Crypto News

Global confidence in the U.S. dollar is crumbling as rising debt, sanctions backlash, and collapsing trust spark a powerful shift in the foundation of global finance, a top Russian official says. US Dollar Faces Intensifying Scrutiny Amid Rising BRICS Influence and Domestic Economic Strain Growing skepticism over the U.S. dollar’s long-term stability is signaling aSource link

The Dubai Financial Services Authority (DFSA) granted regulatory approval to QCD Money Market Fund (QCDT), making it the first tokenized money-market fund with an official set-up in the Dubai International Financial Centre (DIFC), according to Qatar National Bank (QNBK), while DMZ Finance, the companies behind the fund.The fund's investment strategy and asset origination is led by Qatar National Bank while DMZ Finance provides the technology underpinning its digital architecture, the companies said in a statement shared with CoinDesk.The regulatory approval serves as evidence of Dubai and the Middle East's growing role as a hub for compliant digital asset finance, particularly in the tokenization market. According to a joint report by Ripple and BCG, the global market for tokenized RWAs...

U.S. crypto regulation is accelerating as Ripple’s top executive joins a pivotal Senate hearing that could redefine oversight, innovation, and investor protection across digital markets. Ripple CEO to Testify in Senate Crypto Hearing Amid Push for Regulatory Overhaul Momentum is building in Washington as lawmakers and industry leaders converge to shape the future of U.S.Source link

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.Fund manager Jeff Dyment of Saphira Group wants you to zoom out and stop sweating the short-term charts.His thesis: Data points that suggest institutional bitcoin (BTC) buying is losing steam miss the bigger picture.In a note shared with CoinDesk, Dyment argues that fears of fading institutional demand for bitcoin are overblown, rooted in narrow snapshots of the market.Yes, ETF and corporate purchases have cooled recently – Michael Saylor's Strategy bought just 16,000 BTC last month, down sharply from...

Strategy is unleashing a $4.2 billion capital wave to expand its already massive bitcoin holdings after raking in a jaw-dropping $14 billion Q2 unrealized gain. $4.2B Offering From Strategy Signals More Bitcoin Buys After $14B Q2 Upside Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on July 7 that it launchedSource link