Latest from Aoyon Ashraf
Robinhood built a blockchain for tokenized stocks. Memecoins took over
Robinhood Chain has pulled in $135 million of value and 800,000 addresses since July 1. Almost none of it is doing what the chain was built for.
Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.
Signs of life?: State of Crypto
Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.
Newest version of crypto Clarity Act may drop as soon as next week, sources say
After a long stretch without breakthroughs in the crypto market structure bill, insiders say a new draft may emerge in a final push for late-July action — though it still lacks bipartisan buy-in.
Crypto exchange Kraken is trying to become a bank in Europe
Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans.
Trump's crypto token buyers are down $3.8 billion, blockchain data shows
The TRUMP token is down 96% from its peak, and 85% of secondary market wallets for WLFI are underwater, reflecting a broader downturn in the sector.
EU moves to block retail investors from explosive boom of multibillion-dollar prediction markets
The region's regulators emphasized that a product's actual function as a derivative matters more than its commercial name or labeling when assessing compliance.
UK's bold new crypto rules promise to unlock global trading, but huge compliance hurdles still threaten the rollout
The U.K. FCA's crypto framework has been praised for prioritizing global liquidity and institutional adoption, but the authorization process is expected to be daunting.
Bitcoin’s next parabolic run may need $1 trillion in fresh capital
This cycle, about $697 billion in new money has generated a roughly 689% gain, compared with earlier cycles where far less capital drove returns of upto 50,000%.
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token's volumes have fallen sharply this year.
