Crypto News
Fed’s Top Banking Regulator Floats Allowing Staff to Hold Crypto
A top Fed official has signaled openness to staff owning crypto, framing it as a step toward better-informed regulation.Source link
Singapore’s Regulatory Framework Boosting Digital Asset Innovation
Singapore is emerging as a leading hub for digital assets, driven by regulatory clarity and innovation in financial services, according to insights from DBS Bank's digital asset leadership. (Read More)Source link
Wyoming Becomes First State to Issue Stablecoin Across 7 Blockchains in Historic Move
Wyoming rockets into the digital finance frontier, launching America’s first state-backed stablecoin across seven blockchains, backed by U.S. dollars and treasuries. Historic First: Wyoming Issues State-Backed Stablecoin on 7 Blockchains The Wyoming Stable Token Commission unveiled on Aug. 19 the mainnet launch of the Frontier Stable Token (FRNT), establishing Wyoming as the first U.S. publicSource link
Asia Morning Briefing: Market Observers Say Bitcoin’s Structure Looks Weak Even as Industry Strengthens
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.As Asia begins its trading day, BTC is down 3% in the past 24 hours, changing hands at $113,000, while Ether is also in the red, down 5.6% to $4,100, extending a week of weakness across majors.The pullback comes despite a continued stream of bullish headlines, underscoring what market observers say is a widening gap between short-term price action and longer-term structural progress.In a recent report, Glassnode frames the decline as a function of fragility: spot momentum is...
Bitcoin Sinks as Concerns Over Inflation, Economic Data Mount
Crypto markets slide with Bitcoin under $113,000, pressured by inflation fears, trade tensions, higher yields, and profit-taking.Source link