Digital Wallets and Stablecoins Challenge the Relevance of Traditional Bank Accounts
Digital wallets and stablecoins are challenging traditional bank accounts as DeFi and fintech converge. Generational shifts and blockchain innovation are accel…
Circle’s OCC Trust Bank Approval Upgrades USDC’s Regulatory Standing
Circle has secured OCC approval to form a federal trust bank, marking a pivotal step for USDC and stablecoin integration in the US financial system. Explore th…
Citadel Securities Invests $400 Million in Crypto.com, Marking Major Pivot Toward Tokeniz…
Citadel Securities makes a $400M strategic investment in Crypto.com at a $20B valuation, advancing its expansion into tokenized securities, derivatives, and re…
Bitcoin Less Volatile Than Kospi As AI Fervor Backfires
Bitcoin’s volatility has fallen below South Korea’s Kospi index as the AI frenzy unwinds. Kospi’s implied volatility now more than doubles BTC’s, signaling shi…
US Spot Bitcoin ETFs Register $368M Inflows, Reversing July’s Outflows
US spot Bitcoin ETF inflows reached $368 million over three days, pushing July flows positive and AUM to $77.7 billion amid shifting market sentiment.
ECB’s Cipollone: Stablecoins Threaten Bank Deposits, Digital Euro Pilot Targets Payments…
ECB’s Piero Cipollone warns stablecoin adoption could erode bank deposits. The ECB advances a digital euro pilot to safeguard banks’ payments roles and test eu…
SBI Group Accelerates Asia Digital Asset Push with Coinhako Acquisition, Partnerships
SBI Group solidifies its position in Asia’s digital asset market by acquiring Coinhako and partnering with Ondo Finance and Solana Foundation to drive regional…
Bitcoin Sinks Below $63,000 as Geopolitical Risks Escalate
Bitcoin price dipped below $63,000 as U.S. airstrikes on Iran and heightened U.S.-China political tensions rattled risk assets. Equities and the Australian dol…
Senate Voices Support for Warsh’s First Fed Testimony on Inflation
Kevin Warsh’s first testimony as Federal Reserve chair drew praise for his tone on inflation and the Fed’s independence, maintaining the current interest rate…
Stripe’s $53B Bid for PayPal Puts Spotlight on Stablecoin Infrastructure
Stripe’s $53B bid to acquire PayPal could reshape digital payments with a focus on stablecoin infrastructure, but faces antitrust and regulatory hurdles.
