Majority of candidates backed by pro-crypto PACs won the elections

Pro-crypto political action committees (PACs) scored significant victories in the U.S. elections, with 48 of their endorsed candidates winning as of Nov. 8, positioning the industry for stronger influence in Washington, Bloomberg News reported. A record-breaking $135 million in PAC investments spanned over 50 candidates, crossing party lines to support both Democrats and Republicans, according…

Deutsche central bank joins Singapore’s Project Guardian to advance tokenization, digital funds

The German central bank (Deutsche Bundesbank) has joined Project Guardian, a Singapore-led initiative pushing to reshape global capital markets through asset tokenization. The Monetary Authority of Singapore (MAS) launched Project Guardian in 2022 to unite financial heavyweights and policymakers worldwide. The initiative aims to open new liquidity pathways and set standards for tokenized assets. The…

TRON’s Memecoin Boom: SunPump, $SUNDOG, and Nexmate.AI Drive Ecosystem Growth

As the memecoin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier memecoin launchpad, SunPump provides creators with a comprehensive environment to launch and grow their memecoins. Through fostering a vibrant community and attracting high-value projects, SunPump has played a major…

SEC Commissioner Mark Uyeda Urges End to Agency’s Crypto War

U.S. Securities and Exchange Commission (SEC) official Mark Uyeda has called for a shift in the agency’s handling of cryptocurrency regulations. The sentiment from the commissioner, a member of the Republican party, aligns with President-elect Donald Trump’s campaign promise to halt the Biden administration’s aggressive stance towards the digital asset industry. Pause in SEC’s Enforcement…

Tether’s trade finance division funds first oil deal via USDT

Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade finance division, marking the first such deal in the region.  According to a Tether statement, the deal consisted of 670,000 barrels of crude oil and involved a publicly traded oil “super-major” and a “top-tier commodity…