The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.

The CFTC is soliciting public opinion on exemption proposals aimed at reducing the registration burden of some CPOs and CTAs. （Cointelegraph）

According to Cointelegraph, Interstice Digital has partnered with FalconX to launch a non-custodial cross-chain swap engine, connecting the Canton network with Ethereum, Solana, and Robinhood Chain, enabling direct asset swaps across the four networks. FalconX provides liquidity for the engine, bridging Canton’s institutional tokenized asset market with public chain trading activities. Canton supports privacy and permission controls, with an ecosystem that includes financial institutions such as JPMorgan, Goldman Sachs, and BNP Paribas. Interstice is a wholly-owned subsidiary of Everyrealm, backed by investors including a16z Crypto and Coinbase Ventures.

Kraken Co CEO Arjun Sethi confirms that the company is exploring expansion of its European banking business and asset management partnerships. （Cointelegraph）

The United Arab Emirates has announced the suspension of all commercial activities and financial transactions with Iran. （Watcher.Guru）