Today in crypto, the European Union (EU) is exploring Ethereum and Solana for its digital euro Central Bank Digital Currency (CBDC). The European Central Bank (ECB) is considering a public blockchain for the digital euro, which would represent a significant milestone, as public blockchains are open to all, unlike private ones. In a separate event, 13 wallets made over $1 million each trading the Kanye West-linked YZY token, which spiked 1,400% shortly after its launch before dropping 74%. Data shows over 56,000 wallets interacted with the token. Additionally, State Street has become the first custodian to adopt JPMorgan’s tokenized debt platform, allowing for trading and settling tokenized government and corporate bonds. This highlights the growing institutional adoption of blockchain technology in 2025, buoyed by favorable US regulations and the recent passing of the GENIUS Stablecoin Act, which supports a rapidly expanding sector.

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