U.S. spot XRP exchange-traded funds recorded net inflows for an 11th straight session, adding about $170 million since 18 August. Goldman Sachs was the largest disclosed institutional holder at the end of the second quarter, with roughly $87.4 million of exposure.
Two Thai businessmen have sued Tether in a New York federal court over its freeze of $42.4 million in USDT. The complaint alleges the stablecoin issuer blocked the tokens on 30 October 2025, more than three months before a U.S. seizure warrant was issued.
Wyoming Adopts Chainlink Proof of Reserve for State Stablecoin FRNT
Wyoming has adopted Chainlink Proof of Reserve to verify the reserves backing its Frontier Stable Token (FRNT), the first stable token issued by a U.S. state. It delivers reserve data onchain in near real time, exceeding the monthly disclosure required under the federal GENIUS Act.
Twenty-one financial institutions, including Bank of America, Citi, Goldman Sachs and UBS, plan to form a company to issue a US dollar stablecoin, they said on 1 September. The venture aims to bring the token to market in the first half of 2027.
The U.S. Securities and Exchange Commission proposed on 1 September 2026 to modernize transfer agent rules unchanged since the late 1970s. The plan would let registered transfer agents use blockchains as official records for securities and tokenized assets.
Binance added physically settled options on more than 1,000 US stocks and exchange-traded funds for eligible users outside the United States. The launch followed August TradFi perpetual futures volume of about $433 billion, roughly 15 times January's total.
The Monetary Authority of Singapore proposed rules on 1 September 2026 requiring stablecoin issuers to hold reserves of at least 100% of tokens in circulation. The plan also bars issuers from paying interest or yield and closes for feedback on 16 October 2026.
Thailand's Securities and Exchange Commission proposed rules on August 31, 2026, that would let licensed intermediaries offer retail investors access to qualifying crypto derivatives on overseas exchanges. Public consultation runs until September 30, 2026.
Ireland to Exclude Crypto From New Tax-Advantaged Investment Accounts
Ireland will exclude cryptocurrencies from a new tax-advantaged investment account scheme due to launch in 2027, classing them as highly complex and risky products. The accounts will cover listed shares, bonds and exchange-traded funds, with tax terms set in October's Budget 2027.
The London Stock Exchange and Payward, the owner of crypto exchange Kraken, will bring the 100 largest London-listed companies onchain as tokenised shares. The tokens will reach investors in more than 110 countries but remain unavailable to UK residents.
Strategy's Michael Saylor and Phong Le sent MSCI a letter on 31 August 2026 opposing a proposed screen that could remove the company from major global equity indexes. They called the rule discriminatory and urged MSCI to withdraw it.
Hyperliquid Labs is in talks with Kraken parent Payward to bring some of its perpetual futures to United States traders, according to Bloomberg. Payward's Bitnomial subsidiary would host the contracts, and any deal still needs CFTC approval.
Japan's Financial Services Agency asked the government to exempt trust-type stablecoins from mandatory tax filings in its fiscal 2027 tax reform request. If lawmakers approve, the change could take effect on April 1, 2027.
NYSE Owner ICE Bets on tZERO to Wire Wall Street's Tokenized Markets
Intercontinental Exchange, owner of the New York Stock Exchange, will invest in tZERO and license its 103 blockchain patents to help build infrastructure for tokenized securities. tZERO is set to become an approved digital transfer agent on ICE's planned NYSE-affiliated platform.
TOKEN2049 Singapore Returns as the Largest Industry Gathering of the Year
25,000 attendees, 500 exhibitors, 300 speakers and 1,000 side events will bring the global crypto industry to Singapore this October. TOKEN2049 returns to Marina Bay Sands in Singapore on 7-8 October, bringing together 25,000 attendees from over 7,000 companies across 160 countries.
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