Bain Capital Partners with Abu Dhabi Investment Office to Advance Emirate's new FIDA Cluster - Bain Capital

Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028.

Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.

Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.

More companies are formally objecting to having tokenized versions of their shares available on the stock platform proposed by cryptocurrency exchange OKX and the New York Stock Exchange’s parent, the Intercontinental Exchange. In a notice updated Monday, the joint venture between OKX and the Intercontinental Exchange (ICE), called OKXICE, reported receiving 16 notices of issuer objection from companies including Microsoft, Google’s parent company Alphabet and Goldman Sachs. The objections did not include specific reasons for the notice to OKX, but one expert told Cointelegraph that they could relate to “not knowing what happens to their price” on the proposed platform. Speaking to Cointelegraph on Tuesday, OKXICE co-chair and former New York Governor Andrew Cuomo said that these notices were “not objections,” citing the Securities and Exchange Commission (SEC) “opening up to a global 24/7 marketplace.” He characterized objections as some companies standing on the side of a pool while letting others jump in and test the waters for OKXICE’s tokenized stock model.

Bitcoin (BTC) returned to $83,000 after Tuesday’s Wall Street open as US stocks gained on strong earnings reports. Key points:Bitcoin gained up to 1.5%, joining upside in US stocks on the back of some higher-than-expected Q3 earnings results. Oil prices hit $101 per barrel early on Tuesday before dropping nearly 5% in hours as equities gained. BTC price action sought to challenge the 21-day simple moving average (SMA) at $83,230. BTC price swings as US earnings, oil moves drive marketsData from TradingView showed BTC/USD gaining 1.5% to reach its highest levels since Oct. 14 before dropping back toward $82,000. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewCrypto joined US stock markets in rallying as Q3 earnings reports beat expectations. Both General Motors and industrial conglomerate 3M beat earnings expectations, while the latter also increased its profit forecast. The Dow Jones Industrial Average gained 1.2% on the back of the results to hit levels last seen on Sept. 14. Meanwhile, the S&P 500 and tech-heavy Nasdaq Composite Index traded up 0.6% and 0.5% at the time of writing. Dow Jones Industrial Average one-day chart.