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Ripple and Coincheck Drive Asia Digital Asset Custody Deals

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Crypto Breaking News

Ripple has teamed up with digital asset infrastructure provider SettleMint to bring an end-to-end custody and token lifecycle stack to financial institutions in Asia-Pacific. The firms say the integration is designed to reduce operational complexity for banks and other regulated players that want to hold tokenized assets and manage them from issuance through ongoing administration.

Just days earlier, Coincheck Group announced a separate push in Japan toward institutional-grade custody and wallet technology, partnering with DFNS to deliver wallet-as-a-service capabilities. Together, the announcements highlight how Asia-Pacific institutions are trying to close the “infrastructure gap” that has slowed crypto adoption inside regulated finance.

Key takeaways

  • Ripple and SettleMint will integrate Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform to support custody, issuance, and management of tokenized assets.
  • Coincheck Group’s Japan effort with DFNS focuses on wallet infrastructure and institutional-grade custody through a wallet-as-a-service model.
  • Both partnerships target a persistent bottleneck: limited infrastructure that fits regulated financial workflows across the token lifecycle.
  • Regulatory momentum in the region—particularly Japan’s evolving framework—adds urgency to custody and tokenization capabilities for institutions.

Ripple’s custody and token lifecycle integration

Ripple announced the partnership with SettleMint on Tuesday, framing it as a way to help financial institutions handle tokenized assets “across their full lifecycle.” According to Ripple’s announcement via PR Newswire, the collaboration will integrate Ripple’s institutional custody infrastructure, Ripple Custody, with SettleMint’s Digital Asset Lifecycle Platform (DALP).

The stated goal is straightforward: rather than stitching together multiple vendors and separate tools for custody and post-issuance operations, institutions can use an integrated approach that supports both securing assets and managing their lifecycle. Ripple’s coverage positions the combined stack as a less complex route for regulated firms that need robust custody controls while also participating in tokenized-asset issuance and administration.

Why this matters for investors and operators is that custody and lifecycle management are typically two of the hardest components to operationalize within traditional compliance requirements. If lifecycle tooling and governance controls can be packaged into a single institutional workflow, it can shorten deployment timelines for banks and asset managers that would otherwise face longer integration projects and higher operational risk.

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Parallel momentum in Japan: Coincheck and DFNS

A day before Ripple’s announcement, Coincheck Group revealed its own initiative in Japan, partnering with wallet infrastructure provider DFNS to bring institutional-grade digital asset custody and wallet technology to the market. The development was reported in a Business Wire release.

DFNS’s wallet-as-a-service approach is designed to centralize operational management. The source describes it as supporting transaction lifecycle management, including workflow orchestration and governance controls, delivered under a single platform that supports more than 100 blockchain networks.

For institutions evaluating crypto infrastructure, that distinction—platform-level management rather than fragmented components—can be critical. Many regulated services require controls around approvals, governance policies, and operational workflows that extend beyond simple wallet access. A service positioned around “full transaction lifecycle management” suggests an attempt to meet those requirements more directly.

Infrastructure gap meets faster onchain growth in Asia-Pacific

Both partnerships arrive as Asia-Pacific continues to accelerate in crypto usage. According to Chainalysis’ 2025 Global Crypto Adoption Index, the Asia-Pacific region ranked as the fastest-growing area for onchain activity and saw a 69% year-over-year increase in value received.

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While adoption growth alone does not guarantee institutional participation, it typically increases pressure on infrastructure providers to deliver enterprise capabilities that can handle real-world transaction volumes and compliance demands. The partnership announcements explicitly connect their work to an “infrastructure gap” that has hindered regulated financial institutions from entering digital asset activities.

In other words, the region is not just expanding in consumer and retail usage; it is building the case for institutional-grade custody, token issuance tooling, and governance-ready wallet and custody services that can operate under regulatory constraints.

Regulatory developments in Japan raise the stakes

Japan is central to the current wave of institutional infrastructure pushes. In July, the Japanese parliament passed revisions that classify crypto assets as financial assets under Japan’s Financial Instruments and Exchange Act, according to earlier coverage from Cointelegraph.

The regulatory direction matters because classification under financial rules generally changes how institutions think about onboarding, compliance, custody responsibilities, and product design. More clearly defined categories can help create predictable expectations for regulated market participants, but they can also require infrastructure upgrades to satisfy governance and custody standards.

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Cointelegraph also reported that Japan’s Finance Minister Satsuki Katayama signaled an intent to bring crypto under the same umbrella as traditional finance assets in January. The stated aim was to ensure citizens can “benefit from digital and blockchain-based assets,” while keeping the framework aligned with established financial oversight.

Against this backdrop, the Ripple–SettleMint and Coincheck–DFNS announcements can be read as infrastructure groundwork for institutions trying to participate in a market where regulatory classification and operational expectations are becoming more formalized.

What to watch next

Investors and builders should watch how these partnerships translate into deployable institution-facing offerings—particularly around custody workflows, governance controls, and end-to-end token lifecycle operations. As Japan’s legal framework continues to take shape and as Asia-Pacific onchain activity grows, the competitive advantage is likely to accrue to providers that can integrate tokenization, custody, and compliance-ready operational tooling without forcing institutions into complex, multi-vendor builds.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Predict.fun rolls out self-service developer dashboard

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Kalshi faces $54M lawsuit over Khamenei prediction market

Predict.fun has launched a self-service developer dashboard that lets builders create applications, generate API keys, monitor usage and manage rate limits from one interface.

Summary

  • Developers can create Predict.fun applications and generate API keys without opening a manual support request.
  • The dashboard displays API usage and lets developers request higher usage-based rate-limit tiers.
  • Existing API keys can be imported into the portal for centralized management.
  • New applications receive trade burst limits for order creation and cancellation by default.

Predict.fun developer dashboard centralizes API access

Predict.fun said in a post on X that the new portal gives developers direct control over several tasks previously handled through separate support channels. Users can create applications, issue keys, and view their current usage limits through the dashboard.

Existing keys can also be imported, allowing developers with active integrations to manage them alongside newly created credentials. Predict.fun did not disclose whether imported keys retain their current permissions or require any changes during the transfer.

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Before the dashboard launch, Predict.fun’s public developer documentation directed users to join its Discord server and open a support ticket to request an API key. The documentation describes the platform’s REST API as a beta product and asks developers to report problems through the same Discord channel.

Moving key generation into a self-service portal removes that manual step for new applications. Predict.fun did not specify whether Discord-based requests will remain available or whether all future key management will move to the dashboard.

The portal also gives developers access to their usage and rate-limit information. When an application requires more capacity, its owner can manually request a higher usage-based tier through the interface, according to the announcement.

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Predict.fun did not publish the request criteria, review period, or call allowances attached to each tier. The company also did not say whether access to higher limits carries a fee or depends on an application’s trading activity.

Trade burst limits apply to order activity

Alongside the dashboard, Predict.fun has introduced “trade burst” limits covering calls used to create and cancel orders. The control restricts how many of those requests an application can send each second.

Every new application will have the restriction enabled by default. Existing applications will receive the burst limit the next time their owners request an adjustment to their rate limits, rather than having it added immediately across all active integrations.

The company did not disclose the number of order calls allowed per second or whether the ceiling differs between usage tiers. It also did not provide separate limits for creating and canceling orders.

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Predict.fun’s API documentation shows that developers can submit new orders, remove individual orders, and cancel groups of orders through dedicated endpoints. Applications can also retrieve market data, order books, market statistics, account activity, and user positions.

For live data, the platform provides WebSocket connections covering subscriptions, response formats, and heartbeats. Its developer tools also include OAuth endpoints through which an integrated application can finalize a connection, place or cancel orders, and retrieve a connected user’s positions.

The order-related restrictions apply to the rate at which applications send requests, not to the number of markets developers can display or the total positions held by users. Predict.fun did not announce changes to its market-data, account, or WebSocket limits.

No security incident or service disruption was cited as the reason for introducing the controls. The company described them as part of the updated usage-management system available through its developer portal.

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Dashboard follows Predict.fun’s BNB Chain expansion

The developer release follows several additions to Predict.fun’s distribution and infrastructure during 2026. Built on BNB Chain, the platform lets users trade tokenized positions tied to outcomes in categories including crypto, sports, politics, and economic events.

Predict.fun completed its acquisition of Probable in March. Probable had been incubated by PancakeSwap and YZi Labs before its technology was folded into Predict.fun’s product stack.

The companies said the transaction would combine their work on market design, order execution, and collateral use. Binance founder Changpeng Zhao welcomed the deal at the time, describing it as a combination of two projects operating in BNB Chain’s prediction-market sector.

In April, YZi Labs disclosed a follow-on Predict.fun investment that included Susquehanna Crypto, the digital-asset arm of Susquehanna International Group. Figures shared with the announcement showed that Predict.fun had processed more than 4 million orders and over $1.8 billion in cumulative trading volume since launching in December 2025.

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YZi Labs said Predict.fun had graduated from the second season of its EASY Residency program. The investor described the protocol as combining self-custody, gasless transactions, and yield earned on collateral while prediction positions remain open.

Developer access could allow third-party interfaces and trading services to connect to the same underlying markets, although Predict.fun has not named any new applications built through the dashboard. The platform’s API already supports market discovery, order-book data, trade execution, account activity and position tracking.

Predict.fun’s existing distribution includes Binance Wallet, which added in-app market access in April. Under that integration, Predict.fun operates the events, pricing, and resolution rules while eligible Binance Wallet users reach the markets through the Binance app.

The integration supports market and limit orders, with transactions executed through Predict.fun’s smart contracts. Binance Wallet said it sponsors trading and settlement gas fees and allows users to trade with balances held in their spot and funding accounts.

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US prediction markets face separate access rules

Predict.fun did not state whether applications created through the dashboard may serve users in the United States. Its announcement focused on developer access, key management and technical request limits rather than regional availability or regulatory permissions.

For US developers, an API key does not itself establish permission to offer event contracts to American customers. Platforms serving that market can face federal commodities requirements as well as state rules governing sports betting and gambling products.

Binance.US said in July that it planned to seek a Commodity Futures Trading Commission-designated contract market license as part of its effort to offer federally regulated prediction markets. If approved, the license would allow the exchange to list event contracts under CFTC oversight.

The reported CFTC license plan would place Binance.US in a segment that already includes federally regulated operators such as Kalshi and Polymarket US. Coinbase has also provided event-contract access through a partnership with Kalshi.

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State authorities continue to dispute whether federal commodities oversight prevents them from enforcing local gambling rules against some sports-related contracts. Predict.fun’s dashboard announcement did not address that conflict, identify supported US jurisdictions, or announce a US-regulated entity.

The company also did not provide a timetable for taking the REST API out of beta. Its public documentation continues to list endpoints for categories, markets, orders, accounts, positions, search, and OAuth, along with TypeScript and Python authentication guides.

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Bitcoin slips below $77.5K as macro pressure offsets ETF inflows

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Bitcoin daily chart shows BTC near $77,522 above all major moving averages, while RSI cools to 66 after an overbought reading.

Bitcoin traded near $77,500 on Sept. 1 as rising oil prices, higher bond yields and renewed US rate-hike concerns outweighed strong spot ETF inflows, while short-term technical indicators pointed to weakening momentum.

Summary

  • Bitcoin fell 1.6% in 24 hours after retreating from an intraday high near $79,225.
  • The 4-hour price reached its lower Bollinger Band as trend strength dropped to a weak reading.
  • US spot Bitcoin ETFs recorded $216.7 million in net inflows during the latest completed session.
  • Liquidation data show leveraged positions clustered near $76,500–$77,000 and above $79,500.

Bitcoin price loses short-term support

According to data from crypto.news, Bitcoin (BTC) price was trading around $77,500 at the time of writing, down approximately 1.6% over the previous 24 hours. The asset reached $79,225 earlier in the session before sellers pushed it to an intraday low of $77,318.

The retreat took Bitcoin below the $77,700–$78,000 short-term support range and left it about 4.6% below the recent local high near $81,280.

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BTC remains well above its main daily moving averages despite the pullback. The daily chart places the 20-day simple moving average at $73,198, while the 50-day and 100-day averages sit at $67,924 and $66,285, respectively.

Bitcoin daily chart shows BTC near $77,522 above all major moving averages, while RSI cools to 66 after an overbought reading.
Bitcoin price daily chart — Sep. 1 | Source: crypto.news

Bitcoin also remains above the 200-day SMA near $69,504. The alignment leaves the broader trend constructive, as shorter moving averages have moved above their longer-term counterparts following August’s rally.

Daily momentum has started to cool, however. The relative strength index has fallen to 66 from an earlier overbought reading above 70. An RSI above 50 still favors buyers, but the decline suggests the market is losing some momentum after its rapid move from the $64,000 area.

Rising oil prices and yields pressure Bitcoin

The pullback followed renewed pressure across global markets as oil prices and government bond yields moved higher.

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Brent crude rose roughly 2% to $92.04 per barrel as renewed fighting between the United States and Iran revived concerns over supply disruptions.

More expensive energy can keep inflation elevated by raising transportation and production costs. Persistent inflation would reduce the Federal Reserve’s room to lower interest rates and could revive expectations for tighter US monetary policy.

A simultaneous global bond selloff pushed yields higher, adding pressure to risk assets. Rising yields make interest-bearing government securities more attractive relative to assets such as Bitcoin, which does not generate a fixed return.

The macro pressure arrived despite renewed demand for US spot Bitcoin exchange-traded funds. Farside Investors data show that the products attracted a combined $216.7 million during the latest completed trading session.

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BlackRock’s IBIT accounted for $205.9 million of the total. The daily inflow reversed the $201.9 million net withdrawal recorded on Aug. 28, though Bitcoin’s subsequent decline suggests macro-related selling temporarily exceeded ETF demand.

4-hour indicators point to weak momentum

Bitcoin’s 4-hour chart shows the price testing the lower Bollinger Band at approximately $77,473. The band’s middle line stands near $78,262, while the upper boundary sits at $79,050.

Bitcoin 4-hour chart shows BTC testing the lower Bollinger Band near $77,473, with a weak ADX reading of 12.58.
Bitcoin price 4-hour chart — Sep. 1 | Source: crypto.news

Trading near the lower band reflects immediate selling pressure, but it does not confirm a larger breakdown by itself. A recovery above the middle band would put $79,050 back in focus, while a 4-hour close below the lower boundary could expose the recent lows.

The average directional index has dropped to 12.6 on the same timeframe. An ADX reading below 20 normally indicates that neither buyers nor sellers control a strong trend, making range-bound and uneven price action more likely.

BTC would need to recover the $78,260 Bollinger midpoint before challenging $79,050. Above that level, the $79,500–$80,000 zone represents the next major resistance area, followed by the recent peaks between $80,800 and $81,300.

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Failure to recover the middle band would leave Bitcoin vulnerable to another test of $77,000. A confirmed close below that level would weaken the short-term structure even though the daily moving averages remain bullish.

Liquidation clusters surround the current price

CoinGlass’s one-week liquidation heatmap shows a growing concentration of leveraged positions just below Bitcoin’s current market price.

Bitcoin one-week liquidation heatmap shows liquidity concentrated near $76,500–$77,000 below price and around $79,500–$82,000 above.
Bitcoin liquidation heatmap | Source: CoinGlass

The nearest liquidity cluster appears between approximately $76,500 and $77,000. A larger downside pool is visible closer to $76,000, giving traders two nearby levels to watch if selling accelerates.

Upside liquidity is concentrated around $79,500, with additional clusters between $80,000 and $82,000. Price can gravitate toward areas containing large concentrations of leveraged positions, but the heatmap does not predict which cluster will be reached first.

Derivatives data do not currently point to widespread forced deleveraging. Notably, about $33 million in Bitcoin liquidations, including $19.6 million in long positions and $13.4 million in shorts.

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Bitcoin futures open interest stood near $25.3 billion, rising only 0.6%–0.9% over 24 hours. Average funding remained positive at 0.0066% per eight hours, below the commonly referenced 0.01% baseline. The combination suggests leveraged traders remain positioned, but bullish exposure is not yet unusually crowded.

Bitcoin must defend the $76,500 support zone

The $76,500–$77,000 region is Bitcoin’s main immediate support. The lower 4-hour Bollinger Band and a nearby liquidation cluster add technical importance to that range.

A sustained break below $76,500 could extend the decline toward $75,700–$76,000. If buyers fail to defend that secondary area, the daily chart points to $72,500–$73,200 as the next major support, with the 20-day SMA reinforcing the upper end of the zone.

The bullish scenario requires Bitcoin to reclaim $77,700–$78,260 and then close above $79,050. A move through $79,500–$80,000 could trigger liquidations among short positions and reopen the path toward $81,000–$82,000.

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Pseudonymous trader Eliz maintained a longer-term bullish view despite the short-term volatility, describing purchases above the $65,000–$68,000 range as a “bargain” and saying Bitcoin would eventually trade higher. The forecast remains the trader’s opinion rather than a confirmed market outcome.

For US investors, oil prices, Treasury yields and expectations for the Federal Reserve’s next policy decision remain the main external catalysts. ETF inflows continue to provide institutional demand, but Bitcoin’s next directional move may depend on whether buyers can defend $76,500 while macro conditions remain restrictive.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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What Trump’s Most-Favored-Nation Deal Means for Drug Prices

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What Trump's Most-Favored-Nation Deal Means for Drug Prices

Of course, it’s hard to know even how much the deal will save to Medicaid programs, he says. That’s because the terms of the deals are not publicly available, and neither are the prices Medicaid pays.  

One research letter in JAMA from July estimated that the most-favored-nation policies from 17 pharmaceutical companies that had already been agreed to would lead to $8.6 billion in savings a year for Medicaid programs. 

But those savings are likely only for the short term, says one of that study’s authors, Dr. Thomas Hwang, an assistant professor at Brigham and Women’s Hospital. “Long-term savings are likely illusory,” he says. That’s because evidence suggests that after most-favored-nation deals, companies often raise prices in other countries so that the prices that the U.S. compares its prices to will be higher. 

Already, the U.K. has agreed to cover drugs at higher prices than it did previously, says Dr. Suhas Gondi, an instructor at Harvard Medical School. He predicts that pharmaceutical companies will try to game the agreement by deciding not to launch new drugs in some countries so they won’t have to compare prices to that country.

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4 Investment Committee Members on the September Setup: Why None Are Selling

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The Investment Committee explain how they are setting up their portfolios as we head into September

Wall Street’s biggest desks turned defensive as September opened. CNBC’s Investment Committee did the opposite. None of its four members plans to sell.

The split comes as stocks enter the month after 27 record closes this year. September is also the weakest month on the calendar.

Why Wall Street Is Buying Protection

Scott Rubner runs equity and equity derivatives strategy at Citadel Securities and came from Goldman Sachs. His August 31 note made three points.

  • Earnings are done.

Companies authorized more than $1.1 trillion in buybacks through August. Those buyers go quiet from September 12.

  • Retail steps back too.

Rubner’s data shows September has the year’s weakest dip buying. Purchases on down days run near half the normal pace.

  • Hedges are cheap.

The VIX closed August at 14.4, its second lowest finish since December 2025.

“Use strength to reduce some exposure and add inexpensive protection into this event window,” he noted.

Others followed, with JPMorgan’s trading desk moving to neutral. Wells Fargo turned cautious on fears that AI spending has peaked.

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Both were far more bullish weeks ago, when JPMorgan raised S&P forecasts as hedging demand dried up.

Why the Committee Is Not Selling

  • Joe Terranova, Virtus Investment Partners

Momentum fell double digits this quarter while quality rose 1.5%. The market has somewhere to land, he says, so he will not turn bearish yet.

  • Stephanie Link, Hightower

She is not trying to time the month. Any dip becomes a chance to add to positions she has been building. Value has beaten growth by 14% this year.

  • Jason Snipe, Odyssey Capital Advisors

He calls himself a long-term investor, not a tactical trader. A soft patch is where he adds exposure.

  • Josh Brown, Ritholtz Wealth Management

Momentum peaked on June 22 and has fallen 13.7% since. That rotation already happened, he argues. Trading the calendar only creates taxable gains.

The Investment Committee explain how they are setting up their portfolios as we head into September
The Investment Committee explain how they are setting up their portfolios as we head into September. Source: CNBC

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However, the record is milder than the reputation, because since 1950, September has cost the S&P 500 just 0.6% on average. The month still finished higher 34 times out of 75.

The economy is also holding up. Job openings stayed at 7.3 million in July, the Labor Department reported Tuesday.

Bitcoin (BTC) faces the same test. BTC traded near $77,130 on Tuesday, down over 2% over the last 24 hours. Both markets carry a weak September seasonality record.

Bitcoin Price Performance. Source: BeInCrypto
Bitcoin Price Performance. Source: BeInCrypto

The desks are paying for insurance. The committee is waiting for the sale.

The post 4 Investment Committee Members on the September Setup: Why None Are Selling appeared first on BeInCrypto.

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Wall Street Stock Records Could Move On-Chain. One Trader Punished for Deleting His

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Major County Sheriffs of America Drop Opposition to CLARITY Act

The US Securities and Exchange Commission (SEC) proposed new transfer agent rules on Tuesday. A blockchain could become the official record of who owns a share.

The same day, the Commodity Futures Trading Commission (CFTC) settled with a swaps trader. He had erased messages regulators ordered him to keep. Both actions turn on what counts as an official record.

Stock Records On-Chain Depend on One Obscure Firm

Transfer agents sit behind every public company share. They keep the master securityholder file, which is the issuer’s legal list of who owns what; they also route dividends and process transfers.

Washington has not rewritten those rules since the early 1980s, but Tuesday’s package amends existing rules and forms, rescinds one rule, and adds several new ones. Commissioner Hester Peirce said on X (twitter) that the proposal took more than a decade.

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Chairman Paul Atkins tied the update to technology the industry already uses.

“This proposal would streamline and modernize the Commission’s rules to reflect transfer agents’ current processes and operations, including the use of electronic communications and blockchain technology in connection with securities offerings and the transfer of shares,” read an excerpt in the announcement, citing Atkins.

That line decides whether a token is a share or a wrapper around one. A transfer only carries legal weight when the chain feeds the official file. Meanwhile the tokenization ownership gap has widened while the rules stood still.

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Securitize, Computershare, and Equiniti have already moved for the work, BeInCrypto’s transfer agent guide explains. Registrars would also disclose which securities they tokenize and which networks host them.

A $90,000 Penalty for Messages That Vanished

Elsewhere, the CFTC closed the opposite kind of case. A federal court in Manhattan entered a consent order against John Patrick Gorman III. He is a US dollar swaps trader and a managing director at a global investment bank.

Enforcement staff told Gorman in March 2019 to preserve documents. He deleted WhatsApp threads and one text message instead.

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Two months on, he wrote to the agency claiming he had destroyed nothing. He repeated that account under testimony in November 2019.

“Attempts to impede or obstruct the Commission’s investigations go to the very heart of the division’s ability to detect wrongdoing and enforce the law,” the CFTC said in its release, citing David Miller, the agency’s enforcement director.

The order fines Gorman $90,000 and permanently bars him from repeating the conduct. Regulators still rely on what a trader chooses to keep, which is the weakness a shared ledger removes.

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SEC proposes transfer agent rule, sets event to figure out round-the-clock U.S. trading

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U.S. SEC proposes first major crypto rule in surprise announcement


The U.S. Securities and Exchange Commission issued an agenda for its 24-trading roundtable and proposed a new transfer-agent rule with blockchain implications.

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Trump Defends Hosting Russia at G20 as European Backlash Mounts

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Trump Defends Hosting Russia at G20 as European Backlash Mounts

U.S. officials have previously objected to Russia attending G20 meetings

In the past, U.S. officials have strongly opposed Russia’s participation in G20 meetings.

Asked in March 2022, whether Russia should be removed from the G20, Biden answered: “On the latter point, my answer is yes. That depends on the G20.” If members could not agree to remove Russia, Biden said Ukraine should be invited to attend and observe G20 meetings.

During a finance meeting with global senior finance officials in April 2022 in Washington for the International Monetary Fund-World Bank Spring meetings, former U.S. Treasury Secretary Janet Yellen and officials representing Britain, Canada, and the European Central Bank walked out when Siluanov began addressing the gathering virtually.

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“My decision to work with others to leave when the Russian Finance Minister began to speak was intended to make clear Russia’s behavior so violates, is so offensive to international norms, we’re not willing to allow Russia to participate or to listen to what the Russians have to say,” said Yellen during a subsequent press conference.

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How the GTA 6 Leaker Profited $350,000 From CyberLeek

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How the GTA 6 Leaker Profited $350,000 From CyberLeek

The anonymous leaker behind CyberLeek has reportedly pocketed roughly $350,000, according to on-chain analyst Conor Grogan. The funds allegedly came entirely from liquidity fees rather than direct sales.

The withdrawal coincided with a sharp price decline for the CYBERLEEK meme coin.

The Mastermind Strategy Behind CyberLeek

Grogan stated on September 1 that the person behind CyberLeek withdrew the funds through various OTC providers, a route that converts digital assets into conventional money without requiring large open-market token sales.

That structure differs meaningfully from a typical launch-and-dump scheme. Rather than offloading large CYBERLEEK holdings directly, the wallet tied to the project reportedly profited by collecting fees whenever other traders transacted in its liquidity pool.

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This mechanism depends entirely on sustained trading activity. The viral GTA VI leaks appeared to provide exactly that fuel, drawing in buyers and speculators with each new clip, even as rising volume exposed participants to greater volatility and potential losses.

CyberLeek Launch Timeline

Blockchain researchers traced the CYBERLEEK token’s launch to August 15. The Solana-based asset accompanied each new leak as part of a broader campaign, though the identity behind the controlling wallets remains publicly unconfirmed.

Rockstar Games acknowledged the leaks on August 26, calling the situation heartbreaking, but did not publicly name CyberLeek or draw a definitive conclusion about the leaks’ origin. The studio has since filed federal subpoenas targeting Microsoft and Discord to further the case.

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As of the latest reading, CYBERLEEK traded near $0.002959, down 25.6% over 24 hours, according to CoinGecko data, with a market cap of $2.17 million and 24-hour trading volume of $2.69 million.

The token’s price has swung sharply in a single day, ranging from $0.0024 to $0.0041. It now trades roughly 91% below its all-time high, reached on August 23.

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CyberLeek (CYBERLEEK) Price Performance. Source: CoinGecko
CyberLeek (CYBERLEEK) Price Performance. Source: CoinGecko

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This Stablecoin Shift is Reshaping Global Cross-Border Payments

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This Stablecoin Shift is Reshaping Global Cross-Border Payments

At three in the morning, an AI system can evaluate a trade flow, verify a contract and trigger a cross-border payout in seconds. The payment may still sit in a correspondent bank queue for days. Corporate software now operates at machine speed, while the financial infrastructure beneath it still keeps banking hours.

That timing gap is the structural challenge. The financial architecture underneath these autonomous workflows has failed to experience a corresponding modernization.

Sophisticated, automated software layers now sit on top of traditional banking rails that remain bound by manual processes, legacy clearing schedules, regional banking hours and standard multi-day settlement timelines. This systemic divergence creates an immediate operational mismatch.

An enterprise cannot maximize continuous, automated commerce when its settlement infrastructure relies on decades-old technology designs.

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Deconstructing the Multi-Intermediary Chain in Global Commerce

To understand why traditional clearing mechanisms introduce severe latency, it is necessary to examine the specific structural plumbing of international trade finance. Legacy institutional settlement networks do not transfer value natively; instead, they pass transactional instructions across sequential databases. 

When a global payment moves across traditional banking channels, the underlying instruction must migrate through a fragmented array of payment gateways, domestic clearing houses, central banking networks, and multiple intermediary correspondent institutions.

Each individual leg of this journey introduces an additional layer of ledger reconciliation, manual compliance verification, localized operational hours, and distinct fee structures. 

For instance, an international payment initiated late on a Friday afternoon from a financial hub in Singapore may not achieve final settlement at its destination bank in São Paulo until the following Wednesday. 

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The software system determines the optimal allocation of capital and fires the transaction instruction in milliseconds, yet the financial infrastructure requires five business days to clear the funds.

This prolonged processing latency introduces counterparty risk and ties up critical corporate liquidity. For international trading firms, working capital remains locked in transit and unavailable for deployment. 

The resulting operational friction forces human intervention back into workflows designed for automation, creating a structural drag on global capital velocity.

Designing the Integrated Operational Architecture

Solving this infrastructure deficit requires moving away from fragmented vendor arrangements. When institutions attempt to stitch together separate partners for execution, asset storage, and fiat connectivity, they merely replicate the inefficiency of the legacy banking system. 

Software agents requiring instant settlement cannot be delayed by internal transfers between an isolated over-the-counter desk, a third-party custodian, and an external payment gateway. True efficiency demands one platform where money moves.

SCRYPT follows this integrated model, combining execution, segregated custody and multi-currency settlement on one platform. Keeping the transaction lifecycle in one place reduces internal hand-offs and can limit reconciliation delays and vendor counterparty exposure.

Recent findings from the Bank for International Settlements highlight that stablecoins do not operate as uniform instruments across networks. The same stablecoin issued on two blockchains exists on separate ledgers; bridging capital between them introduces costs, settlement delays and operational exposure. 

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When trading, custody and payment rails span providers and chains, reconciliation failures and counterparty exposure compound. Overcoming this fragmentation requires an integrated framework capable of handling cross-chain settlement as one connected system.

Figure 1. Stablecoin fragmentation across blockchains. Source: BIS Annual Economic Report 2026, Graph 3 (published June 23, 2026; data through 2025).

The Technical Bottleneck: Protocol Performance vs. Settlement Plumbing

As institutional developers seek to resolve this settlement bottleneck, the nature of digital asset networks is undergoing a fundamental shift. With the deployment of high-performance blockchain protocols capable of processing massive transaction volumes, technical transaction throughput is no longer the primary constraint for institutional adoption. The core operational bottleneck has migrated entirely from protocol engineering down to the underlying custody and settlement plumbing.

True institutional integration relies on agnostic infrastructure. This requires the implementation of management platforms that allow corporate treasuries to clear and settle value across stablecoin rails seamlessly, without requiring institutions to alter their day-to-day corporate financial workflows or interface directly with the complex technical elements of public ledgers. 

The enterprise at the end of the chain should experience settlement that completes in real time, without changing how it already works.

Structural Exhaustion and Emerging Market Infrastructure

This operational reality is already dictating corporate behavior within emerging markets, where the adoption narrative has completely moved past speculative retail trading. In economic regions characterized by persistent foreign exchange shortages, systemic currency devaluation, and fragmented local banking systems, enterprise treasury teams are turning to digital settlement rails out of absolute necessity.

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In liquidity corridors across Sub-Saharan Africa and Latin America, businesses encounter friction when accessing international clearing currencies through correspondent banks. Local currency conversion adds costs, delays supplier payments and exposes companies to volatility during multi-day clearing cycles. Some enterprises are using reserve-backed stablecoins to execute faster cross-border settlements.

This paradigm shift represents a clear structural exhaustion with legacy infrastructure that fails to satisfy modern commercial requirements. Emerging market businesses use real-time T+0 settlement to rotate working capital efficiently, manage foreign exchange risk, and protect tight operating margins. In these environments, stablecoins are no longer viewed as alternative financial assets; they are functioning as essential infrastructure for daily commercial survival.

SCRYPT applies this model through multi-currency settlement infrastructure that connects local market exposure with reserve-backed stablecoins and major fiat currencies. For businesses in volatile economies, such platforms can support real-time pricing and faster international B2B payments while reducing reliance on correspondent banking.

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Jurisdiction as Architecture

The expansion of digital settlement infrastructure has created another operational challenge: navigating a fragmented regulatory landscape. With major economies enforcing distinct frameworks, compliance has become an exercise in structural architecture.

A stablecoin authorised under one jurisdiction’s regime may require separate authorisation under another’s before it can be used the same way. Cross-border tax reporting initiatives such as the European Union’s DAC8 framework and the OECD’s Crypto-Asset Reporting Framework (CARF) are also turning compliance into an infrastructure problem. Audit controls, automatic reporting and verification mechanisms must sit within the settlement plumbing. Jurisdictional choices lock in banking relationships, asset segregation standards and supervisory obligations that are costly to alter later.

This environment puts a premium on jurisdictions with mature, substantive financial oversight and long experience of supervising digital assets. Switzerland is one of them. Its principles-based approach accommodates new transactional structures while holding institutional-grade compliance standards, which is part of why it has become a base for firms building settlement infrastructure.

Because a principles-based model focuses on substantive risk management, it travels well. Infrastructure anchored to a FINMA portfolio manager licence alongside VQF supervisory membership can work with counterparties across regions, provided each market’s framework is addressed separately. That is deliberate, institutional-grade architecture.

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Building for the Permanent Design Constraints of Global Commerce

The friction between regional regulatory frameworks and fragmented legacy clearing chains is a permanent condition of the global economy. Institutions and enterprises must treat it as a design constraint and build their infrastructure accordingly.

The broader market trajectory reinforces this structural migration. Stablecoins have evolved from niche digital assets into an increasingly important layer of global financial infrastructure, with growing adoption across enterprise treasury, cross-border payments, and institutional settlement. This trajectory indicates that the migration of enterprise treasury operations onto digital asset rails represents a lasting shift in global finance rather than a temporary market cycle.

Figure 2. Stablecoin market capitalization remains concentrated in USDT and USDC. Source: BIS Annual Economic Report 2026, Graph 2 (market data as of May 29, 2026).

To scale securely within this framework, global institutions must replace vendor fragmentation with an integrated platform design. Utilizing multiple disparate counterparties for trading, custody, and stablecoin execution introduces unacceptable operational risk and reconciliation overhead. Enterprises require a single point of access, where trading, custody and settlement sit on one platform rather than across three vendors reconciled after the fact.

Execution quality determines whether institutional digital asset infrastructure can support global enterprise operations. Anchoring a technology stack within Switzerland’s regulatory environment enables providers like SCRYPT to combine deep liquidity, segregated multi-party computation (MPC) custody and instant automated clearing. This lets enterprises deploy capital without carrying the operational burden of fragmented infrastructure.

Software automation can complete financial and operational analysis at machine speed. The infrastructure used to settle those outcomes must align with that velocity. Automated commercial networks already operate around the clock. Institutional capital must follow. The standard is one platform, where money moves.

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The post This Stablecoin Shift is Reshaping Global Cross-Border Payments appeared first on BeInCrypto.

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Chainlink brings US economic data to 10 blockchains

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Chainlink brings US economic data to 10 blockchains

Chainlink has made six official U.S. economic data feeds covering GDP, inflation, and private domestic demand available across 10 public blockchain networks.

Summary

  • Six feeds cover the level and annualized change of three U.S. economic indicators.
  • 10 networks initially support the data, including Ethereum, Base, Arbitrum, and Avalanche.
  • Monthly and quarterly updates follow the Bureau of Economic Analysis publication schedule.
  • Onchain applications can use the figures in markets, financial products, and risk systems.

Chainlink said the U.S. Department of Commerce is using its oracle infrastructure to distribute macroeconomic statistics produced by the Bureau of Economic Analysis, giving blockchain applications access to government figures without requiring developers to enter each release manually.

The program covers real gross domestic product, the Personal Consumption Expenditures Price Index, and Real Final Sales to Private Domestic Purchasers. Each indicator is available through two feeds: one reports the current level, while the other shows its quarter-over-quarter change at an annualized rate.

Data is initially available on Ethereum, Arbitrum, Avalanche, Base, Botanix, Linea, Mantle, Optimism, Sonic, and ZKsync. Chainlink said support for other networks can be added in response to user demand.

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Although Chainlink drew fresh attention to the arrangement in a recent X post, the feeds were first announced in August 2025. The Commerce Department worked with both Chainlink and Pyth Network at the time, using the two oracle providers to place selected BEA data on public blockchains.

Chainlink feeds deliver six US economic measures

Real GDP measures the value of goods and services produced in the United States after adjusting for inflation. The level feed reports the figure in billions of chained 2017 dollars, while the second feed records the quarter-over-quarter percentage change at a seasonally adjusted annual rate.

The PCE Price Index tracks changes in the prices U.S. consumers pay for goods and services. The Federal Reserve uses PCE data as its preferred inflation measure when assessing progress toward its 2% target, making the releases closely watched by investors across stocks, bonds, currencies and digital assets.

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Chainlink’s PCE feeds provide both the headline index level, with 2017 set as the base year, and the quarter-over-quarter annualized change. The BEA publishes monthly PCE estimates as part of its Personal Income and Outlays report, while quarterly readings also appear in the national economic accounts.

Real Final Sales to Private Domestic Purchasers, the third indicator, measures inflation-adjusted spending by consumers and private businesses. By excluding government spending, exports, and inventory changes, the figure provides a focused measure of private domestic demand, according to the BEA.

Its two feeds follow the same structure used for GDP: one reports the level in chained 2017 dollars, and the other gives the annualized quarterly rate of change. Chainlink updates the six feeds monthly or quarterly, depending on when the BEA releases the underlying figures.

Government data can support automated onchain products

Oracle networks connect blockchains with information created outside their systems. Smart contracts cannot retrieve government statistics on their own, so an oracle provides the data in a format that blockchain applications can read and use.

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According to Chainlink, direct access to BEA figures could support inflation-linked digital assets, prediction markets, perpetual futures, and automated trading products. Developers may also use the feeds to build dashboards or adjust risk settings in decentralized finance protocols after a new economic report is published.

A prediction market, for example, could use an official feed to settle a contract tied to quarterly GDP growth. An inflation-linked product could reference the PCE Price Index, while a lending protocol could incorporate changes in private demand into a predefined risk model. Chainlink identified each of those areas as a possible use rather than a product already launched through the Commerce Department arrangement.

The data feeds do not release economic statistics earlier than the government’s usual publication channels. Updates follow the BEA schedule, meaning onchain users receive the same underlying figures released to the public through official reports.

Chainlink said its feed infrastructure has received ISO 27001 certification and a SOC 2 Type 1 attestation. Such credentials concern the controls and information-security processes supporting the service; they do not remove the need for individual applications to manage smart-contract, market, and data-integration risks.

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Commerce Department previously placed GDP on nine networks

The Chainlink feeds form one part of the Commerce Department’s blockchain data program. In August 2025, the department separately published second-quarter U.S. GDP information across nine networks, including Bitcoin, Ethereum and Solana.

As previously covered on crypto.news, the agency published a cryptographic hash of its full report and the reported 3.3% annualized GDP growth rate. Coinbase, Gemini, and Kraken helped distribute the information, while Chainlink and Pyth supported other parts of the program.

Commerce Secretary Howard Lutnick described the initiative as a way to make U.S. economic information globally accessible and resistant to alteration.

“We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.”

Publishing a hash on a blockchain differs from maintaining an oracle feed. A hash can help users confirm that a document has not changed, while a data feed places a specific value in a format that smart contracts can reference during automated transactions.

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Chainlink expands feeds for tokenized financial assets

Chainlink has also extended its data infrastructure to tokenized stocks and other real-world assets. On Aug. 26, the company introduced price feeds for Coinbase-issued versions of Nvidia, Apple, Meta, and Alphabet shares on Base.

The NVDAc, AAPLc, METAc, and GOOGLc feeds allow lending applications to calculate collateral values, borrowing limits, loan health, and liquidation thresholds. Coinbase currently limits the underlying tokenized stock products to eligible non-U.S. investors, meaning the Chainlink integration does not make the assets available to U.S. users.

In an Aug. 10 research note, Standard Chartered set a $200 target for LINK by the end of 2030. Analyst Geoff Kendrick based the forecast partly on expected growth in tokenized assets and decentralized finance, projecting that assets held on blockchains could reach $4 trillion by the end of 2028. The estimate represents the bank’s forecast and is not guaranteed.

Coinbase’s initial Chainlink-supported stock feeds use total-return values that combine the underlying share price with information from the exchange’s onchain oracle registry. Supported assets are issued under Coinbase’s B20 token standard, with each token representing an interest in a U.S.-listed share held through the product’s custody structure.

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