SEC’s Hester Peirce Calls for Zero-Knowledge Proofs in KYC

Can zero-knowledge proofs replace KYC data collection? SEC’s Hester Peirce says yes; here’s her case for privacy-first compliance. SEC Commissioner Hester Peirce has pushed for zero-knowledge proofs as a way to bring KYC and anti-money laundering practices into the modern era. Her point is that regulators can confirm compliance without...

BlackRock and Ondo Launch Tokenized ETF Portfolios

BlackRock and Ondo Finance launch tokenized ETF portfolios for non-U.S. investors, bringing onchain model portfolios to global crypto markets. BlackRock and Ondo Finance have launched a new product called Ondo Intelligent Portfolios today. It is the first time BlackRock’s customized ETF portfolio strategies have been brought onchain. According to WSJ,...

Russia Shifts Stablecoin Freeze Risk Onto Investors

Russia shifts foreign stablecoin freeze risks to investors as new crypto rules expand reporting, testing, and oversight across the digital asset market. Russia estimates 20 million crypto users hold RUB 3.7 trillion, while new rules expand oversight of digital asset activity. Under the new Russian cryptocurrency legislation, the country will...

Infosys Partners With Chainlink to Advance Institutional Onchain Finance

Infosys partners with Chainlink to advance institutional onchain finance, tokenization, digital assets, compliance, data, and blockchain adoption globally. Infosys has partnered with Chainlink to help financial institutions adopt blockchain and onchain finance solutions. Infosys supports banks and payments infrastructure with over 1.7 billion customer accounts worldwide. Now, the company will...

Binance Buys $100M Circle Stake in New Five-Year USDC Deal

Binance purchased 1.24 million Circle shares for $100 million through a private placement. Circle will pay Binance incentives tied to qualifying USDC balances held through its wallet infrastructure. The new five-year deal expands USDC promotion and replaces agreements signed in 2024 and 2025. Binance has invested $100 million in Circle...