DeFi, TradFi convergence could arrive sooner than expected: JPMorgan

    The divide between decentralized finance (DeFi) and traditional finance (TradFi) could disappear within the next few years, according to Nelli Zaltsman, head of blockchain payments innovation at JPMorgan’s Kinexys. Speaking alongside Chainlink Labs co-founder Sergey Nazarov at the RWA Summit Cannes 2025, Zaltsman said JPMorgan is pushing to merge institutional-grade payments infrastructure with emerging onchain assets,…

    Turkish authorities block PancakeSwap in crackdown on crypto websites

    Turkey’s Capital Markets Board, the country’s financial regulator, announced it had blocked access to websites “providing unauthorized crypto asset services.” In a Thursday notice, the Capital Markets Board said it had taken legal action against 46 websites, including decentralized exchange PancakeSwap and Cryptoradar, in a crackdown on crypto services offered to residents of Turkey. The regulator cited…

    Crypto Biz: Peter Thiel eyes the SVB throne

    Peter Thiel and other tech billionaires have reportedly spotted a major market opportunity in the void left by Silicon Valley Bank’s (SVB) 2023 collapse. They are now planning to launch a new financial institution — named after a Lord of the Rings reference — to serve crypto companies and startups that have struggled to secure…

    Ondo Finance acquires SEC-registered broker-dealer, eyes tokenized securities

    DeFi protocol Ondo Finance has completed the acquisition of Oasis Pro, an infrastructure provider for real-world assets (RWAs), in a move the company said would strengthen its tokenized security offerings in the United States. Oasis Pro is a broker-dealer, Alternative Trading System (ATS) and Transfer Agent (TA) registered with the US Securities and Exchange Commission…

    Quantum computers could bring lost Bitcoin back to life: Here’s how

    What is quantum technology? Quantum technology can process an enormous amount of data and solve complex problems in seconds rather than decades. Remarkably, quantum technology first appeared in the early 1900s. It originated from quantum mechanics, a branch of physics that examines how matter and energy behave at extremely small scales, such as atoms and…

    US Senator Cynthia Lummis drafts standalone crypto tax bill

    US Senator Cynthia Lummis submitted a draft bill on Thursday, outlining several provisions to overhaul the tax code and exempt certain digital asset transactions from taxation after crypto amendments failed to appear in the budget package. The bill proposes a de minimis exemption for digital asset transactions and capital gains of $300 or less, with a $5,000…