Circle has announced the creation of the Circle Foundation, aimed at promoting global financial inclusion. This initiative marks a significant step in expanding access to financial services worldwide. Meanwhile, Binance CEO CZ revealed that Trust Wallet has introduced a self-custody prediction market, enhancing user control over digital assets.
In regulatory news, SEC Chair Gary Gensler criticized the U.S.'s historical resistance to cryptocurrency and confirmed that innovation exemptions for crypto firms will be implemented in January 2026. This move is expected to foster a more favorable environment for crypto innovation in the U.S.
Additionally, Nasdaq has delisted Alt5 Sigma due to non-compliance, and American Bitcoin's stock plummeted over 35% following the end of a lock-up period. In Asia, South Korea's ruling party proposed a stablecoin bill mandating that commercial banks hold at least 51% of shares, reflecting growing regulatory interest in digital currencies.
Circle Launches Foundation for Financial Inclusion; SEC to Implement Crypto Innovation Exemptions
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