Headlines

South Korea Plans Stablecoin-Based Tokenization by 2027

Progress beyond the initial rollout will depend partly on market adoption and the outcome of pending stablecoin legislation. South Korea’s Financial Services Commission unveiled a phased roadmap on September 4 for converting stocks, bonds and investment funds into blockchain-based tokens, with the earliest phase due to start in February 2027 once an amendment to…

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Trump pushes Fed on rates after 162,000-job gain

U.S. President Donald Trump has renewed his demand for lower interest rates and threatened to halt trade with deficit countries after employers added 162,000 jobs in August. Summary U.S. payrolls rose by 162,000 in August, beating economists’ forecast of 56,000. Trump demanded lower rates and threatened to stop trade with countries running surpluses against the…

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Tesla launched Cybercab in Austin. Hours later, the feds launched an investigation.

Tesla threw a flashy party on Thursday to announce the start of its autonomous Cybercab service in Austin, but some of the wind was taken out of the company’s sails when the National Highway Traffic Safety Administration announced an investigation into the Cybercabs almost immediately after the launch. Tesla’s Cybercabs are gold-covered robotaxis that seat…

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Coinbase Files With SEC to Bring Single-Stock Perpetual Futures to US Investors

The move would extend Coinbase’s existing crypto perpetual futures business in the United States into individual equities. Coinbase said this week it filed notice registrations with the US Securities and Exchange Commission (SEC) to offer single-stock perpetual futures domestically, according to a post from the company’s official account. The move adds another regulated derivatives…

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Washington State Seeks $1.03M Fine, Ban for Crypto Kiosk Firm

Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed charges against GPD Holdings LLC,…

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