Latest from Nikhilesh De
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.
Elon Musk could become a top 5 corporate bitcoin holder if Tesla and SpaceX merge
CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.
Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
An individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already and by the end of the week, all users will have access.
Mastercard secures New York BitLicense to support stablecoin and digital payment infrastructure
The payments giant said the approval supports its push into stablecoins and blockchain-based settlement infrastructure.
Solana DEX Orca launches new marketplace for tokenized real-world assets
The launch comes as crypto companies increasingly focus on tokenizing traditional financial assets, a market many in the industry see as a major growth opportunity.
Trump praises prediction markets, defends CFTC as court cases compound
U.S. President Donald Trump said it was "critically important" that the CFTC keep "exclusive authority" over prediction markets, echoing CFTC Chair Michael Selig.
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
Britain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions.
Crypto and the Fed: State of Crypto
This past week saw incremental, but potentially important steps.
Clarity Act could spark a boom in crypto ‘yield-as-a-service’
The bill’s restrictions on yield-bearing crypto products may push the industry away from passive "hold-to-earn" models and toward AI-driven, compliant yield infrastructure, according to STBL Chief Commercial Officer Joe Vollono.
SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens
Hester Peirce, the commissioner behind the SEC's Crypto Task Force, made statements on the now-delayed proposal, perhaps tamping down mistaken beliefs.
