The integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels. Bitcoin.com is integrating USDU, a US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial web and mobile wallet. USDU is issued by Abu Dhabi-based Universal Digital and is the...Continue Reading

Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.” US President Donald Trump continued to push for passage of a crypto market structure bill as the Senate remains in recess. In a Wednesday press conference with crypto company...Continue Reading

A Fairshake spokesperson said that the PAC was “just getting started“ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the crypto industry. Four of the five candidates supported by ads funded by the cryptocurrency-aligned political action committee (PAC) Fairshake won their primaries or otherwise advanced on Tuesday, potentially...Continue Reading

The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies. FalconX and Ethena have launched a $1 billion secured lending facility that will use assets backing USDe to fund overcollateralized loans to institutional borrowers. The facility is structured through a special purpose vehicle,...Continue Reading

The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 cross-border payments. Standard Chartered and HSBC have completed the first live cross-border transaction on Swift’s blockchain-based ledger, demonstrating interoperability between the banks’ tokenized deposit systems a month after the ledger’s launch. The transaction involved payment messages exchanged...Continue Reading

The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January 2027 effective date. US Comptroller of the Currency Jonathan Gould said that his agency would have final rules related to the implementation of a payment stablecoin law out by November. ...Continue Reading

Injective’s affiliated entity can now maintain securities ownership records, adding regulated market infrastructure to its growing push into tokenized assets. Injective Institutional Services, an entity affiliated with the Injective blockchain ecosystem, said its registration with the US Securities and Exchange Commission (SEC) as a transfer agent is now effective, adding a regulated securities recordkeeping function...Continue Reading

Bitcoin joined US stocks in a broad rally after the US Treasury announced that it was at least doubling the amount of its debt buyback operations from September. Bitcoin (BTC) saw its highest levels since the start of June after Wednesday’s Wall Street open as markets reacted to a US government liquidity move. Key points:...Continue Reading

The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution payments in August 2024. The US Commodity Futures Trading Commission (CFTC) announced consent orders related to its civil cases against former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao “Gary”...Continue Reading

Bitcoin’s rebound toward $69,000 is gaining momentum as Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom. Bitcoin could be poised for a run toward $100,000 by year-end as the US Treasury ramps up support for the long end of the government bond market in an effort to rein in surging interest...Continue Reading