Tag: Report

Banks Criticize White House Report Favoring Stablecoin Yield

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The American Bankers Association (ABA) has criticized a White House report that claimed banning stablecoin yields would only have a negligible impact on banks, arguing that the conclusion was reached by asking the “wrong question.” The White House’s Council of Economic Advisers claimed in a research paper on Wednesday, on the “Effects of Stablecoin Yield Prohibition on Bank Lending,” that under a baseline scenario, banning stablecoin yield may only increase bank lending by $2.1 billion, representing a marginal net increase of about 0.02%. ABA chief economist Sayee Srinivasan and vice…

Iran Bitcoin toll report raises questions over oil ship payments

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Reports that Iran may accept crypto for oil tanker tolls in the Strait of Hormuz have sparked debate across the digital asset market.  Summary Reports on Iran’s possible crypto tolls for oil tankers have split opinion across Bitcoin and stablecoin circles. Analysts said stablecoins face freeze risks, while Bitcoin supporters called BTC harder to block or control. Galaxy’s Alex Thorn said tanker payments may use Bitcoin addresses, not Lightning, due to size limits. The discussion followed a Financial Times report that linked the proposal to Iran’s efforts to reduce exposure…

Galaxy Digital Files First Nasdaq Annual Report, Targets $15 Billion AI Data Center Expansion – Crypto News Bitcoin News

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Key Takeaways: Galaxy Digital filed its inaugural annual report as a Nasdaq-listed company on April 8, 2026, marking a new era for the firm. Galaxy’s Helios AI data center in West Texas has over 1.6 gigawatts of approved capacity and represents more than $15 billion in projected infrastructure investment. CEO Mike Novogratz says Galaxy is targeting a multi-hundred-billion-dollar digital infrastructure portfolio as institutional demand for compute accelerates into 2026. Galaxy Digital Nasdaq Listing Signals Institutional Crypto Push as Helios Expansion Hits 1.6 GW The New York-based firm went public on…

Finestel report shows pros braced for Bitcoin’s February 2026 crash

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The latest Finestel report on February 2026 shows Bitcoin’s plunge toward $60,000 was one of crypto’s deepest capitulation events yet, but disciplined asset managers cushioned most of the damage by rotating into stablecoins, cutting leverage, and selectively buying the rebound. Summary itcoin dropped roughly 12–13% in February, breaking key supports and briefly tumbling toward $60,000 as total crypto market cap fell to about $2.4 trillion. On‑chain data shows one of the largest loss‑making capitulations on record, while spot Bitcoin ETFs only saw renewed inflows as BTC reclaimed the high‑$60,000s. The…

Iran is Weighing Crypto Tolls for Ships using Strait of Hormuz: Report

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Hours after US President Donald Trump claimed that Iran and the United States had agreed to a two-week ceasefire that included opening the Strait of Hormuz, Iranian authorities are reportedly considering charging ships using the waterway in cryptocurrency. According to a Wednesday Financial Times report, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union said empty oil tankers will be able to pass through the Strait of Hormuz without incurring charges, but certain ships will need to pay a tariff of $1 per barrel of oil in Bitcoin…

Standard Chartered Mulls Restructuring of Zodia Crypto Custodian: Report

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Standard Chartered is reportedly weighing a restructuring of its majority-owned crypto custodian Zodia Custody, as large banks look to bring more digital asset infrastructure inside their core banking operations. The United Kingdom-based lender plans to fold Zodia’s crypto custody business into a division inside its corporate and investment bank that already offers similar services, while keeping Zodia operating as a standalone Software-as-a-Service (SaaS) platform for digital asset custody, according to Bloomberg on Wednesday, citing people familiar with the matter. An announcement on the restructuring could reportedly come as soon as…

Morph Report Shows Stablecoins Reshaping Global Payments Infrastructure – Crypto News Bitcoin News

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Key Takeaways: Morph says stablecoins hit $312B in 2025, signaling shift beyond trading into finance. Visa and Mastercard trail $33T stablecoin volume, reshaping payment competition. SWIFT may launch stablecoin layer by 2027 as adoption grows among Fortune 500 firms. Morph Analysis Shows Corporate Adoption Driving Stablecoin Expansion Across U.S. Markets The report, released by Morph and shared privately with Bitcoin.com News prior to release, presents stablecoins as a growing component of global payments infrastructure rather than a tool limited to crypto trading. Morph serves as a universal settlement layer built…

Korea Investment & Securities Considers Coinone Stake: Report

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South Korean brokerage Korea Investment & Securities (KIS) is reviewing a potential stake in crypto exchange Coinone, according to Korean media reports and company comments, though no deal has been finalized. Citing people familiar with the matter, the Korea Herald reported that KIS started engaging with regulators and politicians as part of a broader process tied to a potential investment in Coinone. Coinone also said no specific transaction had been decided. The news comes as South Korea considers a proposal to cap major shareholders’ stakes in domestic crypto exchanges at…

Crypto Exchange Bithumb to Delay IPO until after 2028: Report

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According to the company CFO, Bithumb was “strengthen[ing] accounting policies and internal controls” ahead of its IPO plans, already delayed from 2025. South Korea-based cryptocurrency exchange Bithumb is reportedly expecting its initial public offering (IPO) sometime after 2028, in another delay after restructuring and regulatory hurdles. According to a Tuesday report from Maeil Business News Korea, a Bithumb official said that it would “focus on preparing for the listing until 2027.” CFO Jeong Sang-gyun said at the company’s annual shareholder meeting that Bithumb was “strengthen[ing] accounting policies and internal controls”…

Google, Banks to Back $5B Anthropic Data Center in Texas: Report

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Google is preparing to support a multibillion-dollar data center project in Texas leased to Anthropic as competition for AI infrastructure accelerates. The project, operated by Nexus Data Centers, could exceed $5 billion in its initial phase, with Google expected to provide construction loans, Financial Times reported on Friday, citing people familiar with the matter. A consortium of banks is also competing to arrange financing by mid-year, per the report. According to the report, Anthropic recently signed a lease for the 2,800-acre campus, which forms part of its broader infrastructure tie-up…