Everything web3, crypto, defi, degen
In brief Kenyan parliament enacted the Virtual Asset Services Providers Bill, which seeks to establish regulatory bodies and crypto frameworks in the country. The bill identifies Kenya’s Central Bank and the Capital Markets Authority as regulatory bodies that will oversee brokers, investment advisors, and others. Sub-Saharan Africa ranked third in Chainalysis’ geographic crypto adoption report,…
In brief BlackRock CEO Larry Fink said the firm is working on its own tokenization tech. Everything from ETFs to real estate could be tokenized, he said. Tokenized ETFs could help people prepare for retirement, he added. The world’s largest asset manager is developing its own technology related to digital representations of traditional assets, BlackRock…
In brief Larry Fink said he had to “relook at [his] assumptions” about Bitcoin. BlackRock now manages several crypto-linked ETFs amid growing investor interest. Some firms, including Hargreaves Lansdown, remain wary despite offering crypto products. BlackRock CEO Larry Fink has once again reiterated cautious approval of crypto investments and walked back previous comments he made…
In brief House of Doge, the business arm of the Dogecoin Foundation, is now trading on the Nasdaq after merging with Brag House Holdings (TBH). Backed by Elon Musk’s lawyer Alex Spiro, the company aims to use new capital to expand Dogecoin’s role in global payments and expand its reach into sports and other sectors.…
In brief China’s Aheadform unveiled its Origin M1 robot head, reviving debate over how human is too human in machine design. Spanish researchers found that moderately human-like robots inspire more trust than highly realistic ones. Analysts project the global service-robot market will surpass $293 billion by 2032 as humanoids enter daily life. A new ultra-realistic…
In brief The Monetary Authority of Singapore has deferred new crypto prudential standards to the start of 2027. MAS delayed the rollout from January 1, 2026 due to crypto industry concerns raised in a consultation on the changes. Respondents warned that the proposed risk classifications could unfairly penalize assets built on permissionless blockchains, potentially stifling…
In brief Bernie Sanders is calling for a 32-hour work week and a “robot tax” on corporations. Lawmakers are split over whether his plan helps or hinders tech growth. Experts say AI’s speed and long-term job impact remains uncertain. In a YouTube video released Wednesday, U.S. Sen. Bernie Sanders (I-VT) warned that artificial intelligence could…
In brief Bitcoin’s “debasement trade” narrative echoes gold’s historical role as a hedge against currency dilution. Some observers say Bitcoin still trades more like a high-risk asset than a haven. Others argue that could change as gold grows more expensive and trust in fiat erodes. Bitcoin’s latest price movements are reviving an old narrative that…
In brief Block founder Jack Dorsey tweeted a call for a de minimis tax exemption on everyday Bitcoin transactions, prompting Sen. Cynthia Lummis to reply she’s “Working on it.” Lummis urged supporters of the tax exemption to contact their representatives. The exemption was part of crypto tax reforms that failed to make it into Trump’s…
In brief The Roughrider Coin is scheduled to launch in 2026. The stablecoin is built on the FIUSD platform and backed by U.S. dollars. The announcement follows Wyoming’s Frontier Stable Token debut in August. The Bank of North Dakota and financial technology firm Fiserv announced Wednesday that they will launch Roughrider Coin, a U.S. dollar-backed…
