The company’s Hong Kong unit issued six-month notes under its $3 billion program, extending blockchain-based distribution to institutional investors.
Issues
The US Office of the Comptroller of the Currency finalized rules Wednesday for payment stablecoin reserves, redemptions and related custody activities, implementing the GENIUS Act for entities under its jurisdiction. The final rule states …
- Crypto Education
MicroStrategy's Bitcoin Guide Issues a 93% Crash Warning to Investors
by adminby adminMicroStrategy, now Strategy, has published a Bitcoin guide that warns buyers that the asset has already crashed 93.1% once. Executive Chairman Michael Saylor shared it over the weekend. The document devotes more space to …
- DeFi Market
CFTC Launches Prediction Market Rulemaking, Issues Guidance Sports Contracts
by adminby adminThe CFTC opened a 45-day comment period on prediction market regulation and reinforced exchanges’ role in policing event contracts The Commodity Futures Trading Commission (CFTC) on Thursday took its most significant step yet toward …
- Altcoin Highlights
Up or Down for Ripple’s Price in the Week Ahead? ChatGPT Issues a Stark XRP Warning
by adminby adminXRP is down since last Friday, but will the pain continue in the following seven days? The cryptocurrency market was crushed in the past week or so, and Ripple’s native token is no …
TradFi will sit out DeFi growth until security issues are resolved, executives say
The long-term value of decentralized finance (DeFi) depends on its ability to transform the back-office operations of global banking institutions rather than providing alternative trading environments, according to asset management and banking executives. Speaking …
U.S. stocks are suffering a setback on Thursday as credit issues are beginning to show their face alongside a slowing economy. “When you see one cockroach, there are probably more,” said JPMorgan CEO Jaime …