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SEC proposes framework allowing investment advisers, funds to self-custody crypto

SEC proposed a crypto framework for investment advisers & funds, allowing self-custody in some cases & state trust companies as custodians.

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Hyperliquid Policy Center, Circle press EU on perps and stablecoin reserves in MiCA review

Hyperliquid's policy group wants perps under MiFID II, while Circle targets MiCA's bank deposit floor in filings to the European Commission's MiCA review.

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Ethereum staking reward burn proposal EIP-8363 pulled from Hegota upgrade

Co-author Jérôme de Tychey said industry participants and core contributors convinced him a scoping process was the wrong venue for an issuance change.

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Evernorth shareholders approve $1 billion XRP treasury deal, clearing path to Nasdaq debut

Armada Acquisition Corp. II shareholders approved the Evernorth merger. The XRP treasury company expects to hold ~473M XRP.

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NEAR Intents halts services after $3.8 million exploit, promises full compensation

NEAR Intents patched the contract flaw, but deposits and withdrawals on 11 networks remain disrupted.

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Robinhood Wallet integrates Arcus RFQ system for stock token swaps

Robinhood Wallet adds Arcus as a routing provider for Stock Token swaps, giving eligible users access to more than 190 tokens.

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Bitcoin ETFs’ 9-day, $3 billion inflow streak comes to an end as $149 million exits the funds

Meanwhile, U.S. spot Ethereum ETFs saw $59.6 million in net outflows on Wednesday, led by $26.6 million exiting Fidelity's FETH fund.

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Lloyds, Visa settle $750,000 using USDC in live cross-border pilot

Lloyds used USDC to settle $750,000 of payment obligations with Visa during a seven-day live cross-border pilot.

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Clarity Act’s failure gave crypto ‘faster’ regulatory wins, Bitwise CIO says

Bitwise’s Matt Hougan says Clarity’s defeat left crypto with fewer restrictions and faster SEC action.

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CFTC secures over $30 million judgment against defendants in Fundsz fraud case

The CFTC secured a win in court after the agency said two defendants participated in a crypto scheme that they then tried to walk back.

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Base launches Cobalt upgrade with conditional transactions and new B20 asset functions

Base has launched Cobalt, adding conditional transactions and new functions for assets issued under its B20 standard.

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DogeOS launches testnet to bring EVM smart contracts to Dogecoin

DogeOS launched a public testnet for its zero-knowledge rollup bringing EVM smart contracts to Dogecoin, with DOGE used for gas fees.