The People’s Bank of China (PBOC), the country’s central bank, and seven Chinese regulatory agencies published a joint statement on Friday banning the unapproved issuance of Renminbi-pegged stablecoins and tokenized real-world assets (RWAs). The ban […]
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national trust banks, recognizing their eligibility to issue the fiat-pegged […]
Strategy’s Bitcoin reserves cover debt, and only a prolonged drop to $8,000 could possibly force restructuring. Strategy CEO Phong Le told investors on Thursday that the company’s balance sheet remains stable despite recent crypto […]
TLDR: Bitcoin and Ethereum fall below key technical levels, triggering $1.7B in liquidations. U.S. Treasury confirms it cannot “bail out” Bitcoin or direct banks to increase holdings. Spot ETFs face unrealized losses, but most investor […]
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