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Polkadot Proposes dotUSD Stablecoin With $5M Treasury Funding

Polkadot proposes a $5 million treasury plan for dotUSD, with DOT holders voting on its native stablecoin launch and future backing. Polkadot is considering launching a native stablecoin called dotUSD through its OpenGov governance system. If approved, the proposal will consume approximately $5 million of the network’s treasury. The proposal...

SGX Wins CFTC Approval for Bitcoin, Ethereum Futures: What’s Next for Prices?

SGX now lets U.S. traders directly access Bitcoin and Ethereum perpetual futures after winning CFTC approval under Regulation 48.10. The Singapore Exchange has received approval from the U.S. Commodity Futures Trading Commission to give American institutions direct access to its Bitcoin and Ether perpetual futures.  The green light comes under...

Consensys Splits Into MetaMask and Infrastructure Firms as Crypto Finance Expands

MetaMask becomes independent as Consensys focuses on institutional blockchain, tokenization, and Ethereum infrastructure. Consensys Software Inc. will split into two independent companies, separating MetaMask from its institutional blockchain operations. Under the restructuring, Consensys Software will rebrand as MetaMask and focus on consumer finance products. Reports suggest Joe Lubin will serve...

Iran Exporters Turn to Crypto Payments Amid US Sanctions

Iran exporters are turning to crypto payments as US sanctions restrict banking access, with USDT becoming a key cross-border payment option. Iranian exporters are increasingly using crypto for international payments. The decision follows the toughening of U.S. sanctions against Iranian businesses, which are making it increasingly difficult for them to...

Spain’s Bit2Me Launches Bit2Shield to Help Police Track and Seize Crypto

Bit2Me launches Bit2Shield to help police trace, secure and liquidate seized crypto. Chainalysis identified 29,120 crypto addresses and digital identifiers in August. Bit2Shield expands Bit2Me’s role in institutional crypto custody and asset recovery. Spain’s largest cryptocurrency exchange, Bit2Me, has launched Bit2Shield to help authorities trace, secure, and liquidate seized digital...