Digital Assets
SEC Tokenized Stock Exemption: First Venues Expected Next Quarter
Nearly two weeks after the SEC Innovation Exemption took effect, no platform has been reported to have filed to run a tokenized stock venue under it, and the agency’s own…
Wyoming Rolls Out FRNT Stablecoin, Backed by GENIUS Bill Legislation
Wyoming’s Stable Token (FRNT), the first U.S. state-backed digital currency, went live on the mainnet Tuesday, as announced by the Wyoming Stable Token Commission. Wyoming Launches FRNT, the First State-Issued…
Treasury Department Asks Public for Feedback on Curbing Illegal Crypto Use
The US Department of the Treasury said in a statement on Monday that it has asked for public feedback on how financial institutions can stop illicit activity involving the usage…
China Considers Launching First Stablecoins to Challenge US Dollar Dominance
China is getting ready to introduce its first stablecoins as part of a larger initiative to lessen its dependency on the US dollar (USD), the Financial Times reported on Wednesday.…
Bitcoin holds steady as Fed holds interest rates, Powell concerns tariff-driven inflation
In keeping with market expectations, the US Federal Open Market Committee (FOMC) decided on Wednesday to maintain interest rates at their current level. While Bitcoin (BTC) momentarily dropped below the…
Bank of Korea Moves to Monitor Crypto with New Asset Committee
South Korea’s central bank has refocused and renamed its central bank digital currency (CBDC) team to actively research digital currency, and it is rumored that it would establish a virtual…
Long Positions Crushed as Crypto Dip Sparks $700M in Liquidations
Over the past day, the cryptocurrency markets saw a significant sell-off, which led to widespread liquidations of leveraged positions. With 85.3% of the positions being long, almost $737 million in…
Bitcoin Price Climbs Past $118K Ahead of Key U.S. Policy Update on Digital Assets
Last week, Bitcoin (BTC) hit a new all-time high of $123,218. As of Monday, it is trading over $118,000, consolidating inside a narrow range. The GENIUS Act, which US President…
BNB Hits New Peak as Windtree Commits $520M Toward Binance Coin Treasury
BNB (BNB), formerly known as Binance Coin, is edging lower after reaching a new all-time high of $855. Windtree’s $250 million pledge to establish a BNB corporate treasury means that…
Hong Kong Strengthens Crypto Framework with Fresh Regulatory Measures
Hong Kong’s second significant digital asset policy was released, reaffirming its intention to dominate the global cryptocurrency market. The Securities and Futures Commission will oversee the new framework, which will…
Market at a glance
BTC$82,061 +0.1%
ETH$2,433 −0.8%
SOL$105.58 +0.3%- Fear & Greed53 Neutral
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New stories as they go live, plus a short market brief every morning at 09:00.
