Crédit Agricole, through its CACEIS asset servicing division, launched the EURXT euro-backed stablecoin on the Ethereum (CRYPTO:ETH) blockchain with an initial supply of 20.02 million tokens backed by approximately €20.02 million in reserves.
Hyperscale Data acquired 49.249 Bitcoin (CRYPTO:BTC) for approximately US$2.9 million at an average purchase price of about US$58,900 per coin, increasing its corporate treasury holdings.
Four whale wallets accumulated 512,595 Chainlink (CRYPTO:LINK) tokens worth about US$3.78 million over the past four days, coinciding with a recovery that lifted the cryptocurrency close to US$7.40.
Hodli received authorisation from the Bank of Italy to operate as a Crypto-Asset Service Provider under the European Union's Markets in Crypto-Assets framework, becoming Italy's first licensed discretionary crypto portfolio manager.
Ethereum (CRYPTO:ETH) supporters have launched Ethereum Institutional, an independent nonprofit backed by Joe Lubin, BitMine Immersion Technologies and SharpLink to strengthen engagement with financial institutions.
Bank of Korea Governor Hyun Song Shin said tokenised government bonds could improve the issuance, management and settlement of government debt during a panel discussion at the European Central Bank Forum on Central Banking.
Tradeweb completed what it said was the first real-time purchase and sale of a tokenised US Treasury security settled against USDCx, with Franklin Templeton transferring the asset to Virtu Financial over the Canton Network.
Tether's USDT (CRYPTO:USDT) has been removed from regulated European cryptocurrency exchanges after the European Union's Markets in Crypto-Assets framework required licensed platforms to support only authorised stablecoins.
Bitcoin (CRYPTO:BTC) climbed above US$60,400 after US President Donald Trump said talks with Iran were progressing, easing geopolitical concerns and supporting gains across cryptocurrency markets.
Robinhood launched its Robinhood Chain public mainnet and said it plans to introduce cryptocurrency trading in the UK, expanding its digital asset services.
Tennessee has banned cryptocurrency ATMs and Georgia has introduced new operating restrictions, extending a broader US crackdown on crypto kiosks aimed at reducing fraud.
Citigroup lowered its 12-month price targets for Bitcoin (CRYPTO:BTC) to US$82,000 from US$112,000 and Ethereum (CRYPTO:ETH) to US$2,240 from US$3,175.
