The governor of the Bank of England, Andrew Bailey, wrote a letter to the G20 yesterday stating that the Financial Stability Board (FSB) — the forum’s financial overseer, which Bailey was appointed to head in April — is assessing the role of stablecoins in payments and settlements as a top priority. To the point: an
With the expected passage of the GENIUS Act this week, the $260‑billion stablecoin market is on the cusp of becoming a formally regulated part of the U.S. financial system. The next step is institutional, bringing the time‑tested model of clearinghouses into the world of tokenized money. Why clearing matters Traditional clearinghouses, formally called central clearing
U.S. President Donald Trump’s rhetoric toward Fed Chair Jerome Powell appeared to stoke volatility in the crypto market on Wednesday, as investors weighed whether he could soon fire the official. The price of Bitcoin rose as high as $119,500, then fell to around $119,000—yet it’s up even higher now to $119,650, currently up 2% over
In a significant move poised to reshape the landscape of institutional crypto adoption in South Korea, Bitmax, a publicly listed Korean company, has announced a substantial increase in its Bitmax Bitcoin holdings. This strategic accumulation underscores a growing trend among corporations globally to embrace digital assets as a core component of their treasury management. With
Canadian fintech company LQWD has announced a $10 million At-The-Market (ATM) Program to strategically enhance its Bitcoin holdings and support the Lightning Network infrastructure. This innovative financing approach offers LQWD flexibility and cost-efficiency, allowing continuous capital access to fuel growth in the digital asset ecosystem. According to COINOTAG, LQWD’s initiative signals a mature capital management
CycleX has now formally entered into a strategic alliance with xStocks to transform the stock trading industry with powerful blockchain integration. The partnership, unveiled through the official Twitter account of CycleX, is centered on speeding up the tokenized stock market development and on breaking the divide between conventional finance and decentralized technologies. We are pleased
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Six years is certainly a long time in crypto. But Libra (later Diem) might’ve felt right at home in the current agreeable atmosphere in the US. Back then, Meta (still Facebook) had its own blockchain subsidiary, Calibra, that was pushing to
Early Bitcoin adopter and crypto YouTuber Jeremie Davinci has taken to his X account to address new and potential BTC holders, giving them an important warning. Davinci calls on those members of the global crypto community who have only started stacking Bitcoin or are thinking about doing it to make the right choice, hinting that
Dmail Network, a popular AI-enhanced and decentralized communication platform, has collaborated with DePIN Union, a worldwide platform devoted to fortifying Decentralized Physical Infrastructure Networks (DePINs). The partnership focuses on redefining how Web3 entities, DePIN projects, and AI agents interact, providing trustless, scalable, and secure communication across globe. The platforms shared the details of this initiative
Cryptocurrency analyst and trader Kevin Svenson believes Bitcoin (BTC) is now poised to ignite steep rallies with shallow pullbacks. In a new strategy session, Svenson tells his 83,500 YouTube subscribers that Bitcoin will likely print new all-time high prices as it launches the final phase of its parabolic advance. While Svenson believes that rallies are