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The Future of Money Trusted crypto & Web3 media since 2013. News, research, podcasts & more. Explore: linktr.ee/cointelegraph_mobile For ads: advertise@cointelegraph.com Market news: @CTMarkets
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🇯🇵 JUST IN: Japan's SBI Holdings and Startale Group sign MOU to jointly develop a regulated yen-denominated stablecoin compliant with Japanese financial regulations.
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🇺🇸 NEW: The US Senate Banking Committee confirms that it will not hold a crypto market structure markup in 2025, now pushed to early 2026 following bipartisan discussions.
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🗞 Catch up on the news over the last 24 hours!
🇬🇧 UK Treasury is drafting new rules to regulate crypto like traditional financial products under FCA oversight by 2027, per The Guardian.
🔥 Tokenized assets hit an all-time high of $330B market cap, spanning stablecoins, tokenized funds, commodities, and stocks, per Token Terminal.
🔥 Phantom to roll out its Phantom Cash debit cards starting this week, launching first in the US with international support coming soon.
🇺🇸 Kevin Hassett, frontrunner for Fed chair, says Trump's views on interest rates will hold "no weight" at the Fed.
🚨 Crypto fear & greed index hits 16, currently in ‘extreme fear’.
🔥 JPMorgan is launching a tokenized money market fund on Ethereum.
🚨 Visa to launch a stablecoin advisory practice to help banks explore stablecoin use cases.
🔥 Strategy bought 10,645 $BTC worth ~$980.3M.
🔥 Tom Lee’s BitMine added 102,259 $ETH worth $321.1M last week, bringing total holdings to 3,967,210 $ETH.
🚨 Ripple’s $RLUSD is expanding to Layer 2s via Wormhole’s NTT standard.
⚡️ CME Group has launched spot-quoted $XRP and $SOL futures.
🔥 Circle to acquire the Interop Labs team and its intellectual property.
🔥 Elon Musk has become the first person in history to surpass a 600 billion dollar net worth.
🔥 MetaMask now supports $BTC.
🇺🇸 PayPal applies to become a US bank.
🚨 Nasdaq plans to file with the SEC for 23-hour weekday trading of US stocks, per Reuters.
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