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Sam Bankman-Fried says he would “absolutely” welcome a pardon from US President Donald Trump. Trump, for his part, has already said no. Related Reading: Trump-Affiliated Stablecoin Hit With HTX Delisting Amid Asset Freeze Controversy Cellmate Speaks Up Michael Avenatti, who shared a prison unit with the former FTX chief, went further than Trump’s January dismissal. […]
Read full articleBitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.3% while ether fell roughly 22%, the largest weekly declines […]
Japan's megabanks' stablecoin plan could revolutionize digital payments, enhancing financial innovation and regulatory frameworks by 2026. The post Japan’s three megabanks plan to jointly issue a stablecoin in 2026 appeared first on Crypto Briefing.
Masspay has expanded its integration with Circle’s Managed Payments service to allow businesses to facilitate stablecoin payouts and treasury operations without the complexity of direct digital asset management. Abstracting Blockchain Complexity Global payouts platform Masspay has expanded its integration with Circle Payments Network’s Managed Payments service, enabling businesses to fund and make payments using stablecoins […]
On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new post on X, CryptoQuant analyst Maartunn has discussed the latest trend in the RSI of the Bitcoin SSR. The “SSR” is an on-chain indicator that measures the ratio between the market cap of BTC and the combined valuation of all stablecoins. Related Reading: XRP Could Offer Major Buying Opportunity At $0.90, Analyst Says Stablecoins, digital assets that have their price pegged to a fiat currency, serve a different purpose in the sector than volatile assets like BTC. Generally, investors store their capital in the form of stablecoins whenever they want to avoid the volatility associated with other cryptocurrencies. These holders tend to eventually venture back into BTC and other coins, and when they do, they swap their stables in favor of them. Because of this, st
The Hyperliquid Policy Center (HPC), together with venture capital firm Paradigm, submitted a joint comment to the US Treasury on Tuesday, urging the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) to refine parts of its proposed stablecoin compliance rule tied to the GENIUS Act. The rule is intended to implement anti-money laundering (AML) and sanctions requirements for “permitted payment stablecoin issuers” (PPSIs), a category the proposal says should be able to innovate in payment stablecoins while operating under an “appropriately tailored” regime designed to manage illicit-finance risk. Narrower Compliance, Less Burden While they did not oppose the overall goal of the framework, Paradigm and the Hyperliquid Policy Center argued that key elements of the proposal need clearer boundaries—especially where compliance obligations may unintentionally spill over into areas that do not fit the GENIUS Act’s structure or Congress’s intent. A maj
The rapid rise of TradFi-linked perpetuals in stablecoin trading could significantly reshape global equity markets and investor strategies. The post TradFi-linked perpetuals now account for 10% of total stablecoin trading volume appeared first on Crypto Briefing.
Hyperliquid Policy Center and Paradigm urged Treasury to narrow stablecoin rules that could push US issuers away from DeFi. The post Hyperliquid Policy Center and Paradigm urge Treasury to narrow stablecoin rules for DeFi appeared first on Crypto Briefing.
Mitsubishi UFJ, Sumitomo Mitsui and Mizuho plan a fiat-backed stablecoin by FY2026 after an FSA pilot and consortium setup. Japan’s three megabanks are moving toward a joint stablecoin launch by fiscal 2026, according to Nikkei. Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho plan to issue a fiat-backed token together. The plan follows a pilot with Japan’s […] The post Japan’s Three Megabanks Unite for Stablecoin Launch by FY2026 in Crypto Push appeared first on Live Bitcoin News.
