The Block

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The Block

The first and final word in digital assets

Australia eases licensing rules for stablecoin intermediaries
Australia's top watchdog will allow licensed issuers to distribute stablecoins without needing other financial approvals in a first for the country....

DBS Bank teams up with Franklin Templeton and Ripple on tokenized fund solutions
DBS Bank has collaborated with Franklin Templeton and Ripple to develop trading and lending solutions using tokenized money market funds and the RLUSD stablecoin....

Gemini’s Wall Street debut loses shine as crypto stock slides below IPO price
Gemini Space Station's stock initially rallied when it went public on Sept. 12 but has since reversed course....

NGP protocol on BNB Chain exploited for $2 million, funds moved through Tornado Cash
Onchain security platform Blockaid said the attacker drained the liquidity pool through a price oracle manipulation attack....

South Korea’s first won-pegged stablecoin KRW1 launches on Avalanche
The launch remains in a PoC stage and is not publicly circulated, as the regulations around stablecoins remain unclear in South Korea....

Bullish posts $108 million net income in first quarterly report after IPO
The company reported net income in the second quarter, reversing a net loss of $116.4 million in the same period last year....

SEC approves Grayscale’s multi-crypto fund with XRP, SOL and ADA
GDLC's approval coincides with SEC adopting generic listing standards for crypto ETFs, which would expedite the launch process....

Trump Jr.-connected Thumzup Media buys 7.5 million Dogecoin as it expands crypto treasury
Earlier this month, Thumzup said it plans to set up 3,500 Dogecoin mining rigs by year's end through its acquisition of Dogehash....

SEC approves new exchange listing standards fast-tracking crypto ETF listings
The SEC approved on an "accelerated basis" listing standards for crypto ETFs, setting the stage for those products to be ready for trading....

Nasdaq-listed crypto treasury GD Culture to add 7,500 BTC after Pallas Capital acquisition closes
Those tokens are worth around $876 million at current prices, making GDC among the top 15 largest publicly traded bitcoin holders....