Skyline launches bAP3X on the Base network, bringing Apex Fusion’s AP3X token cross-chain utility and interoperability to Coinbase’s EVM-compatible ecosystem.Skyline launches bAP3X on the Base network, bringing Apex Fusion’s AP3X token cross-chain utility and interoperability to Coinbase’s EVM-compatible ecosystem.

Apex Fusion expands to Base with bAP3X token deployment

2025/12/03 04:03

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Skyline launches bAP3X on the Base network, bringing Apex Fusion’s AP3X token cross-chain utility and seamless interoperability to Coinbase’s EVM-compatible ecosystem.

Cross-chain interoperability leader Skyline, part of the Apex Fusion ecosystem, has announced the deployment of bAP3X on the Base network. The launch introduces the bridged version of Apex Fusion’s native AP3X token to the Coinbase-incubated Base network for the first time.

Implemented by Skyline using LayerZero’s Omnichain Fungible Token (OFT) standard, bAP3X, known as “Based Apex,” brings the utility of the Apex Fusion ecosystem directly to Base. The deployment allows the AP3X token to be fully bridgeable, extending its functionality beyond Apex Fusion’s native tri-chain architecture into the deep liquidity and developer-friendly environment of Base.

The launch of bAP3X marks the convergence of Apex Fusion’s vision for interoperability with Base’s scalability, creating a foundation for a new era of cross-chain DeFi. The deployment leverages Skyline’s advanced Blade EVM technology to ensure production-ready interoperability. This infrastructure allows native Apex Fusion assets to move fluidly across the UTXO and EVM layers and extend directly to Base.

The deployment will enable bAP3X to gain immediate traction across major Base protocols and applications. Liquidity pools are now live on Aerodrome, with incentives activated through Merkl. Additionally, bAP3X is live on QuickSwap, further expanding cross-ecosystem liquidity.

bAP3X marks a critical milestone in Apex Fusion’s multichain strategy by unlocking seamless connectivity between the Apex Fusion, Cardano, and Coinbase ecosystems. The token is fully bridgeable via LayerZero OFT for cross-chain transfers, and has been designed under FINMA guidance for compliant token utility.

Skyline’s infrastructure ensures that any token launched on Apex Fusion can now be extended to Base, while Base-native projects can deploy into Apex Fusion’s environment.

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UK FCA Plans to Waive Some Rules for Crypto Companies: FT

UK FCA Plans to Waive Some Rules for Crypto Companies: FT

The post UK FCA Plans to Waive Some Rules for Crypto Companies: FT appeared on BitcoinEthereumNews.com. The U.K.’s Financial Conduct Authority (FCA) has plans to waive some of its rules for cryptocurrency companies, according to a Financial Times (FT) report on Wednesday. However, in another areas the FCA intends to tighten the rules where they pertain to industry-specific risks, such as cyber attacks. The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets, the FT reported, citing a consultation paper published Wednesday. “You have to recognize that some of these things are very different,” David Geale, the FCA’s executive director for payments and digital finance, said in an interview, according to the report, adding that a “lift and drop” of existing traditional finance rules would not be effective with crypto. One such area that may be handled differently is the stipulation that a firm “must conduct its business with integrity” and “pay due regard to the interest of its customers and treat them fairly.” Crypto companies would be given less strict requirements than banks or investment platforms on rules concerning senior managers, systems and controls, as cryptocurrency firms “do not typically pose the same level of systemic risk,” the FCA said. Firms would also not have to offer customers a cooling off period due to the voltatile nature of crypto prices, nor would technology be classed as an outsourcing arrangement requiring extra risk management. This is because blockchain technology is often permissionless, meaning anyone can participate without the input of an intermediary. Other areas of crypto regulation remain undecided. The FCA has plans to fully integrate cryptocurrency into its regulatory framework from 2026. Source: https://www.coindesk.com/policy/2025/09/17/uk-fca-plans-to-waive-some-rules-for-crypto-companies-ft
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