Robinhood Chain has posted more than $1 billion in first-week DEX volume while its TVL soared millions of percent on memecoin momentum; Circle obtained a national trust bank charter and crypto legislation inches forward with a possible Clarity Act draft next week.
Robinhood Chain now sits fifth in 24-hour DEX volume among all blockchains.
Lawmakers are working against the clock on the legislation that would provide regulatory clarity for crypto markets.
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SK Hynix begins trading on the Nasdaq via ADRs on Friday, raising $26.5 billion while testing whether better access for U.S. investors can reduce its long-standing Korea discount. The stock's 4.8 times forward earnings multiple remains far below the industry median of 29.84 times and Micron's 6.6 times despite its leading position in high-bandwidth memory chips.
Federal Reserve Chairman Kevin Warsh on Thursday disclosed experts for five task forces reviewing the central bank's operations, including Marc Andreessen, Doug McMillon, Mervyn King and Raghuram Rajan. The independent panels will examine communications, data, the balance sheet, productivity, jobs and inflation frameworks with findings due back to the Federal Open Market Committee.
SWIFT has introduced a blockchain ledger that will run a tokenized bank deposit pilot involving 17 major banks targeting faster cross-border payments. The initiative reportedly extends regulated tokenized deposits to continuous 24/7 availability without altering compliance standards and is described by the firm's CBO as a milestone for digital assets inside traditional finance.
