Strategy resumes Bitcoin acquisitions with $43M BTC buy
Strategy added $43 million in Bitcoin last week after Michael Saylor drew mixed investor reactions for signaling potential BTC sales to fund dividend payments....
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Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group
Anchorage Digital, the U.S.'s first federally chartered crypto bank, is reducing its active role in the Global Dollar stablecoin consortium backed by Robinhood and Kraken. CEO Nathan McCauley cited the need for neutrality as Anchorage pursues 20 other stablecoin issuance partnerships via M0. The shift reflects balancing incentive structures across competing stablecoin ecosystems while remaining supportive of USDG's $3 billion circulation.
American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins
American Bankers Association CEO Rob Nichols urged bank leaders to lobby against stablecoin yield provisions in the Digital Asset Market Clarity Act before Senate markup. The bipartisan bill establishes federal crypto regulations, resolving SEC-CFTC jurisdiction issues. Banks oppose yield provisions fearing $6.6 trillion deposit outflows, but the White House estimates minimal impact. Senate votes Thursday.
Corpay taps BVNK to bring stablecoin wallets to corporate payments
Corpay will use stablecoin rails in its treasury operations to improve capital efficiency, reduce reliance on pre-funded accounts, and move funds across its global footprint....