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
Financial Times (FT) reports that Brandon Lutnick is in late-stage talks with Blockstream founder Adam Back on a roughly $4 billion deal to acquire bitcoin using a special purpose acquisition company (SPAC). Unnamed Sources Tell FT $4B Bitcoin SPAC Deal in Works Between Lutnick, Adam Back Cantor Equity Partners 1, a SPAC backed by Cantor
Billionaire venture capitalist Peter Thiel has acquired a 9.1% stake in BitMine Immersion Technologies, a crypto infrastructure firm led by Tom Lee, founder and CIO of Fundstrat, according to a new SEC filing. Thiel, who reported shared voting and dispositive power over 5,094,000 shares, joins a growing list of institutional backers eyeing crypto-native companies not
“No member bank shall, directly or indirectly by any device whatsoever, pay any interest on any deposit which is payable on demand.” — Section 11(b) of the Banking Act of 1933 Money market funds — the world’s most boring financial product — terrified bankers as soon as they started to catch on in the 1970s.
The US housing sector may be moving toward recognizing crypto in mortgage underwriting, but Redfin’s chief economist urges caution. Daryl Fairweather warned that crypto poses risks traditional finance models may not fully capture, pointing to volatility, custody concerns, and cyber threats. “There are unknown risks in crypto that maybe will not be fully accounted for,”