Thailand's Securities and Exchange Commission has advanced its planned spot Bitcoin and Ether ETF framework to the draft regulation stage, setting an 80% minimum exposure requirement for the funds. The regulator is consulting on retail listings on the Stock Exchange of Thailand, with domestic digital asset custodians designated as primary custody providers.
Coinbase has launched tokenized versions of equities on its Base layer-2 network, with each token representing a direct claim on an underlying share including voting and dividend rights. The rollout includes carry trade vaults designed to enable leveraged positions and 24/7 trading on traditionally restricted assets.
Revolut has begun rolling out EURR, a euro-pegged stablecoin compliant with the EU's Markets in Crypto Assets Regulation, to selected customers in Denmark, Poland, and Portugal. A Luxembourg subsidiary of Stripe holds the reserves backing the stablecoin.
South Korea's Shinhan Financial Group and Visa are testing stablecoin issuance, remittance, and settlement systems alongside AI-powered payment models. The collaboration marks a major financial institution's entry into domestic stablecoin infrastructure.
Federal Reserve Chair Kevin Warsh will deliver the Jackson Hole Economic Symposium keynote on Friday, with the symposium theme centered on financial innovation and its implications for payments and policy. Warsh's speech is positioned as potentially significant for crypto market sentiment given his recent blockchain divestment and appointment of Marc Andreessen to co-lead the Fed's AI task force.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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