Crypto, page 2
Coins, stablecoins and tokenized assets, and who ends up holding the risk.
The GENIUS Act barred stablecoin yield. BlackRock just claimed it.
BlackRock launched two tokenized funds on August 3 to hold stablecoin reserves. The yield holders can't legally earn now flows to the reserve manager.
Binance.US wants into $50B prediction markets. Read the license.
Binance.US will file for a CFTC license in August to run prediction markets. The market topped $50B in June, and the venue keeps the fees whoever wins.
Morgan Stanley's ETH and SOL ETFs stake for you. Read the real yield.
Morgan Stanley launched the cheapest US Ethereum and Solana ETFs at 0.14%. The fee is the smallest number that decides what you take home. Here is the math.
Citadel Securities put $600M into two crypto exchanges. Read the play.
Citadel Securities runs a third of US retail stock trades. In eight months it bought into Kraken and Crypto.com, both chasing tokenized stocks. Read the play.
Regulators missed the GENIUS Act deadline. January 18 didn't move.
Six agencies blew the July 18 statutory deadline for stablecoin rules. Section 20 holds the compliance date at January 18, 2027, and shortens the runway.Japan's 20% crypto tax starts in 2028. The costs start now.
Japan's Diet passed the crypto bill on July 15. The flat 20% tax lands in 2028, the reclassification in 2027, and no ETF sits in the law at all.
Stablecoin supply fell $10B while volume hit a record. Read the split.
Stablecoin supply lost $10 billion since May, but June volume hit a record $1.79 trillion. The float and the flow split, and each has a different leader.
The GENIUS Act rulebook is due July 18. Read who gets to issue.
Six agencies must finalize US stablecoin rules by July 18. A $5M floor and a yield ban decide who issues, and the market is already shrinking.
The CLARITY Act has three fights left. Read who each one protects.
The Senate returns July 13 with about three weeks to move the crypto market bill. The blockers are Trump's tokens, developer liability, and Coinbase's yield.USDT returns to Bitcoin after 12 years. Read who owns the rail.
Tether is putting USDT back on Bitcoin via the RGB protocol. The rail runs on a company Tether helped fund. Adoption, not code, decides if it matters.