HashKey Daily News Highlights（2025/11/20）
2025-11-20
1. Ondo Finance has received EU approval to offer on-chain US stocks and ETFs to retail investors in 30 countries
PANews reported on November 19th that, "Ondo Finance announced its subsidiary, Ondo Global Markets, has received approval from the Liechtenstein Financial Markets Authority (FMA) to offer tokenized US stocks and ETFs in the European Economic Area (EEA). This regulatory approval means Ondo can compliantly offer on-chain stocks and ETFs to over 500 million retail investors in 30 markets, including all EU countries, Iceland, Liechtenstein, and Norway."
2. U.S. Office of the Comptroller of the Currency: Banks can hold and use crypto assets to pay for blockchain networks
PANews reported on November 19th that, "The U.S. Office of the Comptroller of the Currency (OCC) issued Explanation Letter 1186, confirming that national banks can hold and use crypto assets as principal to pay blockchain network fees (such as "gas fees") to support their legitimate operations. Furthermore, banks can also hold crypto assets for testing self-developed or third-party platforms. The OCC emphasized that such operations must be conducted in compliance with regulations and with sound business practices."
3. Vitalik: Innovation should shift to Layer 2, and the transition to quantum-resistant encryption should be completed within 4 years
PANews reported on November 19th that, "Vitalik Buterin stated at the Devconnect conference that he hopes Ethereum will gradually "ossify" its underlying protocol, reducing core changes and prioritizing stability and security. He emphasized that innovation should shift to peripheral ecosystems such as Layer 2, wallets, and privacy tools, rather than frequently modifying the main chain. While acknowledging that this shift might weaken the spirit of early exploration, he believes it is healthier for the entire ecosystem. Furthermore, he warned that elliptic curve cryptography could be broken by quantum computing before 2028, and Ethereum must complete its transition to quantum-resistant cryptography within four years."
4. Taurus partners with Kaiko to enhance global banking digital asset infrastructure
PANews reported on November 19th that, "According to The Block, Swiss fintech company Taurus announced a partnership with crypto data company Kaiko to provide institutions with "regulatory-compliant market information" to support their digital asset activities. Through this collaboration, Kaiko's pricing and liquidity data will be directly integrated into the Taurus platform. Taurus provides digital asset infrastructure to nearly 40 banks, including State Street and Deutsche Bank, while Kaiko provides institutional investors with market data, pricing services, and DeFi data."
5. The US Senate has made progress on cryptocurrency legislation, with a full vote expected in early 2026
PANews reported on November 19th that, "According to Crypto In America, on Tuesday morning, Senator Tim Scott, Chairman of the Senate Banking Committee, revealed a preliminary timeline for the Senate's push for cryptocurrency market structural reforms, providing clear information to the industry.According to Scott's timeline, both the Senate Agriculture Committee and the Banking Committee plan to deliberate and vote next month, after which the two drafts will be merged into a single bill, aiming for a full Senate vote in early 2026. After passing the Senate, the bill will be sent back to the House for final approval, and then to President Trump for his signature."
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