The Abu Dhabi Investment Council more than tripled its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares in Q3, viewing Bitcoin as a long-term digital gold allocation. The Abu Dhabi Investment Council (ADIC) expanded its exposure to Bitcoin ahead of the cryptocurrency’s sharp downturn, more than tripling […]
Strategy’s Michael Saylor claims he met with every Middle East sovereign wealth fund to pitch Bitcoin-backed credit, positioning digital capital as a yield-generating alternative to traditional fixed income. Strategy Executive Chairman Michael Saylor said today that he has met with “every sovereign wealth fund in the Middle East,” as he continues to […]
The Banco Central de la República Argentina (BCRA), is reportedly drafting rules that would allow commercial banks to offer bitcoin. Argentina is considering a major shift in its approach to bitcoin. Argentina’s central bank, the Banco Central de la República Argentina (BCRA), is reportedly drafting rules that would allow commercial banks to […]
The CFTC has approved federally regulated spot Bitcoin and crypto trading in the U.S., with Bitnomial’s exchange launching next week. The CFTC is opening the door for federally regulated spot crypto trading in the U.S. for the first time, with Bitnomial’s exchange opening up next week. Acting Chairman Caroline Pham announced that […]
Japan’s FSA plans to require crypto exchanges to hold liability reserves to compensate customers for losses from hacks, failures, or bankruptcies. Japan is preparing another major tightening of its digital-asset rulebook, with the Financial Services Agency (FSA) planning to require crypto exchanges to set aside liability reserves to compensate customers in the […]
Kraken filed confidentially for a U.S. IPO after an $800 million fundraising that valued the exchange at $20 billion. Kraken, one of the longest-running crypto exchanges, has taken a major step toward going public, filing for a U.S. initial public offering (IPO) through its parent company, Payward, Inc. The draft […]
JPMorgan Chase abruptly closed Strike CEO Jack Mallers’ accounts, citing “concerning activity,” reigniting crypto debanking fears amid the bank’s ongoing Epstein controversies. Strike CEO Jack Mallers said JPMorgan Chase abruptly closed his personal bank accounts last month without providing a clear explanation, sparking fresh debate over the banking industry’s treatment […]
A new 50-page House Financial Services Committee report formally documents what Republicans call a Biden-era “Operation Chokepoint 2.0,” detailing how regulators pressured banks to avoid crypto while publicly denying any discouragement. Republicans on the House Financial Services Committee have released a 50-page report detailing what they describe as a systematic […]
The OCC has clarified that U.S. national banks may hold crypto on their balance sheets to pay blockchain network fees and test crypto platforms. The U.S. Office of the Comptroller of the Currency (OCC) has given national banks the green light to hold crypto on their balance sheets for the […]
Harvard’s endowment has made Bitcoin its largest publicly disclosed investment. Harvard University’s endowment has been quietly and massively increasing its Bitcoin holdings. The university bought more than 6.8 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) as of September 30. The investment is valued at $442.8 million. This marks a 257% increase […]