Finance and Business News page 5

The vote finalizes a deal that would make Evernorth one of the largest corporate holders of XRP ahead of a planned Nasdaq listing. Shareholders have voted to approve a merger involving Evernorth, clearing a key hurdle toward the company's planned Nasdaq listing.

Regulators have cleared a framework covering tokenized stocks, bonds and funds as the country targets a 2027 launch. South Korean regulators have taken a step forward on rules governing tokenized securities, according to reports published by Cointelegraph and crypto.news.

The payments giant has launched transactions on Solana, powering the state-backed Roughrider Coin. Fiserv has confirmed that its digital asset platform is now operational, marking a significant step for the payments processor's push into blockchain-based financial products.

Corroboration speed on today's record varies from under two hours to the better part of a day, and the gap is itself the finding. Corroboration speed on today's record varies from under two hours to the better part of a day, and the gap is itself the finding.

A new proposal would ease custody rules for investment advisers handling digital assets, three years after the agency pushed in the opposite direction. The Securities and Exchange Commission has put forward new rules aimed at easing custody requirements for investment advisers who work with crypto assets.

A Clarity Act story credited to Matt Hougan carries contradictory Bitcoin and Ether figures, and neither account is a primary document. A Clarity Act story credited to Matt Hougan carries contradictory Bitcoin and Ether figures, and neither account is a primary document.

One proposal would classify event contracts as swaps, intensifying the regulatory fight over prediction markets. The Commodity Futures Trading Commission has forwarded two proposed rules on prediction markets to the White House for interagency review.

Crypto Economy and TronWeekly both quote Bitwise CIO Matt Hougan on the Clarity Act's Senate setback but report different Bitcoin and Ether price gains for the same post-vote period. Crypto Economy and TronWeekly both quote Bitwise CIO Matt Hougan on the Clarity Act's Senate setback but report different Bitcoin and Ether price gains…

The deal brings one of Japan's largest crypto exchanges under SBI's financial umbrella, reshaping the country's digital asset market. SBI Holdings has finalized its acquisition of Bitbank, a prominent Japanese cryptocurrency exchange, in a deal valued at $294.9 million. The transaction marks one of the largest consolidations in Japan's digital asset industry to date.

The bank's forecast jumped 38% as analysts point to roughly $5 billion in expected inflows. Bitcoin changed hands near $85,000 on Wednesday as Citi revised its price target upward to $113,000. The new figure marks a 38% increase from the bank's previous projection, according to reporting from Cryptonews.com and The Cryptonomist.

The EU securities regulator wants gateways that connect users to decentralized finance protocols to face new compliance rules. The European Securities and Markets Authority has floated a plan to regulate so-called DeFi access points under the Markets in Crypto-Assets regulation, according to reports from Cryptopolitan and UNLOCK Blockchain.

Ripple's token closed the prior three months in the green, setting up a watch on whether the streak extends through October. XRP closed out the third quarter with three consecutive months of positive performance, according to separate reports from CryptoPotato and Cryptonews.com.

Spot Bitcoin exchange-traded funds saw strong inflows over the third quarter, coinciding with a sharp rise in the token's price. Spot Bitcoin exchange-traded funds recorded substantial net inflows during the third quarter, with figures reported at either $6 billion or $6.3 billion depending on the source.

New data shows the city-state regaining ground as a regional digital asset hub, led by a sharp rise in institutional participation. Singapore's crypto market has posted a notable rebound, with total activity reaching $284 billion. The figure reflects a broad increase in trading and transaction volume across the city-state's digital asset sector.

A brief bounce tied to softer inflation data lost steam when bond yields failed to retreat. Bitcoin touched $85,500 in the wake of a softer inflation print, according to CoinDesk, before the move reversed. The initial pop came after data pointed to easing price pressures, a reading traders typically interpret as supportive for riskier assets…

The enforcement action raises questions about how tokenized exposure to private companies is sold to retail investors. The Securities and Exchange Commission has brought charges against Meyer Global, alleging the firm defrauded investors through offerings tied to pre-IPO stock in SpaceX.

Officials are reportedly examining how Binance continues to serve European customers despite an earlier wind-down order European Union regulators are reportedly reviewing how Binance has used a transitional exemption under the Markets in Crypto-Assets regulation, or MiCA, to continue operating in the bloc.

A new policy paper argues an opaque MSCI review process could force index funds to dump shares of bitcoin treasury companies. The Bitcoin Policy Institute, a Washington-based research group focused on digital asset policy, has released a paper examining a rule under review at MSCI.