United Kingdom: Early election scenarios – Standard Chartered

Labour's challenge in Clacton could reshape political dynamics, highlighting vulnerabilities in Farage's support amid financial scrutiny. The post Labour to challenge Farage in Clacton by-election amid financial scrutiny appeared first on Crypto Briefing.

The post United Kingdom: Market watching Burnham – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s Senior FX Strategist Jane Foley discusses UK political dynamics, noting Burnham’s likely unchallenged path to becoming Prime Minister on July 20 and his popularity within Labour. Foley stresses Labour’s weak polling position, tight public finances, tax constraints and uncertainty over the choice of Chancellor as key factors for market sentiment and potential gilt market anxiety. Burnham’s agenda and fiscal constraints “A messy Labour leadership election this summer, would probably not have served anyone well. Although there is a July 17 deadline for other Labour MPs to declare their candidacy for party leaders, it would appear that Burnham will be unchallenged allowing him to take the reins on July 20. The relatively smooth transition will come as a relief to market.” “Also, the popularity of Burnham within Labour may also be a good omen given the deep party factions which Starme

The post British Pound: Recovery eyes 1.36 against US Dollar – Scotiabank appeared on BitcoinEthereumNews.com. Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is slightly softer but supported by a sharp repricing of Bank of England (BoE) tightening. Improving United Kingdom (UK)–United States (US) spreads and positive sentiment around the UK leadership transition underpin GBP, while technicians remain bullish, targeting an extension of gains toward 1.36 within a 1.3300–1.3400 near-term range. BoE repricing underpins Pound outlook “The pound is soft, down a fractional 0.1% vs. the USD and a mid-performer among the G10 currencies in mixed overall trade. The latest resurgence in geopolitical tensions has amplified the renewed tightening in BoE expectations that we had observed over the past week or so.” “The recovery in UK-US spreads is offering fundamental support to the GBP, and compounding the sentiment-related strength observed in response to the mar

The post Tokenized Real-World Assets Market Surges to $32 Billion appeared on BitcoinEthereumNews.com. The market for tokenized real-world assets has nearly tripled in a single year — and that may only be the beginning. By the end of June 2026, on-chain value across tokenized RWAs reached $32.22 billion, up from roughly $11.8 billion a year earlier. Geoff Kendrick, head of digital assets research at Standard Chartered, sees this as the early innings of a far larger shift, projecting that assets deployed in DeFi could hit $2.7 trillion by 2030. Key takeaways Tokenized RWA on-chain value reached $32.22 billion by June 2026, nearly triple the $11.8 billion recorded a year prior. US Treasuries lead all asset categories at $15 billion on-chain, with BlackRock’s BUIDL fund alone surpassing $2.9 billion in total asset value by June 2025. Only 10% of tokenized RWAs are currently used in DeFi; Standard Chartered’s Geoff Kendrick projects that share rising to 30% by 2030. The DTCC launched a pil

The post The 5 Types of RWAs Being Tokenized Fastest appeared on BitcoinEthereumNews.com. Standard Chartered head of digital assets research Geoff Kendrick predicted in a recent research note that assets in DeFi could reach $2.7 trillion by 2030. He said that, currently, only 3% of stablecoins and 10% of tokenized real-world assets (RWAs) are used in DeFi. However, he predicts this will rise to 30% by 2030. That would be a 37-fold increase from where they are now, but the growing tempo of tokenization gives Kendrick reason for an optimistic outlook.  The market for tokenized real-world assets — which includes stocks, bonds, real estate, gold, and carbon credits — hit $32.22 billion in distributed on-chain value by the end of June. That’s almost three times the roughly $11.8 billion RWA market from a year earlier. Add stablecoins, which are just tokenized real world fiat, into the mix, and the broader tokenized market sits north of $328.8 billion. Total RWA asset holders have grown to 9

The post British Pound: Sterling supported as yields retrace – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Derek Halpenny highlights that implied volatility in GBP/USD has barely moved after Nigel Farage’s decision to resign and recontest his Clacton seat, calling the by‑election a sham with potential further votes if he is sanctioned. He stresses that GBP volatility is more tied to incoming PM Andy Burnham’s economic stance, with lower 10‑year Gilt yields, contained fiscal worries and weaker UK inflation supporting the Pound as a top G10 performer. Politics, yields and Pound performance “Finally, there has also been limited changes to implied vol level in GBP/USD on the back of the announcement from Nigel Farage that he will stand down as MP for Clacton but then contest the same seat in the by-election. This was to protest the investigations by the parliamentary standards committee into his finances on concerns he breached parliamentary rules.” “This will result in the investigat

The post SEC Crypto Regulations Shaping 2024 Market Framework appeared on BitcoinEthereumNews.com. The U.S. Securities and Exchange Commission is preparing to fundamentally reshape SEC crypto regulations, with a sweeping rulemaking agenda targeting mid-2024 that could redraw the boundaries of how digital assets are issued, traded, and custodied inside American markets. For an industry that spent years navigating enforcement actions rather than clear rules, the shift signals something materially different — and the stakes run high for everyone from early-stage token developers to established broker-dealers. Key takeaways The SEC’s 2026 Regulatory Agenda targets crypto rule changes by mid-2024, covering startups, token issuers, exchanges, alternative trading systems, and broker-dealers. Regulation Crypto, the most-watched proposal, would create temporary registration exemptions and safe harbors for developers issuing crypto investment contracts. SEC Chair Paul Atkins has stated the agenc

The post India: Cheaper Oil supports FY27 deficit target – Standard Chartered appeared on BitcoinEthereumNews.com. Standard Chartered economists Anubhuti Sahay and Saurav Anand assess India’s FY27 fiscal deficit outlook, highlighting how lower crude Oil prices reduce the risk of fiscal slippage to about 0.2-0.3% of Gross Domestic Product (GDP) versus 0.5% earlier. They cite the Economic Stabilisation Fund, reduced subsidy burden, partial excise duty rollback, and faster divestment as key supports, while noting remaining but manageable risks. Lower slippage risk with cheaper Oil “We think the risk of a slippage in the central government’s FY27 (year ending March 2027) fiscal deficit has eased to 0.2-0.3% of GDP, given the sharp fall in crude oil prices; we had previously estimated slippage risk at 0.5% of GDP (see At a Glance – India – Is the tide turning?). The central government has targeted the FY27 fiscal deficit at 4.3% of GDP.” “Likely lower losses from the excise duty cut, a lowe