Citi's Rugg: tokenized money stuck in single-bank silos
The fragmentation problem is the same one blockchain was supposed to solve — and large corporate clients running thousands of bank accounts are the ones who feel it first.
Executive and legislative crypto policy — central bank stances, country-level rules, and CBDC rollouts.
The fragmentation problem is the same one blockchain was supposed to solve — and large corporate clients running thousands of bank accounts are the ones who feel it first.
Senator Cynthia Lummis drew a sharp line on crypto legislation this week, stating that the Clarity Act is not a…
The Nevada Democrat is selling incremental tax reform as the realistic path now that the Senate's CLARITY market-structure talks are stalled — and his draft already reads like a wish list for retail…
Garlinghouse framed the next fortnight as the window for a Senate Banking markup — and warned that without a statute, the next SEC chair could unwind Atkins-era crypto policy overnight.
The BitMEX co-founder's Consensus Miami thesis is that bitcoin's rise from zero to trillions tracks money printing across U.S. administrations — and that bills like the CLARITY Act miss the point.
The American Innovation Project is placing a bitcoin-mining and DeFi-policy veteran inside Ritchie Torres' office — part of a coordinated industry push to seed Hill staff with digital-asset expertise…
Day one pairs macro, regulation, and TradFi-onchain themes in a single tent: DOJ enforcement, a tax-reform bill, and a CFTC chair publicly outlining his agency's crypto remit.
The stablecoin-yield standoff is over, but the markup now depends on Sen. John Kennedy's leverage over a housing package — and on software-developer language that could reopen the entire fight.
Trump's pledge to sign the Clarity Act the moment it lands on his desk collapses the political risk premium — and the stablecoin-yield carveout is the structural piece Wall Street was waiting for.
A dense morning across markets — Western Union's USDP stablecoin goes live on Solana, Tom Lee's Bitmine adds a nine-figure ETH position, and the CLARITY Act clears a key stablecoin-yield hurdle as…
Tokyo's listing review and Moscow's first dedicated crypto tax code land the same week, while Colombia's largest pension fund opens a Bitcoin book via BlackRock's IBIT.
The bipartisan duo is closing the door on further bank-lobby rewrites of the yield language — but the fight moves to the House, where banking pressure on the compromise is far from over.
The fight is over whether stablecoin holders can earn a yield — the industry's working product, and the banks' clearest competitive threat.
Prediction markets are now pricing a 64% probability that President Trump signs comprehensive crypto market structure…
Senate Banking Committee member Tim Scott publicly stated that Congress is making 'real progress' on crypto market…
The deal lets issuers pay rewards tied to actual platform activity while shutting off passive yield on idle balances — a structure Coinbase publicly endorsed, narrowing one of the bill's…
Senator Cynthia Lummis has called for the immediate passage of the Clarity Act, cautioning that the absence of clear…
A usage-based rewards carve-out resolves the longest-running dispute between banks and crypto firms over stablecoins — and Coinbase's Brian Armstrong publicly backing it signals the industry is…
The Depository Trust & Clearing Corporation, the backbone of US securities settlement, is developing a tokenized…
Securitize is the first broker-dealer cleared to underwrite onchain IPOs and custody tokenized securities — an atomic-settlement unlock that puts the firm at the center of Wall Street's tokenization…