JD Alois

Coinbase, Spiko Partner on Mutual Funds Leveraging Stablecoins

Coinbase (NASDAQ:COIN) is partnering with France based Spiko to support transfers utilizing dollar based stablecoin USDC. The company says that by using Coinbase Payments, Spiko has eliminated any settlement delays. Spiko’s EU T-Bills Money Market Fund and the Spiko US T-Bills Money Market Fund are… Read More

House Financial Services Approves Earned Wage Bill

The Earned Wage Access Consumer Protection Act was approved in the House Financial Services Committee on a bipartisan vote of 29-22 following a markup hearing. HR 9330 lets workers to access money they have already earned before a typical pay period. Under the legislation, while… Read More

Tether Issued Stablecoin USA₮ Reports Reserves Over $157 Million

Tether, the issuer of USDT, the largest dollar based stablecoin by market cap at $184 billion, also issues USA₮ via Anchorage Digital. This is a move by Tether to please the regulatory overlords as it is managed by a federally chartered bank. Today, a report… Read More

France: Fintech Firms Raised €680 Million in June

Fintechs based in France raised €680 million in equity capital for seven deals during the month of June. As shared by the France Fintech association, this brings total 2026 funding to €1.2 billion or 2.5X the previous year. For the year, the average funding was… Read More

UK Financial Conduct Authority Shares Crypto Rules, Insiders Respond

The UK Financial Conduct Authority (FCA) has shared “landmark crypto rules” that are said to be designed to turn the UK into a global digital asset hub. In a public statement, David Geale, Executive Director of payments and digital finance at the FCA said the… Read More

Strategy to Sell Bitcoin to Buy Back Shares

Strategy (NASDAQ:MSTR) says it will sell Bitcoin holdings to buy back its own shares. Strategy, the original digital asset treasury firm that has become a proxy for Bitcoin, is expected to sell up to $1.25 billion of BTC. The company also updated its dividend policy… Read More

House Digital Assets Subcommitee Schedules Field Hearing on the CLARITY Act

The Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, part of the House Financial Services Committee, has scheduled a “field hearing” on “How the Clarity Act Unlocks Innovation. This hearing will take place in New York City on Friday, July 17th at 10AM ET…. Read More

Bank of New York Mellon to Support USDC Stablecoin

The Bank of New York Mellon (NYSE: BNY) will start offering support for USDC, Circle’s (NYSE:CRCL) dollar based stablecoin, for its customers by July. Stablecoins, typically viewed as part of the crypto ecosystem, may be better understood as an improvement to the existing transfer and payment  rails…. Read More

tZERO Says Broker Dealer Muriel Siebert & Co Selects Their Tokenization Services

tZERO says that Muriel Siebert & Co. has selected their platform to enable tokenization. tZERO states that Muriel Siebert & Co. is a broker dealer with “institutional distribution reach” and around $20 billion in wealth management assets. tZERO will facilitate digital securities for the broker… Read More

Bitfinex Analysts: Bitcoin Could Drop to $40,000

Bitcoin continues to struggle as it trades below $60,000 and well below its all time high of over $130,000. Everyone who was betting that BTC would continue its march higher is in a world of pain. Strategy (NASDAQ:MSTR) is struggling as the original Bitcoin proxy… Read More

More Fintechs Applying for Bank Charters

A recent report by Moody’s highlights the growing interest in acquiring a federal bank charter. For years, few firms sought to obtain a bank charter, but the transition to digital finance and the desire to offer bank services directly have compelled more entities to apply… Read More

SuRo Capital Comments on Reports OpenAI to Delay IPO Until 2027

Multiple reports indicate that OpenAI, creator of Chat GPT, may delay its anticipated initial public offering until 2027. The AI firm has emerged as one of the most anticipated IPOs of the year. OpenAI filed confidentially with the SEC earlier this month. The company is… Read More

Passage of the CLARITY Act Still Anticipated to Occur Before Congress Goes on Summer Break

The CLARITY Act, crypto market infrastructure legislation, is a key component of ensuring the US is a leader in the digital asset race. The bill outlines who oversees what while incorporating important consumer-protection features. Unlike the prior administration, which sought to undermine digital asset development… Read More

Crowdcube Touts Nominee Structure: £1.3 Billion, 979 Companies

Crowdcube, a leading online investing platform in the UK, recently provided an update on its Nominee Structure, which assists capital formation on the platform. At the same time, Crowdcube declared that “the line between public and private markets is disappearing, and with it, value creation… Read More

Coalition for Prediction Markets Files Amicus Brief Supporting CFTC Oversight in Battle with the States

The Coalition for Prediction Markets, a group that represents Kalshi, crypto.com, and several other platforms, has submitted an Amicus Brief in support of the lawsuit (KalshiEX LLC v. Schuler et al.) targeting Kalshi and its preference for the Commodity Futures Trading Commission to hold regulatory… Read More

Law Enforcement Associations Worry About the CLARITY Act and Illicit Activity Using Digital Assets

Several law enforcement associations have forwarded a letter to the Acting Attorney General of the US expressing concern regarding the CLARITY Act, crypto infrastructure legislation, and its impact on illicit activities. While physical dollars have long been the preferred method of value transfer for criminals,… Read More

Ripple’s Dollar based Stablecoin, $RLUSD, Available in Japan

Ripple shares that its dollar-based stablecoin $RLUSD is now available in Japan. The company said that the Japanese Financial Services Agency has approved the stablecoin. Ripple partnered with SBI Group and VCTRADE to gain approval. Ripple has worked with SBI Group since 2016. SBI Group… Read More

Securitize Sued for Patent Infringement by tZERO, Liquid Rarity Exchange

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Digital asset firm Securitize has been sued by Liquid Rarity Exchange, dba RarityX, and by tZERO. The claim is for patent infringement relating to two patents covering asset tokenization and fractionalized ownership systems The filing by Liquid Rarity Exchange alleges that Securitize’s tokenization platform and digital… Read More

Binance Withdraws MiCA Application Filed in Greece

Binance has decided to withdraw its application under MiCA, or Markets in Crypto Assets regulation, in Greece, according to a post on X. The company said that it made the decision to withdraw “after careful consideration of the current status and timeline of the Greek… Read More

Housing Legislation that Includes CBDC Ban to Become Law – Update

The US Senate has sent the 21st Century ROAD to Housing Act  to the President’s desk to be signed into law. The legislation garnered significant bipartisan support, which seems rare in today’s fractured political environment. The Chairman of the Senate Banking Committee, Tim Scott, said… Read More

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