Crypto Breaking

Bybit, one of the world’s largest crypto exchanges by trading volume, is expanding into everyday banking services with a new product that will roll out to users in February. The initiative, branded “My Bank powered by Bybit,” will give clients a personal IBAN and the ability to move money across banks in multiple currencies, beginning with the U.S. dollar. CEO Ben Zhou emphasized that the feature is designed to smooth the path between crypto trading and regular financial services, effectively creating a bridge for fiat deposits, bill payments, salary payments, and crypto trading all under a single Bybit account. The move comes as the platform seeks to diversify revenue streams and deepen user engagement beyond crypto spot and derivatives markets. It also comes in the wake of a major security incident the previous year, when Bybit disclosed a cyberattack that compromised user data and trust, underscoring the need for stronger rails and compliance in a rapidly evolving landscape.

Key takeaways

Bybit will launch retail banking services in February under the product name My Bank powered by Bybit, starting with personal IBANs for users.

The service enables fiat deposits and cross-border transfers, with multi-currency support planned up to 18 currencies, subject to regulatory approvals.

Bybit is partnering with established banks, including Qatar National Bank (QNB) and DMZ Finance, as part of the rollout, and has ties to Pave Bank in Georgia through broader tokenized-asset initiatives.

Access to the new banking rails will require Know Your Customer (KYC) verification, aligning Bybit’s fiat-on-ramp with standard regulatory practices.

The bank-like product is framed as a way to remove friction—allowing users to pay bills, receive salaries, and even purchase large-ticket items using funds deposited from their own bank accounts.

Tickers mentioned:

Market context: Bybit’s pivot toward retail banking comes as exchanges across the crypto industry seek to expand fiat rails and offer more-integrated experiences for users, amid ongoing regulatory scrutiny and a push for clearer licensing in multiple jurisdictions. The trend toward bank-like functionality reflects a broader effort to convert crypto platforms into more holistic financial service providers, a development being watched by traders, institutions, and regulators alike.

Sentiment: Neutral

Price impact: Neutral. The news centers on product expansion and regulatory considerations rather than immediate pricing catalysts.

Trading idea (Not Financial Advice): Hold. The strategic shift could broaden user engagement but faces regulatory hurdles and execution risk as it scales overseas.

Market context: The introduction of fiat-on-ramp and bank-style accounts aligns with wider market efforts to stabilize crypto-ecosystem liquidity and improve user onboarding, particularly as institutions increasingly evaluate compliance, licensing, and consumer protections in digital-asset services.

Why it matters

For Bybit, the launch reframes the platform from a predominantly crypto-centric exchange to a hybrid financial service provider that can handle more of a user’s daily money flows. With a personal IBAN and the ability to deposit fiat directly from a bank, users can expect a more seamless experience when converting salary and day-to-day income into crypto or paying bills with digital funds. Bybit’s leadership has framed the product as removing friction that has historically constrained users—such as the need to navigate separate fiat and crypto accounts—thereby potentially driving higher user retention and increased transaction throughput on the platform.

The banking collaboration underscores a broader industry shift toward regulated, bank-friendly rails. Partners like Qatar National Bank (QNB) and DMZ Finance are positioned to provide credible infrastructure, essential for onboarding with compliance standards that can withstand regulatory scrutiny in multiple jurisdictions. The tie to Pave Bank in Georgia signals a willingness to explore licensing and capabilities in new regions, aligning with a pattern of exchanges expanding into licensed financial services to attract both retail and institutional users. This evolution matters for builders and investors who monitor how on-ramps, custody, and cross-border payments interact with evolving crypto regulation and capital market access.

From a risk and resilience standpoint, Bybit’s objective to offer a direct fiat channel could help diversify revenue streams and reduce reliance on trading fees alone. Yet it also concentrates risk around banking partnerships and regulatory approvals. The company’s public acknowledgment of the prior hack adds an explicit reminder that secure, well-audited cash rails are a prerequisite for scaling consumer banking features within crypto ecosystems. As regulators increasingly scrutinize stablecoins, payment rails, and crypto-licensing, the success of Bybit’s banking initiative will hinge on airtight compliance programs, robust cybersecurity, and transparent consumer protections.

In the broader crypto market, this move mirrors similar efforts by peers to blend traditional finance with digital-asset platforms. A growing cohort of exchanges has started offering more integrated financial services, signaling a shift in the market architecture where crypto venues function less like niche exchanges and more like full-service financial ecosystems. As liquidity and risk sentiment evolve in 2026, the ability to offer real-world banking features could become a differentiator for platforms seeking sustainable, compliant growth and wider mainstream adoption.

What to watch next

Regulatory approvals: Monitor which jurisdictions grant licenses or waivers for Bybit’s banking services and any required capital or compliance conditions.

February rollout: Track the exact launch date, onboarding flow, and initial currency support (with expected expansion to up to 18 currencies).

Banking partnerships: Follow updates from QNB, DMZ Finance, and Pave Bank regarding integration milestones, KYC checks, and cross-border capabilities.

User uptake: Look for early adoption metrics, including the share of Bybit users who activate fiat accounts and the frequency of fiat-to-crypto or fiat-to-bill-pay transactions.

Security and resilience: Expect continued transparency around security measures post-hack and independent audits of the new rails to bolster user confidence.

Sources & verification

Bybit’s live keynote and product announcement detailing “My Bank powered by Bybit” and the features of the new banking service.

Bloomberg coverage describing Bybit’s banking ambitions and the involvement of the QNB group and related partners.

PR Newswire release outlining Bybit’s collaboration with QNB Group and DMZ Finance for tokenized assets and broader access to digital assets.

Cointelegraph reporting on Bybit’s past security incident and the company’s ongoing expansion beyond crypto trading.

Bybit expands into retail banking with My Bank powered by Bybit

Bybit’s new retail banking proposition centers on giving users a personal IBAN, enabling seamless cross-border fiat transfers and a direct path between bank accounts and crypto trading. After KYC verification, users can deposit fiat, pay bills, and receive salaries—actions that Bybit frames as straightforward transfers to a customer’s own bank account. The company’s leadership emphasizes that the banking rails will operate behind the scenes as standard bank transfers, enabling practical, everyday use cases such as buying a car or paying rent without navigating a separate fiat-to-crypto phase for each transaction.

In practice, the product will gradually scale to support a broad set of currencies, coordinating with partner banks to ensure compliance, liquidity, and transactional reliability. While USD is the initial focus, the goal is to broaden the currency footprint to as many as 18 currencies, reflecting Bybit’s ambition to serve a diverse, global user base. The approach relies on established financial institutions to provide the custody and settlement infrastructure that can meet regulatory expectations, reduce settlement times, and improve consumer protections in fiat transfers associated with crypto activities.

Despite the promise, Bybit’s foray into retail banking is not without risk. The industry faces ongoing regulatory dynamics, licensing questions, and the need for rigorous cybersecurity measures to protect fiat rails and customer data. The company’s past public acknowledgement of a major security incident underscores the importance of governance and risk controls as it scales. Yet, for users who want to manage salaries, bills, and everyday payments within a single platform, the new service could significantly cut the friction between traditional finance and digital assets, offering a tangible pathway to mainstream crypto adoption while aligning with broader industry trends toward integrated financial services.

This article was originally published as Bybit Rolls Out Retail Bank Accounts With Personal IBANs on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Abu Dhabi-based Universal Digital has launched USDU, the UAE’s first USD-backed stablecoin to be registered as a Foreign Payment Token under the Central Bank of the UAE’s Payment Token Services Regulation (PTSR). The registration marks a milestone for the Gulf state’s digital-asset framework, creating a regulated, USD-denominated settlement option for crypto activity in the UAE and positioning Universal as the pioneer Foreign Payment Token Issuer under the regime. The company emphasizes that regulators are guiding a transition path toward broader compliance, and USDU is described as the first USD stablecoin to complete that process. The token is issued as an ERC-20 token on Ethereum and is backed 1:1 by onshore USD reserves.

Key takeaways

USDU is the first USD-backed stablecoin to receive registration as a Foreign Payment Token under the UAE’s PTSR, signaling a formalized onshore settlement rail for digital assets.

Universal Digital operates under dual oversight from the UAE Central Bank and Abu Dhabi Global Market’s FSRA, enhancing governance, reserve custody, disclosures, and operational controls.

Reserves backing USDU are held 1:1 in onshore accounts at Emirates NBD and Mashreq, with MBank serving as a strategic banking partner and a global accounting firm providing monthly independent attestations.

The token is designed for institutional and professional use, with a focus on regulated settlement workflows; payments for digital assets and derivatives in the UAE must be in fiat or a Registered Foreign Payment Token.

Universal is pursuing broader distribution via Aquanow and coordinating with AE Coin to enable future conversion between USDU and the dirham‑denominated token for domestic settlement, expanding the regulatory perimeter for digital assets.

Sentiment: Neutral

Price impact: Neutral. The regime’s clarity may reduce settlement frictions, though immediate price effects of the registration are not evident.

Market context: The UAE’s approach reflects a broader trend toward regulated stablecoins that can underpin institutional crypto activity while aligning with traditional financial infrastructure. The PTSR framework aims to standardize how digital assets are treated in payments and settlements, potentially influencing regional liquidity and cross-border flows as banks and licensed venues integrate compliant tokens into existing workflows.

What to watch next

Why it matters

The registration of USDU as a Foreign Payment Token under the PTSR signals a concrete regulatory pathway for USD-denominated settlement tokens within the UAE’s financial system. For institutions operating in the UAE, this creates a more predictable environment to reconcile digital-asset trades, settlements, and reporting obligations, backed by onshore reserves and independent attestations. The dual oversight by CBUAE and FSRA is intended to raise standards across reserve custody, governance, disclosures, and operational controls, which can matter when banks, brokers, and licensed venues integrate crypto tokens into their processes.

From a market structure perspective, the arrangement helps align crypto activity with existing fiat rails. While USDU is not intended for broad mainland retail payments, it can facilitate domestic settlement and on-ramps for professional participants, potentially reducing settlement risk and improving liquidity for UAE-based digital-asset markets. The collaboration with Aquanow—under VARA’s regulatory umbrella—also signals a pathway to scale institutional access and connect USDU to a wider, regulated infrastructure, including on- and off-ramps and settlement networks.

Moreover, the ongoing dialogue with AE Coin, the dirham-denominated stablecoin licensed by the Central Bank, points to a broader ecosystem where multiple fiat-pegged tokens can operate within a unified regulatory perimeter. In that sense, USDU’s registration may serve as a blueprint for similar tokens, supporting interoperability between dollar- and dirham-denominated settlements as regulatory clarity deepens and custody standards mature.

What to watch next

Regulatory guidance on permissible use cases for USDU in specific institutional settlements and any forthcoming updates to the PTSR framework.

Adoption milestones among UAE banks, brokers, and licensed venues integrating USDU into their compliance, settlement, and reporting workflows.

Progress in cross-token settlement with AE Coin, including any approved conversion pathways and inter-token liquidity provisions.

Expansion of Aquanow’s distribution and onboarding of additional institutional partners under VARA supervision.

Sources & verification

Universal Digital press materials announcing USDU’s registration under the UAE Central Bank’s PTSR as a Foreign Payment Token.

Central Bank of the UAE (CBUAE) regulations and the Payment Token Services Regulation (PTSR) framework.

Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) oversight of regulated fiat-referenced tokens.

Reserves and banking arrangements: onshore USD custody at Emirates NBD and Mashreq, with MBank as a corporate banking partner and monthly attestations by an international accounting firm.

Aquanow’s distribution role and AE Coin’s licensing status under UAE regulation, enabling future cross-token settlement paths.

UAE’s first central-bank‑registered USD stablecoin marks milestone for onshore settlements

USDU (CRYPTO: USDU) has been positioned as an ERC-20 token on Ethereum with a conservative, institutionally oriented design. Universal Digital frames USDU as a token purpose-built for regulated use cases, leveraging onshore reserve custody and formal attestations to reinforce trust among banks, licensed venues, and regulated exchanges. The company emphasizes that true confidence comes from regulated banking custody, periodic third‑party attestations, and ongoing regulatory oversight, which together create a transparent framework for settlements involving digital assets and their derivatives.

In practical terms, the UAE’s PTSR currently requires that payments for digital assets and derivatives be settled in fiat or a Registered Foreign Payment Token. While major stablecoins such as Tether and USD Coin have emerged as common liquidity anchors for UAE traders, none have been officially registered under the Central Bank’s regime to date. Universal argues that USDU is uniquely positioned as the first USD token to meet these regulatory conditions, potentially enabling more standardized flows within the UAE’s digital-asset ecosystem.

The governance architecture surrounding USDU includes a layered model of custody and disclosure. Reserves backing each token are held in safeguarded onshore accounts, with Emirates NBD and Mashreq serving as banks of record and MBank acting as the strategic corporate banking partner. A major accounting firm provides monthly independent attestations, reinforcing a public signal of reserve integrity. Those elements are designed to address common investor concerns about reserve quality and promptness of disclosures—factors that can influence institutional willingness to settle large-scale digital-asset trades on a domestic footing.

On the distribution side, Universal has named Aquanow as its global distribution partner, a move that should facilitate access to USDU for large‑scale institutions. Aquanow operates under Dubai’s VARA regulatory umbrella, enabling the token to slot into regulated custody, on-/off-ramp, and settlement infrastructures. The broader objective appears to be bridging the gulf between dollar‑denominated and dirham‑denominated stablecoins, as Universal also collaborates with AE Coin to support future conversions between USDU and the Emirate dirham token for domestic settlement, maintaining alignment within the same regulatory perimeter.

Despite the regulatory progress, USDU’s domestic role is circumscribed: it supports UAE domestic settlement of digital assets and derivatives but is not intended for general consumer retail payments in the mainland, where traditional dirham‑related instruments remain predominant. The emphasis remains on professional and institutional use cases, where the combination of regulated custody, independent attestations, and oversight can underpin more robust, auditable settlement workflows within the country’s evolving digital-asset infrastructure.

This article was originally published as UAE’s First Central Bank-Registered USD Stablecoin Goes Live on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Key Takeaways

South Dakota Representative Logan Manhart has introduced a bill to allow the state to invest public funds in Bitcoin.

House Bill 1155 proposes investing up to 10% of select state funds in Bitcoin.

The lawmaker introduced a similar bill in 2025, but it was blocked and not signed into law.

This proposal follows a growing interest in Bitcoin reserves across the US and other nations.

A South Dakota lawmaker has introduced a bill to the legislature that seeks to allow the state to invest a portion of its public funds in Bitcoin. This comes just after about a year, when a similar legislation he introduced failed to be implemented.

Losing no hope, on Tuesday, the 27th, Logan Manhart introduced House Bill (HB) 1155 in South Dakota’s legislature. HB 1155 proposes allowing the State Investment Council to allocate up to 10% of state revenues to Bitcoin.

“I am proud to say I have released my bill that would allow the State of South Dakota to invest in Bitcoin. Strong money. Strong state.” Manhart wrote in an X post.

A Revived Bill

The latest proposal closely mirrors House Bill 1202, which Manhart introduced in 2025. HB 1202 sought to add Bitcoin to the list of assets the State Investment Council is permitted to own, alongside traditional securities such as government bonds and exchange-traded funds (ETFs).

However, the bill was blocked by legislators over concerns about the volatility and risks associated with the currency. HB 1155 largely serves as a reintroduction of the failed 2025 proposal, with only a few notable changes.

First, the revised bill clarifies that Bitcoin exposure may be obtained in any of these three ways. First, through direct holdings by the State Investment Council, through a qualified custodian acting on its behalf, or via regulated exchange-traded products (ETPs).

Direct holdings must comply with strict custodial standards, allowing only qualified custodians such as federally or state-chartered banks or trust companies. ETPs on their side must qualify as registered investment companies and be traded on regulated exchanges, which subjects them to oversight by relevant U.S. or state regulators.

The bill also expands and tightens security requirements. Private keys must be kept in an encrypted hardware storage and used exclusively via end-to-end encrypted channels. Also, any hardware containing these keys must be maintained in at least two diverse geographical data centers under the authority of the State Investment Council. In addition, regular code audits and penetration testing must be done.

Beyond these refined custody, security, and definitional updates, the substance of the new bill remains unchanged from the earlier.

As of the time of writing, HB 1155 has received its first reading and has been referred to the Committee on Commerce and Energy.

A comparison of the two Logan Manhart’s Bills: 2025 bill on the left side, and 2026 bill on the right.

Growing Interest in Bitcoin-Backed Reserve in the US and Beyond

This renewed push in South Dakota comes as interest in Bitcoin-backed reserves grows among US states and other nations.

For instance, lawmakers in the states of Kansas and Florida have advanced similar proposals. Arizona, Texas, and New Hampshire, on the other hand, have passed crypto reserve legislation.

Meanwhile, we witnessed the U.S. federal government establish a strategic bitcoin reserve last year, through an executive order signed by President Donald Trump. Also, countries like El Salvador and Bhutan have already taken more direct approaches to incorporate Bitcoin into national strategies through state holdings, mining initiatives, and development projects tied to digital assets.

While many have seen these moves as a solution against inflation and currency debasement, critics continue to raise concerns about price volatility associated with the currency.

This article was originally published as South Dakota Lawmaker Revives Push for a Bitcoin Reserve on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Executive Summary 

In the volatile landscape of 2026, the barrier to entry for crypto funds is no longer just “generating alpha.” It is the increasingly complex “operational beta”, the friction of regulatory compliance, banking access, and institutional-grade governance. 

CV5 Capital has pioneered the Institutional OS for Digital Assets, a multi-manager platform designed to de-risk the fund launch process. By leveraging our Regulated Cayman Umbrella (CV5 Digital SPC), emerging and established managers can transition from a strategy to a fully operational, CIMA-compliant fund in under four weeks. This article analyzes how the platform model provides a strategic “moat” for managers looking to scale from seed capital to institutional mandates. 

The Operational Barrier: Why Crypto Funds Stall 

Traditionally, launching a fund was a six-month odyssey involving high six-figure legal fees, exhaustive service provider vetting, and the “banking wall”, the refusal of traditional institutions to service digital asset entities. 

For a manager, these are distractions. Every hour spent on a FATCA filing or a CIMA audit is an hour lost to the markets. CV5’s multi-manager platform is built to solve this “operational drag.” 

Part I: The Architecture of the Multi-Manager Platform 

The core of CV5’s offering is the Segregated Portfolio Company (SPC) structure. This allows managers to operate as a “Segregated Portfolio” (sub-fund) under our regulated umbrella. 

 * Speed to Market: Because the umbrella is already regulated and the service provider relationships (audit, admin, legal) are already established, the launch timeline is compressed to 3–4 weeks. 

 * Asset Segregation: Each portfolio is legally ring-fenced. Assets and liabilities of Fund A are entirely separate from Fund B, providing the security institutional LPs demand. 

 * Plug-and-Play Infrastructure: Managers gain immediate access to institutional-grade banking, prime brokerage, and custody without the years of track record usually required to open these doors. 

Part II: The Tech Stack — Tokenization and Real-Time Alpha 

In 2025, CV5’s strategic partnership with Enzyme and the adoption of the Onyx technology stack redefined what “transparency” looks like. 

By integrating on-chain infrastructure with a regulated Cayman framework, we enable: 

 * Tokenized Share Classes: Managers can issue fund interests as tokens, allowing for automated subscriptions and redemptions. 

 * Real-Time NAV: Gone are the days of waiting for monthly administrator reports. Investors can view verified, on-chain performance in real-time. 

 * Programmable Compliance: Eligibility criteria (KYC/AML) are baked into the token smart contracts, ensuring the fund remains compliant even in secondary market transfers. 

Part III: Scaling from $1M to $1B 

The transition from a “crypto startup” to an “institutional asset manager” requires a shift in governance. CV5 provides the framework to navigate this growth: 

Regulated and subject to rules on corporate governance, internal controls, conflicts of interest, segregation of assets, cybersecurity, data protection, valuations. 

Annual Audit by Approved Auditor 

Independent Directors 

Independent compliance officers 

Independent administrator  

Full regulatory and operational support locally and wherever investors are located to ensure compliance  

Experienced with operational due diligence (ODD) of institutional investors 

Leading partners in banking, trading, custody and technology. 

The “Operational Alpha” Advantage 

By offloading the back-office, LEI registrations, CUSIP/ISIN issuance, and FATCA/CRS reporting, to CV5, managers can focus on their core competency. In institutional circles, this is known as Operational Alpha: the value created by having a robust, audited, and de-risked operational environment that makes a fund “investable” for pension funds and family offices. 

Conclusion: Focus on the Trade, We’ll Handle the Rest 

The era of the “unregulated crypto fund” is over. To capture institutional liquidity in 2026, managers must meet the standards of traditional finance while embracing the efficiency of blockchain technology. 

CV5 Capital provides the bridge. We don’t just help you launch; we provide the institutional skin and technological muscle to help you scale. We’ve built the “OS”, you just bring the alpha.

This article was originally published as CV5 Capital’s Institutional OS for Alpha at Scale on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Bitcoin traded lower on Wednesday as gold advanced, lifting bullion sentiment and underscoring a widening divergence between precious metals and top cryptocurrencies. Gold surged past the $5,500 mark to a fresh record, pushing its market capitalization higher to roughly $38.77 trillion as some measures suggested the day’s gains approached the scale of Bitcoin’s own market footprint. Silver followed suit, rallying about 21.5% over the prior week to a valuation near $6.6 trillion, a move that widened its lead over Nvidia, the technology bellwether often cited as a proxy for market breadth.

The precious metals rally has been tied to a broad “debasement trade” thesis, with investors watching central-bank stimuli and fiscal expansion as drivers for hard assets. In contrast, Bitcoin has faced renewed headwinds since a crypto market crash in October that liquidated roughly $19 billion in positions, weighing on price performance in the near term. The narrative around Bitcoin’s role as a safe-haven asset has persisted, but the price action in the last several months has shown a more nuanced relationship with gold as macro dynamics evolve. The latest market moves come as investors weigh whether Bitcoin can sustain a rebound while traditional stores of value hold firm.

Before the October sell-off, sentiment had leaned toward the idea that Bitcoin and gold could function as countercyclical hedges during periods of fiscal irresponsibility and monetary expansion. That view has since been tested by a series of risk-off episodes that complicated the narrative for both assets. The five-year timeframe, in particular, highlights a notable performance gap: gold has risen about 173% over that span, while Bitcoin has climbed roughly 164%. This relative outperformance of gold over the medium term has shaped how investors view the “store of value” thesis for the crypto asset, even as many participants remain convinced of Bitcoin’s long-run potential.

Bitcoin could be undervalued, institutional investors say

In a development that injects a note of optimism into a cautious environment, a Coinbase survey released earlier this week found that 71% of 75 institutional investors believe Bitcoin is undervalued when priced in a range of roughly $85,000 to $95,000. The study also revealed a resilient commitment among institutions: about 80% indicated they would hold or add to their crypto positions in response to a hypothetical 10% decline in the broader crypto market, signaling conviction about Bitcoin’s longer-term role in diversified portfolios. The Coinbase data underscores a divergence between near-term price volatility and longer-term strategy among large players, suggesting that institutions continue to map an exposure path into an asset class they see as asymmetrically rewarding over time.

Bitcoin, gold sentiment on opposite ends of spectrum

The sentiment landscape around Bitcoin and gold has grown increasingly bifurcated. The Crypto Fear & Greed Index, which aggregates sentiment across the crypto market, sits at 26 out of 100 in the “Fear” zone, illustrating cautious positioning amid recent volatility. By contrast, sentiment around gold remains sharply positive, with the Fear & Greed Index for gold tracked by JM Bullion sitting at 99 out of 100, in the “Extreme Greed” territory. The divergence underlines how different risk premia and macro expectations are shaping flows into traditional safe-haven assets versus digital assets.

Source: JM Bullion

Magazine: Davinci Jeremie bought Bitcoin at $1… but $100K BTC doesn’t excite him

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

/* Content hidden in this rewrite; no extra styling */

2)

Key takeaways

Gold’s daily surge propelled bullion to a fresh all‑time nominal high near $5,500 per ounce, lifting its overall market cap to about $38.77 trillion and signaling continued demand for hard assets amid expansionary policy expectations.

Silver rallied about 21.5% over the past week, driving its market cap to around $6.6 trillion and widening the spread relative to Nvidia, the largest publicly traded company, illustrating a broad rotation into precious metals alongside equities.

The five‑year comparison shows gold outperforming Bitcoin (173% vs 164%), reinforcing the narrative that traditional stores of value have maintained pricing discipline even as crypto markets wobble.

A majority of institutional investors surveyed by Coinbase believe Bitcoin is undervalued in the $85k–$95k range, and roughly four in five would hold or add to crypto positions after a modest downturn, suggesting continued strategic interest from large capital allocators (EXCHANGE: COIN).

The market exhibits a clear sentiment split: crypto fear remains elevated while gold shows extreme greed, highlighting divergent risk appetites and the different catalysts shaping each asset class.

3)

Tickers mentioned: $BTC, $COIN, $NVDA

4)

Sentiment: Neutral

5)

Price impact: Negative. Bitcoin faced selling pressure in the session as gold led gains for risk-off assets, contrasting with the broad strength in bullion.

6)

Trading idea (Not Financial Advice): Hold. The institutional appetite suggested by the Coinbase survey argues for a cautious, longer‑term exposure strategy rather than chasing near‑term moves.

7)

Market context: The moves follow a period of macro uncertainty where gold’s role as a hedge remains pronounced even as crypto markets grapple with liquidity and sentiment shifts, potentially signaling a rotation in risk assets depending on policy developments and inflation expectations.

8)

Why it matters

The divergence between gold and Bitcoin at a time of accelerating fiat expansion underscores a broader debate about the place of crypto within traditional portfolios. While bullion continues to attract demand as a trusted store of value in uncertain macro environments, Bitcoin’s trajectory suggests it remains tethered to risk sentiment and liquidity conditions that can amplify drawdowns in the short run. The Coinbase survey’s implication that institutions see intrinsic value in Bitcoin at higher price bands reinforces the notion that professional investors view the asset as a strategic, long‑horizon allocation rather than a quick trade for a bull run. This dynamic matters for users, builders, and investors who must calibrate expectations around volatility, liquidity, and eventual adoption curves for decentralized finance and digital asset custody infrastructures. The five‑year performance comparison—gold up 173% versus Bitcoin’s 164%—also highlights how traditional assets continue to command a premium in certain regimes, while crypto markets seek durable narrative pillars to sustain longer‑term upside.

As the ecosystem evolves, the ongoing dialogue around safe-haven attributes, institutional yields, and regulatory clarity will shape the next phase of asset allocation. The tension between the proven resilience of gold and the still‑uncertain but potentially transformative role of Bitcoin means markets could witness continued bifurcation in sentiment and performance across assets. For traders and investors, this environment argues for disciplined risk management, diversified exposure, and a clear view of each asset’s catalysts—whether policy shifts, ETF developments, or macro surprise events—that could tilt the balance in either direction.

9)

What to watch next

Next readings on Bitcoin’s price path in relation to macro moves and gold’s continued run; watch any shifts in risk sentiment over the coming days.

Updates from institutional platforms and future surveys that test whether the undervaluation thesis for Bitcoin holds as macro conditions evolve.

Regulatory developments and ETF flows that could reshape liquidity and price discovery in major crypto markets.

Any corroborating data from market trackers and sentiment indices that might signal a shift in the gold–Bitcoin dynamic.

10)

Sources & verification

Gold price and market-cap data, including the $38.77 trillion figure and the all‑time high, as cited in market coverage referencing bullion dynamics and cross-asset comparisons (source material linked in the article).

Silver rally of 21.5% and the $6.6 trillion market cap reference, with comparison to Nvidia’s market leadership in public markets (source material linked in the article).

Coinbase institutional survey results showing 71% undervaluation view for Bitcoin in the $85k–$95k band and 80% readiness to hold or add on declines (https://cointelegraph.com/news/institutional-investors-say-bitcoin-undervalued-coinbase-survey).

Crypto Fear & Greed Index readings around 26 (Fear) and JM Bullion’s Extreme Greed reading for gold (https://alternative.me/crypto/fear-and-greed-index/#google_vignette and https://www.jmbullion.com/fear-greed-index).

Historical context on the October crypto crash and subsequent market dynamics (Cointelegraph articles linked in the narrative).

11)

Market reaction and key details

Bitcoin’s latest price action comes amid a tug of war between crypto risk appetite and the enduring appeal of real‑money assets. While gold breached the psychologically important threshold of $5,500 per ounce, lifting its market cap toward historic highs, Bitcoin moved lower in the session, highlighting a shift in liquidity priorities as market participants reassess risk premia in a landscape shaped by central‑bank policy expectations and fiscal stimulus narratives. The juxtaposition of these trajectories is not merely a snapshot of one day’s moves; it reflects evolving investor judgments about what constitutes a reliable store of value, how much inflation hedging is discounted into asset prices, and where capital should flow when macro data and policy signals diverge.

Across the broader market, a 21.5% weekly surge in silver underlines the ongoing rotation into traditional hard assets, even as equities and technology stocks navigate their own cycles. The divergence from Nvidia, which remains symbolic of the broader tech rally’s health and risk tolerance, adds texture to the market’s instinct that not all hedges or inflation plays move in lockstep. For institutional participants, the Coinbase survey’s takeaway—namely, that a sizable majority view Bitcoin as undervalued in a high‑price band and remain inclined to hold or accumulate after a downturn—suggests a patient stance that could translate into steadier demand for larger crypto allocations over time.

In terms of sentiment, cryptoFear remains a factor, with a score in the fear zone, while gold’s sentiment gauges remain in extreme greed territory. This split reflects a market that still distinguishes between the distinct narratives driving each asset class: a crypto market seeking structural adoption and liquidity expansion, and a gold market riding a long‑running inflation/monetary policy thesis. The net effect is a market that could experience continued bifurcation, enabling cocooned pockets of opportunity for traders while investors maintain diversified exposure to both digital and physical stores of value.

This article was originally published as Gold Nearly Matches Bitcoin’s Market Cap in a Day on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Hyperliquid’s token rally captured broader attention as a rapid 60% ascent lifted the price to 34.90 from about 21.80 in a matter of days. The move came amid a confluence of on-chain activity, new balance-sheet exposures, and a wave of speculative positioning that left traders parsing whether the momentum would endure. Two events stood out in the backdrop: the staking unlock that eased selling pressure and reports that a Nasdaq-listed treasury company added HYPE to its digital-asset reserves. The price spike also coincided with a bout of liquidations on bearish leveraged bets, underscoring how quickly sentiment can flip in a market where liquidity and risk appetite ebb and flow in tandem.

Key takeaways

HYPE surged about 60% to 34.90 in a two-day rally, with more than $20 million in liquidations tied to bearish, leveraged positions as the move unfolded.

An ARK Invest Big Ideas report highlighted Hyperliquid as a potentially revenue-efficient player in DeFi derivatives, contributing to a broader institutional关注 despite flat perpetual volumes.

Purported on-chain activity linked to a Nasdaq-listed treasury firm, PURR, adding HYPE to its balance sheet helped intensify the narrative around HYPE’s legitimacy and demand.

On-chain transfers and staking activity overshadowed by large holders; substantial inflows cited from major venues, but overall open interest remained robust yet concentrated, leaving questions about sustainability.

Unfolding staking unlock events and trader debates around market maker flows added a dynamic that could influence near-term price action, with some observers noting renewed attention on Hyperliquid’s role in price discovery.

Tickers mentioned: $HYPE, $BTC, $USDT

Sentiment: Neutral

Price impact: Positive. The rally pushed HYPE higher on renewed interest, though the trajectory remains uncertain without corroborating sustained participation.

Trading idea (Not Financial Advice): Hold. Near-term momentum favors the upside, but the absence of clear catalysts beyond one-off inflows warrants caution.

Market context: The move unfolds amid a broader crypto-derivatives landscape where on-chain activity and institutional interest intersect with exchange dynamics, reinforcing the importance of liquidity and risk sentiment in price formation.

Why it matters

The recent price action around Hyperliquid underscores how a niche platform can become a focal point for price discovery even when, in aggregate, major centralized venues still claim outsized influence. Hyperliquid’s gains followed a period of reported on-chain inflows and a notable staking unlock, suggesting that both new capital and the unblocking of previously illiquid stakes can push a token into the spotlight. While the rally appears buoyed by specific events rather than organic, broad-based adoption, the episode highlights how on-chain activity and cross-market flows can temporarily tilt the supply-demand balance in favor of a token with a dedicated user base.

ARK Invest’s framing of Hyperliquid as a potentially revenue-efficient DeFi derivatives participant adds a layer of institutional credibility to the narrative. The analysis emphasizes that the market’s evolution could tilt toward using blockchain infrastructures as monetary assets, a perspective that could attract more capital if supported by measurable profitability and scalable platforms. Yet the critique remains: price momentum in such setups can be fragile if outsized inflows recede or if large holders begin to unwind positions. In that context, the ARK report serves as a reminder that fundamentals and market mechanics—rather than hype alone—should guide long-term expectations for a token tied to a complex derivatives ecosystem.

On-chain activity and treasury-related moves are central to this episode. Reports of PURR adding HYPE to its balance sheet and the 3.6 million HYPE accumulation on December 12, 2025—followed by staking via Anchorage—signal a governance of risk and capital that blends traditional treasury management with crypto-native strategies. The narrative around PURR traces back to its roots in a SPAC-backed merger with Rorschach, positioning the venture as a bridge between conventional markets and DeFi liquidity provisioning. While such corporate actions can magnify a token’s legitimacy in the eyes of investors, they also invite scrutiny of counterparty risk and the durability of a token’s price trend outside pure market dynamics.

Another dimension of the discussion centers on on-chain versus exchange-driven activity. While some observers pointed to a surge in on-chain activity as a driver of price gains, metrics such as synthetic perpetual volumes and total open interest suggest a more nuanced picture. Hyperliquid’s open interest reached notable levels, but it did not instantaneously eclipse the broader BTC open-interest landscape on centralized venues. The BTC futures market remains significantly larger on major exchanges, underscoring that a single venue’s day-to-day, on-chain pivots are unlikely to redefine a market’s entire price discovery process. The comparison to Binance’s BTC perpetual book—though highlighting relative strengths—also serves as a cautionary note that liquidity can concentrate unevenly across venues, often amplifying volatility during rapid price moves.

In the background, the market also dealt with substantial staking unlocks and historic inflows from large holders. Notable transfers and unlocks—such as a January 21 unlock of 1.47 million HYPE and a separate 1.5 million HYPE unlocked by wallets linked to a Tornado Cash cluster—underline how supply dynamics can shift quickly as large positions become eligible for sale or redistribution. Earlier, Continue Capital was reported to have sold significant quantities of HYPE—an element that complicates the narrative of sustainable demand, since selling pressure can reassert itself even after rallies driven by technical or flow-driven catalysts. Taken together, these developments illustrate how a confluence of corporate actions, on-chain activity, and external investor commentary can generate short-term volatility without necessarily signaling a structural shift in the token’s long-run trajectory.

Beyond the immediate price action, the broader market context matters. The ARK Invest assessment framed Hyperliquid as a participant in an ecosystem where DeFi derivatives could rival traditional exchanges on revenue efficiency, painting a picture of a market that is evolving toward more automated, decentralized liquidity provision. If that trend continues, investors may increasingly assess tokens not just by price momentum but by the resilience of their revenue models, the quality of on-chain activity, and the ability to sustain liquidity across multiple market regimes. As with any nascent crypto-asset narrative, a critical eye toward risk, counterparties, and regulatory developments remains essential for navigating the next phase of movement in HYPE or similar tokens.

What to watch next

Follow PURR’s treasury disclosures and any new corporate filings to assess whether HYPE remains a deliberate reserve asset or simply a transient inflow.

Monitor upcoming staking unlocks and related liquidity events to gauge potential selling pressure versus new demand from strategic holders.

Track on-chain flow shifts and open-interest dynamics across Hyperliquid versus larger venues like Binance, with attention to BTC perpetuals and related markets.

Watch for additional institutional coverage, particularly from research houses similar to ARK Invest, that may influence risk sentiment and flows into DeFi derivatives.

Be alert for further on-chain transfers associated with major market makers or custody providers that could signal evolving liquidity provision strategies.

Sources & verification

Hyperliquid price index and the price move to 34.90 from 21.80 within a two-day window (Cointelegraph).

Details on staking unlocks and price impact linked to HYPE (Cointelegraph).

Hyperliquid open-interest and volume context, including comparisons to other venues (DefiLlama-based data referenced in reporting).

ARK Invest Big Ideas 2026 report citing Hyperliquid as a revenue-efficient DeFi derivatives player (ARK Invest).

What the article changes the conversation about

Hyperliquid’s recent activity spotlights how on-chain flow, treasury partnerships, and institutional analysis can converge to spark a short-term price narrative even when broader market liquidity remains fragmented. The episode emphasizes the need to distinguish between transient catalysts and sustainable demand, especially in a market where large holders, staking unlocks, and cross-venue competition shape price trajectories. For traders, risk managers, and developers alike, the event underscores the ongoing importance of monitoring on-chain activity, counterparty exposure, and macro think pieces that frame DeFi derivatives within a broader finance ecosystem.

Source: X/ lukecannon727

Hyperliquid daily fees and perpetual volumes, USD. Source: DefiLlama

Source: X/ chameleon_jeff

This article was originally published as HYPE Surges 60% as Hyperliquid Growth Metrics Warn Gains Won’t Hold on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Vivek Ramaswamy-backed Strive disclosed a rapid post-merger milestone: it has retired about 92% of the debt it inherited from Semler Scientific and expanded its Bitcoin position after closing a preferred stock offering earlier this month. The company said it has added another 334 BTC to its balance sheet and is directing proceeds from the sale of Variable Rate Series A Perpetual Preferred Stock (SATA) toward debt reduction, Bitcoin accumulation, and related assets. The finance round attracted substantial demand, enabling Strive to lift its target raise from $150 million to $225 million, underscoring continued interest in corporate Bitcoin strategies even as markets oscillate.

The broader context is that Strive’s move follows a pattern seen among corporate treasuries seeking to harvest yields on crypto exposure without taking on more leverage. By pairing the debt paydown with tactical crypto buys, the company aims to strengthen its balance sheet while expanding its Bitcoin exposure—an approach that has become increasingly common in the years since large holders began converting cash reserves into digital assets.

Strive’s acquisition of Semler Scientific was finalized on Jan. 13 after the two parties agreed to merge the previous September. The combination created a vehicle for Strive to pursue a Bitcoin-centric treasury strategy with a more robust capital-raising mechanism. The company had signaled earlier this month that it would use the capital raised, along with available cash and potential proceeds from unwinding hedges, to retire liabilities and fund further Bitcoin-related purchases. In a notable move, Strive confirmed that it would deploy the proceeds to retire $110 million of Semler debt (92% of the inherited balance), including $90 million of convertible notes exchanged for SATA stock and the full repayment of a $20 million Coinbase credit loan. This repayment effectively unshackles its Bitcoin holdings from encumbrances and sets the stage for more rapid balance-sheet optimization.

Source: Matt Cole

With the Coinbase loan retired, Strive said its Bitcoin holdings are now fully unencumbered. The company plans to settle the remaining $10 million debt within about four months, a move that should further improve liquidity and flexibility for future purchases. Since the transaction, Strive has added 333.9 BTC at an average price of roughly $89,851, lifting its total holdings to 13,132 BTC with an approximate market value near $1.17 billion at current prices. The company also disclosed a quarterly Bitcoin yield of 21.2%, illustrating the pace at which its exposure is growing relative to its per-share metrics.

Following these steps, Strive has vaulted into a position among the top 10 corporate Bitcoin treasuries by holdings—a notable milestone for a company that has built its narrative around Bitcoin as a strategic asset rather than a mere hedge. The recent purchase and the debt-reduction agenda come as part of a broader push by corporates to deploy crypto in their treasury management, balancing risk with the potential for enhanced returns during a period of volatile macro conditions.

This development sits within a wider pattern of institutional adoption, where more than 190 publicly traded companies reportedly hold Bitcoin on their balance sheets, collectively owning about 1.134 million BTC—roughly 5.4% of the cryptocurrency’s total supply. The concentration of holdings is disproportionately skewed toward a few established players, with Michael Saylor’s managing affiliates maintaining a substantial share of corporate BTC. The broader market context remains one of cautious optimism: while crypto markets have shown resilience at times, corporate strategies, hedging activity, and regulatory developments continue to shape price and risk sentiment.

The ongoing evolution of Strive’s treasury approach reflects a broader trend toward using structured equity financing to support Bitcoin accumulation without increasing leverage. The SATA offering—driven by strong demand that pushed the target higher—illustrates investors’ willingness to back long-duration instruments tied to crypto exposure, provided the funds are deployed toward reducing debt and expanding holdings. The question for investors remains how enduring these strategies will prove, given the dual pressures of balance-sheet discipline and the intrinsic volatility of Bitcoin’s price.

As corporate treasuries navigate 2026, Strive’s experience could offer a blueprint for other firms weighing debt reduction alongside crypto accumulation. The company’s ability to retire a large portion of inherited obligations while keeping liquidity intact may influence how management teams structure future treasury operations, particularly in sectors with significant exposure to digital assets. However, execution risk remains clear: even with unencumbered BTC, balance-sheet management, hedging strategies, and regulatory scrutiny can introduce volatility that tests the long-term viability of such programs.

Why it matters

For investors, Strive’s actions underscore a continuing appetite for crypto-backed cash-flow strategies that do not rely on additional leverage. The combination of debt retirement and an expanded Bitcoin position signals confidence in the resilience of corporate BTC holdings as a component of strategic balance sheets, rather than a speculative bet. The rapid deleveraging tied to convertible notes and a sizable loan repayment demonstrates that even in a bear market, companies are willing to invest in durable capital structures that support crypto exposure.

From a market perspective, the move highlights how capital markets are pricing crypto treasuries as legitimate financial tools. The strong demand for SATA, which enabled the upsizing to $225 million, suggests that investors view long-duration equity linked to Bitcoin as a credible instrument when aligned with prudent balance-sheet goals. As more corporates weigh their own cryptocurrency programs, Strive’s progress—especially its transition to an unencumbered BTC position—adds to the dialogue about risk management, governance, and transparency in corporate crypto strategies.

For builders and policymakers, the episode raises questions about governance, disclosure, and the sustainability of treasury-centric models. If more companies pursue similar paths, there may be pressure to standardize reporting on crypto holdings, hedges, and debt instruments so markets can better assess risk and return profiles. The interplay between equity financings and crypto purchases, particularly in the face of regulatory shifts, will shape how such programs evolve in the coming quarters.

What to watch next

Release of detailed use-of-proceeds statements from Strive regarding the SATA offering closing and allocation of funds.

Monitoring the pace of debt repayment, including the remaining $10 million due within roughly four months.

Any further Bitcoin purchases or changes to hedging strategies as the company manages liquidity and exposure.

Regulatory developments affecting corporate crypto treasuries and disclosure requirements.

Sources & verification

Strive’s public disclosures on debt retirement and the Semler Scientific acquisition, including the $110 million retirement and the $90 million convertible notes exchanged for SATA stock.

Details of the SATA offering and its upsizing from $150 million to $225 million in response to roughly $600 million of demand.

The completion of the Semler Scientific acquisition on Jan. 13 following the September merger agreement.

The addition of 333.9 BTC at an average price of $89,851, bringing Strive’s total to 13,132 BTC, valued at about $1.17 billion.

The reported 21.2% quarter-to-date Bitcoin yield and the status of Strive as a top-10 corporate BTC treasury holder.

Industry-wide figures noting that more than 190 publicly traded companies hold Bitcoin on their balance sheets, collectively owning about 1.134 million BTC (roughly 5.4% of supply).

Bitcoin treasury expansion and debt retirement redefine Strive’s corporate treasury strategy

Strive’s financial moves this month mark a notable shift in how a corporate treasury can marshal capital to both deleverage and expand crypto exposure. By retiring a large portion of the debt it inherited from Semler Scientific and simultaneously increasing its Bitcoin holdings, the company is embedding digital assets more deeply into its core financial framework. The decision to use the proceeds from SATA to settle convertible notes and a Coinbase credit facility underscores a deliberate strategy to reduce liabilities while preserving ample liquidity for future buys. The unencumbered status of its Bitcoin portfolio stands out as a structural benefit, offering flexibility if market conditions or funding needs shift in the months ahead.

From a narrative standpoint, Strive’s approach blends traditional financing with crypto investment, signaling to investors that long-duration equity can serve as a bridge to balance-sheet optimization and asset accumulation. The upsized $225 million sale demonstrates investor appetite for instruments tied to Bitcoin exposure, provided the proceeds are channeled toward debt reduction and strategic acquisitions rather than amplified leverage. This combination matters because it could influence how other companies structure similar programs, particularly those seeking to weather volatility while building durable, crypto-linked revenue streams.

In practical terms, the retirement of the Coinbase loan and the conversion of $90 million of convertible notes into SATA stock illustrate a sophisticated approach to restructure liabilities in a way that clears the way for more aggressive asset accumulation without compromising financial stability. As corporate treasuries continue to emerge as a distinct asset class within the broader crypto ecosystem, Strive’s results may serve as a reference point for evaluating risk-adjusted returns, governance standards, and disclosure norms that will likely evolve as more firms explore Bitcoin’s role as a treasury asset.

This article was originally published as Strive Buys Bitcoin, Pays Off Debt from Semler Scientific Deal on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Officials in the Trump administration are preparing a Monday meeting between White House crypto policymakers and senior executives from the banking and digital-asset sectors as lawmakers push to revive the stalled CLARITY Act. People familiar with the plan described a gathering hosted by the White House’s crypto council that will bring together industry trade groups to dissect how the bill treats interest and other rewards tied to dollar-pegged stablecoins. The session comes amid a months-long delay in advancing the legislation through the Senate, where a Banking Committee markup has been postponed amid concerns over the way the proposal handles yield on stablecoins and the broader market-structure questions it raises.

Key takeaways

The White House is convening banking and crypto trade groups to discuss the CLARITY Act, focusing on how interest and rewards on stablecoins would be regulated under the bill.

Progress in the Senate has stalled due to disagreements over whether third parties should be allowed to offer yield on stablecoins, a point of tension between banks and crypto firms.

The GENIUS Act, passed in mid-2025, prohibits stablecoin issuers from paying interest, but leaves open whether intermediaries such as exchanges can provide rewards, creating regulatory ambiguity that fuels debate.

Banking-industry voices warn that permitting third-party yields could prompt deposit flight and tighten lending, with executives flagging potential macro and financial-system risks.

Crypto exchanges and some lobby groups argue that the proposed framework should not stifle competition or curb innovative financial products offered on stablecoins.

Sentiment: Neutral

Market context: The ongoing policy discussions come as the broader crypto sector awaits a stable regulatory framework that can balance investor protections with market innovation. The debate on who can offer rewards on stablecoins—issuers, exchanges, or other intermediaries—taps into wider questions about crypto market structure, custody, and the role of traditional banks in a rapidly evolving digital-asset landscape.

Why it matters

The CLARITY Act is conceived as a comprehensive attempt to delineate the regulatory responsibilities for digital assets in the United States, clarifying how oversight would be divided between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The central friction point—whether third-party yield on stablecoins should be permissible—has become a proxy for broader tensions between incumbents and crypto-native platforms. Banks argue that allowing yields outside issuer bailiwicks could undermine traditional deposit-taking and lending, potentially destabilizing the financial system if not properly constrained. In contrast, exchanges and a swath of industry groups contend that prohibiting or hamstringing yield on stablecoins would hamper innovation and could consolidate dominance among a smaller set of actors.

The GENIUS Act, enacted last year, is clear in prohibiting stablecoin issuers from paying interest. Yet it leaves a policy gap on whether other actors—such as exchanges or wallets—can extend rewards on stablecoins without running afoul of the letter of the law. This ambiguity has become a rallying point for both sides: banks fear a parallel liquidity channel that could siphon deposits, while crypto firms view permissible yields as a competitive faucet that could attract broader participation in dollar-backed digital assets. The standoff has grown into a test of how adaptable U.S. financial regulation can be when confronted with fast-moving blockchain-based products and shifting investor expectations.

The industry’s internal dynamics are telling. Some leading players, including major exchanges and advocacy groups, have urged lawmakers to embrace a more permissive approach that preserves competitive incentives for stablecoins and related services. Others—often representing traditional financial institutions and their lobbying arms—argue for tighter restrictions to preserve the integrity of the banking system and to prevent any unintended erosion of consumer protections. The upcoming discussions aim to translate these competing priorities into a framework that is both technocratic and politically viable, a delicate balance in a year marked by regulatory ferment and evolving market structure concerns.

What to watch next

Outcomes from the White House-hosted meeting on Monday, including any published recommendations or positions from trade groups.

Next steps in Congress, particularly any new timetable for the Banking Committee’s consideration of the CLARITY Act and potential amendments on stablecoin yields.

Public statements from major crypto players and banks about potential policy shifts, including positions from exchanges and advocacy groups.

Regulatory signals from federal agencies that could influence how stablecoins are treated under market-structure rules and investor protections.

Sources & verification

Official reports describing the White House crypto council gathering and the bill’s treatment of stablecoin yields (January discussions referenced in coverage of CLARITY Act talks).

Accounts of the Banking Committee’s postponement of a vote on the CLARITY Act amid concerns about stablecoin yield provisions.

Background on the GENIUS Act provisions limiting interest payments by stablecoin issuers.

Public remarks from banking executives and crypto leaders on the potential impact of yield-bearing stablecoins on deposits and lending.

Public statements from Coinbase and other industry participants regarding their positions on the bill and related policy gaps.

Policy clashes and a pivotal moment for stablecoins: what the CLARITY Act debate means for markets

As lawmakers press to unlock a clear regulatory path for digital assets, the current round of discussions signals a broader shift in how policy team members would like to see market-structure questions addressed. The central question is whether the U.S. should permit yield-bearing activities related to stablecoins through intermediaries, or whether such rewards should be restricted to issuers under a tighter regulatory umbrella. The administration’s outreach seeks to bridge the gap between banking-sector concerns and crypto-industry expectations, attempting to craft a compromise that preserves consumer protections while avoiding a policy bottleneck that could slow innovation across the rapidly evolving stablecoin landscape.

One of the most talked-about issues is how to interpret “interest” in the GENIUS Act framework and whether the term should apply strictly to issuer payments or also to rewards distributed by platforms that hold, exchange, or lend stablecoins. Proponents of a more flexible regime argue that third-party yields could enhance liquidity, reduce search costs for users, and foster a more resilient market. Opponents, conversely, warn that allowing such yields could unintentionally fragment the banking system by siphoning funds away from traditional deposits and complicating the regulator’s ability to monitor systemic risks. The proposed CLARITY Act aims to provide a regulatory compass by clearly allocating oversight responsibilities between the SEC and CFTC, a move that would help align policy with how digital assets are actually traded and used in practice.

The broader implications extend beyond the immediate policy text. If the administration and Congress can reconcile these tensions, the resulting framework could shape how stablecoins interact with conventional financial products, influence custody and settlement standards, and affect the competitive dynamics among exchanges, custodians, and traditional banks. For market participants, clarity would be a missing gear gradually turning into a lever—potentially unlocking institutional participation, influencing product design, and shaping investor expectations in an asset class that has already demonstrated a capacity for rapid leaps in liquidity and use-case adoption. The road ahead remains complex, but the ongoing conversations indicate a willingness to confront difficult questions head-on rather than defer them to a distant regulatory horizon.

As policymakers deliberate, market watchers will be watching not only the letter of the law but also how the text is interpreted in practice. The balance between encouraging innovation and maintaining safeguards will determine the policy’s ultimate effectiveness and its impact on liquidity, risk appetite, and the speed at which regulated markets can accommodate new digital-asset technologies. In the near term, the next set of decisions—whether via a fresh markup, amendments, or executive guidance—will be critical for traders, developers, and users who rely on stablecoins as a bridge between traditional finance and the crypto economy.

This article was originally published as White House Unites Banks and Crypto Firms as CLARITY Act Deadlock on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Ripple is expanding its enterprise finance push with a corporate treasury platform that blends traditional cash-management tools with digital asset rails. The offering weaves GTreasury’s treasury management software with Ripple’s blockchain and stablecoin rails to give treasurers a single interface for managing cash, payments, and liquidity while preserving existing controls and workflows. The aim is to tackle long-standing treasury frictions—multi-day settlement cycles and fragmented visibility across accounts—by shortening settlement times and reducing cross-border friction through programmable digital rails. The move signals a deeper push by Ripple into mainstream corporate finance, pairing familiar treasury processes with the efficiency and transparency offered by on-chain settlement.

Key takeaways

Unification of cash management and digital-asset rails: GTreasury’s platform is now integrated with Ripple’s blockchain and stablecoin rails, enabling cash, payments, and liquidity to be managed in a single system.

Settlement efficiency and cross-border clarity: the solution targets shorter settlement windows and clearer visibility across accounts to minimize reconciliation complexity in multinational operations.

Idle cash can earn yields outside banking hours: the platform supports yield strategies for cash that would otherwise sit idle, without compromising risk controls and policy constraints.

Stability and FX risk reduction: stablecoins are used for settlement to reduce foreign exchange exposure in cross-border transactions.

Strategic milestone in Ripple’s corporate-treasury push: the collaboration follows Ripple’s $1 billion acquisition of GTreasury and positions RLUSD as a key asset in on-chain treasury operations (CRYPTO: RLUSD).

Broader market context: the deployment aligns with a wave of tokenization efforts and 24/7 settlement initiatives across traditional finance infrastructure.

Tickers mentioned: $RLUSD

Market context: The rollout comes as institutional finance explores tokenization and around-the-clock settlement, with tokenization moves highlighting how traditional assets could be settled and managed more efficiently on-chain. The Securities and Exchange Commission has signaled openness to on-chain infrastructure, even as industry participants pursue approvals for tokenized securities and cross-border settlement platforms. In parallel, major clearinghouses and exchanges have advanced tokenization pilots for government and private securities, underscoring a broader shift toward digital-asset-enabled workflows.

Why it matters

The collaboration between Ripple and GTreasury is noteworthy because it embeds digital asset rails directly into established treasury workflows. By connecting GTreasury’s enterprise-grade cash-management capabilities with Ripple’s blockchain and stablecoins, enterprises can, in theory, run both traditional payments and digital-asset settlements from a single pane of glass. This is a meaningful step for treasuries seeking to consolidate liquidity management, payment execution, and compliance controls without ripping out existing governance frameworks.

One of the core advantages highlighted by the project is the potential to convert dormant cash into productive capital activity during off-hours. A corporate treasury head remarks that “there’s a huge amount of cash sitting with our corporate clients that doesn’t move nights and weekends.” If settlement times shrink to minutes rather than days, non-active cash could be deployed while maintaining policy constraints—an outcome that could improve overall liquidity efficiency and return on idle balances. The emphasis on visibility across both fiat and digital assets in a single platform responds to a long-standing pain point for treasurers who must reconcile disparate systems and data streams across borders and entities.

“There’s a huge amount of cash sitting with our corporate clients that doesn’t move nights and weekends. If settlement times shrink to minutes, that non-active cash can start to work for you.”

The platform’s design also targets a practical use case: cross-border settlements and liquidity management. By leveraging stablecoins for settlement, the solution aims to reduce foreign exchange exposure and settlement latency in multinational operations. The broader objective is to create a more seamless bridge between digital assets and fiat currencies, enabling a more transparent and auditable flow of funds within a single, auditable interface.

Ripple’s role as issuer of Ripple USD (RLUSD)—a US dollar-denominated stablecoin—underscores the emphasis on stable, predictable settlement rails. The token’s on-chain presence is complemented by a growing ecosystem around asset tokenization and on-chain settlement, a trend that regulators and industry participants are actively observing. RLUSD’s market footprint has grown to a notable size, with DefiLlama reporting a substantial market capitalization, illustrating how stablecoins are increasingly embedded in corporate treasury workflows as credible settlement assets.

Ripple USD market capitalization. Source: DefilLama

In announcing the platform, Ripple framed the integration as a natural extension of its broader enterprise strategy, which includes expanding the utility of its digital-asset rails beyond payments into cash management, liquidity optimization, and yield generation. The combination of GTreasury’s workflow-centric platform with Ripple’s rails is designed to preserve existing controls, approvals, and compliance policies while enabling faster settlement, better visibility, and more flexible cash deployment. The aim is not to disrupt established treasury practices but to augment them with a digital layer that can operate in tandem with traditional banking rails.

Source: Paul Atkins

The move sits within a wider industry cadence toward tokenization and on-chain settlement, evidenced by public regulatory and corporate actions described by industry participants. In December, the US Securities and Exchange Commission issued a no-action letter enabling a subsidiary of the Depository Trust & Clearing Corporation to launch a tokenization service for securities. SEC Chair Paul Atkins subsequently signaled a regulatory environment increasingly receptive to on-chain approaches, stating that U.S. financial markets are “poised to move on-chain” and that the agency is prioritizing innovation to enable this future. Meanwhile, the DTCC has outlined plans to tokenize US Treasurys on the Canton Network, a step it described as an initial phase with potential expansion to more asset classes over time.

Nasdaq has also prioritized tokenized securities, with leadership citing active moves to seek SEC approvals and accelerate the digitization of listed stocks. The New York Stock Exchange has likewise explored a platform for trading tokenized stocks and exchange-traded funds, including 24/7 trading and blockchain-backed settlement. Taken together, these developments illustrate a broader ecosystem shift toward on-chain settlement, with Ripple’s treasury platform nestled within a wave of corporate-finance and market-structure innovations.

What to watch next

DTCC Canton Network expansion to tokenized assets and the pace of regulatory approvals for on-chain securities (dates and milestones to verify).

Nasdaq and NYSE progress on tokenized equities and 24/7 settlement platforms (regulatory filings and pilot outcomes).

Enterprise adoption of Ripple Treasury powered by GTreasury: number of pilot customers and product rollout timelines.

Regulatory developments surrounding stablecoins in corporate treasury and cross-border settlements (policy updates and any notices affecting RLUSD).

Sources & verification

Blog post announcing Ripple Treasury powered by GTreasury features and integration.

GTreasury event page discussing the Ripple Treasury collaboration.

DefiLlama data on Ripple USD (RLUSD) market capitalization.

Announcement of Ripple’s GTreasury acquisition in October.

SEC and DTCC tokenization developments and related public statements.

Corporate treasury goes digital: Ripple’s new platform and the push toward 24/7 settlement

Ripple’s latest enterprise-facing platform marks a notable milestone in the convergence of traditional treasury management and digital-asset infrastructure. By embedding digital rails directly into GTreasury’s operational framework, the solution seeks to deliver a unified operating environment where corporate treasuries can execute payments, optimize liquidity, and deploy idle cash without leaving their established governance paths. The emphasis on minimizing settlement latency—whether for cross-border transactions or routine intrafirm transfers—aligns with a market-wide hunger for faster, more transparent settlement cycles that can operate beyond normal business hours.

The joint vision leverages stablecoins for settlement to maintain predictable price exposure and mitigate FX risk, a feature that could be especially attractive to multinational corporations with complex treasury footprints. The platform’s yield capabilities for idle funds promise to improve cash utilization by enabling disciplined, policy-compliant deployment during off-peak hours. While the technology enables new efficiencies, it also foregrounds the importance of governance, risk controls, and regulatory clarity—areas that Ripple and its partners emphasize as non-negotiable in enterprise-scale deployments.

Crucially, the latest development is set against a broader macro backdrop in which tokenization and 24/7 settlement are moving from aspiration to near-term feasibility across major institutions. The industry’s transition toward on-chain settlement is supported by high-profile regulatory moves, such as tokenization pilots led by DTCC and progress by Nasdaq and the NYSE. For treasurers, this means an ecosystem in which the boundary between fiat and digital assets becomes increasingly porous, but within a framework that preserves auditable controls and corporate governance standards. The result could be a more resilient, transparent, and responsive treasury function capable of driving liquidity efficiency in a global, real-time payments landscape.

This article was originally published as Ripple Enters Corporate Treasury via GTreasury-Based Platform on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

With the 2026 U.S. midterm elections approaching, crypto-backed political action committees are intensifying their lobbying push on Capitol Hill as regulators weigh fresh digital asset rules. Fairshake, a cryptocurrency industry–funded PAC, has mobilized substantial financial reserves and mobilized support from high-profile donors as part of a broader strategy to shape policy. As of January, Fairshake reported about $193 million in cash on hand, a roughly 37% uptick from its July disclosure, underscoring the scale of industry investment in political leverage ahead of the election cycle. Donors named in recent disclosures include Ripple Labs and a16z, with $25 million and $24 million respectively, along with Coinbase contributing $25 million in 2025. This funding surge arrives amid ongoing debates about consumer protections, innovation, and access to financial services in the United States.

The capacity of Fairshake to amass funds reflects a broader pattern in which crypto-aligned groups use a combination of formal political action committees and affiliated “dark money” entities to influence public policy. Fairshake’s spokesperson, Josh Vlasto, has framed the effort as a defense of consumer rights and American technological leadership, emphasizing the aim to safeguard innovation while expanding financial inclusion. Yet the public record shows that some of these numbers and affiliations operate with limited transparency. In January, Fairshake asserted a substantial cash position, but the $193 million figure had not yet appeared in Federal Election Commission filings as of the time of reporting, leaving observers to watch for future disclosures to verify the scale of industry influence.

Beyond Fairshake, the 2024 election cycle already illustrated a more aggressive posture for crypto-aligned groups. The PAC disclosed spending in excess of $130 million on media buys to back candidates deemed friendly to crypto interests, a figure that reflected a high-water mark for industry political activity. In January 2025, Vlasto signaled that the effort would persist into the 2025 cycle and beyond, hinting at intensified activity as the 2026 race neared. This momentum coincides with regulatory discussions on a sweeping framework for digital assets, touching areas from consumer protections to taxation and market structure.

Historical context in the sector shows a pattern of high-profile fundraising and public messaging. For example, as discussions about crypto policy heated up in recent years, donors tied to exchanges and blockchain ventures have supported committees aligned with pro-crypto candidates. The 2025 disclosures also mention that entities connected to Gemini and Crypto.com contributed to a pro-crypto Super PAC backing a high-profile political slate associated with former President Donald Trump, with reported contributions totaling around $21 million in January. In another notable move, Cameron and Tyler Winklevoss personally transferred $21 million in Bitcoin to the Digital Freedom Fund PAC in August, signaling how individual crypto executives can blend entrepreneurship with political advocacy.

The ecosystem also features groups that describe themselves as champions of innovation and digital freedom. The Fellowship PAC, which positioned itself as a pro-innovation, pro-crypto committee, claimed it had $100 million on hand as of September in one of its public self-descriptions. Kraken, a crypto exchange, aligned with broader anti-regulation coalitions by committing $2 million to back a Freedom Fund PAC and another pro-crypto outfit, reinforcing the alliance between exchange liquidity and political influence. These moves illustrate a broader strategy to sustain a messaging apparatus that argues for relatively lenient regulation and robust market access for digital assets.

Amid the funding activity, industry participants have named specific races and candidates as focal points for crypto advocacy. The political landscape includes veteran lawmakers and next-generation figures whose committees could influence policy outcomes. For instance, races featuring former Ohio Senator Sherrod Brown aiming to retake a seat and the high-profile Senate bid of XRP-related litigation advocate John Deaton in 2026 have attracted attention. The XRP-focused advocate’s entry into the race underscores how the sector mobilizes legal and regulatory narratives around ownership rights in digital assets. The broader implication is that crypto stakeholders view the 2026 cycle as a potential inflection point for Congress’s stance on technology policy, digital currencies, and financial innovation. The discussion remains deeply intertwined with debates over whether a pro-crypto tilt might emerge in the new Congress, echoing conversations from prior midterms about regulation, taxation, and innovation incentives.

As the activity expands, observers have raised concerns about transparency and governance. Some industry-watchers caution that not all donors disclose their identities or motives through “dark money” groups, complicating the public’s understanding of who is funding political messaging, candidate support, and opposition campaigns. The sector’s critics argue that while there is a legitimate interest in shaping policy to foster innovation, a lack of disclosure can obscure potential conflicts of interest and raise questions about accountability in the political process. The dynamic is part of a broader pattern in which technology-driven industries employ sophisticated fundraising networks to influence public policy and regulatory outcomes.

Looking back, the crypto lobby’s reach into campaign finance sits at the intersection of a rapidly evolving technology landscape and a Congress weighing its future. A widely cited narrative in industry coverage highlights the possibility that history may repeat itself, with periods of intense lobbying followed by shifts in legislative posture. In a piece that reflected on past midterms, observers pondered whether the 2026 cycle could produce a more receptive environment for digital assets or whether heightened congressional scrutiny would demand greater compliance and consumer safeguards. The tension between innovation and regulation remains a central theme for stakeholders across the crypto ecosystem as they prepare for a new chapter of political engagement.

Why it matters

For investors, the ongoing lobbying activity signals the prioritization of regulatory clarity and policy predictability, factors that directly influence market liquidity and fundraising context. A more favorable regulatory environment could unlock capital flows and product developments, while sustained uncertainty may curb investment and slow innovation. For developers and businesses building on blockchain technology, the political maneuvering underscores the necessity of engaging with policymakers to articulate the potential benefits of on-chain infrastructure, digital payments, and regulated crypto markets. For voters, the discussions translate into policy choices that could impact consumer protections, financial inclusion, and the pace of technological innovation in the United States. The interplay between campaign finance and policy outcomes remains a key area to monitor as lawmakers draft and deliberate regulatory proposals that will shape the sector for years to come.

The broader market context reinforces that activity in Washington aligns with wider shifts in risk sentiment and regulatory expectations. As the crypto sector navigates potential ETF approvals, tax considerations, and market integrity measures, industry advocates argue that a well-targeted regulatory framework can reduce uncertainty, encourage legitimate innovation, and facilitate broader participation in the digital economy. Yet skeptics warn that the sheer scale of industry fundraising may tilt policy debates toward commercial interests, making independent oversight and transparent governance all the more critical for a healthy, competitive landscape.

What to watch next

Upcoming FEC filings for Fairshake and related affiliates, including the formal disclosure of the January cash figure and donor details.

New donor announcements from Ripple, a16z, Coinbase, and other industry players as the 2026 cycle unfolds.

Regulatory milestones or proposed framework elements that detail consumer protections, market structure, and oversight for digital assets.

Public mentions of additional crypto-aligned PACs or dark money groups and their disclosed contributions in 2025–2026.

Sources & verification

Federal Election Commission filings for the Fairshake committee (C00835959) and related disclosures.

Donor amounts attributed to Ripple Labs, a16z, and Coinbase as reported in 2025 disclosures.

Historical spending on media by Fairshake—reported figures exceeding $130 million for 2024 campaigns.

Contributions from Gemini and Crypto.com to pro-crypto committees in 2025 and linked BTC transfers by the Winklevoss twins to the Digital Freedom Fund PAC.

Public statements and race considerations involving Sherrod Brown, John Deaton, and other candidates discussed in the context of crypto policy.

Crypto political influence heats up ahead of the 2026 midterms

Crypto-backed political action committees have expanded their reach as regulators press forward with proposals to structure the industry. Fairshake’s disclosed cash reserves and the constellation of donor commitments highlight a sustained effort to influence electoral outcomes at a moment when policy choices could define the trajectory of blockchain-based financial services in the United States. The combination of large-dollar contributions from major crypto players and high-profile pro-crypto messaging underscores the sector’s belief that policy clarity can unlock both innovation and broader public access to digital assets. As lawmakers weigh the trade-offs between consumer safeguards and the incentives to innovate, the outcome of the 2026 midterms will likely shape the regulatory environment for years to come. The ongoing dialogue between industry participants and policymakers will continue to influence tax treatment, market oversight, and the future of financial infrastructure built on distributed ledgers. Opportunities and risks abound, and both investors and users will be watching closely how these political dynamics unfold in the months ahead.

This article was originally published as Crypto PAC Nets $193M After Donations From Ripple, Coinbase and a16z on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Key Insights

XRP recorded three consecutive daily gains, ending a multi-week pause in short-term momentum.

Spot XRP ETFs have posted net inflows since Jan. 21, signaling continued institutional exposure.

Price remains below $2 resistance, leaving uncertainty around follow-through strength.

XRP continued a three-day price increase this week, with the most significant consecutive gains in almost three weeks. The move has renewed market attention as technical signals, ETF flows, and regulatory developments align. Although there has been an improvement in the momentum indicators, XRP still trades under key resistance lines which may determine its future movement.

XRP Price Action Tests Key Technical Levels

According to TradingView data, XRP recovered after hitting a support zone around $1.80 at the beginning of the week. The asset increased by over 7% on Monday, January 26, and recorded further gains in the two sessions that followed. The series was the first series of daily gains since early January.

Source: TradingView

Despite the rebound, XRP remains capped below critical resistance. At the time of writing, the token trades near $1.92. The price has tested the 0.786 Fibonacci level around $1.93 multiple times on the daily chart. Above this area sits the $2 psychological level, which continues to act as a technical barrier.

Market Capitalization and Regulatory Signals

The market capitalization of XRP has improved after contracting in the recent past. According to CoinMarketCap data, the metric rose to about $110 billion and gained over $7billion in three days. The increase in market capitalization usually indicates greater demand and more trading events.

Regulatory positioning also remains in focus. The Ripple executives have once again shown support for the U.S. digital asset laws, such as the Crypto Market Structure Bill that is set to be passed. The latest legislative advancements indicate that policymakers can move closer to completing the framework. These signals tend to affect capital allocation decisions by institutional actors.

ETF Inflows Reflect Institutional Positioning

Spot XRP exchange-traded funds have been registering steady net inflows in the last week. Coinglass states that the total ETF flows in all five active XRP products have been positive since January 21. The trend was after a steep outflow of GXRP by Grayscale on January 20 that had momentarily strained the aggregate figures.

Since then, ETFs from Canary Capital, Franklin Templeton, 21Shares, and Bitwise have maintained steady inflows. This trend indicates continued institutional action rather than speculative action. With the addition of enhancing price stability, ETF data indicates a sustained interest in the absence of technical resistance being overcome.

In general, the three-day rally of XRP signifies the improvement of the market state. However, resistance near $2 remains a defining level that traders continue to monitor closely.

This article was originally published as XRP Holds Three-Day Rally as ETF Inflows and Resistance Tests Shape Outlook on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

error code: 524

This article was originally published as Dubai Insurance Unveils Crypto Wallet for Premiums and Claims on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

error code: 524

This article was originally published as How High Could HYPE Price Jump After a 58% Gain in 72 Hours? on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Editor’s note: A new Global AI for Finance Competitiveness Index places Saudi Arabia and the UAE among the world’s top ten markets for AI adoption in financial services, ranking 7th and 9th respectively. Released by Deep Knowledge Group with the Hong Kong Financial Services Development Council as observer, the index benchmarks 20 countries and 15 city hubs on finance-grade AI capability, maturity, and deployment readiness. The results highlight how Gulf markets are moving beyond experimentation toward operational use of AI in regulated finance, with Saudi Arabia scaling rapidly and the UAE demonstrating strong execution across institutions.

Key points

Saudi Arabia ranks 7th globally, cited as the Gulf’s fastest-scaling market for AI-enabled finance.

The UAE ranks 9th, recognized for turning AI capability into deployed systems in regulated markets.

The index evaluates countries and city hubs on deployment readiness, institutional capacity, and ecosystem breadth.

Leaders are defined by production-grade AI adoption, not research output alone.

Why this matters

The rankings underscore a shift in AI for finance from pilot projects to infrastructure-level deployment. For builders, banks, and regulators in the Gulf, this signals growing expectations around governance, auditability, and resilience. For investors and market participants, it highlights where capital, talent, and policy alignment are converging to support scalable AI use in financial services. The results also position the region as an increasingly relevant testbed for finance-grade AI under real regulatory constraints.

What to watch next

How Saudi Arabia translates rapid scaling into sustained, production-grade deployments.

The UAE’s continued rollout of AI systems within regulated financial institutions.

Updates to the index methodology and future editions tracking maturity over time.

Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.

Hong Kong, 28 January 2026: Saudi Arabia and the UAE have been ranked 7th and 9th respectively in the Global AI for Finance Competitiveness Index (GAICI), which was released today by Deep Knowledge Group with the Hong Kong Financial Services Development Council (FSDC) serving as an observer.

Access the full report here.

The index provides a benchmark analysing AI competitiveness from a finance, economy and financial services perspective. It combines a global landscape overview of AI adoption in finance with an indicator-based competitiveness index that ranks 20 countries and 15 city-level finance hubs on AI-for-Finance capability and maturity.

Saudi Arabia has emerged as the Gulf’s fastest-scaling contender in AI-enabled finance, securing a remarkable 7th place globally in the index. This achievement underscores the country’s ambitious drive to integrate AI within its financial systems, fueled by state-led investments and a strategic focus on modernizing its financial infrastructure. While not yet a mature global finance hub, Saudi Arabia is quickly building the capabilities to become a key player in AI for finance. The nation’s rapid AI adoption is propelled by its institutional commitment and capital investment, positioning it as a major force in shaping the future of finance in the Gulf region.

The UAE stands out not only for its technological capability but also for its ability to turn AI potential into operational financial systems. This unique combination of state-driven AI development, a globally oriented financial ecosystem, and robust institutional execution makes the UAE a front-runner in deploying AI in regulated financial markets. As a “system builder,” the UAE competes not on the sheer volume of research output but on its speed of AI adoption, regulatory modernization, and efficient deployment pathways. Its ability to rapidly implement AI programs, set clear regulatory frameworks, and scale AI-powered financial tools has positioned it as a global testbed for finance-grade AI.

“Saudi Arabia’s rapid scaling in AI-driven finance is a testament to its strategic vision and ability to turn ambition into action,” said Dmitry Kaminskiy, General Partner of Deep Knowledge Group. “The Kingdom’s strong institutional backing and focus on infrastructure development are setting the stage for long-term success. Prioritizing AI adoption in critical financial services, Saudi Arabia is positioning itself to become an essential player in the global AI finance ecosystem.”

“The UAE’s unique position in the AI for Finance Index highlights its ability to not just innovate but to efficiently deploy AI systems that meet the rigorous demands of regulated financial markets. This makes the UAE a key player in shaping the future of finance through AI across the globe,” Kaminskiy added.

The index is led by the United States (98.84) and China (83.41), followed by the United Kingdom (78.26) and Switzerland (73.09), with Singapore (69.12) next. The leaders are not defined by a single strength, but by multi-pillar performance that supports production-grade AI in finance—including deployment readiness, institutional capacity, and ecosystem breadth. The U.S. leads with large-scale capability across AI, capital markets, and financial services adoption. China ranks second on the strength of ecosystem scale and rapid implementation dynamics in AI-enabled financial services. The U.K. and Switzerland follow as high-performing financial centres where strong institutional environments and finance-grade expectations—governance, accountability, and risk discipline—support consistent AI adoption. Singapore rounds out the top tier, reflecting strong ecosystem coordination and high deployment readiness relative to its size.

“The leaders in this index are not simply ‘AI-strong’; they are strong at converting AI capacity into deployed financial systems—where governance, resilience, and market integrity are non-negotiable,” Kaminskiy continued.

Meanwhile, city-hub ranking places New York (99) and London (81) first and second, with Hong Kong (76) third—reflecting their combined advantages in market connectivity, institutional concentration, and capital formation for AI-enabled financial activity. The next positions—San Francisco (70) and Shanghai (67)—reflect the interaction between AI capability and financial-market pull. Mid-table hubs (e.g., Toronto, Singapore, Tokyo, Chicago, Riyadh) typically show strengths in one or two dimensions but less complete end-to-end breadth. Lower-ranked hubs are often constrained by thinner ecosystem density, fewer scalable deployment pathways into regulated institutions, or weaker global market connectivity. Moving up the ranking generally requires (i) strengthening capital-formation and listing pathways, (ii) expanding production-grade adoption mechanisms across regulated institutions, and (iii) increasing ecosystem breadth so that AI capabilities translate into repeatable, auditable deployments rather than isolated pilots.

Dr King Au, Executive Director of the FSDC, remarked, “Hong Kong’s ranking among leading global finance hubs reflects the city’s excellent market connectivity and top-notch institutional quality—two conditions that matter when AI for finance must operate under finance-grade expectations.”

Dr Patrick Glauner, Professor of AI at Deggendorf Institute of Technology, a co-author of the report, noted, “In finance, competitive advantage comes from trustworthy AI—models that are explainable, auditable, and robust under real-world constraints. The index makes clear that deployment quality matters as much as innovation.”

Additional Key Findings

AI for finance is shifting from novelty to infrastructure: competitive advantage now reflects repeatable deployment in regulated workflows.

Top-ranked countries pair ecosystem scale with execution capacity: strong performance typically requires strength across multiple pillars, not one-off advantages.

The hub ranking underscores concentration: AI-for-finance activity clusters in a limited set of global financial centres with strong market infrastructure.

Model governance and assurance are central: monitoring, auditability, and operational resilience are becoming baseline expectations.

Data exchange and interoperability remain most common bottlenecks in mid-tier markets.

Strategic takeaway: the next phase of competition is about institutionalisation—turning tools into operating systems.

About Deep Knowledge Group

Deep Knowledge Group is a consortium of commercial and non-profit organizations active on many fronts in the realm of DeepTech and Frontier Technologies (AI, Longevity, FinTech, GovTech, InvestTech), from scientific research to investment, entrepreneurship, analytics, media, philanthropy, and more.

About Financial Services Development Council (FSDC)

The FSDC was established in 2013 by the Hong Kong Special Administrative Region Government as a high-level, cross-sectoral advisory body to engage the industry in formulating proposals to promote the further development of financial services industry of Hong Kong and to map out the strategic direction for the development.

In September 2018, the FSDC was incorporated as a company limited by guarantee. This change allows it to better discharge its functions through research, market promotion, and human capital development with greater flexibility.

This article was originally published as KSA and UAE Rank in Global Top 10 for AI in Finance Competitiveness on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Editor’s note: Investcorp Saudi Arabia has entered a distribution agreement with Stake to expand access to select international real estate opportunities through Stake’s digital platform. The partnership combines Investcorp’s institutional investment process and due diligence with Stake’s app-based investing experience, enabling individual investors to participate in offerings typically reserved for institutions. The move aligns with Investcorp’s broader digital platform strategy, following the rollout of its Investcorp Wealth app, and operates within Saudi Arabia’s CMA regulatory framework. An initial US-based offering has already seen strong participation, with a second tranche now available on Stake.

Key points

Investcorp partners with Stake to distribute select international real estate investments via a digital app.

Offerings target individual investors seeking access to institutional-grade opportunities.

The initiative complements Investcorp’s existing digital platform strategy.

All products are structured under Saudi Arabia’s CMA regulatory framework.

A first US-based offering drew strong demand; a second tranche is live.

Why this matters

The agreement highlights how established asset managers are using fintech platforms to widen access to private markets in the MENA region. For investors, it signals growing availability of global real assets through regulated digital channels. For the market, it reflects a broader shift toward technology-enabled distribution, where compliance, due diligence, and user experience converge to support participation beyond traditional institutional circles.

What to watch next

Investor uptake of the second US-based tranche on the Stake platform.

Potential expansion to additional geographies or asset types under the agreement.

Further integration of Investcorp offerings within Stake’s digital ecosystem.

Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.

Riyadh, Kingdom of Saudi Arabia, January 28th, 2026: Investcorp Saudi Arabia Financial Investments Company (together with its affiliates, “Investcorp”), a leading global alternative investment manager, has expanded its digital platform offering through a distribution agreement with Stake, the MENA region’s leading digital real-estate investment platform. The partnership provides investors with access to select international real estate opportunities via the Stake digital application, combining Investcorp’s institutional‑grade investment expertise and rigorous due diligence with Stake’s world-class technology‑enabled user experience.

Through the Stake platform, investors are able to participate seamlessly in opportunities traditionally available only to institutional partners, reinforcing Investcorp’s commitment to broadening access to private markets through digital innovation.

The agreement forms part of Investcorp’s broader strategy to build a global digital platform ecosystem, following the wider launch last year of its proprietary, award‑winning Investcorp Wealth mobile app, which provides investors with a streamlined gateway to private market investments. The joint initiative with Stake represents a complementary expansion of this strategy, extending Investcorp’s digital reach through a leading third‑party fintech platform.

All offerings made available under the agreement are structured within the regulatory framework of the Capital Market Authority (CMA) of the Kingdom of Saudi Arabia, which has established a progressive and forward‑looking regime designed to broaden investor participation in private investment funds, while maintaining robust standards of investor protection and compliance.

Mashaal Al Jomaih, CEO of Investcorp Saudi Arabia, said: “Investcorp is committed to redefining access to private markets through digital innovation, and strategic partnerships with platforms such as Stake are a key pillar of our global digital platform strategy. This agreementenables individual investors to participate in high‑quality opportunities historically reserved for institutions, combining Stake’s advanced technology with our global investment capabilities and disciplined approach.”

Manar Mahmassani, Co‑Founder and Co‑CEO of Stake, commented: “As we continue to make real estate investing more accessible, partnering with top tier investment managers like Investcorp allows us to bring high-quality opportunities to our users. This partnership brings us one step closer to our vision of enabling investors worldwide to access prime, institutional-grade global real estate investments through a single digital platform.”

The first US‑based offering launched under the agreement attracted strong investor demand, with participation from thousands of investors. A second tranche is now live on the Stake platform.

About Investcorp

Investcorp is a global investment manager specializing in alternative investments across four asset classes: Private Equity (mid-market buyouts, growth investments, and GP staking), Real Assets (real estate and infrastructure), Credit (CLOs, broadly syndicated loans and structured credit, and middle market direct lending), and Liquid Strategies (absolute return investments and insurance asset management).

Since its inception in 1982, Investcorp has focused on generating attractive returns for its clients and creating sustainable long-term value by employing a disciplined investment process, leveraging deep sector expertise, and drawing on the resources of a global platform.

Investcorp invests its own capital alongside its clients, aligning interests across its investment strategies, and is committed to responsible investing and sustainable value creation within portfolio companies and the communities in which it operates.

Today, Investcorp manages approximately US $60 billion in assets, including assets managed by third party managers. The firm operates from 14 offices across the United States, Europe, the GCC, and Asia – including India, China, Japan, and Singapore – and employs approximately 500 professionals representing over 50 nationalities worldwide.

For further information, visit http://www.investcorp.com/ and follow us @Investcorp on LinkedIn, X and Instagram.

About Stake

Regulated by the Capital Market Authority (CMA) in Saudi Arabia for fund distribution and regulated by the Dubai Financial Services Authority (DFSA) for fractional properties, Stake has built a community spanning over 2 million users from 211+ nationalities and has enabled over 250,000 investments across 3 real estate funds and 500+ properties, paying out over AED 59.5 million in rental income and surpassing AED 1.4 billion in real estate transactions to date. Stake is backed by prominent investors such as Saudi Aramco’s Wae’d Ventures, Mubadala Investment Company, MEVP, Property Finder and Republic.com.

For further information, visit http://www.getstake.com and follow Stake on LinkedIn, Instagram, YouTube, X, and Facebook.

Media Contacts

For Investcorp:

Firas El Amine

+973 175 15404

felamine@investcorp.com

For Stake:

Yasmeen Dahbour

+971 52 1414130

yasmeen@getstake.com

This article was originally published as Investcorp Expands Digital Platform via Stake Partnership in Saudi Arabia on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Speculative capital is shifting away from cryptocurrency markets and toward other high-growth tech narratives, notably artificial intelligence and robotics, according to research from Delphi Digital. In a Wednesday post on X, the firm argued that last year’s underperformance across altcoin sectors dented crypto’s appeal as a default destination for risk-seeking capital. The takeaway is not simply a reshuffle within crypto, but a broader competition for speculative dollars as investors chase narratives with the most dynamic risk-adjusted returns. The post highlights how crypto must compete with every exponential technology thesis vying for attention and money in a crowded tech landscape.

“Crypto isn’t just competing with other crypto anymore. It’s competing with every exponential technology narrative vying for speculative dollars.”

The implications of this shift extend beyond narrative sentiment. Market data show a relative deterioration in crypto prices against select tech-enabled sectors. Bitcoin (CRYPTO: BTC) has slipped about 12% over the past year, while the Global X Robotics and Artificial Intelligence ETF has gained roughly 13% over the same period, according to TradingView. In contrast, altcoins outside the top 10 have fared worse, with declines surpassing 30% in many cases. The juxtaposition underscores a landscape where risk appetite is increasingly tethered to the perceived upside of AI and robotics rather than a broad crypto beta.

BTC, Others, BOTZ, one-year chart. Source: Cointelegraph/TradingView

As Aurelie Barthere, principal research analyst at crypto intelligence platform Nansen, notes, the outflow from crypto into AI-themed plays is not solely about price momentum. “Another key factor is the repricing of Fed rate cuts, with markets now pricing an elevated terminal rate of around 3.8% over the next five years, which tightens liquidity conditions for risk assets,” Barthere told Cointelegraph. She adds that crypto-specific headwinds are accumulating amid broader macro pressures and ongoing regulatory uncertainty.

The regulatory environment has become a material driver of sentiment. This week, the US Senate Agriculture Committee delayed a markup of its version of the Market Structure bill to Thursday from Tuesday due to a severe winter storm, a development Cointelegraph reported earlier. The delay signals continued legislative uncertainty at a time when crypto markets are grappling with liquidity constraints and questions about how new rules will shape market structure, exchange transparency, and enforcement. The outcome of this process remains a watch item for asset allocators who want to understand how any forthcoming framework may affect crypto flows relative to traditional tech equities and ETFs focused on AI and robotics.

On the funding side, the past year has seen a paradox: while risk capital is pulling back from some corners of crypto, interest remains robust in robotics and AI. CrunchBase data show robotics startups raised a cumulative $13.8 billion in 2025, up from $7.8 billion in 2024 and exceeding the prior record of $13.1 billion in 2021. This surge reflects continued VC appetite for real-world deployment potential in automation, perception systems, and autonomous capabilities. In the same period, crypto-focused venture activity remained resilient but cooled somewhat, with VC funding reaching about $18.2 billion across 902 deals in 2025, up roughly 80% from $10.1 billion across 1,548 deals in 2024, according to Rootdata.

Year-end data reveal a dramatic slowdown in deal activity, even as overall investment remained elevated relative to early 2024. November closed with about $3.1 billion raised across 67 deals in crypto, followed by December’s $700 million across 59 deals, marking a sharp 77% monthly decline. The broader context includes a notable October event—the record $19 billion crypto market crash that occurred as geopolitical tensions and regulatory anxieties weighed on markets. That event, described by market trackers as the largest liquidation wave since the April 2021 spike, helped cool demand for riskier crypto exposure as investors recalibrated assumptions about risk, liquidity, and leverage. The dynamics underscore a market entering a state of recalibration, with capital seeking alignments between disruptive tech narratives and risk-managed exposure in crypto markets.

Alongside these developments, high-profile pieces of market data and analysis have emphasized a broader pattern: capital is chasing opportunities with clearer, near-term applicability in AI-driven products and automated systems. The divergence in performance between a benchmark like BTC and a robotics-focused ETF illustrates a bifurcated investment thesis becoming more pronounced in late 2025 and into 2026. The debate now centers on whether crypto assets can reassert a unique growth narrative or whether the next phase of speculative capital resides primarily in AI-enabled platforms and robotics-enabled services.

Market reaction and key details

Delphi Digital’s takeaway centers on a reallocating investor base. The firm asserts that crypto’s risk premium has shifted as investors weigh the potential of AI-centric sectors against the more uncertain tail risks associated with crypto-native innovations. This thesis is reinforced by the price trajectories of the period: while BTC retraced, robot-focused equities, and related AI exposure captured attention and capital in a way that crypto did not. The narrative suggests a multi-asset environment where portfolios diversify into AI, robotics, and automation themes to balance volatility and potential upside.

The macro backdrop—policy expectations, rate trajectories, and legislative progress—will continue to shape how capital flows between crypto and alternative technology narratives. With the Fed’s terminal rate being priced higher than earlier expectations, liquidity tightness in risk assets is likely to persist. Policymakers’ actions on regulatory clarity will also play a decisive role in determining whether crypto can re-enter the risk-on mix or remain relatively anchored as a niche within the broader technology landscape.

Investors should also watch for developments in robotics and AI deployment. The robust fundraising activity in robotics, contrasted with crypto venture capital, suggests a bifurcated risk environment where automation technologies may provide more immediate cost savings and productivity gains. For market participants, the question is whether crypto can demonstrate differentiated value—such as programmable money, on-chain asset security, or novel financial primitives—that excites a similar level of risk appetite as AI and robotics narratives.

From a liquidity and market structure perspective, ongoing regulatory scrutiny and potential policy changes will influence how capital is allocated across risk assets. The liquidity landscape remains a critical variable for traders and institutions evaluating the relative attractiveness of crypto versus AI-enabled tech groups. The possibility of further regulatory clarity—whether through comprehensive crypto legislation or more targeted reforms—could either unlock or constrain the ability of crypto markets to attract speculative capital aligned with cutting-edge technology themes.

Why it matters

For traders, the shift toward AI and robotics signals a broader redefinition of where growth can come from in the tech sector. Crypto may need to demonstrate distinctive capabilities—such as improved settlement efficiency, programmable financial tools, or novel tokenized ecosystems—to regain a leadership role in speculative capital allocation. For builders and founders, the data points to a competitive landscape where robotics and AI startups attract capital and talent at a time when crypto ventures face heightened scrutiny and regulatory uncertainty. The evolution also matters for policy-minded readers who watch how regulatory clarity and policy incentives influence the relative appeal of crypto versus other exponential technologies.

Investors in the crypto space should prepare for a more nuanced contribution landscape. A bifurcated market could persist, with AI and robotics narratives drawing capital to propulsive business models while crypto markets consolidate and await clearer regulatory guidance. This environment may translate into distinctive risk/return profiles across sectors, underscoring the importance of diversified exposure and disciplined risk management as the technology investment cycle evolves.

Ultimately, the narrative is about timing, transparency, and the alignment of capital with durable value creation. As AI and robotics ecosystems mature, they may offer tangible returns that appeal to risk-tolerant investors, while crypto markets adapt to tighter monetary conditions and ongoing policy negotiations. The path forward will depend on policy outcomes, macro liquidity, and the pace at which AI-enabled solutions scale across industries, creating a broader ecosystem of demand for advanced technologies beyond digital assets alone.

What to watch next

Regulatory progress on the Market Structure bill: any firm scheduling of a markup or clarifications that affect crypto exchanges and on-chain activity.

Macro policy signals: Fed rate decisions and updated rate-path expectations that influence liquidity for risk assets.

Robotics/AI funding trends: continued VC data for 2026 and potential record-breaking rounds in AI/automation.

Market reactions to policy outcomes: liquidity availability and how the crypto market adapts to policy clarity or further uncertainty.

Sources & verification

Delphi Digital’s X post citing the shift of speculative capital toward AI and robotics narratives.

TradingView data on Bitcoin price performance and the Global X Robotics and Artificial Intelligence ETF performance.

CrunchBase data on robotics startup fundraising for 2025.

Rootdata data on venture funding in crypto for 2025, including deal counts and totals.

Cointelegraph reporting on US Senate Agriculture Committee delay of the Market Structure bill markup and broader regulatory context.

Shifting capital: Crypto markets pivot toward AI and robotics amid policy headwinds

Speculative capital appears to be rotating away from broad crypto exposure and toward technologies with clear, near-term productivity and deployment advantages. Delphi Digital’s analysis highlights a multi-asset dynamic in which investors are weighing the potential upside of automated systems, machine perception, and autonomous processes against the volatility and regulatory risk still attached to crypto markets. The narrative underscores a growing skepticism among risk-tolerant traders who once treated crypto as a primary growth engine but are now chasing opportunities in AI and robotics that promise tangible, real-world applications and scalable economics.

The data narrative supports a tale of divergent performance. Bitcoin (CRYPTO: BTC) has retraced over a 12-month horizon, while the robotics and AI space has shown resilience with an ETF proxy delivering positive returns. Altcoins outside the leading ranks have fared far worse, with many recording declines well into double digits. The disconnect between crypto price action and AI/robotics performance raises questions about the resilience of crypto’s risk premium and whether the sector can reestablish a compelling growth narrative amid a sea of competing technology stories.

Beyond price action, the broader macro backdrop is shaping risk sentiment. Market participants are recalibrating expectations for rate cuts and the trajectory of the terminal rate, now priced higher than earlier in the cycle. This repricing tightens liquidity for risk assets, including digital assets, and nudges investors toward assets with clearer cash flows or scalable business models such as automation and AI-enabled services. The regulatory horizon adds another layer of uncertainty, particularly as policymakers work through how to define and oversee crypto markets within a rapidly evolving technology landscape.

In late 2025, the robotics and AI funding environment demonstrated a strong runway for real-world deployment. Robotics startups attracted substantial capital: about $13.8 billion was raised in 2025, a marked increase from 2024’s $7.8 billion and surpassing the 2021 record of $13.1 billion. The momentum reflects a sustained investor appetite for technologies with tangible operational efficiencies and measurable productivity gains. Crypto venture funding, while still sizable, followed a different cadence, registering roughly $18.2 billion across 902 deals in 2025—an 80% year-over-year rise from $10.1 billion across 1,548 deals in 2024. Yet, the late-year cadence cooled dramatically, with November activity giving way to a December slowdown, signaling caution as markets and policymakers assess next steps for both crypto and AI ecosystems.

As the regulatory narrative unfolds, market participants will be testing a core hypothesis: can crypto regain a role as a disruptive force within finance while AI and robotics deliver tangible operational and economic gains elsewhere? The answer will depend on policy clarity, liquidity conditions, and the pace at which AI-enabled platforms unlock efficiencies across industries. For now, the evidence points to a nuanced ecosystem where capital seeks the most compelling narratives across a spectrum of exponential technologies, rather than a single discipline dominating the imagination of risk-tolerant investors.

https://platform.twitter.com/widgets.js

This article was originally published as Speculative Crypto Flows to Robotics and AI, Delphi Digital on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

South Korea’s top financial regulator signaled a deeper pivot on crypto-exchange governance, arguing that licensed platforms should be treated as core public infrastructure rather than purely private firms. The remarks come amid ongoing work on the Digital Asset Basic Act, a legislative package that aims to tighten oversight and create a formal authorization regime for exchanges. FSC chair Lee Eog-weon outlined a plan to cap ownership by major shareholders and to align governance standards with those used in traditional securities markets. Lawmakers are also weighing a separate stablecoin framework that would set minimum capital requirements for issuers, with a target of 5 billion won ($3.7 million). The package signals Seoul’s intent to escalate governance reforms in a rapidly evolving market.

Key takeaways

Major crypto exchanges in Korea could face ownership caps modeled on securities, aiming to prevent control by a few families or entities.

The plan would move exchanges from a renewal-based notification system to an authorization regime with longer-duration licenses.

The FSC frames exchanges as infrastructure with public responsibilities, aligning governance with traditional market venues and ATS frameworks.

Stakeholders cited in reporting include Dunamu and Coinone, where sizable family or founder stakes have drawn scrutiny and may trigger restructurings.

The proposed stablecoin regime would require at least 5 billion won in capital for issuers, a contentious provision amid broader regulatory negotiations.

Timeline for enactment remains fluid, with committee reviews and a National Assembly vote still pending ahead of the Lunar New Year.

Market context: The debate in Seoul mirrors a broader trend in crypto regulation as jurisdictions seek clearer governance standards for exchanges, stablecoin issuers, and other on-chain financial actors. In Asia, regulators are increasingly tying operator licenses to infrastructure-like responsibilities, while policymakers weigh how to balance innovation with investor protection and financial stability.

Why it matters

For users and investors, the potential ownership caps could reshape who controls Korea’s largest exchanges and how they participate in governance. Concentrated ownership can affect liquidity, strategic decisions, and access to long-term capital. If enacted, the rules could force incumbents to renegotiate stakes or bring in new strategic partners to comply with a stricter regime, potentially altering trading dynamics and product development timelines.

For builders and practitioners, the shift toward an authorization framework brings more predictability to licensing, but also raises compliance costs and due diligence expectations. Governance reforms tied to public-infrastructure status may push platforms to adopt more rigorous suitability assessments and disclosure practices, aligning with how traditional securities venues operate.

What to watch next

Committee reviews and a National Assembly vote on the Digital Asset Basic Act, with a timeline likely before the Lunar New Year (Feb 17).

Decisions on the ownership cap thresholds (15–20%) and any required restructuring by top exchanges such as Dunamu and Coinone.

Finalization of the stablecoin capital requirement (5 billion won) and the central bank’s role within the regulatory framework.

Public statements from exchange operators and investors on the feasibility and commercial impact of the proposed reforms.

Sources & verification

Yonhap News Agency coverage of the ownership cap move and its progression toward an public-infrastructure framing for exchanges.

Maeil Business Newspaper reporting the proposed 5 billion won minimum capital requirement for stablecoin issuers.

Korea Times coverage of FSC Chair Lee Eog-weon’s comments and the push for governance reforms in the exchange sector.

Policy coordination document submitted to the National Assembly outlining preparations for the Digital Asset Basic Act.

Regulatory push redefines governance for Korea’s crypto exchanges

South Korea is intensifying its regulatory posture around the crypto markets, driven by a conviction that exchanges operate as indispensable infrastructure within the digital-asset ecosystem. In statements reported as part of ongoing preparatory work for the Digital Asset Basic Act, the Financial Services Commission (FSC) chair emphasized a shift in how exchanges should be treated — from private firms with occasional regulatory oversight to entities carrying public-infrastructure responsibilities. The core of the plan is to introduce ownership caps on major shareholders, a move designed to dilute the lopsided control that could enable market manipulation or undermine confidence in the trading environment.

The chairman’s remarks align with a broader push to move exchanges from a three-year renewal model toward an authorization regime that grants more durable operating status. In this framework, governance rules — including robust suitability reviews for investors and tighter disclosure requirements — would parallel the standards applied to securities markets and alternative trading systems (ATS). The aim is to cultivate a more resilient, transparent, and accountable trading landscape that can support a formal licensing regime as the Digital Asset Basic Act takes shape.

The policy direction rests on a recognition that concentrated ownership can pose risks to market integrity. Reports describe the ownership cap as a lever to ensure more distributed control and to deter strategic moves that could stifle competition or distort price discovery. The policy narrative also notes that exchanges serve as core market infrastructure, a characterization that justifies governance rules that resemble those imposed on traditional financial venues.

As the discussions unfold, questions remain about the practical impact on the ownership structure of Korea’s largest platforms. Public statements cited that Dunamu Chair Song Chi-hyung and related parties hold more than 28% of the company’s shares, while Coinone founder Cha Myung-hoon maintains a controlling stake of 53% in the exchange. If the caps are enacted, such concentrations could trigger mandatory restructurings or force the recruitment of new, independent investors to meet regulatory thresholds. While these details paint a potentially disruptive picture, supporters argue that a more distributed ownership base would bolster market confidence and long-term resilience.

The regulatory equation is further complicated by the stablecoin provisions, which set a capital floor for issuers at 5 billion won. Lawmakers have signaled that the negotiating process is ongoing, with the Lunar New Year deadline on February 17 serving as a milestone rather than a hard enforcement date. Earlier iterations of the bill faced delays as policymakers debated how to oversee stablecoin issuers without stifling innovation. In the current round of discussions, other elements of the Digital Asset Basic Act appear to be advancing, but the ownership caps and the central bank’s role remain among the most contentious topics. If approved, the framework would mark a significant shift in how Korea regulates the intersection of finance and technology, with implications for both domestic players and the broader regional ecosystem.

In parallel, observers note that the transition to an authorization regime would bring Korea’s exchange governance more in line with international norms, potentially easing cross-border collaboration and enhancing investor protection. Critics, however, warn that abrupt shifts in ownership structures could disrupt strategic collaborations, financing plans, and product roadmaps at a moment when the market is already undergoing rapid experimentation with tokens, lending protocols, and new trading formats. The policy debate continues to unfold against a backdrop of evolving regulatory expectations across Asia, where several jurisdictions are recalibrating their stance on licensing, stablecoins, and capital requirements for crypto-asset issuers.

The path forward will likely hinge on the National Assembly’s scrutiny, committee deliberations, and the alignment of the Digital Asset Basic Act with broader financial policy goals, including the central bank’s perspective on macro-stability and monetary policy transmission. As the discussions advance, industry participants will be watching for concrete timelines, the specifics of the ownership cap, and the exact criteria that would trigger an authorization status for exchanges. The outcome could shape not only the competitive dynamics within Korea but also the manner in which regional operators structure partnerships, governance, and capital planning in a rapidly changing regulatory environment.

This article was originally published as FSC Chair Defends South Korea’s Crypto Exchange Ownership Caps on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Editor’s note: LVMH has released its full-year 2025 results, showing how the world’s largest luxury group navigated a challenging macroeconomic and currency environment. While reported revenue declined year on year, the Group preserved strong margins, improved free cash flow, and significantly reduced net debt. Performance varied across divisions, with Selective Retailing, led by Sephora, standing out as a key growth driver. Alongside the numbers, management outlined a clear strategic focus on brand experience, creative renewal, and selective expansion, setting the tone for how LVMH plans to protect value and pursue growth heading into 2026.

Key points

2025 revenue reached €80.8 billion, with a limited organic decline of 1% despite currency headwinds.

Operating margin remained solid at 22%, highlighting cost discipline and brand pricing power.

Free cash flow rose 8% to €11.3 billion, allowing a 26% reduction in net debt.

Selective Retailing grew organically by 4%, driven by Sephora’s global performance.

Why this matters

LVMH’s results offer a clear snapshot of how a global consumer group is managing volatility in currencies, demand, and geopolitics. For investors and market watchers, the focus on cash generation, balance sheet strength, and disciplined investment provides insight into how large-cap leaders defend profitability during slower growth cycles. The Group’s emphasis on brand experience and creative renewal also signals where capital and strategic attention may be directed in the luxury sector over the medium term.

What to watch next

Execution of the new creative leadership across key fashion houses.

Performance trends in Fashion and Leather Goods following 2025’s sales decline.

Progress of experiential retail projects and new flagship openings.

Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.

Abu Dhabi, United Arab Emirates – January 28, 2026: In a strained global macroeconomic environment, LVMH has once again demonstrated the resilience of its diversified, multi-sector business model. While full-year 2025 results showed a modest decline compared with the previous year, the Group delivered strong cash-flow performance and maintained the enduring appeal of its portfolio of brands.

The Group reported revenue of €80.8 billion, reflecting an organic decline of 1%. On a reported basis, sales fell by 5%, a decrease almost entirely attributable to unfavourable currency effects, as the strengthening euro weighed on the conversion of international revenues. Despite this impact, LVMH maintained a solid operating margin of 22%.

Commenting on the results, Antoine Fraysse-Soulier, Market Analyst at eToro, said: “LVMH’s 2025 performance highlights exemplary cash-flow management and the continued strength of its brands, even in a complex macroeconomic and currency environment.”

A key highlight of the year was operating free cash flow, which increased by 8% to €11.3 billion, enabling the Group to reduce its net debt by 26%.

Selective Retailing emerged as the Group’s primary growth engine, delivering organic growth of 4%. Sephora posted a particularly strong performance, further strengthening its global leadership position and market share. In contrast, the Fashion & Leather Goods division recorded a 5% decline in sales, although profitability remained highly resilient, with an operating margin reaching an impressive 35%.

Beyond the financial results, Bernard Arnault reaffirmed LVMH’s long-term strategy of transforming purchasing into a cultural and emotional experience. The Group continues to evolve its maisons into unique destinations, including The Louis in Shanghai and new Tiffany & Co. flagship stores in Milan and Tokyo, aimed at deepening local engagement and customer loyalty.

LVMH is also pursuing a significant creative renewal, marked by the appointment of new artistic directors, including Jonathan Anderson at Dior, Sarah Burton at Givenchy, and Michael Rider at Céline. This “creative shock” is designed to stimulate both commercial performance and media attention.

In parallel, the world’s leading luxury group is accelerating its expansion into new territories, particularly Lifestyle and Sport, through a ten-year partnership with Formula 1 and its participation in the Osaka World Expo, underscoring its ambition to extend the art of living beyond fashion.

Looking ahead, LVMH (EPA: MC)enters 2026 with heightened vigilance but undiminished confidence, supported by strong cash generation, disciplined financial management, and a clear strategic vision.

Media Contact:
PR@etoro.com

About eToro

eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre here for our latest news.

This article was originally published as LVMH Navigates Headwinds With Creative Renewal Ahead of 2026 on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Key Takeaways

The Russian Federation has declared WhiteBIT cryptocurrency exchange, as well as its affiliated organizations, ‘undesirable’.

The exchange is alleged to have transferred approximately $11 million in support of Ukraine Armed Forces.

Despite this ban, WhiteBIT maintains its pro-Ukraine stance and is focused on expanding its operations worldwide.

Russia has barred crypto exchange WhiteBIT from operating in its country. This comes after prosecutors labelled the platform as well as its affiliated and subsidiary organizations as ‘undesirable’ over allegations tied to support for Ukraine’s war efforts.

The announcement came from the Prosecutor General’s Office of the Russian Federation. It alleged the exchange funded Ukrainian Armed Forces, facilitated ‘gray’ schemes and other illegal activities.

Exchange Accused of Financing the Ukrainian Forces

According to the Russian authorities, since the beginning of their war with Ukraine in 2022, WhiteBIT crypto exchange has donated a total of approximately $11 million in support of the Ukrainian Armed Forces. Of that total, $900,000 was allocated for the purchase of drone systems for the forces and Azov, an organization that has also been considered a terrorist group in Russia.

The office alleged that the exchange was also part of a ‘grey’ scheme designed to move money out of Russian territory. In addition, the exchange is said to be collaborating with the Ministry of Foreign Affairs of Ukraine through United24, a fundraising platform created to collect cryptocurrency donations for Ukraine.

All these connections contributed to the decision to label the exchange as ‘undesirable’. In Russia, laws dictate that organizations with such labels must cease operations in the country. Any individual or group found to be cooperating with them is subject to fines or criminal charges carrying a term in prison.

WhiteBIT’s Public Stance On Support for Ukraine

Headquartered in Lithuania, WhiteBIT began its operations in 2018 under the leadership of Ukrainian entrepreneurs. Since this war began, the exchange has consistently maintained a pro-Ukrainian position. In a statement, it said that it is aware of the decision announced by the Russian Prosecutor’s Office and considers it the strongest confirmation of its clear and consistent pro-Ukrainian position.

Recently, it revealed that it provided technical infrastructure for the United24 platform. Also on its website and official channels, the company reported donations to Ukraine exceeding $11 million, consistent with figures quoted by Russian prosecutors.

While it has faced this ban in Russia, the company says it remains focused on global growth, transparency, and supporting Ukraine.

This article was originally published as Russia Bans Crypto Exchange WhiteBIT Over Ukraine Ties on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Summary

U.S. consumer sentiment increased in January, with the index revised up to 56.4 from December’s 52.9.

Inflation expectations eased, with consumers expecting 4% price increases over the next year.

Consumer spending remains resilient, but weakening fundamentals may slow consumption ahead.

Consumer sentiment in the United States continued to improve in January, despite the sentiment being 21% below a year ago.

The University of Michigan on Friday released data showing consumer sentiment in the U.S. has greatly increased more than what was anticipated to occur in January 2026.

The University stated that its consumer sentiment index for January was upwardly revised to 56.4 from a preliminary reading of 54.0. The index was at 52.9 in December, and economists had predicted the index would be unrevised from the preliminary estimate.

“While the overall improvement was small, it was broad-based, seen across the income distribution, educational attainment, older and younger consumers, and Republicans and Democrats alike,” Joanne Hsu, survey director, said in an analysis.

She added “However, national sentiment remains more than 20% below a year ago, as consumers continue to report pressures on their purchasing power stemming from high prices and the prospect of weakening labor markets.”

According to data released on Friday, consumers anticipate price increases of 4% annually over the next year, which is the lowest since January 2025. Consumers’ expectations for inflation over the next five years dipped to 3.3% from a preliminary estimate of 3.4%. Long-term inflation expectations edged up from 3.2% last month.

“With affordability pressures proving stubborn, a near-term sentiment rebound looks unlikely,” said Oren Klachkin, financial markets economist at Nationwide.

This confidence is a crucial indication for Federal Reserve policymakers, who are concerned that long-standing anxieties about price increases may affect wage-setting and spending decisions, potentially causing inflation to spiral out of control.

Consumer spending has persisted despite general discontent

This spending resilience indicates that although households are under stress, they have not yet made a significant cutback.

“While resilient spending has defied depressed consumer sentiment, a sluggish labor market alongside a declining saving rate points to consumption weakness ahead, particularly as lower-income households show increasing signs of stress,” Felix-Antoine Vezina-Poirier, chief strategist at BCA Research, wrote Friday morning. “Consumption was the largest contributor to GDP (gross domestic product) growth in Q3. It still shows resilience in Q4, but its underlying drivers are weakening.”

This article was originally published as U.S. Consumer Sentiment Grows in January 2026 on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.