Vietnam’s Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral for bank loans. The proposal is part of the draft revised Law on Support for SMEs, which is open for public consultation, according to Viet Nam News. The plan would widen the type
A trending on-chain whale, Evaded, has made some strange moves that have left the market watchers confused. In fresh moves, it liquidated his short positions in Bitcoin and Ethereum and went straight long on Microsoft and Oracle. It is going bullish on these stocks with $31.5 million long bets. The whale has been a major
Robinhood just landed its most unusual client yet: the US government. The US Department of the Treasury selected Robinhood Markets to serve as the brokerage and initial trustee for “Trump Accounts,” a new federal investment program designed to get American children investing before they can drive. The company will build the technology infrastructure, handle customer
Custodia Bank, the Wyoming-chartered digital asset bank led by Caitlin Long, is seeking a 30-day extension of time, until July 10, 2026, to file a petition for certiorari challenging the Tenth Circuit’s decision in its long-running dispute with the Federal Reserve, according to a recent filing. The Tenth Circuit held that regional Reserve Banks have
Republican congressional hopeful Michael Carbonara has sold part of his Bitcoin holdings to help finance his campaign in Florida’s 22nd Congressional District, Decrypt reported Saturday. According to the report, Carbonara converted 10 Bitcoin into approximately $800,000 worth of USDC this month. The entrepreneur, who founded digital payments company Ibanera, has largely self-funded his campaign through
A fintech company that started by refinancing student loans just became the first US national bank to put a stablecoin directly into a consumer banking app. SoFi Technologies launched SoFiUSD on May 27, giving its approximately 14.7 million members the ability to buy, sell, and hold the token without ever leaving the SoFi app. The
SpaceX’s highly anticipated public market debut has spawned a fast-growing crypto shadow market that is allowing retail traders around the world to speculate on the company’s valuation months before its shares reach public markets. Here’s what’s behind the hype. According to Forbes, decentralised derivatives platform Trade.xyz recently launched SPCX-$USDC, a perpetual futures contract on Hyperliquid
For decades, the Fed stabilized the economy with one simple tool: interest rates. Raise them to cool inflation, and cut them to stimulate growth. But after years of massive government borrowing, post-pandemic inflation, and repeated stress inside the Treasury market, that system may no longer work the way Americans expect. Today, the Fed can cut
Hyperliquid is best known for its on-chain perps exchange, but did you also know there are vaults where users can deposit funds and follow specific trading strategies? One of these vaults, currently enjoying a total value locked of more than $3 million, delivered 638% APY last month. Let’s examine. What Are Hyperliquid Vaults? Hyperliquid vaults
Laser Digital, the subsidiary of Nomura Investment Bank, a large Japanese institution, has been given conditional approval for a trust bank charter for the USA. This is a first for any subsidiary of a Japanese financial institution. The company with headquarters in Zurich, boasting assets of over $250 million, filed for the federal charter in