You. Stocks went up. You didn't think there was a prediction market that actually sent it higher because you have a whole host of businesses.Well, you mentioned yourself, though, just now, prediction markets are a new source of information about real events. Government shutdown being being top of mind today. So I think it just illustrates the power of this technology, not just as an investment asset, but as a source of news and information and almost like new media.You're obviously excited about the predict ...

Core Insights - The traditional payment system, exemplified by wire transfers, is being challenged by blockchain solutions like stablecoins, prompting payment processors to modernize their transaction handling [1][5] - Swift, a global payments leader, is proactively developing a blockchain to facilitate instant transactions worldwide, moving away from the current one to five business days processing time [2][4] - Swift is collaborating with over 30 financial institutions, including major banks like Bank of America and Citigroup, to create a digital ledger using a prototype from blockchain company Consensys [3] Industry Developments - Swift processes transactions for over 11,500 institutions across more than 200 countries, highlighting its significant influence in the global economy [4] - The rise of stablecoins is prompting traditional financial institutions to reconsider their transaction timelines, with McKinsey labeling stablecoins as a direct challenge to conventional payment systems [5] - Citi projects that by 2030, annual trading of stablecoins could reach $100 trillion, indicating a substantial shift in the financial landscape [5] Institutional Movements - A consortium of U.S. banks, including JPMorgan Chase and Wells Fargo, is exploring the launch of a stablecoin, while EU banks like ING and UniCredit are working on a euro-backed stablecoin [7] - JPMorgan Chase has developed blockchain-adjacent solutions, including a private digital ledger and a deposit token that functions similarly to a stablecoin but is exclusive to its clients [7]

Core Insights - The SEC's recent no-action decision for the decentralized crypto project DoubleZero indicates a shift towards more engagement with digital asset projects, providing a positive signal for the industry [1][3] - This decision sets a precedent that certain tokens can operate outside of securities law, encouraging growth and integration of digital assets into mainstream finance [2][3] - The SEC's new approach is seen as a break from previous regulatory practices that were characterized by delays and enforcement actions [3] Regulatory Perspective - Commissioner Hester Peirce stated that tokens used for rewarding participants providing services like storage or bandwidth do not meet the definition of securities [4] - The SEC's focus on DePIN projects highlights that tokens distributed as compensation for real-world services are not considered investment contracts [4][5] - Peirce emphasized that these tokens are functional incentives aimed at encouraging infrastructure development rather than traditional securities [5] Market Impact - The clarity provided by the SEC is expected to accelerate growth in the DePIN sector, which could expand from $30-50 billion today to $3.5 trillion by 2028 [6]

TABLE OF CONTENTS As filed with the United States Securities and Exchange Commission on September 30, 2025. Registration No. 333-289815 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Pre-Effective Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 DEVVSTREAM CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Alberta, Canada 001-40977 86-2433757 (Commission File Number) (I.R.S. E ...

TABLE OF CONTENTS As filed with the United States Securities and Exchange Commission on September 30, 2025. Registration No. 333-289815 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Pre-Effective Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 DEVVSTREAM CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Alberta, Canada 001-40977 86-2433757 (Commission File Number) (I.R.S. E ...

Core Viewpoint - Vanguard Group Inc. is considering allowing trading of cryptocurrency-focused exchange-traded funds (ETFs) on its platform, indicating a significant shift from its previous restrictive stance towards cryptocurrencies [1][3]. Company Summary - If Vanguard proceeds with this change, it would provide over 50 million investors access to digital assets, managing approximately $11 trillion in assets [2]. - Currently, Vanguard does not manage any crypto ETFs, and its clients cannot trade Bitcoin and Ether ETFs from other firms on its platform [2]. - Vanguard has historically opposed cryptocurrencies, labeling Bitcoin as unsuitable for long-term investors and describing the asset class as "immature" [3]. - The new CEO, Salim Ramji, has shown interest in blockchain technology and Bitcoin, contrasting with the previous leadership's views [3]. Industry Summary - The launch of spot Bitcoin ETFs in January 2024 led to record fund inflows, with Bitcoin ETFs managing over $142 billion, including $84 billion in BlackRock's IBIT [4]. - The appetite for digital assets remains strong, with significant investments from hedge funds, pensions, and banks, as well as a push from the White House under President Trump [5]. - Bloomberg Intelligence noted that the success of Bitcoin ETFs has increased pressure on Vanguard to reconsider its stance on cryptocurrencies [6].

Core Viewpoint - BIGG Digital Assets Inc. announced that its subsidiary Netcoins has received a two-year extension for exemptive relief from the British Columbia Securities Commission, allowing it to continue operating a crypto trading platform in Canada [1][2]. Company Developments - Netcoins is experiencing consistent trading activity and has a balance sheet that meets regulatory capital requirements, positioning it to apply for registration as an investment dealer and CIRO dealer member by June 1, 2026 [2][5]. - The extension of the exemptive relief reinforces Netcoins' commitment to compliance and transparency, aiming to become one of Canada's leading regulated crypto trading platforms [3][5]. - Netcoins is required to meet specific milestones, including achieving a positive risk-adjusted capital calculation by January 31, 2026, and submitting a complete CIRO membership application by June 1, 2026 [3][4]. Regulatory Compliance - The exemptive relief allows Netcoins to operate under Canadian securities laws, with conditions that must be adhered to, including the delivery of an undertaking to the BCSC and OSC [3][4]. - Failure to meet the specified milestones could result in operational restrictions, including a potential wind-down of operations in Ontario [3][5]. Future Outlook - BIGG Digital Assets is confident in Netcoins' management to meet the required milestones and will provide updates to stakeholders [5].

Core Points - The US Securities and Exchange Commission (SEC) suspended trading in QMMM Holdings Ltd. after its shares surged nearly 1,000% in less than three weeks, indicating potential stock manipulation via social media [1][2] - QMMM's stock increased by 959% following the announcement of a "diversified cryptocurrency treasury" aimed at reaching an initial value of $100 million, focusing on Bitcoin, Ethereum, and Solana [1][2] - The SEC noted that recommendations from "unknown persons" on social media may have influenced the stock price, although the timing of these posts was not specified [2] Company Developments - QMMM announced its strategic entry into the cryptocurrency sector on September 9, highlighting the use of artificial intelligence and blockchain technology [2] - The firm is establishing a "diversified cryptocurrency asset pool" to invest in digital assets like Bitcoin and Ethereum, but its stock price has since declined following the announcement [4] Industry Context - Crypto treasury firms, which accumulate various tokens, have gained popularity this year, although some have experienced significant share declines [3] - The SEC also suspended trading for Smart Digital Group Ltd. for similar reasons, with the suspension set to end at the same time as QMMM's [3]

Core Insights - The SEC has temporarily suspended trading in QMMM Holdings Ltd. due to a nearly 1,000% surge in share price, citing potential market manipulation [1][3] - The surge followed QMMM's announcement of a $100 million crypto treasury, which includes Bitcoin, Ethereum, and Solana [1][2] Company Overview - QMMM Holdings Ltd. is based in Hong Kong and operates U.S. shares through a Cayman Islands holding company [4] - The company announced a strategic entry into the cryptocurrency sector, aiming to create a diversified digital asset treasury powered by AI and blockchain technology [2] Market Reaction - Following the announcement of the crypto treasury, QMMM's stock price increased by 959% within weeks, reflecting strong investor enthusiasm [2] - The SEC's intervention highlights concerns over social media recommendations that may have artificially inflated the stock price [3][6] Regulatory Environment - The case illustrates increasing regulatory scrutiny of crypto treasury companies, which have gained popularity this year amid volatility and investor protection concerns [5] - The SEC has historically targeted speculative digital asset plays and social media touting schemes, indicating ongoing regulatory challenges in the crypto space [6] Trading Status - As of the last trading day on September 26, QMMM's stock was priced at $119.40, with trading suspended until October 10 [7]

AUSD usage on @ethereum is up ~11x year to date.Monthly transfer volume in September was $123.9 million & transfer count 730.Ethereum 🤝 @withAUSD https://t.co/k19uq8vVmI ...