Wall Street pushes tokenized stocks, but institutions aren’t eager to trade them

Wall Street is racing toward tokenized equities and 24/7 trading, but many institutional investors are wary of the instant settlement model. Tokenization refers to representing traditional assets such as stocks on blockchain networks. In theory, the approach could modernize market infrastructure that dates back decades, allowing securities to move and settle instantly while potentially enabling…

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Brazil industry giants representing 850 companies decry stablecoin tax threat

Brazil’s leading cryptocurrency and fintech industry groups have warned that expanding a financial transaction tax to stablecoin operations could harm innovation and violate existing law. In a joint statement shared with CoinDesk, industry associations ABcripto, ABFintechs, Abracam, ABToken and Zetta said recent discussions about extending a tax on financial operations (locally known as Imposto sobre…

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AI developers may not be keen on crypto, but stablecoins are the secret to agentic finance, crypto insiders say

To get an idea of how big a deal AI-based commerce could be for crypto, ask entrepreneurs and developers involved in digital assets, particularly stablecoins. They’ll happily tell you blockchain-based money is the natural fit, an essential element in the mix and so forth. Their logic is simple. Over the past few years, stablecoins —…

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Bitcoin above $71,000, ETH, SOL, ADA zoom higher as cryptos shrugs off stock weakness

Bitcoin BTC$70,638.52 held firm near $71,000 on Friday, extending a quiet stretch of consolidation that has kept the crypto market largely unmoved by turbulence in global equities. BTC traded around $71,300 in early trading, up roughly 2.6% over the past 24 hours and slightly higher on the week. Ether (ETH) changed hands near $2,117, gaining…

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