Bitcoin Spot ETF Sees $87.7M Net Outflow This Week, Led by BlackRock BITE and ARK Bitcoin ETF (ARKB)

The post Citadel pushes SEC to classify open-source developers as unregistered stockbrokers appeared on BitcoinEthereumNews.com. On Dec. 2, Citadel Securities filed a 13-page letter with the SEC arguing that decentralized protocols facilitating tokenized US equity trading already meet statutory definitions of exchanges and broker-dealers, and regulators should treat them accordingly. Two days later, the SEC’s Investor Advisory Committee convened a panel on tokenized equities that made clear the question is no longer whether stocks can move on-chain, but whether they can do so without dismantling the permissionless architecture that built DeFi. The gap between those two positions now defines the most consequential regulatory fight in crypto since the Howey test debates. Citadel’s letter arrived at the moment when tokenized equities stopped being a thought experiment. The firm welcomes tokenization in principle but insists that realizing its benefits requires applying “the key bedrock principles and investor protections that underpin the fairness, efficiency, and resiliency of US equity markets.” In other words, the document suggests that companies seeking to trade tokenized Apple shares must comply with Nasdaq rules, including transparent fees, consolidated tape reporting, market surveillance, fair access, and registration as an exchange or broker-dealer. The filing warns that granting broad exemptive relief to DeFi platforms creates a shadow US equity market in which liquidity fragments, retail investors lose Exchange Act protections, and incumbents face regulatory arbitrage from unregistered competitors. Within hours, Uniswap founder Hayden Adams fired back on X, calling Citadel’s position an attempt to “treat software developers of decentralized protocols like centralized intermediaries.” He invoked ConstitutionDAO, the 2021 crowdfunding effort that pooled $47 million in Ethereum to bid on a first-edition Constitution at Sotheby’s, only to lose to Griffin’s $43.2 million bid. Additionally, Adams zeroed in on Citadel’s fair-access argument, calling it “actual nerve” from the dominant player in retail order flow. The exchange captured crypto’s core narrative of permissionless code versus gatekeeper control and…

The post RWA Tokenization and Crypto Activities Declared High-Risk, Unapproved appeared on BitcoinEthereumNews.com. Key Takeaways: Seven major Chinese financial associations issued a coordinated warning against RWA tokenization and all virtual-currency-related activity. Regulators stressed that no RWA tokenization projects are authorized in China, citing risks of fraud, speculation, and illegal fundraising. Institutions and individuals were told to avoid all forms of crypto involvement, while enforcement measures widen to include foreign firms serving mainland users. China has delivered one of its strongest signals yet that crypto-linked products, especially RWA tokenization remain firmly off-limits. A rare joint notice issued by seven national financial associations warns that emerging narratives around “stablecoins,” “air coins,” mining, and tokenized real-world assets are now being used as fronts for fraudulent fundraising, cross-border fund transfers, and market manipulation. Below is a structured, journalist-style breakdown of the alert, written uniquely, with expanded insights to help readers understand the regulatory landscape and its implications for global crypto markets. Read More: China to Shake Crypto Markets With First-Ever Yuan Stablecoin Plan Amid U.S. Dollar Dominance China’s Joint Warning: RWA Tokenization Not Approved and Considered High-Risk China’s latest advisory makes it clear that the rapid rise of RWA tokenization in global markets does not translate into tolerance at home. The notice states that financial regulators have not approved any RWA token issuance, trading, or financing activities inside the mainland. Officials emphasized that tokenizing traditional assets such as bonds, real estate claims, or corporate receivables introduces several layers of risk. These include: Fake or unverifiable underlying assets Operational and governance failures Speculative hype marketed as financial innovation Use of RWA tokens for illegal fundraising or unapproved securities issuance The message is unambiguous: any assumption that RWAs occupy a regulatory grey zone in China is incorrect. They are grouped alongside virtual currencies, mining schemes, and stablecoins as activities that can trigger criminal liability when conducted domestically. Why RWAs…

While Pi Coin (PI) and VeChain (VET) have long been part of the conversation, crypto analysts and early-stage investors are […] The post Layer Brett Picked As The Best Crypto To Buy Now By Experts Over Pi Coin & VeChain appeared first on Coindoo.