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SoFi Earn: 4.4% Tokenized Deposit Explained
SoFi Earn combines a reported 4.4% yield, FDIC insurance and blockchain access through its SoFiUSD stablecoin. Learn how the product works and what investors should verify before depositing.
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Stablecoin Rewards Rule Sparks Banks vs. OCC Dispute
The ABA says the OCC is undermining Congress by declining to assess third-party stablecoin rewards. The dispute highlights growing pressure on banks as stablecoins become more competitive with traditional payment products.
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Coinbase Fined €3.25M Over Customer Money Safeguards
Ireland has fined Coinbase’s Irish e-money unit €3.25 million over long-running customer-money protection gaps and excessive reliance on its US parent. The penalty raises compliance concerns across Europe.
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Visa’s Reported $2.5 Billion Fireblocks Bid Explained
Visa is reportedly negotiating a $2.5 billion acquisition of Fireblocks, far below the company’s $8 billion valuation in 2022. The deal could strengthen Visa’s position in institutional crypto custody, stablecoins, and tokenization.
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Robinhood Gets Dubai License for 2027 Crypto Launch
Robinhood has secured a Dubai license for a planned 2027 crypto expansion across the Middle East. The approval could increase competition and adoption, but launch details and regulatory execution will determine its impact.
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SEC Names Three Tokenized Stock Platforms
The SEC has selected OKX-ICE, Perpetuals.com and TSV LLC as candidate platforms for its Innovation Exemption covering tokenized stocks. The move signals regulatory experimentation, but candidate status does not equal final approval.
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Etherscan Launches ChatGPT Tools for 60 Blockchains
Etherscan has introduced a ChatGPT plugin with 16 read-only tools for exploring balances, transactions, and smart contracts across more than 60 blockchains. The integration promises easier access to public on-chain data while leaving users in control of their assets.
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Coinbase Ireland Fined $3.6M Over Fund Safeguarding
The Central Bank of Ireland has fined Coinbase Ireland $3.6 million over weaknesses in safeguarding customer funds. The decision underscores the growing regulatory pressure on major crypto exchanges and the importance of strong custody controls.