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Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks

White House adviser Patrick Witt said yield-bearing stablecoins needn't to face bank rules because the Genius Act bars issuers from lending reserves.

Market infrastructure firms warn tokenized securities face higher costs, split liquidity without interoperability

The DTCC, Euroclear and Clearstream argue that the principle of “same asset, same rights, same outcome” must apply across both distributed ledger technology networks and traditional finance systems.

Morgan Stanley taps Coinbase and BNY for custody in proposed Bitcoin ETF

BNY to act as administrator, transfer agent and cash custodian for Morgan Stanley’s proposed Bitcoin Trust.

Bitcoin hits one-month high near $72,000 as haven demand rises

BTC jumped to $71,800 as investors turned to haven assets in light of the escalating Middle East conflict and renewed strength in altcoins.

Kraken becomes first crypto company to secure Fed master account access: WSJ

The approval lets Kraken speed up deposits and withdrawals for large traders and institutional clients, but is limited.

Ethereum: Sharplink's losses cross $1B as ETH falls below $2K

Sharplink is making waves in the market with its latest Ethereum [ETH] bet that one can't unsee. The company recently reported a major milestone, earning about $28.1 million in staking rewards, equal The post Ethereum: Sharplink's losses cross $1B as ETH falls below $2K appeared first on AMBCrypto.