Blockchain News page 52

The OCC is targeting November for final rules as three federal regulators move in tandem to implement the new stablecoin law. The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration are each developing stablecoin rules tied to the GENIUS Act.

The Coinbase-incubated layer-2 network is funding early-stage projects that blend artificial intelligence with onchain finance. Base, the Ethereum layer-2 network built by Coinbase, has introduced a new accelerator program aimed at startups working on artificial intelligence and finance. The initiative offers $100,000 in funding to selected participants, according to reporting from Decrypt and CryptoBriefing.

Matt Hougan argues that autonomous AI agents trading tokenized assets could multiply on-chain activity far beyond current levels. Bitwise Chief Investment Officer Matt Hougan has outlined a scenario in which blockchain transaction activity expands dramatically, driven by the rise of autonomous AI agents operating in tokenized markets.

On-chain data cited by Bitcoin.com News shows large holders accumulating after months of net selling. Bitcoin.com News reported on August 19 that large bitcoin holders added approximately 43,000 BTC to their combined balances. The outlet described the accumulation as the end of a selling period that had stretched across several months.

The network's institutional services arm secured the registration, a first for a layer 1 blockchain network. Injective's institutional services arm has received registration from the U.S. Securities and Exchange Commission as a transfer agent, according to reports from CryptoBriefing and Cointelegraph. The registration makes Injective the first layer 1 blockchain network to hold this status.

The firm's research arm sees promise in AI-crypto integration while cautioning against overstating near-term benefits. Fidelity Digital Assets has published new commentary on the relationship between artificial intelligence and cryptocurrency. The firm's research suggests AI tools could significantly boost the crypto industry's capabilities.

The regulator has closed its civil cases against the former Alameda Research CEO and FTX co-founder, both key cooperators in the criminal case against Sam Bankman-Fried. The Commodity Futures Trading Commission has resolved civil enforcement actions against Caroline Ellison and Gary Wang, two of the most prominent figures in the collapse of FTX and Alameda…

A morning briefing from Decrypt and Yahoo Finance flags a shift in the regulator's posture toward digital assets. Decrypt and Yahoo Finance published near-identical morning briefings on August 19, both titled around the theme of the SEC bringing clarity to crypto.

CryptoBriefing reports the South Korean chipmaker is lifting prices as global demand for advanced semiconductors climbs. Samsung has increased prices for chip manufacturing contracts by up to 15%, CryptoBriefing reported. The move reflects growing demand across the global semiconductor supply chain. Samsung is one of the world's largest chip foundries and memory producers.

The two banks moved a tokenized deposit over Swift's new distributed ledger platform, marking a milestone for bank-grade blockchain settlement. HSBC and Standard Chartered have completed the first live transaction on Swift's blockchain-based ledger, according to Finextra. CryptoBriefing described the transaction as involving a tokenized deposit, moved between the two banks over the new platform.

The synthetic dollar issuer looks past crypto funding rates to widen how USDe is collateralized Ethena Labs has added a $1 billion credit facility from FalconX to support its USDe stablecoin, according to reports from CoinDesk and CryptoBriefing.

Garlinghouse addressed the company's ambitions to modernize traditional finance infrastructure alongside talk of a future public listing. Ripple CEO Brad Garlinghouse discussed the company's direction in remarks covered separately by CoinGape and Finbold on August 19.

Regulators released a rulemaking proposal for digital assets hours after pulling a planned meeting from the calendar. The Securities and Exchange Commission has released a proposal aimed at establishing clearer rules for crypto assets. The announcement followed the sudden cancellation of a meeting that had been expected to include a related vote.

CryptoBriefing and Yahoo Finance (Reuters) give conflicting accounts of when Nebius's convertible bond raise happened, its status, size, and maturity dates. CryptoBriefing and Yahoo Finance (Reuters) give conflicting accounts of when Nebius's convertible bond raise happened, its status, size, and maturity dates.

Cointelegraph and CryptoBriefing both report Centrifuge's Symbiotic integration across three tokenized funds but disagree on the total assets under management involved. Cointelegraph and CryptoBriefing both report Centrifuge's Symbiotic integration across three tokenized funds but disagree on the total assets under management involved. What all sources agree on Centrifuge added Symbiotic's Liquid Lane liquidity network.

The exchange's new base positions the UAE as a center for real-world asset tokenization amid regional growth forecasts Coinbase has set up an international tokenization hub in Abu Dhabi, according to reports from CryptoBriefing and The Cryptonomist.

New filings show Bitcoin ETF holdings rose 8% even as the asset's price fell 14% during the quarter. Bitcoin's second-quarter price drop did not trigger a uniform retreat from institutional investors. Newly reported filings data shows a clear divide in how different classes of large holders responded to the decline.

Former New York governor says market structure legislation 'has to pass' as other jurisdictions move faster on digital asset regulation Andrew Cuomo, the former governor of New York, has publicly urged Congress to pass the CLARITY Act.