regulations
Scaramucci: Stablecoin Yield Ban Is ‘Currency Warfare’ Suicide
SkyBridge founder argues the CLARITY Act's stablecoin yield ban hands a strategic advantage to China's interest-bearing digital yuan.
regulations
Cryptocurrencies
Binance Australia Ends 2-Year Fiat Exile; Restores PayID via Bolt Partnership
After a 30-month banking blackout, Binance Australia reinstates direct AUD transfers, closing the gap with local rivals.
Cryptocurrencies
China’s mBridge CBDC Platform Clears $55B as BIS Exits the Room
The China-led wholesale CBDC platform logs $55.5B in volume with 95% e-CNY dominance, solidifying a payment rail independent of the Western banking system.
Cryptocurrencies
Animoca’s Yat Siu declares ‘Trump Trade’ dead; pivots to utility as APE struggles
Animoca's co-founder downgrades the administration's crypto impact to a "C+," signaling a rotation from political speculation to utility as the firm eyes a public listing.
regulations
Coinbase Torpedoes CLARITY Act; Senate Scraps Vote After Industry Revolt
Senate Banking Chair Tim Scott cancels the CLARITY Act vote after Coinbase withdraws support over 'catastrophic' bank-favored amendments.
regulations
Anchorage Digital Targets $400M Raise; BitGo Prices IPO at $2B Valuation
Anchorage Digital seeks up to $400M to expand stablecoin operations, while rival BitGo prepares to trade on the NYSE next week.
regulations
mBridge volume hits $55B as BIS pivots to Western rival
The China-led CBDC platform surges 2,500% in volume after the BIS exits to focus on a Western alternative.
Cryptocurrencies
Old Glory Bank to List on Nasdaq via $250M SPAC; Targets Native Stablecoin Issuance
Old Glory Bank announces a $250M SPAC merger with Digital Asset Acquisition Corp (DAAQ) to launch the first chartered bank-issued stablecoin, OGBUSD.
Cryptocurrencies
White House Threatens to Kill Crypto Bill After Coinbase ‘Rug Pull’
Trump administration officials accuse Coinbase of a 'rug pull' after Brian Armstrong walks away from legislation over stablecoin yield caps.
regulations
Trump Declares War on JPMorgan; ‘Debanking’ Lawsuit Imminent
Trump threatens to sue JPMorgan over 2021 account closures, denying he offered Jamie Dimon the Fed Chair role.