Crypto Bill Faces Final Test Over Trump Conflict-of-Interest
A closed-door Thursday meeting with Trump, Lummis, Moreno and the White House crypto team is the last real chance to clear the stablecoin bill before ethics language sinks it.
Market-moving crypto headlines from the last 24 hours.
A closed-door Thursday meeting with Trump, Lummis, Moreno and the White House crypto team is the last real chance to clear the stablecoin bill before ethics language sinks it.
The $1.9 trillion manager's TKNZ actively rotates across BTC, ETH, BNB, XRP, SOL and Hyperliquid, marking the biggest TradFi push yet past single-token exposure.
Citadel's first crypto-exchange balance-sheet bet of this size is the institutional signal: TradFi's market-making arm is underwriting the bridge, not just observing it.
Jensen Huang's framing matters because Nvidia is the cleanest read on AI capex; when the CEO of the picks-and-shoves play says the cycle hasn't peaked, the bid for the entire stack extends.
A direct White House push on the bill that would split SEC and CFTC oversight of digital assets marks the most significant White House engagement on market-structure legislation to date.
The President's sit-down with Senate Republicans failed to break the impasse: the bill's still-stuck definitions of digital asset securities keep it parked in committee past the 2025 window.
The exploit hit Edel but the bug lives in credit markets built on tokenized equities, where 1:1 stock backing is meaningless if the wrapper, vault and exchange rate can be manipulated.
The first institutional round in Crypto.com's ten-year history lands as CEX volumes just snapped a five-month slide and tokenized real-world assets hit a record $311B in June perpetual volume.
Citadel Securities's first move into Crypto.com mirrors its $200M Kraken bet from five months ago, a dual signal that institutional capital is now underwriting the top venues at scale.
The delist is the louder story: a Bitcoin treasury strategy that survived 2022 just collapsed under debt-service pressure, and the dividend/buyback crowd now owns the narrative.
Beyond the $53B price tag, a Stripe-PayPal merger would consolidate merchant rails, 440M consumer wallets, and three competing stablecoin stacks under one roof, with antitrust and the new US…
Even if no law is broken, the optics of a sitting president with active equity positions endorsing those same names on a public platform raise conflict-of-interest and market-manipulation questions…
The real fight isn't the platform launch; it's the Open USD revenue-share model that returns nearly all reserve income to distributors, a structural pressure point on Circle's USDC economics.
The dollar number is absent, but the reach is the point: Visa is wrapping stablecoin minting, custody and movement into one enterprise rail sitting on top of the world's largest card network.
The $47.1B AUM milestone lands just over a year after launch and cements IBIT as the dominant venue for institutional spot BTC exposure in the US.
A $1.9T legacy asset manager crossing into actively managed crypto ETFs widens the institutional funnel beyond spot BTC and ETH products.
Four years after FTX, the bill would force U.S. crypto exchanges, brokers, dealers and custodians to register under federal rules covering custody, segregation and disclosure.
The world's largest payments network is building its own stablecoin rail for banks and merchants, and it is picking an open-standard rival to USDC as the anchor asset on day one.
Coinbase is restructuring Base around trading, payments and tokenized assets after losing ground to Robinhood's new layer-2, whose first $3.1B week was 80% memecoin trading.
Japan's largest online brokerage is plugging into the largest tokenized-RWA network, and the choice of JPYSC for settlement means the yen stablecoin becomes the default rail before any shares change…