Tag: Digital

Federal Reserve Revamps Bank Crypto Rules, Opening New Channels for Digital Asset Trading

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The U.S. Federal Reserve has taken a notable step in reshaping how banks under its supervision can engage with crypto, reversing guidance introduced in 2023 that had sharply limited such activities. Related Reading The decision reflects a broader reassessment inside the central bank about how regulation should adapt to financial innovation, especially as digital assets continue to intersect with traditional banking infrastructure. Under the earlier framework, uninsured state-chartered banks were required to follow the same constraints as federally insured institutions in order to remain under Federal Reserve supervision. That approach…

Russia Draws Firm Line on Digital Assets, Keeping Crypto Out of Domestic Payments

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Russia has reiterated its firm stance on crypto, drawing a clear distinction between digital assets and traditional currency. While global debate continues over whether crypto can coexist with national currencies, Russian lawmakers are reinforcing a long-held view. Related Reading Inside the country, payments remain the sole domain of the ruble. The position comes as crypto usage grows worldwide and as Russia experiments with alternative settlement tools for cross-border trade under pressure from sanctions. At the center of the latest comments is Anatoly Aksakov, chair of the State Duma Committee on…

XRP Advances As A Recognized Digital Asset In Regulated Markets — Here’s How

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Anchorage Digital Acquires Securitize Platform in Major Crypto Wealth Management Consolidation

Key Notes The acquisition consolidates a platform that saw deposits grow over 4,500% in 12 months with 99% of assets already custodied at Anchorage. Anchorage expands its federally chartered banking operations while launching ventures in Bitcoin DeFi and real-world assets tokenization. Securitize refocuses on its core $4 billion tokenization business and plans a $1.25 billion SPAC merger with tokenized equity offering. The first federally chartered crypto bank in the US, Anchorage Digital, has acquired the Securitize For Advisors (SFA) platform from tokenization specialist Securitize, tightening its grip on the growing…

Vanguard expert warns Bitcoin is a ‘digital Labubu’ as risky pattern forms

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Bitcoin price retreated below $90,000 today, Dec. 12, as a senior executive at Vanguard warned that it was a ‘digital Labubu’ and as an alarming pattern formed. Summary Bitcoin price dropped below the important support at $90,000. A senior Vanguard expert called it a digital Labubu. The coin has formed a bearish flag pattern on the daily chart. Bitcoin (BTC) was trading at $89,700 at press time, down sharply from the year-to-date high of $126,300. Its pullback coincided with the significant drop in American equities, with the Nasdaq 100 and…

UAE’s Layered Digital Asset Strategy

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The United Arab Emirates is not choosing between Bitcoin and broader crypto. Instead, it is deliberately building both, in different cities and for different stages of adoption. Abu Dhabi, the capital of the UAE, has positioned itself as a hub for Bitcoin (BTC)-focused institutional infrastructure, emphasizing custody, over-the-counter (OTC) liquidity, mining and regulated capital markets. Dubai, by contrast, has built a broader crypto economy that spans payments, stablecoins, Web3 apps, gaming, tokenization and consumer-facing products.  While this shows a distinction, industry participants noted that it reflects a layered strategy and…

Anchorage Digital Partners with OSL to Issue First Federally Regulated US Stablecoin

Key Notes Anchorage Digital will issue USDGO under federal supervision, establishing a regulated framework for stablecoin operations. The partnership enables 1:1 backing with liquid assets and US Treasuries through compliant custody systems. USDGO targets cross-border business settlements with faster transactions and programmable payment infrastructure. Anchorage Digital, the first and only federally chartered crypto bank in the United States, will serve as the US regulated issuer for USDGO, the OSL-branded US dollar-backed stablecoin. The partnership brings together two major institutional players as the industry moves toward compliant global payment infrastructure and…

Strategy Fights MSCI Proposal to Remove Digital Asset Treasury Companies

Key Notes The exclusion could force passive funds to dump billions in Strategy shares, potentially triggering massive sell-offs. Saylor argues DATs operate as legitimate businesses using Bitcoin for shareholder returns, not passive investment funds. MSCI’s arbitrary 50% digital asset threshold doesn’t apply to oil or real estate companies, revealing inconsistent standards. Strategy Inc, the world’s largest Bitcoin BTC $90 686 24h volatility: 2.2% Market cap: $1.81 T Vol. 24h: $55.95 B treasury company, has formally challenged MSCI’s proposal to exclude digital asset treasury companies (DATs) from its Global Investable Market…

Ondo, State Street, Galaxy Digital to Debut SWEEP Liquidity Fund in 2026

Key Notes Ondo, State Street, and Galaxy plan to launch SWEEP. SWEEP is a tokenized liquidity fund set to debut on Solana in early 2026. OUSG will support SWEEP as anchor investor with a planned $200 million allocation. RWA protocol, Ondo Finance ONDO $0.46 24h volatility: 6.7% Market cap: $1.46 B Vol. 24h: $98.58 M teamed up with State Street Investment Management and Galaxy Asset Management to debut a tokenized private liquidity fund SWEEP. The product aims to use Galaxy’s tokenization infrastructure to bring traditional cash management onchain. According to…

Strategy Calls For Withdrawal Of MSCI’s Exclusion Plan For Digital Asset Treasury Companies

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Strategy, formerly known as MicroStrategy, has expressed strong opposition to a proposal by the Morgan Stanley Capital International (MSCI) to exclude digital asset treasury companies (DATs) from its indexes.  Calls For Fair Treatment Of Digital Asset Companies In a recent letter signed by Michael Saylor and the firm’s CEO Phong Le, Strategy highlighted its support for MSCI’s efforts to establish consistent eligibility criteria across its indices.  However, the company criticized the proposed threshold for excluding firms with more than 50% digital assets on their balance sheets, calling it “misguided.” The…