Crypto Reporter
190 Posting
Crypto Reporter
Square Terverifikasi+Laporkan
Blokir Pengguna
Crypto Reporter - Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies.
1 Mengikuti
3.2K+ Pengikut
450 Disukai
Posting
Lihat terjemahan
BlackRock Positions Tokenized Cash for the Stablecoin EraBlackRock is expanding deeper into tokenized finance, this time targeting one of the fastest-growing opportunities created by U.S. stablecoin regulation: managing the assets that sit behind digital dollars.
The world’s largest asset manager has introduced two blockchain-based money market products designed to qualify as reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.
The first, BlackRock Select Treasury Based Liquidity Fund, or BSTBL, is a tokenized share class of an existing BlackRock money market fund. Shares are available on Ethereum, giving institutional investors blockchain-based access to a traditional Treasury-focused liquidity product.
The second, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, or BRSRV, is a newly created money market fund designed specifically with stablecoin reserves in mind. It offers daily dividend reinvestment and is being made accessible across multiple blockchains. Securitize serves as its transfer agent and tokenization provider.
The launches point to a potentially significant consequence of stablecoin regulation.
Stablecoin issuers generally need highly liquid, low-risk assets backing the tokens they put into circulation. Under the U.S. regulatory framework, that means instruments such as cash, Treasury securities and qualifying investment products.
For large asset managers, those reserve requirements create a new pool of institutional money to manage.
BlackRock has made clear that it wants a significant role in that market. The company already manages about $60 billion in reserves for Circle, the issuer of USDC, according to comments from BlackRock Chief Financial Officer Martin Small during its second-quarter earnings call.
That represents a substantial share of a stablecoin market now valued at roughly $300 billion.
BlackRock is not entering tokenized finance from scratch. In 2024, it launched the BlackRock USD Institutional Digital Liquidity Fund, better known as BUIDL, with Securitize. The tokenized money market fund has since grown to approximately $2.5 billion in assets and has increasingly been used within crypto markets as collateral.
BSTBL and BRSRV take the strategy a step further.
Instead of simply putting an investment fund on a blockchain, BlackRock is positioning tokenized funds as part of the financial infrastructure supporting regulated stablecoins.
The opportunity has also attracted competitors. State Street, Franklin Templeton, Invesco and other large asset managers are developing products aimed at the growing market for stablecoin reserves and tokenized cash.
This could create an unusual relationship between traditional asset management and digital currencies.
Stablecoins are sometimes portrayed as competitors to traditional finance because they can move money outside conventional banking and payment networks. Yet their growth may simultaneously create demand for some of Wall Street’s most traditional products: Treasury securities and money market funds.
Tokenization adds another layer. Reserve assets themselves can increasingly exist in blockchain-compatible form, potentially allowing issuers to manage liquidity, collateral and settlement within the same digital infrastructure used for stablecoins.
BlackRock has argued to U.S. regulators that tokenized versions of eligible reserve assets should not face additional limits merely because they are recorded on a distributed ledger. The company maintains that credit quality, duration and liquidity — rather than the underlying technology — should determine an asset’s risk.
That position offers a clue to where the market may be heading.
Stablecoins may be crypto-native products, but the infrastructure beneath them is rapidly becoming institutional. As regulation defines what issuers can hold, major asset managers are competing to manage those reserves and bring them on-chain.
BlackRock’s latest launches suggest that the stablecoin boom may ultimately create as much opportunity for traditional finance as it does for crypto companies.
The post BlackRock positions tokenized cash for the stablecoin era appeared first on Crypto Reporter.
BlackRock Positions Tokenized Cash for the Stablecoin Era
BlackRock is expanding deeper into tokenized finance, this time targeting one of the fastest-growing opportunities created by U.S. stablecoin regulation: managing the assets that sit behind digital dollars.
The world’s largest asset manager has introduced two blockchain-based money market products designed to qualify as reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.
The first, BlackRock Select Treasury Based Liquidity Fund, or BSTBL, is a tokenized share class of an existing BlackRock money market fund. Shares are available on Ethereum, giving institutional investors blockchain-based access to a traditional Treasury-focused liquidity product.
The second, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, or BRSRV, is a newly created money market fund designed specifically with stablecoin reserves in mind. It offers daily dividend reinvestment and is being made accessible across multiple blockchains. Securitize serves as its transfer agent and tokenization provider.
The launches point to a potentially significant consequence of stablecoin regulation.
Stablecoin issuers generally need highly liquid, low-risk assets backing the tokens they put into circulation. Under the U.S. regulatory framework, that means instruments such as cash, Treasury securities and qualifying investment products.
For large asset managers, those reserve requirements create a new pool of institutional money to manage.
BlackRock has made clear that it wants a significant role in that market. The company already manages about $60 billion in reserves for Circle, the issuer of USDC, according to comments from BlackRock Chief Financial Officer Martin Small during its second-quarter earnings call.
That represents a substantial share of a stablecoin market now valued at roughly $300 billion.
BlackRock is not entering tokenized finance from scratch. In 2024, it launched the BlackRock USD Institutional Digital Liquidity Fund, better known as BUIDL, with Securitize. The tokenized money market fund has since grown to approximately $2.5 billion in assets and has increasingly been used within crypto markets as collateral.
BSTBL and BRSRV take the strategy a step further.
Instead of simply putting an investment fund on a blockchain, BlackRock is positioning tokenized funds as part of the financial infrastructure supporting regulated stablecoins.
The opportunity has also attracted competitors. State Street, Franklin Templeton, Invesco and other large asset managers are developing products aimed at the growing market for stablecoin reserves and tokenized cash.
This could create an unusual relationship between traditional asset management and digital currencies.
Stablecoins are sometimes portrayed as competitors to traditional finance because they can move money outside conventional banking and payment networks. Yet their growth may simultaneously create demand for some of Wall Street’s most traditional products: Treasury securities and money market funds.
Tokenization adds another layer. Reserve assets themselves can increasingly exist in blockchain-compatible form, potentially allowing issuers to manage liquidity, collateral and settlement within the same digital infrastructure used for stablecoins.
BlackRock has argued to U.S. regulators that tokenized versions of eligible reserve assets should not face additional limits merely because they are recorded on a distributed ledger. The company maintains that credit quality, duration and liquidity — rather than the underlying technology — should determine an asset’s risk.
That position offers a clue to where the market may be heading.
Stablecoins may be crypto-native products, but the infrastructure beneath them is rapidly becoming institutional. As regulation defines what issuers can hold, major asset managers are competing to manage those reserves and bring them on-chain.
BlackRock’s latest launches suggest that the stablecoin boom may ultimately create as much opportunity for traditional finance as it does for crypto companies.
The post BlackRock positions tokenized cash for the stablecoin era appeared first on Crypto Reporter.
The world’s largest asset manager has introduced two blockchain-based money market products designed to qualify as reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.
The first, BlackRock Select Treasury Based Liquidity Fund, or BSTBL, is a tokenized share class of an existing BlackRock money market fund. Shares are available on Ethereum, giving institutional investors blockchain-based access to a traditional Treasury-focused liquidity product.
The second, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, or BRSRV, is a newly created money market fund designed specifically with stablecoin reserves in mind. It offers daily dividend reinvestment and is being made accessible across multiple blockchains. Securitize serves as its transfer agent and tokenization provider.
The launches point to a potentially significant consequence of stablecoin regulation.
Stablecoin issuers generally need highly liquid, low-risk assets backing the tokens they put into circulation. Under the U.S. regulatory framework, that means instruments such as cash, Treasury securities and qualifying investment products.
For large asset managers, those reserve requirements create a new pool of institutional money to manage.
BlackRock has made clear that it wants a significant role in that market. The company already manages about $60 billion in reserves for Circle, the issuer of USDC, according to comments from BlackRock Chief Financial Officer Martin Small during its second-quarter earnings call.
That represents a substantial share of a stablecoin market now valued at roughly $300 billion.
BlackRock is not entering tokenized finance from scratch. In 2024, it launched the BlackRock USD Institutional Digital Liquidity Fund, better known as BUIDL, with Securitize. The tokenized money market fund has since grown to approximately $2.5 billion in assets and has increasingly been used within crypto markets as collateral.
BSTBL and BRSRV take the strategy a step further.
Instead of simply putting an investment fund on a blockchain, BlackRock is positioning tokenized funds as part of the financial infrastructure supporting regulated stablecoins.
The opportunity has also attracted competitors. State Street, Franklin Templeton, Invesco and other large asset managers are developing products aimed at the growing market for stablecoin reserves and tokenized cash.
This could create an unusual relationship between traditional asset management and digital currencies.
Stablecoins are sometimes portrayed as competitors to traditional finance because they can move money outside conventional banking and payment networks. Yet their growth may simultaneously create demand for some of Wall Street’s most traditional products: Treasury securities and money market funds.
Tokenization adds another layer. Reserve assets themselves can increasingly exist in blockchain-compatible form, potentially allowing issuers to manage liquidity, collateral and settlement within the same digital infrastructure used for stablecoins.
BlackRock has argued to U.S. regulators that tokenized versions of eligible reserve assets should not face additional limits merely because they are recorded on a distributed ledger. The company maintains that credit quality, duration and liquidity — rather than the underlying technology — should determine an asset’s risk.
That position offers a clue to where the market may be heading.
Stablecoins may be crypto-native products, but the infrastructure beneath them is rapidly becoming institutional. As regulation defines what issuers can hold, major asset managers are competing to manage those reserves and bring them on-chain.
BlackRock’s latest launches suggest that the stablecoin boom may ultimately create as much opportunity for traditional finance as it does for crypto companies.
The post BlackRock positions tokenized cash for the stablecoin era appeared first on Crypto Reporter.
89
Lihat terjemahan
Clarity Act Stalls As Senate Runs Out of Time Before August RecessThe U.S. crypto industry’s push for comprehensive market-structure legislation is facing another delay as the Senate approaches its August recess without a final deal on the CLARITY Act.
The Digital Asset Market Clarity Act is intended to establish the first broad federal framework governing crypto markets in the United States, including clearer divisions of responsibility between the Securities and Exchange Commission and Commodity Futures Trading Commission.
After years of debate over regulation by enforcement, the legislation had gained significant momentum earlier this year.
The Senate Banking Committee advanced the bill in a bipartisan 15-9 vote on May 14. Senator Cynthia Lummis then released updated text on July 22 combining work from the Senate Banking and Agriculture committees, describing the coming weeks as one of the last realistic opportunities to complete the legislation.
That window is now narrowing.
Senate Majority Leader John Thune included digital asset market structure among the issues lawmakers were attempting to address before leaving Washington for the summer recess. But the Senate is also dealing with government funding, nominations and several other legislative priorities.
Political negotiations have added another obstacle.
Key Senate Democrats have sought stronger ethics provisions addressing the ability of elected officials to profit from crypto businesses while setting policy for the industry. Reuters reported this week that an ethics addendum remains under negotiation between lawmakers and the White House.
The proposal would reportedly require President Donald Trump to divest from crypto-related businesses. Democrats have made stronger conflict-of-interest protections an important condition for supporting the broader legislation.
Without sufficient bipartisan support, bringing the bill to the Senate floor becomes considerably more difficult.
That uncertainty is now attracting attention from Wall Street.
Bernstein analysts warned this week that failure to pass the CLARITY Act in 2026 could produce another negative reaction across bitcoin and the wider digital asset market. The investment firm nevertheless argued that a legislative setback would not necessarily stop regulatory progress.
According to Bernstein, the SEC and CFTC could accelerate rulemaking even without Congress, providing more guidance on token classification, decentralized finance, self-custody and token issuance.
That distinction is important.
Regulators can change enforcement priorities and issue new rules, but legislation provides a more permanent framework. Administrative policy can change when a new administration takes office. A law passed by Congress is considerably harder to reverse.
For banks, exchanges and other financial institutions considering large investments in blockchain infrastructure, that permanence matters.
The CLARITY Act is designed to answer one of the U.S. crypto sector’s longest-running questions: when should a digital asset fall under securities regulation, and when should it be treated as a commodity?
Without legislation, companies may receive more guidance from regulators but still face uncertainty over how future administrations will interpret the rules.
The stakes have grown as traditional financial institutions move further into digital assets. Stablecoins, tokenized securities, crypto custody and blockchain settlement are no longer confined to specialized crypto companies. BlackRock, Visa, major banks and global exchanges are now investing directly in the infrastructure.
That makes market-structure legislation increasingly relevant beyond bitcoin trading.
The bill is not dead. Its bipartisan committee vote showed that lawmakers can reach agreement on significant parts of crypto policy, while negotiations over the remaining issues continue.
But the calendar is becoming a problem.
With the 2026 midterm elections approaching, every delay reduces the time available for a politically difficult bill requiring support from both parties.
For the crypto industry, the question is therefore changing. Earlier this year, the debate centered on what the CLARITY Act would contain.
The immediate question now is whether Congress can pass it at all before the political window closes.
The post Clarity Act stalls as Senate runs out of time before August recess appeared first on Crypto Reporter.
Clarity Act Stalls As Senate Runs Out of Time Before August Recess
The U.S. crypto industry’s push for comprehensive market-structure legislation is facing another delay as the Senate approaches its August recess without a final deal on the CLARITY Act.
The Digital Asset Market Clarity Act is intended to establish the first broad federal framework governing crypto markets in the United States, including clearer divisions of responsibility between the Securities and Exchange Commission and Commodity Futures Trading Commission.
After years of debate over regulation by enforcement, the legislation had gained significant momentum earlier this year.
The Senate Banking Committee advanced the bill in a bipartisan 15-9 vote on May 14. Senator Cynthia Lummis then released updated text on July 22 combining work from the Senate Banking and Agriculture committees, describing the coming weeks as one of the last realistic opportunities to complete the legislation.
That window is now narrowing.
Senate Majority Leader John Thune included digital asset market structure among the issues lawmakers were attempting to address before leaving Washington for the summer recess. But the Senate is also dealing with government funding, nominations and several other legislative priorities.
Political negotiations have added another obstacle.
Key Senate Democrats have sought stronger ethics provisions addressing the ability of elected officials to profit from crypto businesses while setting policy for the industry. Reuters reported this week that an ethics addendum remains under negotiation between lawmakers and the White House.
The proposal would reportedly require President Donald Trump to divest from crypto-related businesses. Democrats have made stronger conflict-of-interest protections an important condition for supporting the broader legislation.
Without sufficient bipartisan support, bringing the bill to the Senate floor becomes considerably more difficult.
That uncertainty is now attracting attention from Wall Street.
Bernstein analysts warned this week that failure to pass the CLARITY Act in 2026 could produce another negative reaction across bitcoin and the wider digital asset market. The investment firm nevertheless argued that a legislative setback would not necessarily stop regulatory progress.
According to Bernstein, the SEC and CFTC could accelerate rulemaking even without Congress, providing more guidance on token classification, decentralized finance, self-custody and token issuance.
That distinction is important.
Regulators can change enforcement priorities and issue new rules, but legislation provides a more permanent framework. Administrative policy can change when a new administration takes office. A law passed by Congress is considerably harder to reverse.
For banks, exchanges and other financial institutions considering large investments in blockchain infrastructure, that permanence matters.
The CLARITY Act is designed to answer one of the U.S. crypto sector’s longest-running questions: when should a digital asset fall under securities regulation, and when should it be treated as a commodity?
Without legislation, companies may receive more guidance from regulators but still face uncertainty over how future administrations will interpret the rules.
The stakes have grown as traditional financial institutions move further into digital assets. Stablecoins, tokenized securities, crypto custody and blockchain settlement are no longer confined to specialized crypto companies. BlackRock, Visa, major banks and global exchanges are now investing directly in the infrastructure.
That makes market-structure legislation increasingly relevant beyond bitcoin trading.
The bill is not dead. Its bipartisan committee vote showed that lawmakers can reach agreement on significant parts of crypto policy, while negotiations over the remaining issues continue.
But the calendar is becoming a problem.
With the 2026 midterm elections approaching, every delay reduces the time available for a politically difficult bill requiring support from both parties.
For the crypto industry, the question is therefore changing. Earlier this year, the debate centered on what the CLARITY Act would contain.
The immediate question now is whether Congress can pass it at all before the political window closes.
The post Clarity Act stalls as Senate runs out of time before August recess appeared first on Crypto Reporter.
The Digital Asset Market Clarity Act is intended to establish the first broad federal framework governing crypto markets in the United States, including clearer divisions of responsibility between the Securities and Exchange Commission and Commodity Futures Trading Commission.
After years of debate over regulation by enforcement, the legislation had gained significant momentum earlier this year.
The Senate Banking Committee advanced the bill in a bipartisan 15-9 vote on May 14. Senator Cynthia Lummis then released updated text on July 22 combining work from the Senate Banking and Agriculture committees, describing the coming weeks as one of the last realistic opportunities to complete the legislation.
That window is now narrowing.
Senate Majority Leader John Thune included digital asset market structure among the issues lawmakers were attempting to address before leaving Washington for the summer recess. But the Senate is also dealing with government funding, nominations and several other legislative priorities.
Political negotiations have added another obstacle.
Key Senate Democrats have sought stronger ethics provisions addressing the ability of elected officials to profit from crypto businesses while setting policy for the industry. Reuters reported this week that an ethics addendum remains under negotiation between lawmakers and the White House.
The proposal would reportedly require President Donald Trump to divest from crypto-related businesses. Democrats have made stronger conflict-of-interest protections an important condition for supporting the broader legislation.
Without sufficient bipartisan support, bringing the bill to the Senate floor becomes considerably more difficult.
That uncertainty is now attracting attention from Wall Street.
Bernstein analysts warned this week that failure to pass the CLARITY Act in 2026 could produce another negative reaction across bitcoin and the wider digital asset market. The investment firm nevertheless argued that a legislative setback would not necessarily stop regulatory progress.
According to Bernstein, the SEC and CFTC could accelerate rulemaking even without Congress, providing more guidance on token classification, decentralized finance, self-custody and token issuance.
That distinction is important.
Regulators can change enforcement priorities and issue new rules, but legislation provides a more permanent framework. Administrative policy can change when a new administration takes office. A law passed by Congress is considerably harder to reverse.
For banks, exchanges and other financial institutions considering large investments in blockchain infrastructure, that permanence matters.
The CLARITY Act is designed to answer one of the U.S. crypto sector’s longest-running questions: when should a digital asset fall under securities regulation, and when should it be treated as a commodity?
Without legislation, companies may receive more guidance from regulators but still face uncertainty over how future administrations will interpret the rules.
The stakes have grown as traditional financial institutions move further into digital assets. Stablecoins, tokenized securities, crypto custody and blockchain settlement are no longer confined to specialized crypto companies. BlackRock, Visa, major banks and global exchanges are now investing directly in the infrastructure.
That makes market-structure legislation increasingly relevant beyond bitcoin trading.
The bill is not dead. Its bipartisan committee vote showed that lawmakers can reach agreement on significant parts of crypto policy, while negotiations over the remaining issues continue.
But the calendar is becoming a problem.
With the 2026 midterm elections approaching, every delay reduces the time available for a politically difficult bill requiring support from both parties.
For the crypto industry, the question is therefore changing. Earlier this year, the debate centered on what the CLARITY Act would contain.
The immediate question now is whether Congress can pass it at all before the political window closes.
The post Clarity Act stalls as Senate runs out of time before August recess appeared first on Crypto Reporter.
84
Artikel
Strategy Melaporkan Kerugian Kuartal Kedua Senilai $8,2 Miliar akibat Penilaian BitcoinStrategy Inc. melaporkan rugi bersih sebesar $8,2 miliar untuk kuartal kedua, karena perubahan nilai pasar kepemilikan Bitcoin-nya membebani pendapatan berdasarkan aturan akuntansi nilai wajar. Perusahaan, yang telah bertransformasi dari penyedia perangkat lunak perusahaan menjadi pemegang Bitcoin korporat terbesar, mengatakan pihaknya terus memandang mata uang kripto tersebut sebagai aset cadangan perbendaharaan utama. Berdasarkan hasil kuartalannya, Strategy memiliki sekitar 843.775 Bitcoin pada akhir periode pelaporan.
Strategy Melaporkan Kerugian Kuartal Kedua Senilai $8,2 Miliar akibat Penilaian Bitcoin
Strategy Inc. melaporkan rugi bersih sebesar $8,2 miliar untuk kuartal kedua, karena perubahan nilai pasar kepemilikan Bitcoin-nya membebani pendapatan berdasarkan aturan akuntansi nilai wajar. Perusahaan, yang telah bertransformasi dari penyedia perangkat lunak perusahaan menjadi pemegang Bitcoin korporat terbesar, mengatakan pihaknya terus memandang mata uang kripto tersebut sebagai aset cadangan perbendaharaan utama. Berdasarkan hasil kuartalannya, Strategy memiliki sekitar 843.775 Bitcoin pada akhir periode pelaporan.
189
Artikel
Dompet Perangkat Keras Berusia Dua Belas Tahun: Bagaimana Dua Orang di Ruang Peretas Praha Menciptakan Industri IniDua belas tahun lalu, belum ada yang namanya dompet perangkat keras. Untuk menyimpan Bitcoin Anda sendiri dengan aman, Anda membutuhkan komputer cadangan, pemahaman yang bisa digunakan tentang Linux, dan keberanian untuk mempercayai pengaturan yang Anda rangkai sendiri. Kebanyakan orang tidak memiliki ketiganya. Mereka menyimpan koin mereka di bursa dan berharap yang terbaik.
Itu berubah pada 29 Juli 2014, ketika Trezor mengirimkan Model One. Itu adalah dompet perangkat keras pertama yang pernah dibuat, dan dompet tersebut menciptakan kategori yang kini mengamankan sebagian besar kripto dunia. Trezor menemukan dompet perangkat keras, dan dengan itu, cara praktis agar orang biasa bisa menjadi bank mereka sendiri.
Dompet Perangkat Keras Berusia Dua Belas Tahun: Bagaimana Dua Orang di Ruang Peretas Praha Menciptakan Industri Ini
Dua belas tahun lalu, belum ada yang namanya dompet perangkat keras. Untuk menyimpan Bitcoin Anda sendiri dengan aman, Anda membutuhkan komputer cadangan, pemahaman yang bisa digunakan tentang Linux, dan keberanian untuk mempercayai pengaturan yang Anda rangkai sendiri. Kebanyakan orang tidak memiliki ketiganya. Mereka menyimpan koin mereka di bursa dan berharap yang terbaik.
Itu berubah pada 29 Juli 2014, ketika Trezor mengirimkan Model One. Itu adalah dompet perangkat keras pertama yang pernah dibuat, dan dompet tersebut menciptakan kategori yang kini mengamankan sebagian besar kripto dunia. Trezor menemukan dompet perangkat keras, dan dengan itu, cara praktis agar orang biasa bisa menjadi bank mereka sendiri.
Itu berubah pada 29 Juli 2014, ketika Trezor mengirimkan Model One. Itu adalah dompet perangkat keras pertama yang pernah dibuat, dan dompet tersebut menciptakan kategori yang kini mengamankan sebagian besar kripto dunia. Trezor menemukan dompet perangkat keras, dan dengan itu, cara praktis agar orang biasa bisa menjadi bank mereka sendiri.
187
Artikel
BitMEX Tutup Setelah 11 Tahun Saat Persaingan Kripto Makin IntensifBitMEX, salah satu bursa derivatif tertua dalam industri mata uang kripto, akan menghentikan operasionalnya pada 23 Sept., mengakhiri rangkaian 11 tahun yang membantu membentuk pasar untuk perdagangan aset digital dengan leverage.
Platform berbasis di Seychelles itu mengatakan akan mengakhiri operasional setelah peninjauan strategis yang dilakukan oleh induknya, HDR Global Trading. Pengguna telah diminta untuk menutup posisi yang masih terbuka dan menarik aset sebelum perdagangan berakhir, meski perusahaan tidak menyebutkan alasan spesifik atas keputusan tersebut. Reuters pertama kali melaporkan penutupan tersebut.
BitMEX Tutup Setelah 11 Tahun Saat Persaingan Kripto Makin Intensif
BitMEX, salah satu bursa derivatif tertua dalam industri mata uang kripto, akan menghentikan operasionalnya pada 23 Sept., mengakhiri rangkaian 11 tahun yang membantu membentuk pasar untuk perdagangan aset digital dengan leverage.
Platform berbasis di Seychelles itu mengatakan akan mengakhiri operasional setelah peninjauan strategis yang dilakukan oleh induknya, HDR Global Trading. Pengguna telah diminta untuk menutup posisi yang masih terbuka dan menarik aset sebelum perdagangan berakhir, meski perusahaan tidak menyebutkan alasan spesifik atas keputusan tersebut. Reuters pertama kali melaporkan penutupan tersebut.
Platform berbasis di Seychelles itu mengatakan akan mengakhiri operasional setelah peninjauan strategis yang dilakukan oleh induknya, HDR Global Trading. Pengguna telah diminta untuk menutup posisi yang masih terbuka dan menarik aset sebelum perdagangan berakhir, meski perusahaan tidak menyebutkan alasan spesifik atas keputusan tersebut. Reuters pertama kali melaporkan penutupan tersebut.
124
Artikel
Visa Luncurkan Platform untuk Bank dalam Mencetak dan Mengelola StablecoinVisa telah meluncurkan platform perusahaan baru yang akan memungkinkan bank, perusahaan fintech, dan penyedia pembayaran lainnya untuk mengakses, menerbitkan, dan mengelola stablecoin melalui satu lingkungan yang dioperasikan oleh Visa.
Platform Stablecoin Visa, atau VSP, dirancang untuk menghubungkan operasi stablecoin dengan sistem keuangan pembayaran dan treasury yang sudah digunakan oleh institusi keuangan. Kapabilitas awalnya mencakup dompet digital, penyimpanan dan penukaran stablecoin, serta konektivitas untuk penerbitan (minting) dan pembakaran (burning) token.
Platform ini akan dimulai dengan Open USD, atau OUSD, sebuah stablecoin baru yang didukung oleh dolar dan disokong oleh konsorsium Open Standard. Visa adalah peserta pendiri dalam inisiatif tersebut.
Visa Luncurkan Platform untuk Bank dalam Mencetak dan Mengelola Stablecoin
Visa telah meluncurkan platform perusahaan baru yang akan memungkinkan bank, perusahaan fintech, dan penyedia pembayaran lainnya untuk mengakses, menerbitkan, dan mengelola stablecoin melalui satu lingkungan yang dioperasikan oleh Visa.
Platform Stablecoin Visa, atau VSP, dirancang untuk menghubungkan operasi stablecoin dengan sistem keuangan pembayaran dan treasury yang sudah digunakan oleh institusi keuangan. Kapabilitas awalnya mencakup dompet digital, penyimpanan dan penukaran stablecoin, serta konektivitas untuk penerbitan (minting) dan pembakaran (burning) token.
Platform ini akan dimulai dengan Open USD, atau OUSD, sebuah stablecoin baru yang didukung oleh dolar dan disokong oleh konsorsium Open Standard. Visa adalah peserta pendiri dalam inisiatif tersebut.
Platform Stablecoin Visa, atau VSP, dirancang untuk menghubungkan operasi stablecoin dengan sistem keuangan pembayaran dan treasury yang sudah digunakan oleh institusi keuangan. Kapabilitas awalnya mencakup dompet digital, penyimpanan dan penukaran stablecoin, serta konektivitas untuk penerbitan (minting) dan pembakaran (burning) token.
Platform ini akan dimulai dengan Open USD, atau OUSD, sebuah stablecoin baru yang didukung oleh dolar dan disokong oleh konsorsium Open Standard. Visa adalah peserta pendiri dalam inisiatif tersebut.
101
Artikel
Lihat terjemahan
UK Bets on Tokenization to Reinforce London’s Financial EdgeThe U.K. is making its strongest push yet to position itself as a global leader in blockchain-powered financial markets, unveiling a government-backed strategy that argues tokenizing traditional assets could generate as much as £33 billion ($44 billion) in additional annual economic output by 2035.
The roadmap, led by HM Treasury’s Wholesale Digital Markets Champion Chris Woolard and supported by a task force representing 54 financial institutions, outlines a 12-month plan to accelerate the adoption of tokenized financial infrastructure across wholesale markets. The initiative focuses on practical use cases including tokenized government bonds, repurchase (repo) markets and collateral management, rather than cryptocurrencies themselves. According to the Financial Times, the report argues that accelerating tokenization is essential for maintaining the U.K.’s competitiveness as global financial markets increasingly adopt distributed ledger technology.
Tokenization refers to representing real-world financial assets—such as bonds, equities or real estate—as digital tokens on distributed ledger technology. Advocates argue the approach can shorten settlement times, reduce operational costs, improve transparency and unlock liquidity across capital markets.
The report estimates that widespread adoption could also generate £14 billion in additional tax revenue over the next decade while helping the U.K. defend its position as one of the world’s leading financial centers amid increasing competition from the United States, Singapore, Switzerland and the United Arab Emirates. The projections are detailed in the government’s roadmap, as reported by the Financial Times.
A key recommendation is for the British government to issue a digital gilt by early next year and establish a regular issuance program, alongside enabling tokenized government securities to be accepted as collateral in wholesale funding markets. The task force also aims to demonstrate end-to-end tokenized repo transactions within the next year. Additional details on the proposed implementation timeline are available in Ledger Insights’ coverage of the roadmap.
The strategy reflects a broader shift in the blockchain industry away from speculative digital assets and toward institutional financial infrastructure. Large banks, asset managers and regulated crypto firms—including Barclays, JPMorgan Chase, Morgan Stanley, UBS, BlackRock, Coinbase and Circle—are participating in the initiative, highlighting growing convergence between traditional finance and distributed ledger technology. Yahoo Finance reported that the participation of major global financial institutions underscores the industry’s growing confidence in tokenized capital markets.
Industry estimates cited in the report suggest the global market for tokenized real-world assets could reach $88 trillion by 2035, making the technology one of the largest long-term opportunities in financial services. The report warns, however, that slow execution risks allowing liquidity, market infrastructure and international standards to migrate to competing jurisdictions—a concern echoed throughout the Financial Times analysis.
The roadmap arrives as policymakers worldwide increasingly focus on blockchain as a modernization tool for capital markets rather than solely as the technology underpinning cryptocurrencies. Recent regulatory adjustments by the Bank of England and the Financial Conduct Authority have also signaled a more accommodating approach to digital financial infrastructure, strengthening the U.K.’s ambition to become a leading hub for tokenized finance, according to reporting by the Financial Times.
The post UK bets on tokenization to reinforce London’s financial edge appeared first on Crypto Reporter.
UK Bets on Tokenization to Reinforce London’s Financial Edge
The U.K. is making its strongest push yet to position itself as a global leader in blockchain-powered financial markets, unveiling a government-backed strategy that argues tokenizing traditional assets could generate as much as £33 billion ($44 billion) in additional annual economic output by 2035.
The roadmap, led by HM Treasury’s Wholesale Digital Markets Champion Chris Woolard and supported by a task force representing 54 financial institutions, outlines a 12-month plan to accelerate the adoption of tokenized financial infrastructure across wholesale markets. The initiative focuses on practical use cases including tokenized government bonds, repurchase (repo) markets and collateral management, rather than cryptocurrencies themselves. According to the Financial Times, the report argues that accelerating tokenization is essential for maintaining the U.K.’s competitiveness as global financial markets increasingly adopt distributed ledger technology.
Tokenization refers to representing real-world financial assets—such as bonds, equities or real estate—as digital tokens on distributed ledger technology. Advocates argue the approach can shorten settlement times, reduce operational costs, improve transparency and unlock liquidity across capital markets.
The report estimates that widespread adoption could also generate £14 billion in additional tax revenue over the next decade while helping the U.K. defend its position as one of the world’s leading financial centers amid increasing competition from the United States, Singapore, Switzerland and the United Arab Emirates. The projections are detailed in the government’s roadmap, as reported by the Financial Times.
A key recommendation is for the British government to issue a digital gilt by early next year and establish a regular issuance program, alongside enabling tokenized government securities to be accepted as collateral in wholesale funding markets. The task force also aims to demonstrate end-to-end tokenized repo transactions within the next year. Additional details on the proposed implementation timeline are available in Ledger Insights’ coverage of the roadmap.
The strategy reflects a broader shift in the blockchain industry away from speculative digital assets and toward institutional financial infrastructure. Large banks, asset managers and regulated crypto firms—including Barclays, JPMorgan Chase, Morgan Stanley, UBS, BlackRock, Coinbase and Circle—are participating in the initiative, highlighting growing convergence between traditional finance and distributed ledger technology. Yahoo Finance reported that the participation of major global financial institutions underscores the industry’s growing confidence in tokenized capital markets.
Industry estimates cited in the report suggest the global market for tokenized real-world assets could reach $88 trillion by 2035, making the technology one of the largest long-term opportunities in financial services. The report warns, however, that slow execution risks allowing liquidity, market infrastructure and international standards to migrate to competing jurisdictions—a concern echoed throughout the Financial Times analysis.
The roadmap arrives as policymakers worldwide increasingly focus on blockchain as a modernization tool for capital markets rather than solely as the technology underpinning cryptocurrencies. Recent regulatory adjustments by the Bank of England and the Financial Conduct Authority have also signaled a more accommodating approach to digital financial infrastructure, strengthening the U.K.’s ambition to become a leading hub for tokenized finance, according to reporting by the Financial Times.
The post UK bets on tokenization to reinforce London’s financial edge appeared first on Crypto Reporter.
The roadmap, led by HM Treasury’s Wholesale Digital Markets Champion Chris Woolard and supported by a task force representing 54 financial institutions, outlines a 12-month plan to accelerate the adoption of tokenized financial infrastructure across wholesale markets. The initiative focuses on practical use cases including tokenized government bonds, repurchase (repo) markets and collateral management, rather than cryptocurrencies themselves. According to the Financial Times, the report argues that accelerating tokenization is essential for maintaining the U.K.’s competitiveness as global financial markets increasingly adopt distributed ledger technology.
Tokenization refers to representing real-world financial assets—such as bonds, equities or real estate—as digital tokens on distributed ledger technology. Advocates argue the approach can shorten settlement times, reduce operational costs, improve transparency and unlock liquidity across capital markets.
The report estimates that widespread adoption could also generate £14 billion in additional tax revenue over the next decade while helping the U.K. defend its position as one of the world’s leading financial centers amid increasing competition from the United States, Singapore, Switzerland and the United Arab Emirates. The projections are detailed in the government’s roadmap, as reported by the Financial Times.
A key recommendation is for the British government to issue a digital gilt by early next year and establish a regular issuance program, alongside enabling tokenized government securities to be accepted as collateral in wholesale funding markets. The task force also aims to demonstrate end-to-end tokenized repo transactions within the next year. Additional details on the proposed implementation timeline are available in Ledger Insights’ coverage of the roadmap.
The strategy reflects a broader shift in the blockchain industry away from speculative digital assets and toward institutional financial infrastructure. Large banks, asset managers and regulated crypto firms—including Barclays, JPMorgan Chase, Morgan Stanley, UBS, BlackRock, Coinbase and Circle—are participating in the initiative, highlighting growing convergence between traditional finance and distributed ledger technology. Yahoo Finance reported that the participation of major global financial institutions underscores the industry’s growing confidence in tokenized capital markets.
Industry estimates cited in the report suggest the global market for tokenized real-world assets could reach $88 trillion by 2035, making the technology one of the largest long-term opportunities in financial services. The report warns, however, that slow execution risks allowing liquidity, market infrastructure and international standards to migrate to competing jurisdictions—a concern echoed throughout the Financial Times analysis.
The roadmap arrives as policymakers worldwide increasingly focus on blockchain as a modernization tool for capital markets rather than solely as the technology underpinning cryptocurrencies. Recent regulatory adjustments by the Bank of England and the Financial Conduct Authority have also signaled a more accommodating approach to digital financial infrastructure, strengthening the U.K.’s ambition to become a leading hub for tokenized finance, according to reporting by the Financial Times.
The post UK bets on tokenization to reinforce London’s financial edge appeared first on Crypto Reporter.
COINUS+5,50%
90
Artikel
Lihat terjemahan
Tether Invests $20 Million in Mercado Bitcoin to Expand Latin America Tokenization PushTether Holdings Ltd. will invest $20 million in Brazilian crypto platform Mercado Bitcoin, betting that demand for tokenized financial assets and blockchain-based payments will continue to grow across Latin America, according to a company announcement.
The investment is part of a strategic financing round that will fund Mercado Bitcoin’s expansion in tokenized investment products, stablecoin payments, lending, on-chain capital markets and cross-border financial services, Tether said in its announcement.
The deal adds to Tether’s growing portfolio of investments beyond its flagship USDT stablecoin. Flush with profits from managing the reserves backing the world’s largest dollar-pegged token, the company has increasingly deployed capital into crypto infrastructure, artificial intelligence, energy and payments businesses.
Mercado Bitcoin, one of Latin America’s largest regulated digital-asset platforms, serves more than 4.5 million customers and has issued more than 2 billion reais ($370 million) of tokenized real-world assets, including private credit and fixed-income securities. Earlier this year, the company tokenized more than $200 million of private credit assets on the Bitcoin sidechain Rootstock, according to The Block.
The investment comes as tokenization—the process of representing traditional financial assets on blockchains—gains momentum among banks, asset managers and crypto firms seeking faster settlement, broader investor access and lower operating costs. Latin America has emerged as a key testing ground for the technology, particularly in Brazil, where regulators have taken a comparatively open approach to digital assets.
Tether Chief Executive Officer Paolo Ardoino said the investment reflects the company’s strategy of backing infrastructure that expands access to digital financial services in emerging markets. Mercado Bitcoin Chief Executive Officer Roberto Dagnoni said the funding would accelerate the company’s international expansion and strengthen its on-chain financial offerings, according to Tether’s announcement.
The transaction reinforces Brazil’s position as one of the region’s most active markets for blockchain-based finance, even as competition intensifies among exchanges and fintech firms seeking to move beyond cryptocurrency trading into tokenized versions of traditional financial product
The post Tether invests $20 million in Mercado Bitcoin to expand Latin America tokenization push appeared first on Crypto Reporter.
Tether Invests $20 Million in Mercado Bitcoin to Expand Latin America Tokenization Push
Tether Holdings Ltd. will invest $20 million in Brazilian crypto platform Mercado Bitcoin, betting that demand for tokenized financial assets and blockchain-based payments will continue to grow across Latin America, according to a company announcement.
The investment is part of a strategic financing round that will fund Mercado Bitcoin’s expansion in tokenized investment products, stablecoin payments, lending, on-chain capital markets and cross-border financial services, Tether said in its announcement.
The deal adds to Tether’s growing portfolio of investments beyond its flagship USDT stablecoin. Flush with profits from managing the reserves backing the world’s largest dollar-pegged token, the company has increasingly deployed capital into crypto infrastructure, artificial intelligence, energy and payments businesses.
Mercado Bitcoin, one of Latin America’s largest regulated digital-asset platforms, serves more than 4.5 million customers and has issued more than 2 billion reais ($370 million) of tokenized real-world assets, including private credit and fixed-income securities. Earlier this year, the company tokenized more than $200 million of private credit assets on the Bitcoin sidechain Rootstock, according to The Block.
The investment comes as tokenization—the process of representing traditional financial assets on blockchains—gains momentum among banks, asset managers and crypto firms seeking faster settlement, broader investor access and lower operating costs. Latin America has emerged as a key testing ground for the technology, particularly in Brazil, where regulators have taken a comparatively open approach to digital assets.
Tether Chief Executive Officer Paolo Ardoino said the investment reflects the company’s strategy of backing infrastructure that expands access to digital financial services in emerging markets. Mercado Bitcoin Chief Executive Officer Roberto Dagnoni said the funding would accelerate the company’s international expansion and strengthen its on-chain financial offerings, according to Tether’s announcement.
The transaction reinforces Brazil’s position as one of the region’s most active markets for blockchain-based finance, even as competition intensifies among exchanges and fintech firms seeking to move beyond cryptocurrency trading into tokenized versions of traditional financial product
The post Tether invests $20 million in Mercado Bitcoin to expand Latin America tokenization push appeared first on Crypto Reporter.
The investment is part of a strategic financing round that will fund Mercado Bitcoin’s expansion in tokenized investment products, stablecoin payments, lending, on-chain capital markets and cross-border financial services, Tether said in its announcement.
The deal adds to Tether’s growing portfolio of investments beyond its flagship USDT stablecoin. Flush with profits from managing the reserves backing the world’s largest dollar-pegged token, the company has increasingly deployed capital into crypto infrastructure, artificial intelligence, energy and payments businesses.
Mercado Bitcoin, one of Latin America’s largest regulated digital-asset platforms, serves more than 4.5 million customers and has issued more than 2 billion reais ($370 million) of tokenized real-world assets, including private credit and fixed-income securities. Earlier this year, the company tokenized more than $200 million of private credit assets on the Bitcoin sidechain Rootstock, according to The Block.
The investment comes as tokenization—the process of representing traditional financial assets on blockchains—gains momentum among banks, asset managers and crypto firms seeking faster settlement, broader investor access and lower operating costs. Latin America has emerged as a key testing ground for the technology, particularly in Brazil, where regulators have taken a comparatively open approach to digital assets.
Tether Chief Executive Officer Paolo Ardoino said the investment reflects the company’s strategy of backing infrastructure that expands access to digital financial services in emerging markets. Mercado Bitcoin Chief Executive Officer Roberto Dagnoni said the funding would accelerate the company’s international expansion and strengthen its on-chain financial offerings, according to Tether’s announcement.
The transaction reinforces Brazil’s position as one of the region’s most active markets for blockchain-based finance, even as competition intensifies among exchanges and fintech firms seeking to move beyond cryptocurrency trading into tokenized versions of traditional financial product
The post Tether invests $20 million in Mercado Bitcoin to expand Latin America tokenization push appeared first on Crypto Reporter.
84
Lihat terjemahan
Banks Are Preparing Their Answer to Stablecoins: Tokenized DepositsStablecoins have become one of the most important products in digital finance. Banks are now preparing their answer.
The answer is tokenized deposits — digital versions of commercial bank money that can move on blockchain-based systems while remaining inside the regulated banking sector. If stablecoins are crypto’s version of digital cash, tokenized deposits are the banking industry’s attempt to bring similar functionality to existing money.
The distinction matters. A stablecoin is usually issued by a non-bank or specialist issuer and backed by reserves such as cash, bank deposits or short-term government debt. A tokenized deposit, by contrast, represents a claim on a commercial bank deposit. It is designed to preserve the existing relationship between banks, depositors and the regulated financial system.
That difference is becoming more important as policymakers worry about the growth of stablecoins. Stablecoins can make payments faster, cheaper and more programmable. But at scale, they may also pull money away from bank deposits, affect credit creation and create new financial-stability risks.
Bank of England policymaker Megan Greene recently argued that stablecoin demand may fade and be overtaken by tokenized deposits within five years. Her view reflects a growing belief among some central bankers that commercial banks, not standalone stablecoin issuers, may be better placed to provide digital money for mainstream finance.
The argument is not that stablecoins will disappear. They already play a major role in crypto trading, cross-border transfers and dollar liquidity. But tokenized deposits could become the preferred option for regulated institutions that want blockchain settlement without moving money outside the banking system.
For banks, the appeal is obvious. Tokenized deposits allow them to modernize payments while defending their deposit base. If clients want programmable money and faster settlement, banks can offer those features without giving up the core economics of banking. That makes tokenized deposits both a technology upgrade and a competitive response.
For regulators, tokenized deposits may look safer than privately issued stablecoins. They sit within existing bank supervision, capital rules, liquidity requirements and deposit relationships. They may also be easier to integrate with central bank payment systems and wholesale settlement infrastructure.
The United Kingdom is becoming an important test case for this debate. The Bank of England has softened parts of its stablecoin framework, dropping proposed individual holding limits and replacing them with a temporary £40 billion issuance guardrail per systemic stablecoin. It also allows systemic stablecoin issuers to hold up to 70% of reserves in short-term UK government debt, with the remaining portion held in non-interest-bearing deposits at the central bank.
At the same time, the Financial Conduct Authority has reduced planned capital requirements for non-systemic stablecoin issuers from 2% to 1% of the value issued. The final UK crypto regime is expected to bring trading platforms, custodians, stablecoin issuers and other crypto firms into full FCA authorisation from October 2027.
These changes show that the UK is trying to become more competitive without abandoning a cautious approach. The Bank of England still appears focused on protecting credit provision and limiting systemic risk. The FCA is trying to make the rules more workable for industry. Between those two priorities sits the question of what form of digital money should dominate.
The U.S. debate looks different. American policymakers and market participants have been more willing to treat dollar stablecoins as a strategic tool that could reinforce the global role of the dollar. That creates a contrast with the UK and parts of Europe, where officials often emphasize financial stability and bank intermediation.
The result could be a split in the future of digital money. In crypto markets and cross-border payments, stablecoins may continue to grow quickly because they are already liquid, widely used and easy to integrate. In regulated banking and institutional settlement, tokenized deposits may gain ground because they fit more naturally into the existing financial system.
The two models may also coexist. Stablecoins could serve exchanges, wallets, fintechs and global retail payments. Tokenized deposits could serve banks, corporates and institutional settlement. Central bank digital currencies, if they emerge at scale, could provide another layer for wholesale or public-sector use cases.
The competition will not be decided only by technology. It will depend on regulation, trust, liquidity, interoperability and incentives. Stablecoins have the advantage of market adoption. Tokenized deposits have the advantage of institutional familiarity and regulatory comfort.
Banks cannot ignore stablecoins anymore. But they do not need to copy them exactly. Tokenized deposits give banks a way to compete on blockchain rails while keeping money inside the banking system.
That may be the real battle ahead. Not crypto versus banks, and not CBDCs versus stablecoins, but stablecoins versus tokenized commercial bank money.
If banks move quickly enough, the next generation of digital payments may not be built entirely outside the banking sector. It may be built by banks trying to make deposits programmable.
The post Banks are preparing their answer to stablecoins: tokenized deposits appeared first on Crypto Reporter.
Banks Are Preparing Their Answer to Stablecoins: Tokenized Deposits
Stablecoins have become one of the most important products in digital finance. Banks are now preparing their answer.
The answer is tokenized deposits — digital versions of commercial bank money that can move on blockchain-based systems while remaining inside the regulated banking sector. If stablecoins are crypto’s version of digital cash, tokenized deposits are the banking industry’s attempt to bring similar functionality to existing money.
The distinction matters. A stablecoin is usually issued by a non-bank or specialist issuer and backed by reserves such as cash, bank deposits or short-term government debt. A tokenized deposit, by contrast, represents a claim on a commercial bank deposit. It is designed to preserve the existing relationship between banks, depositors and the regulated financial system.
That difference is becoming more important as policymakers worry about the growth of stablecoins. Stablecoins can make payments faster, cheaper and more programmable. But at scale, they may also pull money away from bank deposits, affect credit creation and create new financial-stability risks.
Bank of England policymaker Megan Greene recently argued that stablecoin demand may fade and be overtaken by tokenized deposits within five years. Her view reflects a growing belief among some central bankers that commercial banks, not standalone stablecoin issuers, may be better placed to provide digital money for mainstream finance.
The argument is not that stablecoins will disappear. They already play a major role in crypto trading, cross-border transfers and dollar liquidity. But tokenized deposits could become the preferred option for regulated institutions that want blockchain settlement without moving money outside the banking system.
For banks, the appeal is obvious. Tokenized deposits allow them to modernize payments while defending their deposit base. If clients want programmable money and faster settlement, banks can offer those features without giving up the core economics of banking. That makes tokenized deposits both a technology upgrade and a competitive response.
For regulators, tokenized deposits may look safer than privately issued stablecoins. They sit within existing bank supervision, capital rules, liquidity requirements and deposit relationships. They may also be easier to integrate with central bank payment systems and wholesale settlement infrastructure.
The United Kingdom is becoming an important test case for this debate. The Bank of England has softened parts of its stablecoin framework, dropping proposed individual holding limits and replacing them with a temporary £40 billion issuance guardrail per systemic stablecoin. It also allows systemic stablecoin issuers to hold up to 70% of reserves in short-term UK government debt, with the remaining portion held in non-interest-bearing deposits at the central bank.
At the same time, the Financial Conduct Authority has reduced planned capital requirements for non-systemic stablecoin issuers from 2% to 1% of the value issued. The final UK crypto regime is expected to bring trading platforms, custodians, stablecoin issuers and other crypto firms into full FCA authorisation from October 2027.
These changes show that the UK is trying to become more competitive without abandoning a cautious approach. The Bank of England still appears focused on protecting credit provision and limiting systemic risk. The FCA is trying to make the rules more workable for industry. Between those two priorities sits the question of what form of digital money should dominate.
The U.S. debate looks different. American policymakers and market participants have been more willing to treat dollar stablecoins as a strategic tool that could reinforce the global role of the dollar. That creates a contrast with the UK and parts of Europe, where officials often emphasize financial stability and bank intermediation.
The result could be a split in the future of digital money. In crypto markets and cross-border payments, stablecoins may continue to grow quickly because they are already liquid, widely used and easy to integrate. In regulated banking and institutional settlement, tokenized deposits may gain ground because they fit more naturally into the existing financial system.
The two models may also coexist. Stablecoins could serve exchanges, wallets, fintechs and global retail payments. Tokenized deposits could serve banks, corporates and institutional settlement. Central bank digital currencies, if they emerge at scale, could provide another layer for wholesale or public-sector use cases.
The competition will not be decided only by technology. It will depend on regulation, trust, liquidity, interoperability and incentives. Stablecoins have the advantage of market adoption. Tokenized deposits have the advantage of institutional familiarity and regulatory comfort.
Banks cannot ignore stablecoins anymore. But they do not need to copy them exactly. Tokenized deposits give banks a way to compete on blockchain rails while keeping money inside the banking system.
That may be the real battle ahead. Not crypto versus banks, and not CBDCs versus stablecoins, but stablecoins versus tokenized commercial bank money.
If banks move quickly enough, the next generation of digital payments may not be built entirely outside the banking sector. It may be built by banks trying to make deposits programmable.
The post Banks are preparing their answer to stablecoins: tokenized deposits appeared first on Crypto Reporter.
The answer is tokenized deposits — digital versions of commercial bank money that can move on blockchain-based systems while remaining inside the regulated banking sector. If stablecoins are crypto’s version of digital cash, tokenized deposits are the banking industry’s attempt to bring similar functionality to existing money.
The distinction matters. A stablecoin is usually issued by a non-bank or specialist issuer and backed by reserves such as cash, bank deposits or short-term government debt. A tokenized deposit, by contrast, represents a claim on a commercial bank deposit. It is designed to preserve the existing relationship between banks, depositors and the regulated financial system.
That difference is becoming more important as policymakers worry about the growth of stablecoins. Stablecoins can make payments faster, cheaper and more programmable. But at scale, they may also pull money away from bank deposits, affect credit creation and create new financial-stability risks.
Bank of England policymaker Megan Greene recently argued that stablecoin demand may fade and be overtaken by tokenized deposits within five years. Her view reflects a growing belief among some central bankers that commercial banks, not standalone stablecoin issuers, may be better placed to provide digital money for mainstream finance.
The argument is not that stablecoins will disappear. They already play a major role in crypto trading, cross-border transfers and dollar liquidity. But tokenized deposits could become the preferred option for regulated institutions that want blockchain settlement without moving money outside the banking system.
For banks, the appeal is obvious. Tokenized deposits allow them to modernize payments while defending their deposit base. If clients want programmable money and faster settlement, banks can offer those features without giving up the core economics of banking. That makes tokenized deposits both a technology upgrade and a competitive response.
For regulators, tokenized deposits may look safer than privately issued stablecoins. They sit within existing bank supervision, capital rules, liquidity requirements and deposit relationships. They may also be easier to integrate with central bank payment systems and wholesale settlement infrastructure.
The United Kingdom is becoming an important test case for this debate. The Bank of England has softened parts of its stablecoin framework, dropping proposed individual holding limits and replacing them with a temporary £40 billion issuance guardrail per systemic stablecoin. It also allows systemic stablecoin issuers to hold up to 70% of reserves in short-term UK government debt, with the remaining portion held in non-interest-bearing deposits at the central bank.
At the same time, the Financial Conduct Authority has reduced planned capital requirements for non-systemic stablecoin issuers from 2% to 1% of the value issued. The final UK crypto regime is expected to bring trading platforms, custodians, stablecoin issuers and other crypto firms into full FCA authorisation from October 2027.
These changes show that the UK is trying to become more competitive without abandoning a cautious approach. The Bank of England still appears focused on protecting credit provision and limiting systemic risk. The FCA is trying to make the rules more workable for industry. Between those two priorities sits the question of what form of digital money should dominate.
The U.S. debate looks different. American policymakers and market participants have been more willing to treat dollar stablecoins as a strategic tool that could reinforce the global role of the dollar. That creates a contrast with the UK and parts of Europe, where officials often emphasize financial stability and bank intermediation.
The result could be a split in the future of digital money. In crypto markets and cross-border payments, stablecoins may continue to grow quickly because they are already liquid, widely used and easy to integrate. In regulated banking and institutional settlement, tokenized deposits may gain ground because they fit more naturally into the existing financial system.
The two models may also coexist. Stablecoins could serve exchanges, wallets, fintechs and global retail payments. Tokenized deposits could serve banks, corporates and institutional settlement. Central bank digital currencies, if they emerge at scale, could provide another layer for wholesale or public-sector use cases.
The competition will not be decided only by technology. It will depend on regulation, trust, liquidity, interoperability and incentives. Stablecoins have the advantage of market adoption. Tokenized deposits have the advantage of institutional familiarity and regulatory comfort.
Banks cannot ignore stablecoins anymore. But they do not need to copy them exactly. Tokenized deposits give banks a way to compete on blockchain rails while keeping money inside the banking system.
That may be the real battle ahead. Not crypto versus banks, and not CBDCs versus stablecoins, but stablecoins versus tokenized commercial bank money.
If banks move quickly enough, the next generation of digital payments may not be built entirely outside the banking sector. It may be built by banks trying to make deposits programmable.
The post Banks are preparing their answer to stablecoins: tokenized deposits appeared first on Crypto Reporter.
104
Artikel
Lihat terjemahan
Trump Financial Disclosure Shows Significant Crypto-related IncomePresident Donald Trump’s latest financial disclosure provides one of the clearest views yet into the scale of his involvement with the cryptocurrency industry, showing more than $1.4 billion in reported income from crypto-related ventures during 2025, according to a Reuters analysis of the filing.
The disclosure, released by the U.S. Office of Government Ethics, shows that cryptocurrency has become Trump’s largest reported source of income, surpassing revenue from his traditional real estate, golf, and licensing businesses. The filing is available on the Office of Government Ethics website.
According to Reuters, nearly $800 million of the reported crypto income came from World Liberty Financial, the crypto venture co-founded with his sons. That total includes more than $520 million from token sales and over $250 million from the sale of business interests. The filing also reports approximately $635 million in income from sales related to the TRUMP memecoin.
The figures represent a sharp increase from Trump’s previous annual disclosure, which reported $57.35 million in income from World Liberty Financial. Reuters said the latest filing reflects the rapid expansion of the Trump family’s digital asset businesses over the past year.
The disclosure comes as cryptocurrency remains a central focus of U.S. regulatory and legislative efforts, with policymakers continuing work on stablecoin legislation, digital asset market structure, and broader oversight of the industry.
Trump has shifted from publicly criticizing cryptocurrencies several years ago to embracing the sector during his recent presidential campaign. His administration has since pursued policies viewed by the industry as supportive of digital assets and blockchain innovation.
The filing underscores how cryptocurrency has become a significant component of the business interests disclosed by senior U.S. public officials, reflecting the sector’s growing role within the broader financial landscape.
The post Trump financial disclosure shows significant crypto-related income appeared first on Crypto Reporter.
Trump Financial Disclosure Shows Significant Crypto-related Income
President Donald Trump’s latest financial disclosure provides one of the clearest views yet into the scale of his involvement with the cryptocurrency industry, showing more than $1.4 billion in reported income from crypto-related ventures during 2025, according to a Reuters analysis of the filing.
The disclosure, released by the U.S. Office of Government Ethics, shows that cryptocurrency has become Trump’s largest reported source of income, surpassing revenue from his traditional real estate, golf, and licensing businesses. The filing is available on the Office of Government Ethics website.
According to Reuters, nearly $800 million of the reported crypto income came from World Liberty Financial, the crypto venture co-founded with his sons. That total includes more than $520 million from token sales and over $250 million from the sale of business interests. The filing also reports approximately $635 million in income from sales related to the TRUMP memecoin.
The figures represent a sharp increase from Trump’s previous annual disclosure, which reported $57.35 million in income from World Liberty Financial. Reuters said the latest filing reflects the rapid expansion of the Trump family’s digital asset businesses over the past year.
The disclosure comes as cryptocurrency remains a central focus of U.S. regulatory and legislative efforts, with policymakers continuing work on stablecoin legislation, digital asset market structure, and broader oversight of the industry.
Trump has shifted from publicly criticizing cryptocurrencies several years ago to embracing the sector during his recent presidential campaign. His administration has since pursued policies viewed by the industry as supportive of digital assets and blockchain innovation.
The filing underscores how cryptocurrency has become a significant component of the business interests disclosed by senior U.S. public officials, reflecting the sector’s growing role within the broader financial landscape.
The post Trump financial disclosure shows significant crypto-related income appeared first on Crypto Reporter.
The disclosure, released by the U.S. Office of Government Ethics, shows that cryptocurrency has become Trump’s largest reported source of income, surpassing revenue from his traditional real estate, golf, and licensing businesses. The filing is available on the Office of Government Ethics website.
According to Reuters, nearly $800 million of the reported crypto income came from World Liberty Financial, the crypto venture co-founded with his sons. That total includes more than $520 million from token sales and over $250 million from the sale of business interests. The filing also reports approximately $635 million in income from sales related to the TRUMP memecoin.
The figures represent a sharp increase from Trump’s previous annual disclosure, which reported $57.35 million in income from World Liberty Financial. Reuters said the latest filing reflects the rapid expansion of the Trump family’s digital asset businesses over the past year.
The disclosure comes as cryptocurrency remains a central focus of U.S. regulatory and legislative efforts, with policymakers continuing work on stablecoin legislation, digital asset market structure, and broader oversight of the industry.
Trump has shifted from publicly criticizing cryptocurrencies several years ago to embracing the sector during his recent presidential campaign. His administration has since pursued policies viewed by the industry as supportive of digital assets and blockchain innovation.
The filing underscores how cryptocurrency has become a significant component of the business interests disclosed by senior U.S. public officials, reflecting the sector’s growing role within the broader financial landscape.
The post Trump financial disclosure shows significant crypto-related income appeared first on Crypto Reporter.
301
Artikel
Lihat terjemahan
UK Unveils Its Comprehensive Crypto Regulatory FrameworkThe United Kingdom has unveiled its most comprehensive regulatory framework for digital assets to date, moving to bring crypto businesses under a unified supervisory regime while sharpening its ambition to become a leading global center for blockchain innovation and digital finance.
Published by the Financial Conduct Authority (FCA), the long-awaited cryptoasset rulebook establishes a licensing and supervisory framework for exchanges, custodians, trading platforms, brokers, and stablecoin issuers. The rules introduce new standards for governance, consumer protection, custody, market integrity, and operational resilience, bringing much of the crypto industry closer to the regulatory expectations applied to traditional financial institutions.
One of the most closely watched changes is the FCA’s decision to reduce the capital requirement for non-systemic stablecoin issuers from 2% to 1% following industry consultation. The adjustment addresses concerns that the original proposal could have constrained growth while preserving safeguards designed to protect consumers and maintain financial stability. Reuters first reported details of the revised capital framework.
Beyond stablecoins, the framework introduces stricter rules governing the safeguarding of customer assets, financial resilience, operational risk management, disclosure requirements, and market abuse prevention. Firms operating in the UK will be expected to meet higher governance standards while implementing controls aimed at reducing fraud, conflicts of interest, and market manipulation. Systemically important stablecoins will continue to fall under additional oversight from the Bank of England. A detailed breakdown of the framework is available from The Block.
The FCA said firms can begin applying for authorization on September 30, 2026, with the application window remaining open until February 28, 2027. The broader regulatory regime is expected to take effect in October 2027, giving firms time to transition to the new compliance standards.
The rollout comes as major financial centers race to establish clear regulatory frameworks for digital assets. With the European Union implementing its Markets in Crypto-Assets (MiCA) regime and the United States continuing to expand federal oversight, the UK is seeking to position itself as a jurisdiction that combines regulatory certainty with an innovation-friendly approach.
For institutional investors and crypto firms, the significance extends beyond compliance. Clear rules have long been viewed as a prerequisite for broader participation by banks, asset managers, and payment providers, many of which have delayed expansion plans pending greater regulatory certainty. By aligning digital asset regulation more closely with existing financial market standards, the UK aims to reduce legal ambiguity while encouraging responsible innovation.
Market participants broadly welcomed the publication of the final framework, noting that regulators incorporated several recommendations made during the consultation process. Analysts say the rulebook could strengthen London’s competitiveness in digital finance, particularly as tokenization, regulated stablecoins, and blockchain-based financial infrastructure continue to attract growing institutional interest.
The post UK unveils its comprehensive crypto regulatory framework appeared first on Crypto Reporter.
UK Unveils Its Comprehensive Crypto Regulatory Framework
The United Kingdom has unveiled its most comprehensive regulatory framework for digital assets to date, moving to bring crypto businesses under a unified supervisory regime while sharpening its ambition to become a leading global center for blockchain innovation and digital finance.
Published by the Financial Conduct Authority (FCA), the long-awaited cryptoasset rulebook establishes a licensing and supervisory framework for exchanges, custodians, trading platforms, brokers, and stablecoin issuers. The rules introduce new standards for governance, consumer protection, custody, market integrity, and operational resilience, bringing much of the crypto industry closer to the regulatory expectations applied to traditional financial institutions.
One of the most closely watched changes is the FCA’s decision to reduce the capital requirement for non-systemic stablecoin issuers from 2% to 1% following industry consultation. The adjustment addresses concerns that the original proposal could have constrained growth while preserving safeguards designed to protect consumers and maintain financial stability. Reuters first reported details of the revised capital framework.
Beyond stablecoins, the framework introduces stricter rules governing the safeguarding of customer assets, financial resilience, operational risk management, disclosure requirements, and market abuse prevention. Firms operating in the UK will be expected to meet higher governance standards while implementing controls aimed at reducing fraud, conflicts of interest, and market manipulation. Systemically important stablecoins will continue to fall under additional oversight from the Bank of England. A detailed breakdown of the framework is available from The Block.
The FCA said firms can begin applying for authorization on September 30, 2026, with the application window remaining open until February 28, 2027. The broader regulatory regime is expected to take effect in October 2027, giving firms time to transition to the new compliance standards.
The rollout comes as major financial centers race to establish clear regulatory frameworks for digital assets. With the European Union implementing its Markets in Crypto-Assets (MiCA) regime and the United States continuing to expand federal oversight, the UK is seeking to position itself as a jurisdiction that combines regulatory certainty with an innovation-friendly approach.
For institutional investors and crypto firms, the significance extends beyond compliance. Clear rules have long been viewed as a prerequisite for broader participation by banks, asset managers, and payment providers, many of which have delayed expansion plans pending greater regulatory certainty. By aligning digital asset regulation more closely with existing financial market standards, the UK aims to reduce legal ambiguity while encouraging responsible innovation.
Market participants broadly welcomed the publication of the final framework, noting that regulators incorporated several recommendations made during the consultation process. Analysts say the rulebook could strengthen London’s competitiveness in digital finance, particularly as tokenization, regulated stablecoins, and blockchain-based financial infrastructure continue to attract growing institutional interest.
The post UK unveils its comprehensive crypto regulatory framework appeared first on Crypto Reporter.
Published by the Financial Conduct Authority (FCA), the long-awaited cryptoasset rulebook establishes a licensing and supervisory framework for exchanges, custodians, trading platforms, brokers, and stablecoin issuers. The rules introduce new standards for governance, consumer protection, custody, market integrity, and operational resilience, bringing much of the crypto industry closer to the regulatory expectations applied to traditional financial institutions.
One of the most closely watched changes is the FCA’s decision to reduce the capital requirement for non-systemic stablecoin issuers from 2% to 1% following industry consultation. The adjustment addresses concerns that the original proposal could have constrained growth while preserving safeguards designed to protect consumers and maintain financial stability. Reuters first reported details of the revised capital framework.
Beyond stablecoins, the framework introduces stricter rules governing the safeguarding of customer assets, financial resilience, operational risk management, disclosure requirements, and market abuse prevention. Firms operating in the UK will be expected to meet higher governance standards while implementing controls aimed at reducing fraud, conflicts of interest, and market manipulation. Systemically important stablecoins will continue to fall under additional oversight from the Bank of England. A detailed breakdown of the framework is available from The Block.
The FCA said firms can begin applying for authorization on September 30, 2026, with the application window remaining open until February 28, 2027. The broader regulatory regime is expected to take effect in October 2027, giving firms time to transition to the new compliance standards.
The rollout comes as major financial centers race to establish clear regulatory frameworks for digital assets. With the European Union implementing its Markets in Crypto-Assets (MiCA) regime and the United States continuing to expand federal oversight, the UK is seeking to position itself as a jurisdiction that combines regulatory certainty with an innovation-friendly approach.
For institutional investors and crypto firms, the significance extends beyond compliance. Clear rules have long been viewed as a prerequisite for broader participation by banks, asset managers, and payment providers, many of which have delayed expansion plans pending greater regulatory certainty. By aligning digital asset regulation more closely with existing financial market standards, the UK aims to reduce legal ambiguity while encouraging responsible innovation.
Market participants broadly welcomed the publication of the final framework, noting that regulators incorporated several recommendations made during the consultation process. Analysts say the rulebook could strengthen London’s competitiveness in digital finance, particularly as tokenization, regulated stablecoins, and blockchain-based financial infrastructure continue to attract growing institutional interest.
The post UK unveils its comprehensive crypto regulatory framework appeared first on Crypto Reporter.
137
Artikel
Lihat terjemahan
Binance to Halt EU Crypto Services After Missing MiCA Licence DeadlineBinance will suspend cryptocurrency services for customers across much of the European Union beginning July 1 after failing to obtain authorization under the bloc’s new Markets in Crypto-Assets (MiCA) regulatory framework, marking one of the biggest setbacks yet for the world’s largest cryptocurrency exchange.
The company withdrew its application for a MiCA licence in Greece after regulators indicated that approval was unlikely before the June 30 deadline. Without authorization from an EU member state, Binance is no longer permitted to offer regulated crypto services throughout the bloc once MiCA becomes fully effective, according to reporting by the Financial Times.
Europe’s Largest Crypto Regulatory Overhaul
The decision comes as the European Union completes implementation of MiCA, the world’s first comprehensive regulatory framework for digital assets. The rules establish a single licensing regime across the EU’s 27 member states, replacing fragmented national regulations with unified standards covering exchanges, stablecoins, custody services and consumer protection.
Industry estimates indicate that more than 1,200 crypto firms previously operating under national registrations have been affected by the new regime, while fewer than one in five had secured MiCA authorization before the deadline, according to an analysis published by Euronews.
Customers Retain Access to Assets
Binance said customers’ digital assets remain secure and accessible, although onboarding of new users has already been suspended and several trading and investment services will be restricted from July 1 until regulatory approval is obtained. Existing users will retain access to withdrawals and asset custody during the transition, according to company notices summarized by CoinDesk.
Strategic Challenge for the World’s Largest Exchange
The regulatory setback highlights Binance’s continuing effort to rebuild its global compliance credentials following years of heightened regulatory scrutiny. Although the exchange still accounts for roughly 39% of global centralized cryptocurrency trading volume, losing access to one of the world’s largest regulated crypto markets represents a significant strategic challenge. Binance has stated that it intends to pursue MiCA authorization through France, but regulatory approval is unlikely before the July implementation deadline, according to market analysis by BeInCrypto.
The post Binance to halt EU crypto services after missing MiCA licence deadline appeared first on Crypto Reporter.
Binance to Halt EU Crypto Services After Missing MiCA Licence Deadline
Binance will suspend cryptocurrency services for customers across much of the European Union beginning July 1 after failing to obtain authorization under the bloc’s new Markets in Crypto-Assets (MiCA) regulatory framework, marking one of the biggest setbacks yet for the world’s largest cryptocurrency exchange.
The company withdrew its application for a MiCA licence in Greece after regulators indicated that approval was unlikely before the June 30 deadline. Without authorization from an EU member state, Binance is no longer permitted to offer regulated crypto services throughout the bloc once MiCA becomes fully effective, according to reporting by the Financial Times.
Europe’s Largest Crypto Regulatory Overhaul
The decision comes as the European Union completes implementation of MiCA, the world’s first comprehensive regulatory framework for digital assets. The rules establish a single licensing regime across the EU’s 27 member states, replacing fragmented national regulations with unified standards covering exchanges, stablecoins, custody services and consumer protection.
Industry estimates indicate that more than 1,200 crypto firms previously operating under national registrations have been affected by the new regime, while fewer than one in five had secured MiCA authorization before the deadline, according to an analysis published by Euronews.
Customers Retain Access to Assets
Binance said customers’ digital assets remain secure and accessible, although onboarding of new users has already been suspended and several trading and investment services will be restricted from July 1 until regulatory approval is obtained. Existing users will retain access to withdrawals and asset custody during the transition, according to company notices summarized by CoinDesk.
Strategic Challenge for the World’s Largest Exchange
The regulatory setback highlights Binance’s continuing effort to rebuild its global compliance credentials following years of heightened regulatory scrutiny. Although the exchange still accounts for roughly 39% of global centralized cryptocurrency trading volume, losing access to one of the world’s largest regulated crypto markets represents a significant strategic challenge. Binance has stated that it intends to pursue MiCA authorization through France, but regulatory approval is unlikely before the July implementation deadline, according to market analysis by BeInCrypto.
The post Binance to halt EU crypto services after missing MiCA licence deadline appeared first on Crypto Reporter.
The company withdrew its application for a MiCA licence in Greece after regulators indicated that approval was unlikely before the June 30 deadline. Without authorization from an EU member state, Binance is no longer permitted to offer regulated crypto services throughout the bloc once MiCA becomes fully effective, according to reporting by the Financial Times.
Europe’s Largest Crypto Regulatory Overhaul
The decision comes as the European Union completes implementation of MiCA, the world’s first comprehensive regulatory framework for digital assets. The rules establish a single licensing regime across the EU’s 27 member states, replacing fragmented national regulations with unified standards covering exchanges, stablecoins, custody services and consumer protection.
Industry estimates indicate that more than 1,200 crypto firms previously operating under national registrations have been affected by the new regime, while fewer than one in five had secured MiCA authorization before the deadline, according to an analysis published by Euronews.
Customers Retain Access to Assets
Binance said customers’ digital assets remain secure and accessible, although onboarding of new users has already been suspended and several trading and investment services will be restricted from July 1 until regulatory approval is obtained. Existing users will retain access to withdrawals and asset custody during the transition, according to company notices summarized by CoinDesk.
Strategic Challenge for the World’s Largest Exchange
The regulatory setback highlights Binance’s continuing effort to rebuild its global compliance credentials following years of heightened regulatory scrutiny. Although the exchange still accounts for roughly 39% of global centralized cryptocurrency trading volume, losing access to one of the world’s largest regulated crypto markets represents a significant strategic challenge. Binance has stated that it intends to pursue MiCA authorization through France, but regulatory approval is unlikely before the July implementation deadline, according to market analysis by BeInCrypto.
The post Binance to halt EU crypto services after missing MiCA licence deadline appeared first on Crypto Reporter.
101
Artikel
Arus Keluar ETF Bitcoin Mempercepat Saat Investor Institusional Menarik DiriDana pertukaran yang diperdagangkan (ETF) Bitcoin spot AS memperpanjang periode terlama penarikan dana investor secara berkelanjutan tahun ini, menegaskan melemahnya selera institusi terhadap aset digital saat Bitcoin diperdagangkan mendekati level terendah dalam beberapa bulan.
Dana tersebut mencatat sekitar $6,35 miliar dalam akumulasi arus keluar bersih selama beberapa minggu terakhir, dengan $1,7 miliar keluar dari produk tersebut hanya pada pekan terbaru, menurut data pasar yang dikumpulkan oleh Yellow dan CoinGlass. Pada 25 Juni, investor menarik hampir $692 juta, salah satu arus keluar satu hari terbesar pada tahun 2026, diikuti oleh penarikan lain sebesar $445 juta pada 26 Juni.
Arus Keluar ETF Bitcoin Mempercepat Saat Investor Institusional Menarik Diri
Dana pertukaran yang diperdagangkan (ETF) Bitcoin spot AS memperpanjang periode terlama penarikan dana investor secara berkelanjutan tahun ini, menegaskan melemahnya selera institusi terhadap aset digital saat Bitcoin diperdagangkan mendekati level terendah dalam beberapa bulan.
Dana tersebut mencatat sekitar $6,35 miliar dalam akumulasi arus keluar bersih selama beberapa minggu terakhir, dengan $1,7 miliar keluar dari produk tersebut hanya pada pekan terbaru, menurut data pasar yang dikumpulkan oleh Yellow dan CoinGlass. Pada 25 Juni, investor menarik hampir $692 juta, salah satu arus keluar satu hari terbesar pada tahun 2026, diikuti oleh penarikan lain sebesar $445 juta pada 26 Juni.
Dana tersebut mencatat sekitar $6,35 miliar dalam akumulasi arus keluar bersih selama beberapa minggu terakhir, dengan $1,7 miliar keluar dari produk tersebut hanya pada pekan terbaru, menurut data pasar yang dikumpulkan oleh Yellow dan CoinGlass. Pada 25 Juni, investor menarik hampir $692 juta, salah satu arus keluar satu hari terbesar pada tahun 2026, diikuti oleh penarikan lain sebesar $445 juta pada 26 Juni.
196
Artikel
Binance Menghadapi Risiko Akses UE Saat Keputusan MiCA Yunani MendekatBinance menghadapi ujian kritis di Eropa, dengan kemampuannya untuk melayani pelanggan di seluruh Uni Eropa dilaporkan berada dalam risiko saat tenggat waktu lisensi kripto blok tersebut mendekat.
Bursa kripto terbesar di dunia diperkirakan akan kehilangan izin untuk beroperasi di UE mulai bulan depan karena aplikasi mereka untuk Regulasi Pasar dalam Aset Kripto, atau MiCA, di Yunani diperkirakan akan ditolak, lapor Reuters, mengutip dua orang yang akrab dengan masalah ini.
Binance mengajukan permohonan melalui Komisi Pasar Modal Hellenic Yunani, mencari otorisasi yang akan memungkinkan mereka untuk "memasuki" layanan di seluruh 27 negara anggota UE. Di bawah MiCA, penyedia layanan aset kripto harus mendapatkan persetujuan dari regulator nasional di satu negara UE untuk terus melayani klien di seluruh blok setelah periode transisi berakhir.
Binance Menghadapi Risiko Akses UE Saat Keputusan MiCA Yunani Mendekat
Binance menghadapi ujian kritis di Eropa, dengan kemampuannya untuk melayani pelanggan di seluruh Uni Eropa dilaporkan berada dalam risiko saat tenggat waktu lisensi kripto blok tersebut mendekat.
Bursa kripto terbesar di dunia diperkirakan akan kehilangan izin untuk beroperasi di UE mulai bulan depan karena aplikasi mereka untuk Regulasi Pasar dalam Aset Kripto, atau MiCA, di Yunani diperkirakan akan ditolak, lapor Reuters, mengutip dua orang yang akrab dengan masalah ini.
Binance mengajukan permohonan melalui Komisi Pasar Modal Hellenic Yunani, mencari otorisasi yang akan memungkinkan mereka untuk "memasuki" layanan di seluruh 27 negara anggota UE. Di bawah MiCA, penyedia layanan aset kripto harus mendapatkan persetujuan dari regulator nasional di satu negara UE untuk terus melayani klien di seluruh blok setelah periode transisi berakhir.
Bursa kripto terbesar di dunia diperkirakan akan kehilangan izin untuk beroperasi di UE mulai bulan depan karena aplikasi mereka untuk Regulasi Pasar dalam Aset Kripto, atau MiCA, di Yunani diperkirakan akan ditolak, lapor Reuters, mengutip dua orang yang akrab dengan masalah ini.
Binance mengajukan permohonan melalui Komisi Pasar Modal Hellenic Yunani, mencari otorisasi yang akan memungkinkan mereka untuk "memasuki" layanan di seluruh 27 negara anggota UE. Di bawah MiCA, penyedia layanan aset kripto harus mendapatkan persetujuan dari regulator nasional di satu negara UE untuk terus melayani klien di seluruh blok setelah periode transisi berakhir.
122
Artikel
Bursa Crypto Mulai Mirip dengan Broker GlobalBursa crypto udah nggak cuma berusaha jadi bursa crypto lagi.
Jumlah platform yang membangun bisnis mereka di sekitar bitcoin, ether, dan stablecoin semakin banyak yang mulai bergerak ke produk keuangan tradisional: saham, reksa dana yang diperdagangkan di bursa, ekuitas tokenized, dan bahkan eksposur sebelum IPO. Hasilnya adalah lanskap kompetitif baru di mana venue crypto semakin mirip dengan broker global — tapi dengan rel blockchain, ambisi trading 24/7, dan basis pengguna yang lebih muda serta internasional.
Binance baru-baru ini jadi contoh paling jelas dari pergeseran ini. Perusahaan ini bilang mereka udah meluncurkan trading saham AS dan reksa dana yang diperdagangkan di bursa untuk pelanggan di platformnya, memperluas jangkauan dari aset digital ke pasar tradisional. Reuters melaporkan bahwa pengguna bakal bisa akses lebih dari 7.000 saham AS dan ETF lewat aplikasi Binance, selain token crypto.
Bursa Crypto Mulai Mirip dengan Broker Global
Bursa crypto udah nggak cuma berusaha jadi bursa crypto lagi.
Jumlah platform yang membangun bisnis mereka di sekitar bitcoin, ether, dan stablecoin semakin banyak yang mulai bergerak ke produk keuangan tradisional: saham, reksa dana yang diperdagangkan di bursa, ekuitas tokenized, dan bahkan eksposur sebelum IPO. Hasilnya adalah lanskap kompetitif baru di mana venue crypto semakin mirip dengan broker global — tapi dengan rel blockchain, ambisi trading 24/7, dan basis pengguna yang lebih muda serta internasional.
Binance baru-baru ini jadi contoh paling jelas dari pergeseran ini. Perusahaan ini bilang mereka udah meluncurkan trading saham AS dan reksa dana yang diperdagangkan di bursa untuk pelanggan di platformnya, memperluas jangkauan dari aset digital ke pasar tradisional. Reuters melaporkan bahwa pengguna bakal bisa akses lebih dari 7.000 saham AS dan ETF lewat aplikasi Binance, selain token crypto.
Jumlah platform yang membangun bisnis mereka di sekitar bitcoin, ether, dan stablecoin semakin banyak yang mulai bergerak ke produk keuangan tradisional: saham, reksa dana yang diperdagangkan di bursa, ekuitas tokenized, dan bahkan eksposur sebelum IPO. Hasilnya adalah lanskap kompetitif baru di mana venue crypto semakin mirip dengan broker global — tapi dengan rel blockchain, ambisi trading 24/7, dan basis pengguna yang lebih muda serta internasional.
Binance baru-baru ini jadi contoh paling jelas dari pergeseran ini. Perusahaan ini bilang mereka udah meluncurkan trading saham AS dan reksa dana yang diperdagangkan di bursa untuk pelanggan di platformnya, memperluas jangkauan dari aset digital ke pasar tradisional. Reuters melaporkan bahwa pengguna bakal bisa akses lebih dari 7.000 saham AS dan ETF lewat aplikasi Binance, selain token crypto.
161
Artikel
Stablecoins Menjadi Infrastruktur Pembayaran BaruStablecoins sedang bergerak dari pinggiran pasar crypto ke pusat keuangan global.
Selama bertahun-tahun, token yang didukung dolar seperti USDT dan USDC sebagian besar diperlakukan sebagai instrumen trading — cara bagi investor crypto untuk berpindah cepat antar bursa, menghindari keterlambatan perbankan, dan menyimpan nilai tanpa keluar ke uang tradisional. Peran itu belum hilang. Tapi cerita yang lebih besar sekarang ada di tempat lain: stablecoins sedang menjadi bagian dari debat infrastruktur untuk bank, perusahaan pembayaran, fintech, dan regulator.
Stablecoins Menjadi Infrastruktur Pembayaran Baru
Stablecoins sedang bergerak dari pinggiran pasar crypto ke pusat keuangan global.
Selama bertahun-tahun, token yang didukung dolar seperti USDT dan USDC sebagian besar diperlakukan sebagai instrumen trading — cara bagi investor crypto untuk berpindah cepat antar bursa, menghindari keterlambatan perbankan, dan menyimpan nilai tanpa keluar ke uang tradisional. Peran itu belum hilang. Tapi cerita yang lebih besar sekarang ada di tempat lain: stablecoins sedang menjadi bagian dari debat infrastruktur untuk bank, perusahaan pembayaran, fintech, dan regulator.
Selama bertahun-tahun, token yang didukung dolar seperti USDT dan USDC sebagian besar diperlakukan sebagai instrumen trading — cara bagi investor crypto untuk berpindah cepat antar bursa, menghindari keterlambatan perbankan, dan menyimpan nilai tanpa keluar ke uang tradisional. Peran itu belum hilang. Tapi cerita yang lebih besar sekarang ada di tempat lain: stablecoins sedang menjadi bagian dari debat infrastruktur untuk bank, perusahaan pembayaran, fintech, dan regulator.
100
Terverifikasi
Zcash Jatuh Setelah Pengungkapan Kerentanan Kritis Berusia Empat TahunToken asli Zcash, ZEC, terjun lebih dari 30% setelah pengembang mengungkapkan kerentanan kritis yang bisa memungkinkan seorang penyerang untuk menciptakan jumlah token palsu yang tidak terbatas tanpa terdeteksi, menurut laporan yang diterbitkan Kamis dan Jumat.
Kelemahan ini ditemukan selama tinjauan keamanan terhadap pool privasi Orchard milik Zcash, yang merupakan komponen inti dari sistem transaksi tersembunyi jaringan. Para pengembang mengatakan bahwa bug ini sudah ada selama sekitar empat tahun sebelum teridentifikasi dan diperbaiki.
Zcash Jatuh Setelah Pengungkapan Kerentanan Kritis Berusia Empat Tahun
Token asli Zcash, ZEC, terjun lebih dari 30% setelah pengembang mengungkapkan kerentanan kritis yang bisa memungkinkan seorang penyerang untuk menciptakan jumlah token palsu yang tidak terbatas tanpa terdeteksi, menurut laporan yang diterbitkan Kamis dan Jumat.
Kelemahan ini ditemukan selama tinjauan keamanan terhadap pool privasi Orchard milik Zcash, yang merupakan komponen inti dari sistem transaksi tersembunyi jaringan. Para pengembang mengatakan bahwa bug ini sudah ada selama sekitar empat tahun sebelum teridentifikasi dan diperbaiki.
Kelemahan ini ditemukan selama tinjauan keamanan terhadap pool privasi Orchard milik Zcash, yang merupakan komponen inti dari sistem transaksi tersembunyi jaringan. Para pengembang mengatakan bahwa bug ini sudah ada selama sekitar empat tahun sebelum teridentifikasi dan diperbaiki.
2
4
6.2k
Stablecoin Menjadi Sorotan Saat Regulator dan Institusi Membentuk Masa Depan CryptoIndustri cryptocurrency tetap fokus pada stablecoin saat regulator, institusi keuangan, dan perusahaan blockchain semakin intensif berupaya membentuk masa depan pembayaran digital.
Selama seminggu terakhir, diskusi seputar regulasi stablecoin mendominasi lingkaran kebijakan di Washington dan pusat keuangan utama di seluruh dunia. Pembuat undang-undang terus mengevaluasi kerangka kerja yang dirancang untuk mengatur penerbitan, manajemen cadangan, dan pengawasan aset digital yang terikat dolar, yang telah menjadi komponen penting dari ekosistem cryptocurrency yang lebih luas. Untuk latar belakang mengenai perkembangan legislatif terbaru, lihat analisis CoinDesk tentang Undang-Undang GENIUS dan implikasinya di pasar.
Stablecoin Menjadi Sorotan Saat Regulator dan Institusi Membentuk Masa Depan Crypto
Industri cryptocurrency tetap fokus pada stablecoin saat regulator, institusi keuangan, dan perusahaan blockchain semakin intensif berupaya membentuk masa depan pembayaran digital.
Selama seminggu terakhir, diskusi seputar regulasi stablecoin mendominasi lingkaran kebijakan di Washington dan pusat keuangan utama di seluruh dunia. Pembuat undang-undang terus mengevaluasi kerangka kerja yang dirancang untuk mengatur penerbitan, manajemen cadangan, dan pengawasan aset digital yang terikat dolar, yang telah menjadi komponen penting dari ekosistem cryptocurrency yang lebih luas. Untuk latar belakang mengenai perkembangan legislatif terbaru, lihat analisis CoinDesk tentang Undang-Undang GENIUS dan implikasinya di pasar.
Selama seminggu terakhir, diskusi seputar regulasi stablecoin mendominasi lingkaran kebijakan di Washington dan pusat keuangan utama di seluruh dunia. Pembuat undang-undang terus mengevaluasi kerangka kerja yang dirancang untuk mengatur penerbitan, manajemen cadangan, dan pengawasan aset digital yang terikat dolar, yang telah menjadi komponen penting dari ekosistem cryptocurrency yang lebih luas. Untuk latar belakang mengenai perkembangan legislatif terbaru, lihat analisis CoinDesk tentang Undang-Undang GENIUS dan implikasinya di pasar.
1
159
BNB Smart Chain Berhasil Menguji Kriptografi Tahan KuantumUji coba BSC terhadap kriptografi tahan kuantum berhasil. Trade-off: throughput transaksi sekitar 40% lebih lambat.
Laporan migrasi pasca-kuantum blockchain menunjukkan bahwa mengganti tanda tangan kurva eliptik dengan skema ML-DSA-44 yang distandarisasi NIST mengurangi throughput lintas wilayah dari 4.973 transaksi per detik menjadi 2.997 TPS, seiring dengan melonjaknya ukuran data transaksi.
Eksperimen ini menukar tanda tangan ECDSA dengan ML-DSA-44, yang juga dikenal sebagai Dilithium2, sambil mengganti agregasi validator BLS12-381 dengan sistem berbasis pqSTARK yang bertujuan untuk mengompresi tanda tangan konsensus.
BNB Smart Chain Berhasil Menguji Kriptografi Tahan Kuantum
Uji coba BSC terhadap kriptografi tahan kuantum berhasil. Trade-off: throughput transaksi sekitar 40% lebih lambat.
Laporan migrasi pasca-kuantum blockchain menunjukkan bahwa mengganti tanda tangan kurva eliptik dengan skema ML-DSA-44 yang distandarisasi NIST mengurangi throughput lintas wilayah dari 4.973 transaksi per detik menjadi 2.997 TPS, seiring dengan melonjaknya ukuran data transaksi.
Eksperimen ini menukar tanda tangan ECDSA dengan ML-DSA-44, yang juga dikenal sebagai Dilithium2, sambil mengganti agregasi validator BLS12-381 dengan sistem berbasis pqSTARK yang bertujuan untuk mengompresi tanda tangan konsensus.
Laporan migrasi pasca-kuantum blockchain menunjukkan bahwa mengganti tanda tangan kurva eliptik dengan skema ML-DSA-44 yang distandarisasi NIST mengurangi throughput lintas wilayah dari 4.973 transaksi per detik menjadi 2.997 TPS, seiring dengan melonjaknya ukuran data transaksi.
Eksperimen ini menukar tanda tangan ECDSA dengan ML-DSA-44, yang juga dikenal sebagai Dilithium2, sambil mengganti agregasi validator BLS12-381 dengan sistem berbasis pqSTARK yang bertujuan untuk mengompresi tanda tangan konsensus.
233
Artikel
Senat Mengungkap Draf Terbaru Undang-Undang Kejelasan Saat Aturan Pasar Crypto Menuju MarkupKomite Perbankan Senat AS telah merilis teks terbaru dari Undang-Undang Kejelasan Pasar Aset Digital, membawa salah satu undang-undang struktur pasar crypto yang paling diperhatikan di Washington kembali ke kalender legislatif.
Draf 309 halaman ini, yang dirilis menjelang sesi eksekutif pada 14 Mei, akan menjadi dasar bagi markup komite untuk H.R. 3633, yang secara resmi berjudul Undang-Undang Kejelasan Pasar Aset Digital 2025. Sidang dijadwalkan pukul 10:30 pagi di Gedung Kantor Senat Dirksen, menurut pemberitahuan komite.
Senat Mengungkap Draf Terbaru Undang-Undang Kejelasan Saat Aturan Pasar Crypto Menuju Markup
Komite Perbankan Senat AS telah merilis teks terbaru dari Undang-Undang Kejelasan Pasar Aset Digital, membawa salah satu undang-undang struktur pasar crypto yang paling diperhatikan di Washington kembali ke kalender legislatif.
Draf 309 halaman ini, yang dirilis menjelang sesi eksekutif pada 14 Mei, akan menjadi dasar bagi markup komite untuk H.R. 3633, yang secara resmi berjudul Undang-Undang Kejelasan Pasar Aset Digital 2025. Sidang dijadwalkan pukul 10:30 pagi di Gedung Kantor Senat Dirksen, menurut pemberitahuan komite.
Draf 309 halaman ini, yang dirilis menjelang sesi eksekutif pada 14 Mei, akan menjadi dasar bagi markup komite untuk H.R. 3633, yang secara resmi berjudul Undang-Undang Kejelasan Pasar Aset Digital 2025. Sidang dijadwalkan pukul 10:30 pagi di Gedung Kantor Senat Dirksen, menurut pemberitahuan komite.
208
Masuk untuk menjelajahi konten lainnya
Bergabunglah dengan pengguna kripto global di Binance Square
⚡️ Dapatkan informasi terbaru dan berguna tentang kripto.
💬 Dipercayai oleh bursa kripto terbesar di dunia.
👍 Temukan wawasan nyata dari kreator terverifikasi.
Email/Nomor Ponsel
Topik Sedang Tren
USJulyJobsUnexpectedlyFall
8,138 penayangan
249 Berdiskusi
#usjulyjobsunexpectedlyfall — Pasar Tenaga Kerja Baru Saja Memberi The Fed Kurva Ke Kejutan
Pengusaha AS memangkas 23.000 pekerjaan pada bulan Juli — penurunan bulanan pertama sejak Februari — dibanding perkiraan +80K. Dan revisinya makin tajam: Mei dan Juni direvisi turun gabungan sebesar 103.000 pekerjaan. Para ekonom menyebutnya "kejutan besar."
🔍 Yang mendasari di balik permukaan
Pengangguran turun menjadi 4,1% (dari 4,2%) — tapi karena alasan yang keliru: partisipasi angkatan kerja terus menurun (61,4%), artinya lebih sedikit orang yang bahkan mencari pekerjaan. Ini adalah tingkat pengangguran terendah dalam dua tahun, namun menurut jubir The Fed Nick Timiraos, ini adalah pembacaan yang "lunak".
Rinciannya penting: sektor swasta justru menambah +30K pekerjaan; seluruh penurunan bersih berasal dari pemerintah (-53K, sebagian besar karena gangguan musiman pendidikan lokal). Jadi ini pendinginan, bukan keruntuhan (penjelasan Viral Patel — pendapat pribadi, hanya untuk referensi). Upah +3,2% y/y — masih cukup lengket untuk menjaga kekhawatiran inflasi tetap hidup.
💥 Reaksi pasar — risk-on, bukan risk-off
Ini bagian yang menarik: pekerjaan yang buruk = pasar yang bagus (harapan kenaikan suku bunga meredup).
💥Bitcoin ($BTC ) kembali naik melewati $65K
💥Nasdaq futures +0,79%, S&P +0,39%, Dow +0,27%
💥Imbal hasil obligasi Treasury 10Y turun ke 4,627%; DXY turun ke 99,67; emas ($XAU ) melonjak sekitar ~$40 menjadi $4.351
💥Peluang kenaikan suku bunga September anjlok dari 57% → 44%
⏭️ Titik balik sesungguhnya: CPI pada 12 Agustus
Bacaan Timiraos: laporan ini "sulit dibaca" — ini menurunkan urgensi untuk kenaikan September, tetapi inflasi kini menjadi variabel kuncinya. Satu rilis CPI yang moderat dan The Fed bisa dengan nyaman menahan; yang panas dan skenario "tanpa kenaikan" akan langsung terurai.
Intinya untuk para trader: tenaga kerja yang mendingin + ekspektasi suku bunga yang turun = angin segar bagi aset berisiko (BTC, emas, teknologi). Tapi seluruh narasinya bergantung pada CPI minggu depan — tetap gesit.
Untuk tujuan informasi saja — bukan nasihat keuangan.
$CL #SpaceXMarketCapTops$1.613TPassingMeta #USSolarStocksRisePremarket #AlphabetPlansToIssue$25BBonds #GoldBreaksOutFromJanuaryDowntrend
Rohan Kishibe
·Disukai 1 Kali
·1.1k penayangan
AlphabetPlansToIssue$25BBonds
3,140 penayangan
27 Berdiskusi
SpaceXMayCompleteCursorDealAsEarlyAsNextWeekend
5,137 penayangan
66 Berdiskusi