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Standard Chartered says Arbitrum could outperform Bitcoin and Ether through 2030, citing Robinhood Chain as an early sign that tokenization may transform the network’s economics and support a sharp rise in ARB.
Prediction markets lowered the Clarity Act’s near-term passage odds after Republicans rejected a Democratic counter-proposal. Negotiations remained deadlocked hours before a key Senate vote, CoinDesk reported.
Standard Chartered forecasts a 70-fold rise in Arbitrum’s ARB token to $10, citing tokenization and Robinhood Chain revenue. The bank expects Arbitrum to attract traditional finance, although ARB holders currently have no direct fee claim.
CoinEx plans to end operations after nine years, citing falling trading volumes, reduced liquidity and rising regulatory and compliance costs. Withdrawals will remain open until Dec. 22, according to Cointelegraph.
Some Democrats plan to submit a counterproposal to the GOP’s “final” CLARITY bill offer, citing dissatisfaction with its crypto ethics provisions just hours before a key procedural vote, Politico reported.
OpenAI chief Sam Altman warned that humans could lose control of AI and called for safeguards during training. He also urged shared industry standards, saying developers can act before legislation is introduced.
Bitcoin advanced as calls by AI executives to slow capability gains pressured Nvidia, Intel, AMD and other chip stocks, according to Decrypt. The cryptocurrency moved higher despite the negative reaction in AI-related equities.
Bernstein analysts say crypto markets have not fully priced in a potential Clarity Act surprise. Ethics changes and banking concessions have improved the bill’s prospects, but Democratic support remains uncertain.
S&P Global has backed Kaiko in a Series B round reaching $110 million. The financing supports Kaiko’s expansion of data infrastructure for tokenized securities and onchain financial markets, with major financial institutions participating.
The UK FCA is seeking views on possible fund-rule exemptions for some tokenized gold products, warning that regulatory uncertainty could affect adoption and investor access.
