A deputy governor of the Bank of England (BOE) played down concerns the U.K. is slipping behind other jurisdictions in introducing regulatory regimes for stablecoins, saying the rules will be in effect “just as quickly as the U.S.,” Bloomberg reported on Wednesday. “Our aim is to make sure that our regime is up and running,
The operator of the Swiss stock exchange SIX is once again at the center of international financial attention after announcing an expected net loss of approximately 300 million Swiss francs (equivalent to about 378 million dollars) for 2025. This negative outcome is directly linked to a write-down of about 550 million francs on its 10.5%
With the federal government continuing in shutdown mode, there continues to be a dearth of official economic statistics, including the all-important monthly Nonfarm PayRolls Report, which plays a large role in informing the Federal Reserve’s monetary policy. It’s thus elevated the status of some lesser-followed reports and at least one is flashing a major red
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3268.04, down 1.6% (-53.31) since 4 p.m. ET on Wednesday.Three of 20 assets are trading higher. Leaders: ICP (+27.5%) and NEAR (+3.3%). Laggards: HBAR (-3.6%) and UNI (-2.9%). The
USDT USDT$0.9997 issuer Tether’s tokenization arm, Hadron, is teaming up with ETF issuer KraneShares and Bitfinex Securities to develop and scale tokenized financial products, the companies said in a statement Thursday. The initiative plans to create tokenized versions of exchange-traded products and build the systems needed for them to trade on regulated digital asset platforms.
Strive (ASST), an asset management company building a bitcoin BTC$102,854.44 treasury, is looking to raise $160 million after upsizing the initial public offering of 2 million of its Variable Rate Series A perpetual preferred stock (SATA) and pricing it at $80 per share. The offering, scheduled to close on Nov. 10, was increased by 750,000
The ongoing US government shutdown is poised to directly impact thousands of air travellers, as Transportation Secretary Sean Duffy warned Wednesday. In the latest update, a 10% reduction in flights will be implemented at 40 major airports starting Friday morning if the impasse is not resolved. The decision, officials said, is a direct result of
Story Highlights BlackRock–Ripple tokenization rumor goes viral, but fact-check shows no official partnership or plan to move $5.3T in ETF liquidity onto XRPL. BlackRock is exploring tokenization, and Ripple is expanding RLUSD use cases, but claims of a joint $5.3T ETF project remain unverified and misleading. A viral rumor has been spreading across the crypto