BitMine acquires 101,000 ETH despite $6.5B in unrealized losses
The crypto treasury company continues to buy Ether and earn staking rewards, even as price swings leave billions in unrealized losses on its balance sheet....
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Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says
Western Union is launching USDPT, a U.S. dollar stablecoin on Solana, next month to bypass SWIFT for real-time global settlement with agents. The firm also plans a Digital Asset Network for crypto-to-fiat conversions and a Stable Card for stablecoin spending. This move positions Western Union against fintech rivals in cross-border payments, addressing inflation concerns in emerging markets including India.
SEC, CFTC Chiefs Signal ‘New Day’ for U.S. Onshore Crypto, Tokenization and Future‑Proof Rules
SEC and CFTC chiefs signaled coordinated regulatory reset at Bitcoin 2026 Conference, emphasizing onshore crypto development and clearer token classification. Incoming SEC Chair Paul Atkins previewed an "innovation exemption" and tokenization sandbox, while CFTC Chair Mike Selig stressed agency harmonization. Joint token taxonomy guidance distinguishes digital commodities, collectibles, and tokenized securities. Clear statutory framework could anchor crypto policy across administrations and boost institutional adoption globally.