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Crypto
UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year
The U.K.'s long awaited crypto rules are starting the legislative process just as the European Union's take effect.

Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says
The broker raised its price target on the stock to $51 from $30 while maintaining its outperform rating on the shares.

Crypto Exchange Gemini Starts Up in France With EU's MiCA Laws Weeks From Kicking In
Companies registered in EU nations by year-end will be able to continue operating while they secure licenses under MiCA regulations that take effect at the end of the year.

UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.

Copper to Offer Custody Services for Tokenized Money Market Funds Such as BlackRock's BUIDL
The crypto custodian's clients can use money market fund tokens as collateral in derivatives trades after the company received approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi.

Central Bank Group BIS Names Hernández de Cos as Next General Manager
ES Pablo Hernández de Cos has called for digital euro implementation and helped put in place global crypto banking rules.

French Regulator Says It's 'Examining' Polymarket
The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election

UK Lords Echo Support for Digital Assets Property Bill
The bill could aid in efforts to remain at the forefront globally, Lord Frederick Ponsonby of Shulbrede said.

Crypto Friendly SEC and Senate Banking Committee Expected Under Trump: Bernstein
Stablecoin and market structure bills may now both see faster progress, the report said.

Kemi Badenoch Is New Leader of U.K. Conservative Party
The leadership election was set-off by former Prime Minister Rishi Sunak's decision to resign as party leader.
