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U.S. senators this week unveiled a draft bill aimed at defining how cryptocurrencies are regulated in the United States, a move that industry participants say could begin to resolve years of legal ambiguity that have constrained investment, product development and institutional participation. The pr

Bermuda-based tokenized reinsurer OnRe announced it delegated $150 million to Rhodium Re, a Dubai-based Managing General Agent, marking the firm's strategic push into Middle East reinsurance markets. The partnership aims to connect OnRe's tokenized capital base with underwriting opportunities across

Bitwise Asset Management's spot Chainlink ETF began trading on NYSE Arca under ticker CLNK, coinciding with Senate Banking Committee draft legislation that grants LINK the same commodity classification as Bitcoin. Chainlink rose approximately 4% over 24 hours following the dual announcements, while

South Korea's largest cryptocurrency exchange Upbit listed Ethena's synthetic stablecoin USDe on Tuesday, prompting BitMEX co-founder Arthur Hayes to predict the project's ENA governance token will reach $1. The listing occurred days after Dubai's financial regulator excluded USDe from its approved

MANTRA CEO John Patrick Mullin announced company-wide restructuring and staff reductions Wednesday, citing an unsustainable cost structure following the project's April 2025 token crash and prolonged market challenges. The real-world asset tokenization platform will reduce headcount across business