A new survey shared with The Defiant shows that while many Brazilians appear to trust stablecoins, using them in everyday life is still a challenge. A July 2025 report from payments app Oobit that surveyed Brazilian crypto users aged 23 to 45 found that around 91.8% hold stablecoins — mostly Tether (USDT) — and about
The governor of the Bank of England has cast doubt on whether the U.K. needs a digital pound, or CBDC, becoming the latest official in a major economy to question the merits of central bank digital currencies. While Andrew Bailey says it’s crucial to embrace cutting-edge transaction methods, he questioned whether this CBDC, known informally
Story Highlights The Fed is expected to keep rates steady at 4.25%–4.50% on July 19, with a 96.9% chance of no change, according to Matthew Dixon. Stable rates could benefit crypto markets, while political pressure from President Trump adds tension ahead of the 2026 election cycle. The next Federal Reserve FOMC meeting is scheduled for
New stablecoin rules from major jurisdictions, particularly the U.S., are reshaping the global digital asset market and presenting significant challenges for Tether’s USDT, the largest stablecoin with a market capitalization of over $160 billion. A recent research report from Zhou Hao, the Chief Economist at Guotai Junan International, a multi-billion-dollar financial services firm, suggests that
Russian lawmakers have approved a bill obligating banks and retailers to introduce support for the digital ruble next year and implement a universal QR code for payments. The new legislation comes after the Bank of Russia proposed new deadlines for the introduction of the digital currency in stages, starting from September 2026, following a call
Disclaimer: The analyst who wrote this article owns shares in Strategy. Strategy’s (MSTR) aggressive bitcoin BTC$118,676.04 acquisition strategy has dramatically boosted the value of its convertible debt. With bitcoin steady near its record price and the company’s shares rebounding toward $450, five of the six bonds outstanding are deep in the money, meaning the stock
The U.S. is on the verge of passing landmark crypto legislation, and if it succeeds, the impact could be profound, not only by unlocking growth, but by significantly reducing risk, asset manager Bitwise said in a report on Monday. The growth story is straightforward according to Bitwise. Regulatory clarity would empower major financial institutions, such
Bitcoin BTC$117,767.57 hovered near $118,000 during the Asian trading hours on Wednesday, consolidating gains after June’s U.S. CPI data signaled further disinflation, pushing traders to reprice odds of a September Fed rate cut. Core CPI rose just 0.1% month-over-month for the fifth straight time, fanning bullish sentiment across crypto markets despite broader equity weakness. “The
Catering to the short attention span of retail investors in Michael Saylor’s bitcoin (BTC) treasury company MicroStrategy (MSTR), a new fund manager is advertising weekly payouts plus extra leverage. Although monthly payouts have been available in YieldMax’s ETF MSTY since February 2024, Roundhill wants to increase that cadence 4X with its upcoming fund, MSTW. In
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Institutional crypto adoption accelerates as Fidelity backs MetaPlanet’s Bitcoin strategy, Henry Chang wins WEMIX legal vindication, and SharpLink amasses the world’s largest corporate Ethereum treasury position. Fidelity Subsidiary