ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

More

ICP Zero-Fee Gala

DeFi

Share

DeFi eliminates intermediaries by using smart contracts on blockchains to provide financial services like lending, borrowing, and trading. In 2026, the "DeFi 3.0" era is defined by Institutional DeFi and the integration of Real-World Assets (RWA). From liquidity provisioning on Uniswap to advanced lending on Aave, this tag tracks the evolution of autonomous financial systems, yield optimization, and the rise of AI-driven portfolio management in the decentralized economy.

67991 Articles

Created: 2026/02/02 18:52

Updated: 2026/02/02 18:52

Technical guidance: Smart contract implementation guide for Hong Kong stablecoin issuers

Technical guidance: Smart contract implementation guide for Hong Kong stablecoin issuers

With the formal passage of the Stablecoin Ordinance, the Hong Kong Monetary Authority (HKMA) issued the "Draft Guidelines for the Supervision of Licensed Stablecoin Issuers" on May 26, 2025, aiming

2025/07/23

Share

Ken Griffin’s Citadel Urges SEC to Treat Tokenized Shares Like Traditional Stocks

Ken Griffin’s Citadel Urges SEC to Treat Tokenized Shares Like Traditional Stocks

Citadel Securities, the trading giant founded by billionaire Ken Griffin, is calling on the US SEC to hold tokenized equities to the same standards as traditional listed stocks. In a recent letter submitted to the SEC’s Crypto Task Force on July 21, the firm warned against granting broad exemptions for digital assets that resemble equity securities. The company said it supports innovation in market infrastructure, but drew a sharp line between true technological progress and regulatory arbitrage. “Tokenized securities must achieve success by delivering real innovation and efficiency to market participants, rather than through self-serving regulatory arbitrage,” Citadel wrote. Citadel Securities wrote a compelling letter to the @SECGov on the topic of tokenized public stocks, with which I strongly agree: "Simply put, while we strongly support technological innovations designed to address market inefficiencies, seeking to exploit regulatory arbitrage… — Carlos Domingo (@carlosdomingo) July 22, 2025 ‘Look-a-Like’ Equities Must Follow Same Rules, Citadel Tells SEC Tokenized equities, issued on blockchains as alternatives to listed securities, have gained momentum. This rise comes as crypto firms push for more flexible regulatory treatment. However, Citadel argued that these “look-a-like” products still meet the definition of securities. Therefore, it said, they must comply with the same rules that govern the national market system. Citadel cautioned the SEC against exempting these products from core investor protections. These include best execution standards, trade transparency, and fair access provisions. Instead, the firm called for a transparent and deliberative rulemaking process. It added that this process should involve all market participants, including exchanges, issuers, institutional investors and retail investors. Creating Shadow Markets Risks Fragmenting Liquidity, Citadel Says The firm also rejected the idea of allowing these offerings to operate in a regulatory “sandbox.” It argued that many proposals come from large, well-funded entities. According to the firm, these players are attempting to bypass critical safeguards. Therefore, it stated: “The Commission should not allow token purveyors to profit simply by avoiding the Commission’s time-tested framework.” Further, Citadel said the risks go beyond individual investors. It warned that creating parallel markets for tokenized equities could destabilize the broader equities market. Specifically, it pointed to potential issues like liquidity fragmentation, counterparty risk and confusion over voting rights and tax treatment. The letter raised concerns about potential disruptions to the ETF market and IPO pipeline. Citadel also questioned whether tokenized equities might reduce transparency in shareholder bases or dampen shareholder engagement, particularly when voting rights are either absent or detached from ownership incentives. Firm Warns Against Cross-Border Crypto Loopholes The firm listed several key disclosures it believes should be mandatory before any regulatory relief is granted. These include who is issuing the token, what rights are attached and how prices are aligned with the underlying equities. Additionally, it urged the SEC to work with the CFTC and foreign regulators to prevent cross-border loopholes. As of June, Citadel Securities was considering entering the crypto trading space . President Jim Esposito has publicly stated that crypto has passed “the point of no return.” He added that it is now an asset class being taken seriously by institutional investors. The letter signals that while Citadel is open to engaging with crypto markets, it expects regulatory standards to be upheld. Any regulatory adjustments for blockchain-based assets, the firm insisted, must be applied across the market, not carved out for a subset of players seeking lighter oversight.

Author: CryptoNews

2025/07/23

Share

21Shares files with SEC for spot ONDO ETF

21Shares files with SEC for spot ONDO ETF

21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance.

2025/07/23

Share

Arthur Hayes' latest prediction: Trump's fascist economy will ignite the crypto bull market, and Bitcoin will reach $250,000 by the end of the year!

Arthur Hayes' latest prediction: Trump's fascist economy will ignite the crypto bull market, and Bitcoin will reach $250,000 by the end of the year!

Unveiling the secret waltz between Trump’s “fascist economy” and the crypto bull market — the deadly dance between Bitcoin and the “credit drum”, are you following the dance with your

2025/07/23

Share

Ping An Securities: Hong Kong may adopt dual-track regulation of stablecoins

Ping An Securities: Hong Kong may adopt dual-track regulation of stablecoins

PANews reported on July 23 that according to the Hong Kong Wen Wei Po, Ping An Securities released a stablecoin report pointing out that Hong Kong may form a dual-track

2025/07/23

Share

The crypto market partially pulled back, but the NFT sector rose for two consecutive days, and BTC rebounded to $119,000

The crypto market partially pulled back, but the NFT sector rose for two consecutive days, and BTC rebounded to $119,000

PANews reported on July 23 that according to SoSoValue data, most crypto markets experienced a slight correction after continuous increases, but the NFT sector rose against the trend, with a

2025/07/23

Share

Arthur Hayes: Bitcoin is expected to reach $250,000 and Ethereum will reach $10,000 by the end of this year

Arthur Hayes: Bitcoin is expected to reach $250,000 and Ethereum will reach $10,000 by the end of this year

PANews reported on July 23 that according to Cointelegraph, Arthur Hayes predicted that by the end of this year, the price of Bitcoin will reach $250,000 and the price of

2025/07/23

Share

21Shares Submits S-1 Documents Related to ONDO ETF to the US SEC

21Shares Submits S-1 Documents Related to ONDO ETF to the US SEC

PANews reported on July 23 that according to The Blcok, 21Shares has submitted an application to launch an ETF that tracks the native token ONDO of the RWA platform Ondo

2025/07/23

Share

How GameSquare is monetizing a $38m Ether treasury with NFTs

How GameSquare is monetizing a $38m Ether treasury with NFTs

While most firms treat NFTs as marketing gimmicks, GameSquare is flipping the script, deploying them as financial instruments.

Author: Crypto.news

2025/07/23

Share

DeFi Dev Corp. nears 1 million SOL with public market backing

DeFi Dev Corp. nears 1 million SOL with public market backing

With 999,999 SOL now locked in its treasury, DeFi Dev Corp. is quietly becoming one of Solana’s largest institutional holders. The company is staking, validating, and compounding its way into the network’s core infrastructure. On Monday, July 21, DeFi Dev…

Author: Crypto.news

2025/07/23

Share

Recommended by active authors

BitcoinEthereumNews

BitcoinEthereumNews

Coinstats

Blockchainreporter

Blockchainreporter

AI Journal

Related Tags

#Oracle #Brifge #Yield-Farming #Basis-Trading #Prediction-Market #Launchpad #Liquid-Staking #Lending #DePIN

Latest Articles

Trump will 'draw down 700' DHS officers in Minneapolis: Tom Homan

Trump will 'draw down 700' DHS officers in Minneapolis: Tom Homan

2026/02/04 22:37

U.S economist predicts the economy is only going to get worse in 2026

U.S economist predicts the economy is only going to get worse in 2026

2026/02/04 22:18

YMX Logistics Executives Named 2026 Food Logistics Rock Stars

YMX Logistics Executives Named 2026 Food Logistics Rock Stars

2026/02/04 22:15

Over 60% of crypto press releases linked to high-risk or scam projects: Report

Over 60% of crypto press releases linked to high-risk or scam projects: Report

2026/02/04 22:02

South Korean court hands crypto CEO Lee Jong-hwan 3-year sentence for price manipulation

South Korean court hands crypto CEO Lee Jong-hwan 3-year sentence for price manipulation

2026/02/04 21:55