Cryptocurrencies
Fidelity Launches FIDD Stablecoin on Ethereum; Wall Street Enters the Chat
Fidelity's FIDD stablecoin goes live on Ethereum with $60M minted, leveraging the GENIUS Act to challenge Tether and Circle.
Posts by Kiran Maatman
regulations
White House Issues Ultimatum: Fix $6.6T Stablecoin Yield Fight by Feb 28 or ‘Crown Jewel’ Bill Dies
Patrick Witt sets a Feb 28 deadline for banks and Coinbase to compromise on stablecoin rewards, warning that the CLARITY Act hangs in the balance.
Cryptocurrencies
Dubai Closes Final Door on Privacy Coins; XMR and ZEC Cut from DIFC Rails
The DFSA's new framework enacts a hard ban on privacy tokens in the DIFC, forcing institutional capital to choose between compliance and anonymity.
Cryptocurrencies
BBVA Joins Qivalis; 12-Bank Bloc Targets H2 2026 for Euro Stablecoin
Spain's BBVA joins the 12-bank Qivalis consortium, bolstering the push for a MiCA-compliant euro stablecoin launch in late 2026.
regulations
TRM Labs Hits $1B ‘Unicorn’ Status as Goldman Sachs Doubles Down on Crypto Compliance
Blockchain Capital leads the $70M Series C, pushing TRM Labs to a $1B valuation as illicit on-chain volume hits record highs.
Cryptocurrencies
Bitcoin Network Stalls: 14% Difficulty Drop Looms as Miners Capitulate
Bitcoin block times spiked to 19 minutes Wednesday as miners shut down rigs, forcing a projected 14% difficulty drop—the largest since 2021.
Cryptocurrencies
Vitalik Declares L2 Roadmap ‘Obsolete’; ARB & OP Slide
Vitalik Buterin says the 'rollup-centric' vision is dead as L1 scaling accelerates, sending Arbitrum and Optimism tokens tumbling.
Cryptocurrencies
UBS Confirms ‘Fast Follower’ Crypto Pivot as Bitcoin Bleeds
UBS CEO Sergio Ermotti confirms a 'fast follower' strategy to offer crypto trading to wealthy clients, defying the worst market downturn since 2024.
Cryptocurrencies
Tether Slashes $20B Funding Goal After Investors Reject $500B Valuation
Investors balked at a $500 billion valuation for the stablecoin giant, forcing a retreat from a planned $20 billion raise down to ~$5 billion.
Cryptocurrencies
Bitcoin ETF Assets Pierce $100B Floor; Institutional Capital Rotates to ETH, XRP
Bitcoin ETFs suffer $272M daily outflow as assets dip below $100B for the first time in 10 months, while capital strangely rotates into Ethereum and…