3-11
ABA survey shows wide consumer backing for cautious stablecoin yield rules linked to banking risk
A recent American Bankers Association survey released on Tuesday indicates many consumers support limits on stablecoin yields when potential banking and financial system risks are highlighted. Respondents reportedly back congressional restrictions on stablecoin rewards by a 3-to-1 margin under certain risk scenarios and favor cautious stablecoin laws by a 6-to-1 margin. The findings arrive as U.S. lawmakers, banks and crypto firms clash over how stablecoin yield should be handled in broader market structure legislation.
3-11
3-11
Aave's Stani Kulechov outlines DAO evolution and execution focus after governance shakeup
On Tuesday, Aave founder and CEO Stani Kulechov published an essay arguing that the Aave DAO must evolve toward faster, more centralized execution while preserving tokenholder safeguards. His remarks follow a governance dispute in which key contributors BGD Labs and the Aave Chan Initiative decided to step back from the protocol over concerns about the "Aave Will Win" proposal and Aave Labs' influence. Kulechov said Aave has streamlined its product suite and wants governance to concentrate on major protocol and treasury decisions, while operational execution remains led by dedicated teams.
AAVE
AAVE-0.23%
3-11
3-7
Florida Legislature Approves Senate Bill 314, First US State Stablecoin Framework
Florida lawmakers have approved Senate Bill 314, establishing a state-level regulatory framework for payment stablecoin issuers and awaiting Gov. Ron DeSantis' signature. The measure, aligned with the federal GENIUS Act, revises money laundering rules, sets consumer protection and financial stability requirements, and clarifies that certain payment stablecoins are not securities. A related bill, CS/CS/SB 1440, also passed to strengthen confidentiality protections for virtual currency and stablecoin businesses supervised by the Office of Financial Regulation.
3-7
3-6
Binance challenges Blumenthal Iran sanctions inquiry, calls media reports "demonstrably false"
Binance responded in an open letter on Friday to U.S. Senator Richard Blumenthal's February inquiry into alleged Iran sanctions violations at the exchange. The company said it cut ties with Hong Kong partners Hexa Whale and Blessed Trust after finding only indirect exposure to Iran-linked wallets and argued that media reports underpinning the probe are factually wrong and defamatory. Binance also highlighted a reported 97% reduction in its exposure to wallets allegedly involved in illicit activity and to major Iranian crypto exchanges.
BNB
BNB+0.25%
3-6
3-6
Bank of Canada, TD Bank and partners test $100 million CAD tokenized government bond on Hyperledger Fabric
The Bank of Canada completed Project Samara, a pilot that used Hyperledger Fabric to issue and manage a single three‑month $100 million Canadian dollar‑denominated bond for a closed investor group. The experiment involved TD Bank, Export Development Canada and Royal Bank of Canada units, and reported operational efficiencies alongside challenges such as added system complexity and regulatory gaps.
3-6
3-6
Kraken unveils xChange, a unified execution layer for xStocks tokenized equities on Ethereum and Solana
Kraken is introducing xChange, an onchain trading engine that serves as a unified execution layer for xStocks tokenized equities operating 24/5 on Ethereum and Solana. The platform is set to support direct trading of more than 70 tokenized U.S. stocks and ETFs, while xStocks has already recorded over $25 billion in lifetime volume across Ethereum, Solana and TON. The launch comes as institutions highlight the need to reduce fragmentation in tokenization markets and as tokenized equities and ETFs continue to expand despite a recent drop in activity metrics.
ETH
ETH+0.24%
3-6