Reserve Bank of India still favors crypto prohibition to curtail tax evasion: Reuters
Indian regulators maintained a hawkish stance despite the growing embrace of digital assets and technology by governments worldwide. Source:CoinDesk
XRP Ledger’s new upgrade is here. But not everyone’s on board yet
The new software leads among the network's validators, yet by node count it sits behind the older v3.1.3, and the security amendment bundled with it remains a…
Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP
Hedge funds have turned the most bearish on the yen since 2007, boosting bets on further losses to nearly 138,000 contracts as of June 30. Source:CoinDesk
Bitcoin under pressure as U.S.-Iran escalation lifts oil
Major cryptocurrencies are trading in the red as renewed U.S.Iran airstrikes push oil higher. Source:CoinDesk
BlackRock-backed Securitize slides 40% after SPAC debut despite tokenization boom
The decline fits into a pattern of recentlypublic digital asset companies sliding after debut, Arca's Jeff Dorman said. Source:CoinDesk
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. Source:CoinDesk
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. Source:CoinDesk
U.S. SEC to propose crypto rule as soon as this month to ease startups, fundraising
A newly updated agenda from the securities regulator shows socalled Reg Crypto high on its nearterm list. Source:CoinDesk
Analysts see more upside for SpaceX as post-IPO research begins
Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company's $75 billion June IPO. Source:CoinDesk
Vanguard opens search for digital assets leader in sign of evolving crypto strategy
The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets. Source:CoinDesk
AI trade loses steam as infrastructure boom faces reality check
Record earnings, rising competition and concerns over slowing AI spending are forcing investors to reassess one of the market's biggest trades. Source:CoinDesk
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source:CoinDesk