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South Korea’s Fair Trade Commission (KFTC) conducted an unannounced inspection at Arm’s Seoul office amid a Qualcomm complaint alleging anticompetitive licensing changes. This probe examines Arm’s shift from open access to restricted designs, impacting chipmakers and device manufacturers reliant on Arm’s technology for processors in smartphones and AI hardware. KFTC inspection targets Arm’s licensing practices […]
Brookfield Asset Management is launching a $10 billion fund for AI infrastructure, backed by Nvidia and the Kuwait Investment Authority, aiming to develop up to $100 billion in data centers, power systems, and chip factories to meet surging AI demands. Fund targets $10 billion raise with $5 billion already committed from Nvidia, Kuwait Investment Authority, […]
US Bitcoin ETF outflows in November 2025 have reached $2.96 billion, driven by BlackRock’s record $523 million single-day redemption and broader market pressures like a death cross and declining Fed rate cut expectations, marking the potential worst month for these funds. BlackRock’s iShares Bitcoin Trust leads with $2.1 billion in outflows this month. November totals […]
xAI, Elon Musk’s AI startup, is in advanced talks to raise $15 billion in equity at a $230 billion valuation, up from $113 billion in March. This funding supports expanded data centers and advanced model training to compete with OpenAI and Anthropic. The Wall Street Journal reports xAI’s valuation could reach $230 billion through a […]
The Basel Committee on Banking Supervision is reviewing its stringent 1,250% capital charges for Basel crypto rules amid diverging implementations in the US, UK, and EU, driven by the rapid growth of stablecoins like USDT and USDC, which demand a more balanced regulatory approach to support innovation without compromising stability. Basel crypto rules impose a […]
Robinhood’s three-phase plan for tokenized stocks aims to make them permissionless for DeFi users, starting with EU offerings on Arbitrum and ending with full interoperability across dApps. This integrates traditional finance with blockchain, enabling withdrawals to external wallets and use in protocols like lending apps. Phase One launches tokenized stocks in Europe: Users in the […]
Ondo Global Markets has secured regulatory approval from the Liechtenstein Financial Market Authority to offer tokenized stocks and ETFs across 30 European countries, enabling over 500 million investors onchain access to U.S. markets under a unified EEA framework. Ondo’s Liechtenstein approval unlocks tokenized stocks and ETFs for EEA investors. Access to regulated U.S. market exposure […]
The US Senate plans to mark up the crypto market structure bill next month, aiming for passage early next year to establish clear regulations for digital assets, distinguishing between securities and commodities while addressing DeFi concerns. Senate Banking Committee Chair Tim Scott announced the markup timeline during a Fox Business interview on November 18. The […]
U.S. President Donald Trump has called for a nationwide standard to regulate AI innovation, warning that overregulation from states could hinder growth and allow China to surpass the U.S. in the AI race. This push aims to protect economic investments driving America’s hottest sector. Trump urges lawmakers to limit state-level AI regulations to prevent fragmented […]