Spain rejects MiCA extension for Binance, crypto firms
The Spanish economy ministry is signalling that the December 30 transition deadline is final, with orderly customer wind-downs the only path for venues that have not secured a MiCA license.
Stablecoin issuance, market share, depegs, and reserve backing across USDT, USDC, DAI, and other major stablecoins.
The Spanish economy ministry is signalling that the December 30 transition deadline is final, with orderly customer wind-downs the only path for venues that have not secured a MiCA license.
The CNMV's hard line on the end-of-June deadline turns MiCA from a paper framework into an active market-access gate, with Binance among the firms now forced into a Spanish wind-down.
Borrowing against tokenized gold without selling the underlying ounce mirrors BTC-collateralized lending and turns XAUT into a productive, not just store-of-value, asset.
BTC down 32%, ETH off 47%, MSTR -43%: the total crypto market cap slid to roughly $2T, a level last seen before Trump's November 2024 election win. Stablecoin dominance is doing the talking now.
The stablecoin that was supposed to displace card networks is now riding them: Tether's USDT will plug into Visa's rails across Brazil, the region's largest card market.
Stablecoin market cap overtaking Ether's fully diluted value is a structural reminder of where liquidity actually sits in crypto: USDT and BTC, not the L1 majors investors keep calling the next big…
The bill sets federal standards for stablecoin issuance in the US: who can mint, what reserves must back the tokens, and how regulators oversee a market now measured in hundreds of billions.
If hot-wallet reserves in ETH, USDT and SOL are running light, the withdrawal queue stops being an operations problem and starts being a solvency question for users still parked on the venue.
The crypto custody firm is trading headcount for a sharper bet on stablecoins and AI-powered settlement, the two rails its institutional clients are actually building on.
A custody heavyweight shrinking 15% of headcount while doubling down on stablecoins and AI infrastructure is a tell about where the institutional crypto stack is heading, not just a cost cut.
The world's largest stablecoin now sits on a US debt book larger than most sovereign wealth funds, and Kevin Warsh's Fed has no playbook for what that means when Treasury markets seize.
The $2.5T asset manager joins BlackRock, State Street and ProShares in chasing a market Citi sizes at $4T by 2030, and the GENIUS Act just made the entry price lower.
The new fund is built around the GENIUS Act's reserve framework, slotting a trillion-dollar asset manager directly into the compliance plumbing stablecoin issuers now need.
Greece is only the latest refusal point. The real fight is over which national regulator will stake its supervisory reputation on certifying a firm with $4.3B in US AML and sanctions settlements…
The milestone matters less for the number than for what it signals: $4.1B in circulation is now moving natively across two dozen chains, not bridged.
Search interest has nearly halved and aggregate stablecoin supply has flipped from a ten-month expansion to contraction, a rare conjunction that usually marks cooling retail engagement rather than a…
Bitmain-backed Antalpha holds $241M of Tether's gold token at a $3,693 average, and gold's pullback has clipped what briefly looked like a $100M paper profit down to roughly half.
The pilot reframes the next phase of stablecoin competition: not dollar dominance on-chain, but which sovereign currency becomes the default settlement money inside institutional apps.
The $150M liquidity migration is the headline number, but the FX Layer framing is the actual product bet: stablecoin-native FX routing built directly into Uniswap's swap path, not bolted on.
The pardoned Binance founder says his four-month BSA sentence is now a trust-builder with investors. The bigger read is what it signals about U.S. crypto rehabilitation under Trump.