Latest from Sheldon Reback
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing state-owned real estate.

Open USD poses biggest threat yet to Circle's USDC, CoinShares says
The consortium-backed stablecoin would share reserve income with partners instead of the issuer, pressuring Circle's margins if it debuts in 2026.

The launchpad that fueled Robinhood Chain's memecoin boom just gave away all its revenue
Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's memecoin economy in freefall.

Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products.

Bitcoin rally cools as investors digest inflation data, oil clouds outlook
Your day-ahead look for July 15, 2026

Crypto steadies as Middle East tensions counter U.S. inflation report boost
Bitcoin held steady at a three-week high as rising tensions between the U.S. and Iran reined in gains from Tuesday's softer-than-expected inflation numbers.

Stripe mounts blockbuster $53 billion bid to buy PayPal
The bid, made together with Advent, follows an earlier expression of interest. PayPal has been reluctant to engage with the offer thus far.

UK plans first G7 digital sovereign bond by early 2027
The security will launch on HSBC’s Orion platform within the BoE and FCA’s Digital Securities Sandbox to test reduced settlement times and costs.

AI agentic payments enter mainstream as Visa, Mastercard, Ripple back x402 standard
Forty companies now govern x402, the protocol Coinbase built and handed away. It settled about $24 million across 75 million payments last month.

JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin.

