Cypherpunk Launches Zcash Treasury With $50M Backing

Published at 2025-11-13 13:41:05

Tyler Winklevoss, co-founder of Gemini, announced the launch of Cypherpunk, a vehicle funded with more than $50 million from Winklevoss Capital to accumulate Zcash (ZEC) as a privacy- and self‑sovereignty‑focused treasury asset. The firm said it currently holds 203,775 ZEC and intends to continue building exposure to the privacy coin as part of its balance-sheet strategy.

The announcement matters because it signals institutional appetite for privacy-centric assets and could support additional demand for ZEC, even as privacy coins face heightened regulatory scrutiny in multiple jurisdictions. Market observers say the move fits a broader trend of corporates diversifying beyond BTC and ETH, but regulators and exchanges will likely watch closely for policy and compliance implications that could influence price and adoption.

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Coinbase said it is collaborating with leading U.S. banks on stablecoin projects and pilot crypto services, with CEO Brian Armstrong noting banks are "leaning into this as an opportunity." The move reflects a growing, if cautious, Wall Street interest in crypto infrastructure.

CoinbaseRegulationStablecoinCrypto InfrastructureWall StreetBanks

Published at 2025-12-03 19:45:15

Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

RegulationPolymarketCFTCCryptoPrediction markets

Published at 2025-12-03 17:15:09

Japan's 20% Crypto Tax Could Ignite Retail Investor Rally

Japan is moving to implement a flat 20% tax on crypto gains, a shift observers say will awaken a 'sleeping giant' of retail investors by lowering rates and simplifying reporting.

JapanRetail InvestorsCrypto TaxRegulationMarket Outlook

Published at 2025-12-03 13:45:13

Gensler Singles Out Bitcoin, Labels Most Crypto ‘Highly Speculative’

In a Bloomberg interview, SEC Chair Gary Gensler said Bitcoin is distinct from most other tokens and called the rest “highly speculative.” His remarks reinforce regulatory caution that could shape listings, custody and institutional interest.

BitcoinSECRegulationGary GenslerCrypto Markets

Published at 2025-12-03 11:45:15

BNP Paribas Joins EU Bank Consortium to Launch Euro Stablecoin

BNP Paribas is among ten European banks that formed Qivalis in the Netherlands to issue a euro-backed stablecoin, aiming to deliver a regulated digital euro payment solution.