SEC Chair Says Tokenization Could Transform U.S. Financial System Within βCouple of Yearsβ

The U.S. financial system may transition to blockchain far sooner than many expect, according to SEC Chair Paul Atkins.

The U.S. financial system may transition to blockchain far sooner than many expect, according to SEC Chair Paul Atkins.

Coinbase has reinstated new user registrations in India after more than two years of suspension. This initiative represents its most concerted effort to reestablish a significant presence in one of the worldβs most active cryptocurrency markets.

Italyβs financial regulator has urged crypto companies to prepare for a major regulatory shift, as the EUβs Markets in Crypto-Assets (MiCA) framework approaches a key cutoff. Specifically, the reminder highlights a December 30, 2025, deadline that will determine whether many operators can continue serving customers in the country.



Fundstratβs Tom Lee says the worst phase of the current Bitcoin and crypto downturn is likely over. Speaking at Binance Blockchain Week, he argued that digital assets have already βbottomed,β noting that recent weakness does not reflect the sectorβs underlying progress.

Bitcoinβs short-term direction may depend more on Strategyβs financial strength rather than on the recent uptick in miner selling, according to a new JPMorgan analysis. The bankβs assessment indicates that the companyβs ability to maintain its large Bitcoin reserve is becoming increasingly important.

The International Monetary Fund cautioned that the rapid rise of stablecoins, particularly dollar-linked tokens, could threaten national monetary control. Its latest report highlights that this trend may severely impact countries already struggling with inflation or weak confidence in domestic institutions.

Russiaβs state-owned lender VTB is preparing to offer direct trading of Bitcoin and other cryptocurrencies. This development signals a significant shift in the countryβs financial landscape as regulators move toward a more flexible approach to digital assets.

BlackRock says the United Statesβ ballooning national debt may strengthen institutional interest in Bitcoin, especially as traditional hedges lose appeal amid rising fiscal pressures. The worldβs largest asset manager argues that the mounting debt load is prompting investors to reassess how they protect long-term value.

While the passage of the United Statesβ first federal stablecoin law has opened a new chapter for digital assets, it has also highlighted disagreements on Wall Street. Major institutions are now debating whether the GENIUS Act will strengthen demand for the U.S.

Michael Saylorβs Bitcoin-focused firm, Strategy, has created a major U.S. dollar reserve amid weakening market sentiment.

Bank of America now advises wealth management clients to consider a small allocation to the world's largest cryptocurrency, Bitcoin. Specifically, the bank now recommends a 1%β4% allocation for eligible investors across its wealth management platforms.



BlackRock CEO Larry Fink and COO Rob Goldstein say tokenization is approaching a breakthrough moment, comparing its current stage to the early Internet era. The executives argue that the technology could scale far faster than expected.

Former U.S. SEC Chair Gary Gensler has said Bitcoin occupies a distinct position in the digital asset landscape, describing most other crypto tokens as highly speculative and lacking clear fundamentals.

European authorities have dismantled Cryptomixer, a Bitcoin mixing service suspected of facilitating large-scale money laundering. The coordinated operation was led by Europol and carried out in Zurich, highlighting Europeβs ongoing effort to combat crypto-enabled financial crime.

A long-inactive Bitcoin miner wallet transferred its entire 50 BTC balance this week, bringing to an end more than 15 years of silence on the blockchain. The unexpected move unfolded amid heightened market uncertainty and renewed pressure on the worldβs largest cryptocurrency.

Vanguard is set to allow its customers to trade crypto ETFs and mutual funds. The decision marked the end of years of reluctance toward crypto assets and underscored rising demand from both individual and institutional investors.

The global cryptocurrency market came under sudden pressure on Monday after Bitcoin recorded a steep intraday decline. The downturn triggered a wave of liquidations that erased hundreds of millions in leveraged positions across major exchanges.

Ripple has secured approval from the Monetary Authority of Singapore (MAS) to expand the scope of activities allowed under its Major Payment Institution (MPI) license. The approval applies to Ripple Markets APAC, the firmβs local subsidiary, according to a company statement.

Balancer has proposed a plan to return nearly $8 million in recovered assets to liquidity providers affected by a major exploit earlier this month. In early November, Balancer V2 Composable Stable Pools suffered an attack that exploited a vulnerability, allowing the perpetrators to steal approximately $128.6 million.

Europeβs top asset manager, Amundi, has unveiled its inaugural tokenized share class for a euro-denominated money market fund, powered by the Ethereum blockchain. This launch enables the fund to operate in a hybrid format, offering both traditional and blockchain-based share classes.