Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a Variation of Permissions enabling managed investments and principal dealing for the first time. Revolut plans to launch a UK private banking unit this summer with a £500,000 deposit threshold. The
The global financial landscape reached a historic crossroads this week with the confirmation of a new Fed Chair, while the crypto industry navigates a “marketing winter” and the rise of tokenized real-world assets. Here are the crypto news you may have missed this week. 🏛️ Macro & Regulation Kevin Warsh Confirmed as Fed Chair in
LAB allegedly used private OTC discounts, influencer deals, and coordinated exchange activity to support price growth, ZachXBT claimed in investigations. Crypto investigator ZachXBT has accused the team behind LAB of using opaque OTC deals, insider-controlled supply, coordinated market-making activity, and hidden unlock structures to drive the token’s recent rise to a nearly $6 billion
World Liberty Financial tokenholders have approved a resolution that signals approval for the token to become unlocked and tradable. Source link
Key Takeaways Binance Research framed tokenization as a bridge between traditional finance and blockchain systems. Tokenized penetration across fixed income, equities, real estate, private credit, and commodities remains around 0.01%. Regulatory progress could shape whether tokenized markets move beyond early institutional pilots. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May
Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. Summary Myanmar’s Anti-Online Scam Bill proposes life imprisonment for operating digital currency scam centers. The bill allows the death penalty for individuals using violence, torture or unlawful detention to force victims into scam work. Myanmar’s military-backed parliament is
Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur best known for his EV company Rivian has raised more than $12.3 billion from venture capital firms, as well as from strategic and institutional investors for his three — and counting — startups. If the
As things stand, controversial crypto billionaire Sun will be blasting off as part of Jeff Bezos’ Blue Origin program later this year. Source link
Key Takeaways USTC launched Jiuzhang 4.0, manipulating 3,050 photons to reach 92% source efficiency in quantum computing. Lu says Jiuzhang 4.0 processes data in 25 microseconds, disrupting the industry’s classic supercomputers. Bitcoin developers must address this rising quantum threat, weighing fixes like BIP-360 to secure data. China’s Jiuzhang 4.0 Photonic Quantum Computer Breaks Records China
Connex released 1.32 million CONX tokens worth $17.95 million on May 15 in a scheduled cliff unlock. Summary Connex unlocked 1.32 million CONX tokens valued at approximately $17.95 million on May 15, 2026. The unlock represents 1.49% of Connex’s released supply, with 822,500 tokens allocated to the ecosystem. The remaining 500,000 CONX tokens from the