee, and could not pay interest for holding a coin. - Penalties run up to C$10 million for very serious violations, with the Bank of Canada supervising issuers.
📰 Decrypt
#Cardano #ADA #DeFi #Web3 #CryptoNews
📢 @Coindce
Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield
In brief
- Canada's draft stablecoin regulations, published October 24, open a 60-day comment period, with the rules targeted to take effect in fall 2027. - Issuers would hold one-to-one reserves with Canadian custodians, redeem within three business days for no more than a 1% fee, and could not pay interest for holding a coin. - Penalties run up to C$10 million for very serious violations, with the Bank of Canada supervising issuers.
📰 Decrypt
#Cardano #ADA #DeFi #Web3 #CryptoNews
📢 @Coindce
🚨
Ripple Wins Final OCC Approval for Trust Bank Behind $2.6B RLUSD Stablecoin
In brief
- The OCC has granted Ripple final approval to open Ripple National Trust Bank, 10 months after conditionally approving the charter in December 2025. - The bank will manage the reserves backing Ripple's RLUSD stablecoin, act as collateral trustee for holders, and offer fiduciary digital asset custody. - The approval comes as community banks challenge the OCC's crypto charters in court, after Sen.
📰 Decrypt
#XRP #Ripple #Stablecoin #DeFi #CryptoNews
📢 @Coindce
Ripple Wins Final OCC Approval for Trust Bank Behind $2.6B RLUSD Stablecoin
In brief
- The OCC has granted Ripple final approval to open Ripple National Trust Bank, 10 months after conditionally approving the charter in December 2025. - The bank will manage the reserves backing Ripple's RLUSD stablecoin, act as collateral trustee for holders, and offer fiduciary digital asset custody. - The approval comes as community banks challenge the OCC's crypto charters in court, after Sen.
📰 Decrypt
#XRP #Ripple #Stablecoin #DeFi #CryptoNews
📢 @Coindce
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UTXO’s Duke Waldrop: Bank of Japan “Liquidity Shock” Could Impact Bitcoin
Bitcoin fell to $79K this weekend, and this week both the Fed and the Bank of Japan decide on rates. Duke Waldrop, Head of Asia Markets at UTXO Management, joins Grace Remington and Sean Hagan to explain why a yen repricing hits Bitcoin first: macro funds with yen-denominated liabilities become forced sellers, and Bitcoin’s 24/7 liquidity is where they find the exit. He also breaks down why Metaplanet is trading below the value of its own Bitcoin, why possible removal from MSCI indexes on November 30 doesn’t change the thesis, and why the bet is on the Tokyo team’s execution.
📰 Bitcoin Magazine
#Bitcoin #BTC #DeFi #Web3 #CryptoNews
📢 @Coindce
UTXO’s Duke Waldrop: Bank of Japan “Liquidity Shock” Could Impact Bitcoin
Bitcoin fell to $79K this weekend, and this week both the Fed and the Bank of Japan decide on rates. Duke Waldrop, Head of Asia Markets at UTXO Management, joins Grace Remington and Sean Hagan to explain why a yen repricing hits Bitcoin first: macro funds with yen-denominated liabilities become forced sellers, and Bitcoin’s 24/7 liquidity is where they find the exit. He also breaks down why Metaplanet is trading below the value of its own Bitcoin, why possible removal from MSCI indexes on November 30 doesn’t change the thesis, and why the bet is on the Tokyo team’s execution.
📰 Bitcoin Magazine
#Bitcoin #BTC #DeFi #Web3 #CryptoNews
📢 @Coindce
🚨
Anchorage Positions Itself as Custody Backbone of US-Mexico Stablecoin Corridor
In brief
- Anchorage Digital expanded a custody-and-listing arrangement with Bitso covering both sides of the US-Mexico corridor. - The deal targets the US-Mexico remittance corridor, one of the world’s largest, which moves tens of billions yearly. - It extends a Latin America stablecoin race, including Circle’s recent Colombia settlement pilot.
📰 Decrypt
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
Anchorage Positions Itself as Custody Backbone of US-Mexico Stablecoin Corridor
In brief
- Anchorage Digital expanded a custody-and-listing arrangement with Bitso covering both sides of the US-Mexico corridor. - The deal targets the US-Mexico remittance corridor, one of the world’s largest, which moves tens of billions yearly. - It extends a Latin America stablecoin race, including Circle’s recent Colombia settlement pilot.
📰 Decrypt
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
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Bitget Wallet Brings USD and EUR Virtual Accounts, Converting Traditional Payments to Stablecoins
Bitget Wallet caps USD deposits at $20,000 a month and says the product is not a bank account, with no cash withdrawals.
📰 CryptoPotato
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
Bitget Wallet Brings USD and EUR Virtual Accounts, Converting Traditional Payments to Stablecoins
Bitget Wallet caps USD deposits at $20,000 a month and says the product is not a bank account, with no cash withdrawals.
📰 CryptoPotato
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
‼️
Moody's Rates Ripple's $2.6B RLUSD Stablecoin A2, a Day After OCC Bank Approval
In brief
- Moody's has assigned A2 long-term and P-1 short-term deposit ratings to Ripple USD, the stablecoin issued by Ripple's Standard Custody & Trust Company. - The agency pointed to reserves held mostly in short-term U.S. government assets and cash, with a target of 103% coverage of tokens in circulation.
📰 Decrypt
#XRP #Ripple #Stablecoin #DeFi #CryptoNews
📢 @Coindce
Moody's Rates Ripple's $2.6B RLUSD Stablecoin A2, a Day After OCC Bank Approval
In brief
- Moody's has assigned A2 long-term and P-1 short-term deposit ratings to Ripple USD, the stablecoin issued by Ripple's Standard Custody & Trust Company. - The agency pointed to reserves held mostly in short-term U.S. government assets and cash, with a target of 103% coverage of tokens in circulation.
📰 Decrypt
#XRP #Ripple #Stablecoin #DeFi #CryptoNews
📢 @Coindce
🚨
Polygon Extends Its Stablecoin Payments Infrastructure to Solana
In brief
- Polygon Labs expanded its Open Money Stack—a bundle of stablecoin payments tools—to Solana. - The platform aims to collapse the multi-provider complexity of crypto payments into one connection. - The move rides Solana’s payments momentum and extends Polygon’s push, including its Coinme acquisition.
📰 Decrypt
#Solana #SOL #Stablecoin #DeFi #CryptoNews
📢 @Coindce
Polygon Extends Its Stablecoin Payments Infrastructure to Solana
In brief
- Polygon Labs expanded its Open Money Stack—a bundle of stablecoin payments tools—to Solana. - The platform aims to collapse the multi-provider complexity of crypto payments into one connection. - The move rides Solana’s payments momentum and extends Polygon’s push, including its Coinme acquisition.
📰 Decrypt
#Solana #SOL #Stablecoin #DeFi #CryptoNews
📢 @Coindce
🔴
A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to overhaul proposed cryptocurrency tax regulations, warning that the rules could effectively prohibit decentralized finance (DeFi) activity in the state while exposing users to serious security risks. A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Key Takeaways
- A16z, Uniswap Labs, and the DeFi Education Fund warn that Illinois’ proposed crypto tax rules could effectively ban DeFi by requiring decentralized exchanges to act as tax-collecting brokers, despite their inability to comply. - The groups oppose requirements to store customers’ private keys and potentially tax transfers between personal wallets or blockchains.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to overhaul proposed cryptocurrency tax regulations, warning that the rules could effectively prohibit decentralized finance (DeFi) activity in the state while exposing users to serious security risks. A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Key Takeaways
- A16z, Uniswap Labs, and the DeFi Education Fund warn that Illinois’ proposed crypto tax rules could effectively ban DeFi by requiring decentralized exchanges to act as tax-collecting brokers, despite their inability to comply. - The groups oppose requirements to store customers’ private keys and potentially tax transfers between personal wallets or blockchains.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
📡
Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield
The ride-sharing giant used a tokenized money market fund to earn 1.5 days more yield on its investment by selling the assets on Sunday rather than Friday, as institutions traditionally do. Franklin Templeton, HSBC Holdings, and Fireblocks collaborated in this test. Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield
Uber Tests Weekend Trading In Tokenized Market Fund Investments
Companies are turning to blockchain and tokenized assets to boost profits by taking advantage of 24/7 trading.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield
The ride-sharing giant used a tokenized money market fund to earn 1.5 days more yield on its investment by selling the assets on Sunday rather than Friday, as institutions traditionally do. Franklin Templeton, HSBC Holdings, and Fireblocks collaborated in this test. Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield
Uber Tests Weekend Trading In Tokenized Market Fund Investments
Companies are turning to blockchain and tokenized assets to boost profits by taking advantage of 24/7 trading.
📰 Bitcoin.com
#DeFi #Web3 #CryptoNews
📢 @Coindce
🔴
HSBC’s Redcoin Stablecoin Draws 50k Users in Launch Week
While the bank ultimately wants Redcoin, one of the first regulated Hong Kong dollar stablecoins, to reach millions, the token has already seen meaningful adoption just one week after launching through the bank’s channels. HSBC's Redcoin Stablecoin Draws 50k Users in Launch Week
Key Takeaways
- HSBC’s Redcoin stablecoin hit 50,000 users in a week, proving rapid retail adoption via the Payme app. - HSBC plans to scale Redcoin to millions of users and introduce tokenized investments via its banking app.
📰 Bitcoin.com
#Stablecoin #DeFi #CryptoNews
📢 @Coindce
HSBC’s Redcoin Stablecoin Draws 50k Users in Launch Week
While the bank ultimately wants Redcoin, one of the first regulated Hong Kong dollar stablecoins, to reach millions, the token has already seen meaningful adoption just one week after launching through the bank’s channels. HSBC's Redcoin Stablecoin Draws 50k Users in Launch Week
Key Takeaways
- HSBC’s Redcoin stablecoin hit 50,000 users in a week, proving rapid retail adoption via the Payme app. - HSBC plans to scale Redcoin to millions of users and introduce tokenized investments via its banking app.
📰 Bitcoin.com
#Stablecoin #DeFi #CryptoNews
📢 @Coindce