🪙 Robinhood CEO Hails SEC Ruling on Tokenized Stock Trading
Robinhood CEO Vlad Tenev has declared "Tokenization is coming to America" following a landmark SEC ruling that greenlights 24/7 blockchain-based stock trading.
The decision marks a significant regulatory shift, opening the door for traditional equities to be traded around the clock on blockchain infrastructure — a model that crypto-native platforms have long advocated for. Robinhood, which has been expanding its crypto and Web3 offerings, is among the firms positioned to benefit from the new framework.
The SEC ruling represents one of the most consequential intersections of traditional finance and blockchain technology to date, potentially reshaping how retail and institutional investors access equity markets.
🧩 Kraken Parent to Launch Regulated Onchain Perpetuals in the US
Payward, the parent company of crypto exchange Kraken, announced on September 16 plans to deploy the first regulated onchain perpetual futures markets for U.S. clients, using the decentralized trading protocol Hyperliquid.
The initiative would mark a notable step toward bringing regulated derivatives infrastructure onchain in the U.S. market. The launch remains subject to regulatory approval.
Bitcoin developers are moving to address the threat posed by advancing quantum computing, which could undermine the asymmetric cryptography securing the network after 2030.
According to data shared by Bitcoin developer Christine Kim, quantum computers are progressing rapidly enough to potentially break current cryptographic protections within the decade. The development is pushing digital networks to accelerate security upgrades.
Developers have unveiled a quantum-resistant roadmap aimed at hardening Bitcoin's cryptographic infrastructure ahead of the projected threat window, as the broader crypto industry weighs the timeline for transitioning to post-quantum security standards.
Public merchant directories now track over 23,000 businesses globally accepting Bitcoin as payment, signaling a shift in crypto from speculative asset to functional currency.
Bitcoin leads merchant adoption, with Ethereum, Litecoin, Bitcoin Cash, Dogecoin, and stablecoins also maintaining a notable presence. The U.S. records particularly strong uptake, driven by consumer demand for crypto payment options.
The data reflects a broader trend of crypto payments moving from niche to mainstream commercial infrastructure across retail and services.
⚖️ UK targets crypto in $676M money laundering crackdown
The UK government is committing $676M and 500 new law enforcement officers to combat money laundering, with the Home Office explicitly naming crypto alongside fintech and AI as key drivers of the threat.
The National Crime Agency estimates money laundering costs the UK £100 billion a year. The investment will fund expanded enforcement capacity as regulators signal increased scrutiny of digital asset activity in the country.
📊 $570M in Crypto Longs Liquidated as Clarity Act Fails
Over $570 million in bullish crypto futures positions were wiped out in a 24-hour period, with Bitcoin and Ether longs absorbing the largest share of losses.
The liquidations coincided with the failure of the Clarity Act, a development that rattled market sentiment and triggered a broad flush of leveraged long positions across crypto derivatives markets.
🐸 Trader turns $2,200 into $1.6M on PONS token without selling
A crypto trader has accumulated an unrealized gain of roughly 736x on the PONS memecoin, turning an initial $2,200 position into a $1.6 million bag — without selling a single token.
The trade represents a 73,600% price appreciation on the position, with the trader still holding the full stack at current prices.