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Bitcoin traders are closely monitoring the upcoming US inflation data this week to assess its potential impact on the market. (Decrypt)
[DBS Bank and Franklin Launch Singapore's First Tokenized Retail Fund] Franklin Templeton announced its collaboration with DBS Bank to launch Singapore's first tokenized money market fund, Franklin Onchain America Dollar Short-Term Money Market Fund, which has been approved by the Monetary Authority of Singapore. The fund is initially targeted at DBS Bank wealth clients and qualified investors, with plans to open to retail investors in the first quarter of 2026, with a minimum investment amount of $20.
[Canadian Court Rules Ontario Securities Commission's Request for Binance Documents Unconstitutional] The Ontario Court of Appeal in Canada has ruled in the case of 'Binance Holdings Limited v. Ontario Securities Commission' to overturn the Ontario Securities Commission's previous extensive request for documents from Binance, deeming the request 'overly broad and unconstitutional.' The court stated that the request violated Section 8 of the Canadian Charter of Rights and Freedoms, which protects against 'unreasonable search and seizure.' The court emphasized that while privacy expectations for capital market participants are relatively low, they are still protected under the Charter, and regulatory investigations must be limited to categories of documents that are reasonably relevant. Additionally, the court found that Binance's use of encrypted communication tools like Signal does not suffice to infer an intent to evade regulation.
[A16z Suggests U.S. Treasury Exclude Decentralized Stablecoins from GENIUS Act Regulations] A16z Crypto has sent a letter to U.S. Treasury Secretary Scott Bessent, recommending that the Treasury explicitly define stablecoins in its regulatory guidelines and exclude decentralized stablecoins from the regulatory scope of the GENIUS Act. A16z pointed out that decentralized stablecoins like Ethereum-collateralized LUSD, which are issued through autonomous smart contracts without centralized entity control, should not be considered as issued by an 'individual.' They suggest referencing the decentralization determination framework outlined in the 2025 Digital Asset Market Structure Clarity Act. Additionally, A16z called for the modernization of anti-money laundering (AML) and KYC rules while avoiding stifling innovation. Regulatory head Michele Korver stated that decentralized digital identities, combined with zero-knowledge proofs and multi-party computation technologies, can protect privacy and enhance national security.
[OKX to Delist BAL, PERP, and Other Spot Trading Pairs] OKX has announced the delisting of spot trading pairs related to BAL, PERP, FLM, DEP, NC, and LOOKS. The specific delisting schedule is as follows: - BAL/USDⓈ, PERP/USDⓈ, FLM/USDⓈ, DEP/USDⓈ, NC/USDⓈ, LOOKS/USDⓈ: November 19, 2025, 16:00-18:00 (UTC+8) - BAL/USDT, PERP/USDT, FLM/USDT, DEP/USDT, NC/USDT, LOOKS/USDT: November 22, 2025, 16:00-18:00 (UTC+8) Deposits for the related tokens were suspended on November 12, 2025, at 16:00 (UTC+8), and withdrawals will cease on February 12, 2026, at 16:00 (UTC+8). Users are advised to manage their assets and cancel orders in advance to avoid automatic order cancellations by the system.
[Visa Launches Stablecoin Payment Pilot, Supporting Instant Cross-Border Settlements with USDC] Visa has announced the launch of a stablecoin payment pilot program, allowing creators, freelancers, and businesses to receive payments in USDC issued by Circle via Visa Direct, enabling instant cross-border settlements. During the pilot phase, businesses in the U.S. can make payments in fiat currency, while recipients can choose to directly receive USDC, with funds arriving in almost minutes. Recipients must have a stablecoin wallet that meets Visa standards and pass KYC/AML verification. Currently, only USDC is supported, with plans to expand to more partners by the second half of 2026. Since 2020, Visa has facilitated over $140 billion in crypto and stablecoin transactions and launched more than 130 card programs linked to stablecoins.