Crypto News

By Omkar Godbole (All times ET unless indicated otherwise)As bitcoin (BTC) and the wider crypto market await the Fed's rate decision on Wednesday, an anomaly has emerged that could weigh heavily on market mood: renewed doubt over the passing of U.S. crypto regulation.Early Tuesday, CoinDesk reported that Senate Democrats are hesitant to push forward landmark stablecoin legislation, citing concerns over President Donald Trump's growing personal gains from his crypto ventures.When Trump took office, many observers felt crypto regulation would proceed smoothly. Looking back, that optimism was probably misplaced. With the president actively involved in digital assets through family-linked projects like WLFI and memecoins, opposition has mounted, potentially slowing the regulatory progress.That might lead investors to reprice regulatory uncertainty just...

Emma Reynolds MP shot down the idea of a UK national crypto reserve, saying that, “We don't think that's appropriate for our market.”Source link

Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico, has offered major investment advice to his followers on X, which unsurprisingly includes bitcoin. Salinas, who owns TV Azteca and Grupo Electra, advised against real estate investments and encouraged considering bitcoin instead. “Investing in REAL ESTATE is a BAD INVESTMENT!!! Don’t be fooled; real estate is NOTSource link

Banking giant Citi and SIX Digital Exchange (SDX), the digital assets-focused arm of Switzerland's main stock exchange, are teaming up to tokenize non-publicly traded shares in a move to streamline a $75 billion market that's littered with PDFs and paper documents.Citi will act as a custodian and issuer agent for tokenized versions of late stage, pre-IPO equities on SDX’s regulated blockchain-based Central Securities Depository (CSD) platform, the companies said on Tuesday.Citi said the platform, which is expected to go live in the third quarter, will exclude U.S. investors, but is otherwise global with an initial focus on Switzerland, Singapore and other parts of Asia.Private shares in high-growth, venture-backed companies are a large and appealing subset of an alternative asset class...

Bitcoin Mechanic, the pseudonymous global head of sales at Ocean Mining, stressed that Bitcoin Core developers were colluding with Citrea, a Bitcoin Zero Knowledge (ZK) expansion product, to facilitate the inclusion of so-called “spam” in the blockchain. Ocean Hints at Citrea-Bitcoin Core Collusion in OP_RETURN Spam Debate The conflict surrounding the possible removal of theSource link