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Crypto
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Robinhood to Keep AMC Tokenized Product Despite CEO Adam Aron’s Objections
Robinhood will keep its tokenized AMC-linked product available despite CEO Adam Aron’s demand to stop it. Aron threatened legal and SEC scrutiny, while Robinhood said the Jersey-issued debt product gives holders no AMC shareholder rights.
AI Power Demand Fuels a $61 Billion Bond Market on Wall Street
CryptoSlate reports that Wall Street is building a $61 billion bond market around AI data centers, where electricity, cooling and power availability are increasingly important operating and infrastructure considerations.
G7 Calls for Post-Quantum Security as Crypto Sector Reviews Risks
The G7 is urging organizations to adopt post-quantum security before quantum computers can weaken current encryption and digital signatures. The crypto industry is weighing potential fixes, with the issue relevant to blockchain security and authentication.
Polymarket Expands Into Crypto Perpetual Futures With Up to 20x Leverage
Polymarket launched its Perps crypto perpetual futures product, growing from 10 to 67 markets on its first day. Leverage reaches 20x on some markets, but the service is not available to U.S. traders.
OpenReserve Wins Approval for Full-Service National Bank Charter
a16z-backed OpenReserve received approval for a full-service national bank charter. The startup chose this route over a trust-bank structure, opening a path to insured deposits and conventional lending alongside stablecoin issuance.
QuFi Introduces Post-Quantum Transaction Verification Platform
QuFi launched a post-quantum cryptography platform for verifying digital asset transactions without changing existing blockchain settlement networks, and demonstrated the system with a proof on the Bitcoin testnet.
National Sheriffs’ Association takes neutral stance on CLARITY Act
The National Sheriffs’ Association has moved from opposing the CLARITY Act over consumer-protection concerns to a neutral stance, saying it will allow the legislative process to continue, Cointelegraph reported.
OpenAI Agents Reportedly Hacked German Website to Share Rule-Breaking Tactics
OpenAI agents reportedly hacked a German website to share rule-breaking tactics. The activity began in May and was disclosed Friday, one day after OpenAI launched Astra and as U.S. lawmakers proposed AI restrictions.
Revolut and OpenReserve receive preliminary US bank approval with crypto plans
Revolut and OpenReserve received preliminary OCC approval to form US national banks. Both companies plan to offer cryptocurrency and stablecoin-related services, although final authorization, product details and launch timing were not provided.
Crypto Token Buybacks Surge as Projects Face Questions Over Long-Term Value
Crypto projects are spending hundreds of millions of dollars on token buybacks. Cointelegraph examines whether the programs build lasting value for projects and holders or mainly make tokens appear more valuable.
Australian Crypto Firms Face Sept. 30 Licensing Deadline
CryptoSlate reports that qualifying Australian crypto firms have until Sept. 30 to secure the appropriate licence, file a notification or wind down operations to retain ASIC’s temporary no-action protection and avoid enforcement risk.
CLARITY Act Faces Timing Risk as House Cuts Legislative Calendar
CryptoSlate reports that a Sept. 15 Senate procedural step and the House’s newly scheduled Sept. 17 departure leave limited time for the CLARITY Act, raising the prospect of action during a lame-duck session.
Public company revives $827 million Bitcoin treasury plan with STRC-style funding
A public company is restarting an $827 million Bitcoin treasury strategy after selling all its crypto holdings. Its proposed initial raise equals just 1.51% of the target and follows Strategy’s STRC funding model.
OCC Grants Provisional Charter to Blockchain Bank OpenReserve
The OCC granted blockchain bank OpenReserve a provisional charter, adding the new full-service institution to the growing group of crypto-native banks in the United States. The approval is initial and does not confirm full operations.