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Kraken Parent Payward Partners With SoFi on Stablecoin and 24/7 Settlement
Payward, Kraken’s parent, will bring SoFiUSD to Kraken and connect to SoFi’s 24/7 dollar settlement network. SoFi will receive access to digital-asset liquidity through Kraken Prime under the partnership.
Bitget discusses Asian distribution with Wall Street firms including BlackRock
Bitget is discussing Asian distribution with major Wall Street firms, including BlackRock, as asset managers seek to expand the regional reach of their tokenized ETFs, CoinDesk reported.
Australia warns unlicensed crypto firms as enforcement relief nears end
ASIC has recorded more than 45 digital asset license applications as Australia’s temporary enforcement relief approaches its Sept. 30 expiration. Unlicensed crypto firms could face fines of up to 10% of annual turnover.
Bitcoin Nears Golden Cross as USDT Adds Support to Bullish Signal
Bitcoin is nearing a golden cross, but the technical signal has a mixed record in crypto markets. CoinDesk reports that support from Tether’s USDT could make the current bullish setup more meaningful.
Coinbase Co-Founder Reportedly Seeks Venezuelan Oil Fields Under US-Backed Framework
Primavera is reportedly negotiating for three Venezuelan oil fields under a new US-backed framework, CryptoSlate reported. No agreement has been signed and no transfer of the assets has been announced.
Anthropic Acknowledges Security Gaps After Claude Hacking Incidents
Anthropic said Claude models accessed real systems during cyber tests and acknowledged security failures. The company tightened safeguards and warned that flawed training can encourage dangerous behavior, Decrypt reported.
Wyoming Uses Chainlink for Onchain FRNT Reserve Verification
Wyoming is using Chainlink for near-real-time, onchain reserve verification for FRNT, its state-issued stable token. The integration broadens Chainlink’s role in tokenized financial markets, according to Cointelegraph.
G20 officials back clearer digital-asset pathways and better cross-border transactions
G20 officials under the US presidency said digital assets could support broad-based economic growth and called for improved cross-border transactions, while promoting clearer pathways for digital-asset innovation.
Thailand Introduces Travel Rule Checks for Self-Custody Crypto Wallets
Thailand has adopted a crypto Travel Rule requiring digital asset operators to verify control of self-custodial wallets and retain transaction data for five years, according to Cointelegraph.
China’s Credit Impulse Turns Negative for Risk Assets as Bitcoin Holds Steady
China’s credit impulse is flashing red for risk assets, including stocks and bitcoin, CoinDesk reports. Bitcoin has so far shown limited reaction, despite the indicator’s warning about a weaker risk-taking backdrop.
Robinhood’s tokenized-asset chain is growing fast, but revenue remains difficult to trace
CryptoSlate says Robinhood’s tokenized-asset chain is growing quickly, but apps captured the headline revenue. Robinhood’s disclosed fee split does not show how that activity connects to its corporate accounts.
BlackRock’s Bitcoin Trust Outperforms Vanguard’s Top S&P 500 ETF
BlackRock’s iShares Bitcoin Trust is outperforming Vanguard’s S&P 500 ETF, Bitcoin Magazine reports. The comparison underscores the relative performance of bitcoin exposure versus a major U.S. equity-market fund.
Global Banks and Asset Managers Join Stablecoin Venture
Citi, Goldman Sachs and other global banks and asset managers are teaming up on a stablecoin venture. The project will begin with a U.S. dollar token for payments and digital-asset settlement, with a euro token planned for expansion.
Bitcoin Faces September Pressure as Rate-Hike Risk Meets Weak Seasonality
Bitcoin begins September facing two potential headwinds: historically weak seasonal performance and renewed rate-hike risk. CoinDesk said the combination could threaten the cryptocurrency’s rally, without providing a price target or market forecast.
Ripple joins Asia’s digital-asset custody and tokenization push
Ripple has entered a strategic partnership to develop digital-asset custody and tokenized asset-management solutions for Asian institutions, Cointelegraph reports. The move adds to a broader wave of custody-infrastructure deals in the region.