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'Don't FUD XRP,' Warns Crypto Trader as Price Tops $3
GameFi Guides

‘Don’t FUD XRP,’ Warns Crypto Trader as Price Tops $3

by admin September 18, 2025


XRP, the third largest cryptocurrency by market cap, has received positive updates within the last 24 hours.

Yesterday, digital fund asset manager REX Osprey announced that XRP ETF XRPR, the first U.S.-listed ETF offering spot exposure to XRP, was set to go live, offering investors a way to access XRP through an ETF structure.

According to Grayscale CEO Peter Mintzberg, Grayscale Digital Large Cap Fund (GDLC) has been approved for trading along with the Generic Listing Standards. This move would bring the “first” multi crypto asset ETP to market with Bitcoin, Ethereum, XRP, Solana and Cardano.

In light of this, Grayscale Digital Large Cap Fund has filed a registration statement (including a prospectus) with the SEC for the offering.

In the most recent news, Ripple announced its partnership with DBS Bank and Franklin Templeton to establish repo markets powered by tokenized collateral and stablecoins.

Don’t FUD XRP

Following recent developments for XRP Ledger and Ripple, Crypto trader Oscar Ramos warned to not FUD XRP. FUD refers to fear, uncertainty and doubt.

Ramos wrote, “Do not FUD XRP or you will regret it” highlighting Ripple’s new groundbreaking partnership beneficial for the XRP Ledger.

DBS, Franklin Templeton and Ripple have announced a partnership to provide institutional investors with trading and lending solutions powered by tokenized money market funds on XRP Ledger and stablecoins, including Ripple USD (RLUSD).

Ramos predicts XRP going to $10 next, boosted by positive developments: “You don’t see it yet, but XRP is going to $10 Next.”

At press time, XRP was trading up 3.59% in the last 24 hours to $3.12, extending its recovery from a low of $2.95 on Sept. 15 into the third day. XRP has risen well above $3, which coincides with the daily SMA 50.



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DeFi TVL by chain (DefiLlama)
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DeFi TVL Rebounds to $170B, Erasing Terra-Era Bear Market Losses

by admin September 18, 2025



The total amount of capital locked on decentralized finance (DeFi) protocols hit $170 billion on Thursday, a landmark figure as now all of the the losses from the 2022 Terra/LUNA ecosystem collapse and subsequent bear market have been erased.

While Ethereum still commands the lion’s share of capital at 59%, newcomers including Coinbase-backed layer 2 network Base, HyperLiquid’s layer 1 blockchain and Sui have begun to chip away at Ethereum’s dominance, collectively amassing more than $10 billion worth of total value locked (TVL), representing around 6%.

DeFi TVL by chain (DefiLlama)

Investor trends have shifted in this recent cycle; institutional adoption of ether has led to outflows from traditional liquid staking products like Lido into institutional staking products like Figment, while there has also been growth in Solana and BNB Chain due to a seismic rise in memecoin activity.

Solana is now the second largest blockchain in terms of DeFi with $14.4 billion in TVL with BNB chain behind that with $8.2 billion.

A maturing sector

The previous bull market between January 2021 and April 2022 saw rapid growth across the DeFi ecosystem, with TVL jumping from $16 billion to $202 billion. This cycle has been more measured with a slow but steady gain from $42 billion in October 2022 to $170 billion in September 2025.

The rise suggests crypto investors might be learning from their mistakes of 2022 and have created a more mature ecosytem to lend, borrow and generate yield.

DeFi TVL since 2017 (DefiLlama)

The Terra implosion saw $100 billion worth of TVL wiped off almost overnight as investors, including bankrupt crypto hedge fund Three Arrows Capital, took a gung ho approach on an algorithmic stablecoin that ultimately failed — leading to contagion and bad debt spreading across the entire industry.

Terra was the crypto-form of a classic “dividend trap,” a product that offered yields that were too good to be true but ultimately turned out to be unsustainable.

Now, yields have receded with lending protocol Aave offering a 5.2% yield on stablecoins while restaking protocol Ether.fi is offering 11.1%, far less than the 20% Terra was offering on its stablecoin.

What next for DeFi?

With the DeFi sector now being back where it was before the Terra debacle, albeit with more sustainable yields, critics will ask how can the market continue to grow to topple 2021’s record high in terms of TVL.

The answer to that is nuanced. While it’s true that institutional adoption and inflows to assets like ether and solana will continue to drive a bullish narrative, the industry is still battling with rampant hacks, scams and rug pulls connected to memecoins.

Crypto investors lost $2.5 billion to hacks and scams in the first half of 2025 and in order for the industry to truly become a viable alternative to traditional finance, investors need to be protected.

Unlike traditional finance where deposits are often insured and protected, the very essence of cryptocurrencies means that you are on your own; if you lose your keys, get phished or hacked, there is no helpline to call.

The next iteration of DeFi, whether that is in this cycle or the next, will need to focus on security and hack prevention — because the industry is still one major implosion away from another crypto winter.



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Bitwise presenta alla SEC un nuovo fondo che unisce azioni e crypto legate a stablecoin e tokenizzazione
GameFi Guides

Bitwise presenta alla SEC un nuovo fondo che unisce azioni e crypto legate a stablecoin e tokenizzazione

by admin September 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitwise Asset Management ha depositato presso la Securities and Exchange Commission (SEC) la documentazione per un nuovo fondo che combina azioni e asset crypto legati a stablecoin e tokenizzazione.

Secondo i report, se approvata, la proposta segnerebbe uno dei primi prodotti statunitensi a tracciare direttamente entrambi i settori sotto un unico veicolo finanziario.

Due Comparti, Peso Uguale

Il report descrive un prodotto suddiviso in due parti uguali.

  • Una metà detenuta in azioni di società quotate coinvolte in stablecoin o tokenizzazione (emittenti, società di pagamenti o exchange).
  • L’altra metà con esposizione ad asset digitali tramite prodotti regolamentati scambiati in borsa, coprendo Bitcoin, Ethereum, oracoli e infrastrutture blockchain.

Sono previsti dei limiti nella struttura:

  • Nessuna singola posizione crypto potrà pesare oltre il 22,5% del comparto dedicato agli asset digitali.
  • Sul lato azionario, le aziende verranno classificate in base al grado di coinvolgimento in stablecoin o tokenizzazione, con un tetto massimo per ogni livello per evitare eccessiva concentrazione.

Cambiamento normativo apre la strada

Questa mossa segue l’approvazione del GENIUS Act a luglio 2025, una legge che ha introdotto maggiore chiarezza sulle regole per le stablecoin. Tale normativa viene accreditata come il catalizzatore che ha aperto la strada a fondi come quello di Bitwise, che potrebbe debuttare sul mercato già a novembre 2025, se riceverà l’approvazione.

Bitwise w a new filing for a Stablecoin & Tokenization ETF which will have sleeve of equities and crypto assets seen benefiting from those two trends. 40 Act so prob launch around Thanksgiving pic.twitter.com/TkTLE91H9H

— Eric Balchunas (@EricBalchunas) September 16, 2025

Gli analisti sottolineano che il tempismo non è casuale:

  • la circolazione delle stablecoin ha raggiunto quest’anno centinaia di miliardi di dollari,
  • mentre i real world assets (RWA) tokenizzati stanno salendo a decine di miliardi.

Bitwise sembra puntare sulla crescente domanda degli investitori per un punto d’ingresso regolamentato in entrambe le categorie.

Bilanciare rischio e domanda

L’ETF verrebbe registrato ai sensi dell’Investment Company Act del 1940, la stessa legge che regola la maggior parte dei fondi comuni.
Il riequilibrio avverrebbe quattro volte l’anno, permettendo al fondo di adattarsi ai movimenti di prezzo o all’ingresso di nuovi attori sul mercato.

La mossa di Bitwise non rappresenta solo un’altra richiesta di ETF, ma segnala un passo verso l’integrazione diretta di stablecoin e tokenizzazione a Wall Street, affiancando equity tradizionali ed esposizione crypto regolamentata.

Indipendentemente dall’approvazione dei regolatori, il filing dimostra con chiarezza la rapidità con cui gli asset digitali stanno diventando parte integrante dei prodotti finanziari mainstream.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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GameFi Guides

Pudgy Penguins’ PENGU Up Double Digits as Predictors Bullish On Upward Momentum

by admin September 18, 2025



In brief

  • PENGU has jumped by double digits over the past 24 hours, following its appearance in the earnings report of a publicly traded digital asset exchange.
  • Predictors on Myriad think it’s likely that the meme coin will climb an extra 34% to $0.05, rather than dipping to $0.02.
  • The Pudgy Penguins’ NFT collection has traded mostly flat over the past week and remains significantly down from its all-time high.

PENGU, the Solana meme coin for the Pudgy Penguins NFT collection, has jumped double digits over the past 24 hours to $0.037. Predictors on Myriad, a prediction market developed by Decrypt’s parent company Dastan, are now bullish that it’ll climb an extra 34% to $0.05.

Per CoinGecko data, PENGU is up 12% on the day to $0.0377, having risen by 10.2% over the past week. It is now down 45% from its all-time high of $0.06, set in December 2024. The move has widened expectations on Myriad that PENGU will hit $0.05 a piece rather than dropping to $0.02, with predictors placing a 67% chance on its upward move—up from 57% on Wednesday.



The pump follows PENGU’s featuring in the latest earnings report from Bullish, a publicly traded digital asset exchange. The report highlighted Pudgy Penguins’ Walmart toy sales, the recent launch of the Pudgy Party mobile game, and called it the “mascot of crypto.”

“The Pudgy Penguins profile picture has become a crypto phenomenon and [is] used by Solana, VanEck, Bitwise, Tom Lee, Mike Novogratz, Coinbase, and many other prominent crypto companies and personalities,” the report said.

It’s not all bullish news for Pudgy Penguins, though. Predictors think it’s nearly impossible that a PENGU ETF will be approved before October, placing just an 8.4% chance on the outcome. This is significantly down from 44.7% in late July, when optimism of an ETF being approved peaked. The downturn comes despite expectations that Dogecoin and XRP ETFs will start trading this week.

That said, predictors think it’s fairly even—at a 46.7% chance—that any New York Stock Exchange (NYSE) traded company will add a Pudgy Penguins NFT to its treasury this year.

Meanwhile, per CoinGecko, the Pudgy Penguins Ethereum NFT floor price has remained fairly flat over the past week and is up just 5.1% over the past two weeks, now sitting at 10.49 ETH or $47,900. The collection’s sales and trading volume have increased over the past 24 hours by 145.5% and 152% respectively, however. It is now down 71.2% from its all-time high of 36.33 ETH set in December 2024.

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BNB price hits $1,000 ATH on growing institutional demand, where will it go from here?
GameFi Guides

BNB price hits $1,000 ATH on growing institutional demand, where will it go from here?

by admin September 18, 2025



The Binance Coin (BNB) has finally broken the $1,000 barrier, hitting the four-digit mark for the first time in history.

Summary

  • BNB price hits $1,005, setting a new all-time high amid bullish momentum and favorable macroeconomic conditions.
  • Binance founder Changpeng Zhao (CZ) celebrated the milestone as a true “community effort.”
  • Institutional Interest in Binance Coin has skyrocketed with notable names like B Strategy, CEA Industries, and Nano Labs betting on long-term accumulation.
  • Technical outlook remains bullish, suggesting  a potential run to $1,300.

Binance Coin has soared above the $1,000 mark, hitting a new all-time high of $1,005, driven by a mix of institutional demand, macroeconomic shifts, and surging investor confidence. This milestone marks a major moment for the token, which has been on a relentless uptrend over the past few weeks.

The price rally comes in the wake of the Fed 25bps interest rate cut, which has injected new liquidity into risk markets, including cryptocurrencies. Coupled with renewed optimism in the crypto sector, BNB (BNB) has solidified its position among the top five cryptocurrencies by market cap.

Reacting to the surge, Binance founder Changpeng Zhao (CZ) shared a heartfelt message with the community on X, reflecting on BNB’s journey from its $0.10 to $1,000. He called the moment “something words cannot explain,” and went on to thank the community for their unwavering support. 

“This is just the beginning. To the next 10000x together!,” CZ added.

Institutional tailwinds fuel BNB price boost

Institutional demand for Binance Coin has played a major role in this latest price pump. In August, Nasdaq-listed investment firm B Strategy announced plans to raise $1 billion for the asset’s accumulation via a dedicated treasury company, backed by YZi Labs. The new vehicle will hold BNB in its treasury and strategically invest in the broader BNB ecosystem.

CZ also recently noted that more than 50 Digital Asset Treasury (DAT) firms have expressed similar interest in the asset, signaling growing confidence from major players looking to gain regulated exposure to the asset. Meanwhile, several firms like CEA Industries, Nano Labs, and Windtree Therapeutics have already revealed their long-term positions.

In parallel, Binance Smart Chain’s Total Value Locked (TVL) has increased to $7.93 billion, reflecting increased DeFi activity and liquidity on the network, a key indicator of rising user engagement and real-world use cases.

Adding to the optimism, reports allege that the U.S. Department of Justice is close to lifting its compliance oversight on Binance, a move that could further bolster investor confidence and reduce regulatory overhang.

Technical analysis shows bulls in command

BNB trades at $998.04 by press time, according to market data from crypto.news. The altcoin has witnessed a little correction following its massive uptick past $1,005. However, the momentum remains bullish, with 24-hour gains of 4.46% and roughly 11.2% over the past seven days.

The Relative Strength Index (RSI) sits at 77.02, indicating overbought conditions, which may lead to short-term consolidation. However, a bullish MACD crossover and widening gap between the MACD and signal lines suggest strong upside potential.

Fuelled by institutional interest, BNB could break above $1,100 with the next psychological target at $1,300. On the downside, support lies at $950, $880, and $900.



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Aster Perp Dex’s Token Surges Over 300% Within Hours Of Its Launch
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Aster Perp DEX’s Token Surges Over 300% within Hours of Launch

by admin September 18, 2025



Aster, a YZi Labs (formerly Binance Labs) backed decentralized perpetual exchange, unveiled its native token ASTER on Wednesday. It surged over 300% from its initial price within hours of its launch.

Aster, launched in July on Binance’s BNB Chain, enables traders to speculate on cryptocurrency prices with leverage. Beside YZi Labs, a top decentralized exchange (DEX) on BNB Chain, Pancakeswap also provided significant backing to Aster.   

Prior to the token launch, the platform was running the Aster Genesis program to support the growth and trading activity on its DEX. Based on this, it initiated the token airdrop and rewarded contributors with a total of 704 million ASTER tokens. 

The timing of the launch could not be better as Hyperliquid, the leading perpetual DEX, is making waves, with its native token HYPE hitting a new all-time high the same day. 

At the time of publishing, ASTER token was trading $0.3981 with a market cap of $659.25 million and a 24 hour trading volume of $330 million, as per CoinMarketCap data. 

CZ sparks a cold-war

Celebrating the token launch, Changpeng Zhao, Co-Founder of Binance, cherished the Aster team by sharing a post on his X handle. “Well done! Good start. Keep building!,” he said while sparking chatter around the fact that he is only supporting Aster, via YZi Labs investment, to give indirect competition to Hyperliquid. 

“He’s obviously pissed about hyperliquid and plays to win,” said an X user Tulip King noting that he also recently removed “ex-Binance” from his bio and made it “Binance” and now “he’s back in charge.” 

Notably, Hyperliquid has generated billions in trading volume and it is giving tough competition to leading centralized exchanges (CEX) like Binance and Coinbase. Its decentralized nature—not requiring KYC and open for all—as well as CEX-like trade execution is making it increasingly popular among crypto traders. 

Increasing competition to Hyperliquid

Being a top perpetual DEX, Hyperliquid is currently facing huge challenges from various emerging competitors. One of the close competitors was Lighter, which recently gained popularity after its points trading went viral. Now, Aster, with backing from the “Binance Cartel” is taking over the crypto community, rising toughly against Hyperliquid’s dominance in the decentralized perpetuals ecosystem. 

Also Read: Wormhole Unveils W 2.0 Tokenomics With Yield and Bi-Weekly Unlocks



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Binance's CZ Issues Crucial North Korea Hackers Security Warning
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Binance’s CZ Issues Crucial North Korea Hackers Security Warning

by admin September 18, 2025


  • CZ’s warning about NK hackers
  • Their methods

Changpeng Zhao, also known as CZ, has taken to his X account to publish a vital security warning for the crypto community.

CZ revealed in detail how these seasoned hackers work, warning the community to stay secure and avoid falling for their digital traps.

CZ’s warning about NK hackers

In his tweet, CZ reminded the crypto audience on X that North Korean hackers are difficult to deal with since they are “advanced, creative, and patient.” Zhao says that what he says in his tweet comes from both his personal experience and what he has heard about those cyber criminals, as he revealed the methods those hackers use to gain access to users’ personal data and crypto on exchanges and personal wallets.

Their methods

The first method they used is posing as job candidates seeking a position in a victim’s company. They thereby get their foot in the door. They usually prefer to apply for roles as developers or in positions related to the finance or cybersecurity spheres.

These North Korean hackers are advanced, creative and patient. I have seen/heard:

1. They pose as job candidates to try to get jobs in your company. This gives them a “foot in the door”. They especially like dev, security, finance positions.

2. They pose as employers and try to… https://t.co/axo5FF9YMV

— CZ 🔶 BNB (@cz_binance) September 18, 2025

The second method is that they pretend to be employers who are trying to interview victims or make an offer to employees. While conducting an “interview,” they pretend they have a problem with Zoom and offer to click on a link to download an “update.” This link usually contains a virus that helps them to gain control over the future victim’s device. Another option here is that they give a person a coding question and then send some “sample code” to them.

Another trick NK hackers love to use is posing as users having problems and sending malicious links in a letter to customer support. Those links also contain a virus.

Finally, CZ says, cyber cons can pay one’s employees or bribe them or outsource vendors to let hackers access certain crucial data. CZ mentioned that, just a short while ago, a major Indian outsourcing service suffered a hacker attack. As a result, the user data of a major U.S. exchange was leaked, and users lost more than $400 million worth of their personal crypto.

CZ concluded his tweet with a warning to all crypto exchanges and wallets: “Train your employees to not download files, and screen your candidates carefully.”





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DBS, Franklin Templeton and Ripple sign MOU to launch trading and lending solutions

by admin September 18, 2025



DBS, Franklin Templeton, and Ripple have signed a Memorandum of Understanding (MOU) to collaborate on offering trading and lending solutions that leverage tokenized money market funds on the XRP Ledger blockchain and Ripple’s stablecoin, Ripple USD (RLUSD).

The MoU will see Franklin Templeton tokenize its money market fund, Franklin on-chain U.S. dollar short-term money market fund, on XRP Ledger, a public and enterprise-grade blockchain.

At the same time, DBS Digital Exchange (DDEx) will list sgBENJI, the money market fund token, alongside RLUSD, enabling DBS clients to rebalance their portfolios between a stablecoin and a yield-generating money market fund. This will help investors earn yield even during volatile periods.

Nigel Khakoo, VP and Global Head of Trading and Markets at Ripple, called the collaboration a game changer.

“2025 has been marked by a series of industry-firsts when it comes to traditional financial institutions moving onchain – and the linkup between Ripple, DBS and Franklin Templeton to enable repo trades for a tokenised money market fund with a regulated, stable and liquid mode of exchange, such as RLUSD, is truly a game-changer,” Khakoo said in an email announcement shared with CoinDesk.

“Investors can also seamlessly rebalance their portfolios between a stablecoin and a yield-generating money market fund, all within a single, trusted ecosystem, unlocking real-world capital efficiency, utility and liquidity that institutions demand,” Khakoo added.

Lim Wee Kian, CEO of DBS Digital Exchange, said that the collaboration is evidence of how tokenised securities can play that role while injecting greater efficiency and liquidity in global financial markets.

Additionally, DBS is considering allowing holders of sgBENJI tokens to pledge their tokens as collateral to borrow funds from the bank of third-party platforms.

The move will open new liquidity options for investors holding sgBENJI tokens, enabling them to leverage their digital assets to obtain credit while still retaining exposure to the underlying yield-generating money market fund.



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GameFi Guides

House GOP Pushes Crypto Market Structure-CBDC Ban Merger

by admin September 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

House Republicans are pushing to ban the Federal Reserve from creating a central bank digital currency (CBDC) by combining the anti-CBDC bill with the bipartisan crypto market structure bill.

GOP Lawmakers Push For CBDC-CLARITY Merger

GOP members in the US House of Representatives voted to retroactively combine H.R. 1919, also known as the Anti-CBDC Surveillance State Act, with H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act of 2025.

According to a Politico report, the House was set to vote on Tuesday afternoon on a procedural vote that included a provision to combine the Anti-CBDC legislation with the CLARITY Act, both of which passed the US Congress’s lower chamber back in July.

The engrossment would include the CBDC text in the final version of the market structure bill sent to the Senate. “Provides that in the engrossment of H.R. 3633, the Clerk shall add the text of H.R. 1919, as passed by the House, as new matter at the end of H.R. 3633; conform the title of H.R. 3633 to reflect the addition of H.R. 1919, as passed by the House, to the engrossment,” the provision reads.

Notably, the anti-CBDC measure, sponsored by Majority Whip Tom Emmer, narrowly passed the House vote two months ago during the historic “Crypto Week,” which saw the passage of crucial crypto legislation, including the GENIUS Act.

At the time, GOP leaders pushed to combine the two bills after passing the vote to reconsider the bills, which initially failed to pass their procedural vote. However, Republican representatives on the Financial Services Committee opposed the measure, arguing that it could endanger the CLARITY Act’s bipartisan support.

House Agriculture Committee Republican representatives also considered that combining the two bills would have killed the CLARITY Act, arguing that it risked losing Democrats’ votes over the anti-CBDC language.

Ultimately, Republican leaders vowed to include the CBDC ban in Congress’s annual must-pass defense policy legislation and added the anti-CBDC language in the National Defense Authorization Act (NDAA). Politico noted that “few Democrats support the provision, meaning it is likely to get stripped out of the bill by the Senate.”

Senate To Advance Its Crypto Market Structure Bill

In a statement, a spokesperson for House Financial Services Chair French Hill said that “passing both the CLARITY Act and Anti-CBDC bill were key priorities for members of the House.” They added that “by combining both measures and sending them to the Senate, the House continues to advance both priorities.”

According to crypto journalist Eleanor Terret, the broad response among Capitol Hill sources was that the measure “really doesn’t change anything, as the Senate is working on its own bill which includes anti-CBDC language anyway.”

Notably, multiple US lawmakers, including Senator Cynthia Lummis, expect the bill to pass before the end of the month and reach President Donald Trump’s desk by year’s end. Some senators have raised concerns about the status of the upper chamber’s version of the bill, which has not been introduced yet, while House leaders have asked the Senate to pass the CLARITY Act.

“Republican and Democratic senators continue talks on the market structure legislation, which a group of leaders from several major crypto firms is set to meet tomorrow morning with Senate Banking Committee leadership in a roundtable, according to two industry invitees,” Terret reported on Tuesday night.

She noted that the meeting follows “more than a week of industry review of the committee’s latest approach to distinguishing securities from commodities, DeFi treatment, and other key issues.”

Bitcoin (BTC) trades at $115,718 in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Australia’s Regulator Eases Rules on Stablecoin Intermediaries

by admin September 18, 2025



In brief

  • ASIC has granted class relief for intermediaries distributing stablecoins issued under an AFS licence.
  • An expert told Decrypt this “helps bridge regulatory friction while Treasury finalises its proposed stablecoin regime.”
  • ASIC noted the relief could be extended to additional issuers as more look to secure AFS licences.

The Australian Securities and Investments Commission has granted regulatory relief to stablecoin intermediaries, exempting them from holding separate financial services licences when distributing crypto issued by licensed Australian providers, with an expert calling the regulator “pragmatic.”

The first-of-its-kind class relief announced Thursday allows intermediaries to distribute stablecoins from Australian Financial Services licensed issuers without requiring separate AFS, market, or clearing facility licences.

“ASIC has today announced an important step in facilitating growth and innovation in the digital assets and payments sectors,” the regulator said in its statement.



The relief takes effect once registered in federal legislation and represents Australia’s first major step toward resolving regulatory uncertainty that has plagued the stablecoin market.

Steve Vallas, CEO of Blockchain APAC, told Decrypt that the approach “fits within financial services law as a temporary transitional measure ahead of broader stablecoin reforms.”

“The relief doesn’t change whether some stablecoins are financial products,” he added, but rather “suspends secondary licensing layers for distributors where the issuer already holds an AFS licence.”

ASIC’s December consultation on digital assets guidance had signaled that some stablecoin issuers require licensing under current definitions, creating compliance complexity for intermediaries. 

Thursday’s relief addresses this by allowing distribution through licensed pathways while maintaining issuer responsibilities.

“The market is moving and ASIC is being pragmatic,” Vallas explained. “This decision helps bridge regulatory friction while Treasury finalises its proposed stablecoin regime.”

The exemption requires intermediaries to make licensed issuers’ product disclosure statements available to clients, ensuring transparency remains intact. 

‘Demand-led’

Vallas noted the relief “doesn’t shift liability” as “issuers remain responsible for disclosure and prudential obligations.”

“The market is moving and ASIC is being pragmatic,” Vallas explained. “This decision helps bridge regulatory friction while the Treasury finalises its proposed stablecoin regime.”

When asked about market demand and competitive implications, Vallas said, “The key question is whether the market wants or needs an Australian dollar stablecoin.”

“Success will be ‘demand-led,’” he added, and the “interest from global players in meeting Australian regulatory requirements directly or through partnerships will provide clues.”

ASIC also indicated it will consider extending relief to additional licensed stablecoin issuers as they emerge, suggesting the framework could expand significantly as Australia’s digital asset sector matures.

This comes as ASIC finalizes updates to its digital assets guidance (INFO 225), expected to be published in the coming weeks, alongside key themes and public submissions received in response to its December consultation.

ASIC is also working closely with the Treasury, according to the statement, as it implements the government’s digital assets reforms, including a framework for payment stablecoins consulted on in 2023.

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Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

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    October 10, 2025

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