US Banks Push Back on White House Stablecoin Yield Analysis
The American Bankers Association disputes a White House report on stablecoin yields, warning that allowing interest-bearing stablecoins could drain deposits from smaller banks.
The American Bankers Association disputes a White House report on stablecoin yields, warning that allowing interest-bearing stablecoins could drain deposits from smaller banks.
South Korea has fined crypto exchange Coinone $3.5 million and ordered a partial suspension over anti-money laundering violations, intensifying its regulatory crackdown on digital asset platforms.
Crypto exchange-traded products recorded $1.1 billion in weekly inflows, led by Bitcoin and US spot ETFs as easing inflation and geopolitical developments boosted investor sentiment.
South Korea’s central bank proposes crypto “circuit breakers” after a massive Bithumb error exposed gaps in exchange safeguards.
The European Central Bank has endorsed a proposal to centralize crypto oversight under ESMA, signaling a major shift in how digital asset firms are regulated across the EU.
Hong Kong grants its first stablecoin licences to Anchorpoint Financial and HSBC under a new regulatory framework led by the HKMA.
Bitmine begins trading on the NYSE and boosts its share buyback program to $4 billion, signaling confidence despite recent stock declines.
World Liberty Financial rejects concerns over its massive WLFI collateral position, calling liquidation fears unfounded despite DeFi scrutiny.
Binance co-founder Changpeng Zhao says crypto will fade into the background as adoption grows, becoming as ubiquitous as the internet.
BlackRock’s Bitcoin ETF leads a surge in inflows, marking its strongest day since March and signaling renewed institutional demand.
Japan approves a bill to classify cryptocurrencies as financial instruments, introducing stricter oversight, insider trading bans, and disclosure rules.
Coinbase upgrades the x402 protocol with usage-based pricing, enabling more flexible payments for AI compute, data queries, and LLM inference.
Binance Wallet integrates Prediction Markets via Predict.fun, enabling users to trade probability-based outcomes using Spot and Funding Account balances.
Visa launches Intelligent Commerce Connect, enabling AI agents to securely browse, select, and pay for goods across digital ecosystems.
Morgan Stanley’s new MSBT Bitcoin ETF attracted $34 million in first-day inflows, marking a major milestone for bank-issued crypto investment products.