Brad Garlinghouse, the CEO of Ripple Labs, called out the Wall Street banking lobbyists who have sought to resist the movement of his company and other crypto firms into the banking sector and into the Federal Reserve’s so-called master accounts. The crypto sector “should be held to the same standard” on money-laundering protections and other
Follow the Leader Having previously warned of the regulatory risks presented by platforms that enable users to monitor and copy trades made by successful traders, Robinhood seems to have decided that if you can’t beat them (or maybe more to the point, they have beaten the regulators), you might as well join them. Join IG,
The U.S. Office of the Comptroller of the Currency has granted conditional national bank status to Erebor Bank, a new tech-oriented bank seeking to rise into the gap left by the collapse of several such lenders in 2023, including Silicon Valley Bank. OCC chief Jonathan Gould said the Wednesday approval — the first new-bank charter
Bitcoin and Ethereum have stabilized following recent volatility, as investors wait to see how long the U.S. government shutdown will drag on. At the time of writing, Bitcoin has been changing hands for $112,127 after having gained about 1% in the past day. Ethereum is now trading for $4,094 after having picked up 3.6% in
The stablecoin market has undergone a sharp expansion over the past year, with total supply climbing 72% to nearly $300 billion, according to data analytics platform Artemis. Much of that growth has been concentrated on Ethereum and Solana, with the recent launch of Plasma marking a milestone. More than $6 billion in stablecoins were issued
While the recent wave of tokenized stocks has mostly targeted offshore users, a new platform called SoloTex aims to bring equity tokens to U.S. retail traders in a compliant way. Texture Capital, a U.S.-based broker-dealer registered with the SEC and FINRA, said it has received regulatory approval to launch SoloTex, a retail trading venue that
A newly formed investment group made up of BlackRock, Nvidia, xAI, Microsoft and others will acquire Aligned Data Centers in a $40 billion deal, the companies said Wednesday. The move adds fuel to a growing land grab for infrastructure to support artificial intelligence development. The consortium, called the Artificial Intelligence Infrastructure Partnership (AIP), plans to
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors fall as China trade war rhetoric escalates; BTC at $111k Gold hits another new ATH as Bitcoin and
Recent comments from Federal Reserve Chair Jerome Powell have sparked intense debate about whether the crypto market could soon enter a new bull cycle fueled by quantitative easing (QE). What do analysts say about this possibility? Here’s a closer look. Could the Fed Restart QE in the Coming Months? During his speech at the National
The crypto market has seen a major infusion of stablecoins. As Tether (USDT) and Circle (USDC) minted a combined $4.5 billion in the wake of recent market volatility. This surge follows the market crash. This highlights the continued demand for digital assets that maintain a stable value amid turbulent conditions. Tether(@Tether_to) just minted 1B $USDT