S&P downgrades USDT’s dollar peg rating to lowest score
S&P Global Ratings has downgraded Tether’s USDt to the lowest score on its stablecoin stability scale, questioning the token’s ability to maintain its dollar peg....
DeFi
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Bolivia to integrate crypto, stablecoins into the financial system
The government of Bolivia will integrate cryptocurrencies and stablecoins into the financial system in a push to modernize the country’s economy, Bolivia’s economic minister, Jose...
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Polymarket can now operate in US! Texas buys $5M BTC! MON up another 24%! – Decrypt
Polymarket can now operate in US! Texas buys $5M BTC! MON up another 24%! Crypto majors were slightly red, with BTC down 1% at $86,600...
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Grayscale files with SEC to list Zcash ETF
Grayscale is aiming to convert its Zcash Trust into a spot exchange-traded fund in a move that could mark one of the first investment vehicles...
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Bitcoin Reclaims $90K Ahead of Thanksgiving as Ethereum, XRP Bounce Back – Decrypt
In brief Bitcoin has jumped back above $90,000. The leading cryptocurrency dropped to about $81,000 last week. Other coins also rose Wednesday, including Ethereum, XRP,...
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Robinhood moves into prediction markets with FTX-linked acquisition
A company with ties to the defunct cryptocurrency exchange FTX is being acquired by Robinhood Markets and Susquehanna International Group as part of a push...
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Robinhood Stock Rises Following Deal That Could Boost Its Prediction Market Push – Decrypt
In brief Trading app Robinhood has acquired a 90% stake in derivatives exchange LedgerX, in partnership with Susquehanna International Group. Research firm Bernstein believes the...
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Robinhood moves into prediction markets with FTX-linked acquisition
A company with ties to the defunct cryptocurrency exchange FTX is being acquired by Robinhood Markets and Susquehanna International Group as part of a push...
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South Korea's Top Crypto Exchange to Be Absorbed By Tech Giant in $10.3 Billion Deal – Decrypt
In brief Naver Financial is acquiring Dunamu—operator of Upbit—in a $10.29 billion all-stock deal that will make Dunamu’s leaders the largest shareholders in Naver. The...
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Bolivia to integrate crypto, stablecoins into the financial system
The government of Bolivia will integrate cryptocurrencies and stablecoins into the financial system in a push to modernize the country’s economy, Bolivia’s economic minister, Jose...
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Grayscale Files to Launch Zcash ETF After Privacy Coin's 1,000% Price Surge – Decrypt
In brief Grayscale has filed to convert its Zcash trust into an ETF. Zcash has shot up by 1,000% over the past year. Grayscale has...
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How the SEC’s revised 2025 plan could streamline crypto oversight
Key takeaways For years, US crypto firms operated under overlapping rules from the SEC, CFTC, FTC and FinCEN. The revised 2025 plan signals Washington’s intent...
