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Abu Dhabi Global Market (ADGM) has granted GFO‑X Group in‑principle approval to establish a digital asset exchange and clearing house, the two parties announced. The approval positions GFO‑X to offer regulated venues for trading, clearing and settlement of tokenized securities and digital assets under ADGM’s financial services framework. GFO‑X said the platform will support institutional … Read more
On September 4, 2025, ECB Executive Board Member Piero Cipollone addressed the European Parliament, advocating for a digital euro to strengthen Europe’s payment system resilience and strategic autonomy. Speaking in Brussels, Cipollone highlighted the digital euro’s role in reducing reliance on non-European payment providers, which dominate 66% of euro area card transactions, citing high fees … Read more
The Commodity Futures Trading Commission’s Division of Market Oversight and Division of Clearing and Risk issued a no-action position Sept. 3 allowing QCX LLC and QC Clearing LLC to be exempted, under narrow conditions, from certain swap-related recordkeeping and swap data reporting requirements for event contracts, including binary option and variable payout contract transactions executed … Read more
OpenAI CEO Sam Altman posted on X that “i never took the dead internet theory that seriously but it seems like there are really a lot of LLM-run twitter accounts now,” prompting renewed debate about the prevalence of AI-generated accounts and content online. X platform observers noted the remark underscored growing concerns around authenticity, moderation, … Read more
Russian President Vladimir Putin and Chinese President Xi Jinping were briefly overheard discussing life extension during a live broadcast of Beijing’s Sept. 3 military parade, when comments about biotechnology, organ transplants and the possibility of greatly extended lifespans were captured on a hot mic. In the exchange, Xi reportedly said some predict people may live … Read more
Kite has raised $18 million in a Series A round led by Paypal Ventures and General Catalyst, bringing total funding to $33 million, the San Francisco–based startup announced. Formerly Zettablock, Kite builds foundational trust infrastructure for the “agentic web,” and today launched Kite AIR, a suite providing programmable agent identities, native stablecoin payments and policy … Read more
Sygnum has expanded its asset management offerings to institutional and wholesale investors in Germany and Liechtenstein, providing access to selected crypto investment solutions including exclusive, non‑directional, low‑volatility yield strategies. The Zurich‑based group said the move follows its successful Liechtenstein registration and leverages an EU liability‑umbrella distribution arrangement with Reuss Private Access AG to deliver institutional‑grade … Read more
Figure Technology Solutions Inc. and certain backers are seeking to raise $526 million in an initial public offering (IPO), planning to offer 21.5 million shares and sell 4.9 million more at a proposed range of $18 to $20 per share, the company said in an SEC filing. At the top of the range the offering … Read more
The Ethereum Foundation (EF) announced it will convert 10,000 ETH through centralized exchanges over several weeks this month to fund research and development, grants, and donations, saying the sales will be executed as multiple smaller orders rather than a single large transaction to reduce market impact. The transparency notice frames the conversions as part of … Read more
RAK Properties, Ras Al Khaimah’s leading publicly listed real estate developer in the United Arab Emirates, announced a partnership with Hubpay to let international buyers purchase units in its Mina beachfront community using major digital assets such as USDT, BTC and ETH, with payments instantly converted to UAE dirhams and settled into RAK Properties’ account. … Read more
