Crypto
Fidelity’s Ethereum ETF to Offer Staking and Quarterly Cash Payouts: Report
A new report cited by Wu Blockchain informed that Fidelity, the entity behind the fourth-largest Ethereum ETF by AUM, plans to add…
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Crypto
SBI plans Japan-Korea stablecoin network on Canton
SBI Digital Practice and Nodeinfra plan a Canton-based Japan-Korea payment network, starting with yen and won test tokens before regulated stablecoins.
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Crypto
Trump asserts US has “total control” over Hormuz Strait amid Iran tensions
Increased U.S. assertiveness in Hormuz may hinder diplomatic resolutions, impacting global energy markets and regional stability. The post Trump asserts US has…
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Crypto
Boston Fed’s Collins supports September rate hike if inflation remains high: FT
A potential September rate hike could signal a more aggressive Fed approach, impacting market expectations and economic growth forecasts. The post Boston…
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Arthur Hayes: Japan Yen Fix Could Fuel Bitcoin and Ethereum Rally
Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a…
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Crypto
Coinbase secures Abu Dhabi license for tokenized securities
Coinbase has secured Abu Dhabi regulatory approval to arrange investment deals and provide custody as it prepares an international hub for tokenized…
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Crypto
China sets yuan midpoint at strongest level since February 2023
A stronger yuan could reshape global trade dynamics, influence inflation control, and impact commodity markets, including gold prices. The post China sets…
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Trump’s tax law cuts $1T from Medicaid, threatens California’s Medi-Cal
The Medicaid funding cuts could destabilize state budgets, influencing fiscal policies and voter sentiment on wealth tax initiatives. The post Trump’s tax…
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Crypto
Goverment Shutdown Probability Risk Is Delayed, Not Resolved, After House Vote
The House of Representatives passed a stopgap funding bill on July 21 by a 220-205 vote, pushing the government’s spending deadline from…
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Crypto
Brazil’s biggest bank Itaú joins tokenization pilot for bonds and funds
Brazil’s largest bank by market value has joined a pilot involving more than 50 financial organizations to test the issuance, trading, and…
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