At the last minute, New Hampshire has backed away from a groundbreaking effort to establish what was expected to be the first rated, bitcoin-backed bond issued under the authority of a state, with a state agency canceling the project. Just a few months after Moody’s Ratings gave the bond a Ba2 rating, the New Hampshire […]
New Hampshire rejects groundbreaking bitcoin bond effort Read More »
Digital broker Robinhood’s new chain is off to a flying start, and the benefits are trickling down to Ethereum-based network Arbitrum. The native token of Arbitrum (ARB) jumped 19% over the past 24 hours, making it the best-performing asset in the top 100 cryptocurrencies, according to CoinDesk data. Bitcoin BTC$63,212.35 rose 1.5% higher to trade
Robinhood chain hits $568m in trading frenzy, which benefits Arbitrum Read More »
Coinbase Chief Legal Officer Paul Grewal is leaving the company following its high-profile, years-long legal battle with US regulators, and the US exchange also announced further changes to its senior leadership. Grewal is leaving to work at a startup, according to a Thursday announcement from Coinbase. Molly Abraham will now lead the company’s legal team
Grayscale CFO Edward McGee has stepped down after seven years at the crypto asset manager, becoming the latest executive to leave the company, according to a filing with the US Securities and Exchange Commission on Thursday. McGee resigned effective July 2 for personal reasons and not because of “any disagreement with the company or its
Grayscale’s CFO leaves after 7 years with crypto asset manager Read More »
But elsewhere, another sign of hope emerged in a Wednesday letter from Sen. Ron Wyden to Senate leadership that the Oregon Democrat supported the way the previous legislation handled the legal protections for developers — specifically the section on Clarity known as the Blockchain Regulatory Certainty Act, which would ensure that crypto developers would not
Tech giant Sony’s online banking unit said it received conditional approval to establish a US national trust bank subsidiary to support the issuance and management of dollar-denominated stablecoins. The planned entity, Connectia Trust, National Association, will be based in New York and capitalized with $40 million, according to a Sony Financial Group announcement. Sony Bank
Sony Bank secures conditional OCC approval for US stablecoin trust bank Read More »
Average requests rose to 10.3% of shares from 9.7% in Q1, but varied widely (1.3%-38.1% at Blue Owl’s OTIC), Fitch said. Many inquiries were follow-ups from investors who were only partially satisfied last quarter. New inflows fell by about 56% on average, so most funds saw a net outflow of about 3% of the previous
Singapore’s state-owned investment firm Temasek Holdings said it will prioritize AI investments over crypto due to regulatory uncertainty and the lingering impact of a $275 million write-off from the 2022 collapse of crypto exchange FTX. The firm, with an investment portfolio of about 518 billion Singapore dollars ($400 billion), plans to increase its AI exposure
Singapore’s investment giant Temasek will avoid crypto in pivot to AI Read More »
The crypto market bounced back from a mid-week lull on Thursday with bitcoin BTC$62,693.48 rose 1.2% since midnight UTC to $63,000, while ether (ETH) rose 0.75% to $1,755. The move followed U.S. stock market gains as Nasdaq 100 index futures rose 2.6% over the past 24 hours despite escalating tensions between the U.S. and Iran.
This summary was created based on CoinDesk Research’s latest report; Digital Assets: Quarterly Review and Outlook, with CoinDesk 5 and CoinDesk 20. – Joshua de Vos, Head of Research, CoinDesk Ask an expert Q: Is Asia moving forward via tokenization and stablecoins instead of spotting bitcoin ETFs? Institutional adoption in Asia is shifting from exploratory
Q2 2026 Digital Asset Review Read More »
