adminUK Lords warn BoE could regulate pound stablecoins into irrelevance
In recent developments, a UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation. Looking closer, market participants highlight key…
Nobitex Sanctions Hit Iran’s Largest Crypto Exchange as Compliance Risks Grow
In recent developments, the U.S. Treasury Department sanctioned Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, placing a sharper compliance spotlight on crypto flows…
Crypto PACs pour $3M into Maryland races as California voters head to polls
In recent developments, an affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of…
Crypto correction vaporized $176B in investor funds: Are bears back in control?
In recent developments, bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets? Looking closer, market participants…
SEC makes digital assets strategic priority through 2030
In recent developments, the regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets. Looking closer, market participants highlight key drivers…
US lawmakers push back on Labor Department plans to include crypto in 401(k)s
In recent developments, the three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk. Looking closer, market…
Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days
In recent developments, crypto exchange-traded fund (ETF) flows opened June on a defensive note, with bitcoin funds losing nearly half a billion dollars and ether products extending their outflow streak…
Ethena Labs Moves Into Institutional Off-Chain Lending With Anchorage Digital
In recent developments, anchorage Digital has expanded its Atlas Collateral Management platform through a new arrangement with Ethena Labs, positioning the federally chartered crypto bank as collateral manager for Ethena’s…
Insurance giant WTW moves into crypto asset recovery with Redefind buy
In recent developments, the global insurance broker acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing and legal recovery costs. Looking closer, market participants…
Bitcoin’s $224K ‘fair value’ may emerge if sovereign debt fears deepen:…
In recent developments, a sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case. Looking closer, market…