Cryptocurrency Updates

The SEC Unlocks the Floodgates: A New Era for Crypto ETFs Begins

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On September 17, 2025, the U.S. Securities and Exchange Commission (SEC) made a landmark decision that could reshape the landscape of cryptocurrency investment. By approving generic listing standards for commodity-based exchange-traded products (ETPs), including spot crypto exchange-traded funds (ETFs), the SEC has eliminated the need for case-by-case reviews, paving the way for a potential flood […]

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Grayscale Digital Large Cap Fund Approval

SEC Approval of Grayscale Digital Large Cap Fund Signals Crypto Market Evolution

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In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of Grayscale Investments’ Digital Large Cap Fund (GDLC). This is marking the debut of the first multi-asset spot crypto exchange-traded product (ETP) in the United States. The fund tracks the CoinDesk 5 Index, with a portfolio allocation of

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KRW1 Stablecoin Launch on Avalanche

South Korea’s BDACS launches the first stablecoin KRW1 on Avalanche, fully collateralized with Korean won held at Woori Bank following successful proof of concept validation.

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On September 18, 2025, the cryptocurrency world witnessed a groundbreaking moment as South Korea’s Busan Digital Asset Custody Service (BDACS), in partnership with Woori Bank, launched KRW1 Stablecoin Launch on Avalanche. This marks the nation’s first stablecoin pegged 1:1 to the Korean won (KRW), fully collateralized with reserves held in escrow at Woori Bank. Deployed

South Korea’s BDACS launches the first stablecoin KRW1 on Avalanche, fully collateralized with Korean won held at Woori Bank following successful proof of concept validation. Read More »

Jerome Powell and the Federal Reserve are expected to cut interest rates by at least 25 bps today.

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As the clock ticks toward a pivotal decision, the U.S. Federal Reserve, led by Chairman Jerome Powell, is widely expected to announce a 25 basis point interest rate cut today, marking a significant shift in monetary policy. This move comes on the heels of a sharp decline in the labor market, with only 22,000 jobs

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Blockchain-Based Interbank Payments

Swiss banks including UBS, Sygnum Bank and PostFinance successfully complete the first legally binding blockchain-based payment between institutions, proving efficacy for deposit tokens and interbank infrastructure.

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This highlights a pioneering Blockchain-Based Interbank payment between UBS, Sygnum Bank, and PostFinance using Ethereum, marking the first legally binding interbank transaction on a public blockchain, a significant leap from traditional systems as validated by a Swiss Bankers Association study on September 16, 2025. This proof-of-concept leverages deposit tokens—digital representations of bank deposits—demonstrating potential efficiency

Swiss banks including UBS, Sygnum Bank and PostFinance successfully complete the first legally binding blockchain-based payment between institutions, proving efficacy for deposit tokens and interbank infrastructure. Read More »

Saudi Awwal Bank inks agreement with Chainlink to accelerate onchain finance adoption in Saudi Arabia, leveraging CCIP and Chainlink Runtime Environment for next-generation onchain applications

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SAB Chainlink Partnership – the collaboration between Saudi Awwal Bank (SAB) and Chainlink, announced on September 17, 2025, builds on SAB’s pioneering August 2025 milestone of the world’s first blockchain-based Islamic repo transaction, signaling a rapid adoption of blockchain in Sharia-compliant finance. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Runtime Environment (CRE) enable SAB to manage

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Google and Coinbase Unveil Revolutionary AI Payments Protocol: A New Era for Crypto and Commerce

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Introduction Google has partnered with Coinbase to integrate cryptocurrency payments into its newly launched Agent Payments Protocol (AP2) – also known as AI Payments Protocol. This open-source protocol, unveiled today, promises to redefine autonomous commerce. This is done by enabling AI agents to conduct real-time transactions using stablecoins like USDC, alongside traditional payment methods such

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Avalanche Foundation $1 Billion AVAX

Avalanche Foundation’s $1 Billion Move: A Game-Changer for AVAX and the Crypto Market?

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Avalanche Foundation $1 Billion AVAX Strategy The cryptocurrency landscape is buzzing with excitement following a bold announcement from the Avalanche Foundation. It is negotiating to raise up to $1 billion from prominent investors, including Hivemind Capital and Dragonfly Capital, to establish two U.S.-based treasury firms. These firms are set to acquire and hold millions of

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Bitwise has filed with the SEC to launch an Avalanche ($AVAX) ETF

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The post from Cointelegraph announces Bitwise Asset Management’s S-1 filing with the SEC on September 15, 2025, to launch a spot Avalanche ($AVAX) ETF, marking a significant step toward institutional adoption of Avalanche’s high-speed blockchain, which processes up to 4,500 transactions per second compared to Bitcoin’s 7, as per Avalanche’s official documentation. This filing aligns

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Ripple BBVA Partnership

Ripple’s Strategic Partnership with BBVA: A Milestone in XRP Adoption

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Introduction In a significant move for the cryptocurrency landscape, Ripple has announced a new partnership with BBVA, one of Spain’s leading banks, to provide digital asset custody services for retail clients. This collaboration marks a pivotal expansion of Ripple’s footprint in Europe, building on its established partnerships in Switzerland and Turkey. As the financial world

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