U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'
The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cashlike.…
U.S. SEC proposes first major crypto rule in surprise announcement
The Securities and Exchange Commission issued the "Regulation Crypto" proposal after having cancelled a meeting days before meant to vote on it. Source:CoinDesk
Wyoming joins $15 billion LayerZero exodus with state stablecoin move
This is the first time a U.S. government entity has publicly replaced its blockchain infrastructure specifically on security grounds. Source:CoinDesk
Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere
Bitcoin's price swings have hit a cycle low, squeezed by a market tugofwar with no clear winner. The traders who once lived off its chaos have taken their risk…
Kraken adds U.S. stocks in Europe as TradFi-crypto divide blurs
The exchange said it is the first crypto company to offer European customers both traditional U.S. equities and tokenized versions of those assets on a single…
Why the Trump-backed crypto venture is distancing itself from Hong Kong AI aggregator WorldClaw
WLFI says the AI platform is independent and uses USD1 as a payment rail, but would not say whether it has equity, financing, revenuesharing or other economic…
Bitcoin miners’ AI pivot pays off, but mining could revive with one twist
Miners with AI and highperformance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pureplay operators.…
Global bond yields surge as debt fears test bitcoin’s hedge narrative
Longterm borrowing costs are reaching multidecade highs as U.S. debt approaches $40 trillion and AI hyperscalers accelerate bond issuance. Source:CoinDesk
Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal
The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million. Source:CoinDesk
HashKey taps Hong Kong's first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKDpegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab…
Citi plans to launch bitcoin custody for institutional clients later this year
The Wall Street bank plans to let clients hold bitcoin alongside traditional assets through its new Custody+ platform. Source:CoinDesk
Crypto’s easy-money era is ending in a wave of failures
Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says. Source:CoinDesk