In brief The U.K.’s central bank is treating stablecoins as “a new form of money” in the debate between tokenized deposits and stablecoins. The Bank of England and Financial Conduct Authority are gearing up to accept applications from would-be stablecoin issuers in the U.K. The BoE will regulate “systemic” stablecoins that are widely used in
Crypto wallet provider Ledger put its plans to go public in the U.S. on hold due to difficult market conditions, according to two people with knowledge of the matter. Ledger has not filed any draft S-1 registration statement with the Securities and Exchange Commission (SEC), one of the people said. A confidential filing is typically
The Solana-based tokens marketed as a way to gain exposure to Anthropic and OpenAI before they go public got an unwelcome reality check this week. The two companies said the transfer of privately held shares to the special purpose vehicles (SPVs) that back the tokens is invalid because any such move requires approval by the
Jane Street, which stated in 2023 that it withdrew from digital asset trading in the US due to regulatory uncertainty in the US, disclosed its Bitcoin and Ethereum holdings. Accordingly, Jane Street announced that it will reduce its Bitcoin (BTC) ETF holdings while increasing its Ethereum ($ETH) ETF holdings in the first quarter of 2026.
Anthropic just drew a line in the sand. The AI company issued a warning on May 12 declaring that any sale or transfer of its stock without explicit Board of Directors approval is void and will not be recognized by the company. The move comes as Anthropic’s valuation has ballooned in secondary markets, with estimates
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. While bitcoin remains pinned above $80,000, another interest rate-sensitive corner of the crypto market is booming and may suck capital out of other coins. The total value locked in tokenized Treasuries has surged to $15.35 billion, topping the mid-April peak
Hong Kong-listed Digital Asset Clearing Center (DACC) has raised $10mn from strategic investors to build faster and cheaper alternatives to legacy bank transfers in the $214tn cross-border payments market. The round included Conflux Network (CFX), the only regulatory-compliant public blockchain in mainland China, backed by the Shanghai government; Transaction Technologies Limited; and Chinese-listed firms Kingdom
Norway’s largest pension fund manager, KLP Kapitalforvaltning AS, has increased its exposure to Bitcoin indirectly by adding approximately $20.5 million worth of shares in MicroStrategy (MSTR), the software firm known for its substantial corporate Bitcoin holdings. The move, disclosed through data tracked by BitcoinTreasuries, brings KLP’s total stake to 104,680 shares, up from 95,160. KLP’s