Hong Kong’s Crypto Power Play: SFC Lifts Staking Ban and Forges UAE Alliance

Hong Kong’s SFC has reinforced its strategy for regulated digital finance by meeting UAE regulators to align rules for virtual assets. Following the talks, the SFC has permitted licensed platforms to run staking programs, demanding full custody of client assets and disclosures on lockups, fees, and risks.
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Veteran Trish Turner Takes IRS Crypto Helm as Musk’s DOGE Cuts Decimate Agency

IRS has promoted 18-year veteran Trish Turner to lead the Digital Assets Office, marking continuity for crypto oversight as the agency loses advisers Sulolit “Raj” Mukherjee and Seth Wilks. Their departures reflect DOGE budget cuts that have already reduced tax auditor ranks by a third.
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BVNK Lands Visa Backing for $12B Stablecoin Expansion in U.S. Payments

BVNK, a UK stablecoin infrastructure firm processing $12 billion, has secured investment from Visa and is opening offices in San Francisco and New York. The tie-up lets banks, fintechs and merchants settle domestic and cross-border transactions in stablecoins over Visa’s network.
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SOL Strategies Snaps Up 122K SOL With $20M—First Strike in $500M Yield Gambit

SOL Strategies has completed the first $20M drawdown of a $500M convertible note arranged with ATW Partners, purchasing 122,524 SOL at $148.96. By staking the entire haul, the company has linked note interest to staking yield and reinforced its validator expansion plan.
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Ethereum Stablecoin Market Explodes 1M-Fold to $124B – What’s Driving It?

Ethereum Stablecoin capitalization has risen from $124 K in 2018 to $124.5 B, giving Ethereum 52 % of digital-dollar liquidity via USDT. Institutions such as Mastercard and Stripe have integrated these rails, and the coming EIP-7251 upgrade promises larger validator stakes and greater efficiency.
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$AAVE Buyback Blitz Sets Stage for $190 Breakout – Can Bulls Deliver?

$AAVE has traded near $166 after a 14.8 % monthly climb, supported by a six-month $1M weekly buyback plan, rising TVL above $30.8B, and fresh deployments on Celo and a pending Aptos launch. WLFI’s $1M stake and MetaMask plus RLUSD integrations have reinforced on-chain activity.
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Maxine Waters Storms Out of Crypto Hearing, Citing Trump Coin Conflict

Maxine Waters has withdrawn from a bipartisan House hearing on future U.S. crypto rules, contending that President Trump’s personal $TRUMP coin and broader crypto stake have compromised regulatory deliberations. Fellow Democrats have organized a separate session to examine ethical questions.
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