Hong Kong’s largest English-language newspaper published a pointed debate on stablecoins on March 25, as the city’s self-imposed March deadline for its first stablecoin licenses nears its end with no official word. The conversation raises a question that every non-US jurisdiction now confronts: Does embracing dollar stablecoins deepen dependence on the very system many governments
BlackRock’s head of digital assets, Robbie Mitchnick, signaled a shift in how large investors view crypto, pointing to artificial intelligence (AI) as a more meaningful driver than the expansion of new tokens. Speaking about client behavior, Mitchnick described a market that has moved away from broad exposure to smaller assets. He said the turnover among
A down day in crypto became slightly less so in the minutes since U.S. stocks closed for the session. According to Israeli Channel 12, a one-month ceasefire could soon be announced as part of a package being negotiated by White House envoys Steve Witkoff and Jared Kushner. Other terms of the deal reportedly include a
Robinhood’s (HOOD) board has approved a new $1.5 billion share repurchase program, according to an 8-K filing with the U.S. Securities and Exchange Commission. It adds more than $1.1 billion to existing buyback capacity. The company said it expects to carry out the plan over about three years starting in the first quarter of 2026,
Banks Took $434 Billion From Americans Last Year — Is it Time for Bitcoin? Banks extracted hundreds of billions from American savers last year — and the scale of it shows a deep structural issue in America’s financial system. Bitcoin might help. In 2025, U.S. banks generated roughly $434 billion in net interest income, or
According to Israel-based Channel 12 television, a one-month ceasefire with Iran is being planned as part of diplomatic contacts between the US and regional actors. The report stated that the ceasefire would be announced within the framework of a mechanism being worked on by US officials Wittkov and Jared Kushner. During the ceasefire, the parties
NEW YORK — BNY Mellon CEO Robin Vince said the next phase of crypto adoption will depend on large financial institutions, arguing that banks are positioned to connect digital assets with the broader financial system. “We can act as a very effective bridge between the traditional finance and the digital finance ecosystems,” Vince said during
In a significant move within the cryptocurrency security sector, hardware wallet manufacturer Ledger has successfully raised $50 million through a secondary share sale, Bloomberg reported. This strategic financial transaction, finalized in the fourth quarter of last year, involved a substantial transfer of equity from the company’s early investors to new stakeholders. Consequently, the Paris-based firm
Circle (CRCL) sank about 22%, its worst drop since June 2025, after a tougher CLARITY Act draft threatened to ban stablecoin yield, clashing with booming $USDC growth. Summary Circle Internet Group (CRCL) stock is trading around $98.71, down about 22% on the day and roughly 18% below Monday’s close, its steepest slide since June 2025.