The Block

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The Block

The first and final word in digital assets

South Korea approves tokenized securities framework in key legislative hearing
The Boston Consulting Group forecasts that the South Korean token securities market will grow to be worth $250 billion by 2030....

House Democrats press SEC over pausing Justin Sun case, citing ‘pay-to-play’ concerns
Three House Democrats are urging the SEC to explain its crypto enforcement retreat and the pause in the Justin Sun case....

Cake wallet adds Zcash support as it expands beyond its Monero roots
Cake offers a suite of privacy tools, including Bitcoin PayJoin transactions, though it is often associated most with Monero. ...

Interactive Brokers unlocks 24/7 funding with USDC, plans to rollout Ripple and PayPal stablecoins next week
The integration is powered by Zerohash, a B2B crypto and stablecoin infrastructure provider backed by Interactive Brokers. ...

Senate Banking Committee lawmakers say crypto bill is ‘closer than ever’ despite setbacks
Despite the postponement of a hearing that could have advanced crypto legislation, lawmakers insist the effort is far from dead....

State Street expands tokenization push as banks rush to bring cash and funds onchain
Tokenized deposits and fund shares are emerging as a regulated alternative to stablecoins within the banking system....

Kaito token plummets after X revises API policies to ban InfoFi crypto projects
InfoFi has led to a "tremendous amount of AI slop & reply spam" on the X platform, the firm's product lead said....

CME adds Cardano, Chainlink and Stellar to growing crypto derivatives lineup
CME is positioning crypto futures as a testing ground for broader changes like smaller contract sizes and, eventually, continuous trading....

Generic Protocol bets on private stablecoin model with GUSD launch as Congress battles over yield
Generic’s natively private stablecoin, GUSD, reroutes yield away from issuers to applications and users in a bid to reshape incentives....