Bitcoin ETFs saw $812 million in outflows, led by Fidelity and ARK, while Ether ETFs ended their longest inflow streak with $152 million in losses. Source: cointelegraph.com (Read Full Article)
Michael Saylor joins chorus for clarity as US works to legally define crypto
Strategy’s Michael Saylor wants the US government to clearly define digital securities and commodities, as well as state when it is allowable to tokenize securities. Source: cointelegraph.com (Read Full Article)
Democrats press bank regulator on Trump stablecoin conflicts
Democratic senators have asked Comptroller of the Currency Jonathan Gould to explain how he’ll prevent Donald Trump from influencing stablecoin rules that may benefit his family. Source: cointelegraph.com (Read Full Article)
Salvadoran President Nayib Bukele can now run for election indefinitely
El Salvador approved indefinite reelection for president and extended terms to six years, sparking backlash from critics warning of increasing authoritarianism. Source: cointelegraph.com (Read Full Article)
Andreessen Horowitz warns of loopholes in draft US crypto rules
Andreessen Horowitz urged the US Senate Banking Committee to scrap the “ancillary asset” concept in draft crypto legislation, warning of loopholes. Source: cointelegraph.com (Read Full Article)
GENIUS sets new stablecoin rules but remains vague on foreign issuers
The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad. Source: cointelegraph.com (Read Full Article)
State of stablecoins after GENIUS Act: Expert weighs in
Following the landmark US passage of the GENIUS Act, Fabian Dori of Sygnum Bank breaks down what lies ahead for stablecoins, institutional adoption and global crypto regulation. Source: cointelegraph.com (Read Full Article)
UK regulator lifts ban on crypto ETNs for retail investors
After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail. Source: cointelegraph.com (Read Full Article)
Crypto treasuries top $100B for Ethereum’s 10th anniversary: Finance Redefined
Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin. Source: cointelegraph.com (Read Full Article)
Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction. Source: cointelegraph.com (Read Full Article)