Circle has submitted a comment letter advocating that any token which functions like a dollar-payment instrument should be subject to the same regulatory obligations under the GENIUS Act — whether issued by a bank, tech company or foreign entity.
Author: liam
liam
Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems. Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
On Nov. 6, 2025, Keonne Rodriguez, cofounder of Samourai Wallet, received the maximum penalty of five years in prison from Judge Denise Cote in the Southern District of New York for operating an unlicensed money transmission business. The ruling marks a turning point in the federal crackdown on privacy services in cryptocurrencies and has implications for developers, users of mixing tools, and operators relying on anonymity to move liquidity.
Gate has launched a Web3 Launchpad that promotes fully “on-chain” token issuance and a no-code launch platform. The move aims to accelerate project creation while impacting liquidity and risk for traders and investors, combining a traditional IEO route with a new offering focused on community launches and meme tokens. The initiative integrates on-chain transparency with security controls, according to the firm’s statement.
In mid‑2025, decentralized perpetual contracts platforms (perp DEXs) accounted for approximately 26% of futures market volume, up from 1% in 2022 and from 4–6% in mid‑2024. This shift reconfigures liquidity, execution and risk for traders and managers and challenges the traditional dominance of centralized exchanges.
Hedge funds significantly increased their exposure to cryptocurrencies during 2025. This increase responds directly to the Trump-era regulatory push, according to recent coverage data. The new legal clarity has reduced uncertainty for large institutional managers.
Tokenization specialist Dinari has partnered with Chainlink Labs to bring the forthcoming S&P DJI “Digital Markets 50” index entirely on-chain. Using Chainlink’s decentralized oracle infrastructure for real-time, verifiable data, the project aims to deliver a tradable token that tracks a basket of 35 public blockchain-related companies and 15 leading cryptocurrencies.
Citi links the recent softness in crypto markets to two converging forces: slower ETF flows and a drop in risk appetite. This diagnosis ties price pressure to institutional flow rotations and market sentiment, elements that shape price formation and hedging. The impact spans managers, derivatives traders, and the liquidity of BTC and altcoins.
Dogecoin (DOGE) experienced a sharp 5% decline this Tuesday, November 4, 2025, breaking through crucial support zones to trade at $0.16. The session was marked by intense institutional selling pressure. Blockchain data confirmed significant distribution by large holders, known as “whales,” as traders struggled to defend key psychological levels. The Dogecoin price downtrend was consolidated following the move.
BlackRock’s reported $213 million in Bitcoin is viewed as material enough to influence liquidity and market flows, with potential repercussions for traders, ETF managers and derivatives markets.
Singapore Gulf Bank (SGB) announced on Nov. 4, 2025 an alliance with Fireblocks to deploy digital asset infrastructure. The integration aims to enable institutional custody, on-chain operations and fiat-crypto rails, addressing corporate clients and treasuries that demand security and compliance. The deal combines SGB’s regulatory license with Fireblocks’ enterprise technology, potentially accelerating the institutional offering in the region.