Latest from Sheldon Reback
The Market Has Become 'Overly Excited' for Stablecoins, Hong Kong Financial Regulator Says
Only a few stablecoin licenses will be issued, Hong Kong Monetary Authority CEO Eddie Yue said.
Grayscale ETF Head David LaValle to Exit as Firm Eyes IPO: Report
LaValle joined Grayscale in 2021 to address investor dissatisfaction with the Bitcoin Trust’s discount and worked on its conversion to a spot bitcoin ETF.
Crypto Asset Manager CoinShares Secures EU-Wide MiCA License
The license, granted by France's AMF, allows it to offer crypto portfolio management services across the European Union.
Ethereum Validator Exit Queue Tops $2B as Stakers Rush to Quit After 160% Rally
The exodus stretched the waiting line to over 10 days, but strong staking demand from ETH treasury firms and SEC clarity may keep sell pressure in check.
Senate Releases Answer to Clarity Act as It Continues Market Structure Work
The Senate published a 35-page discussion draft market structure bill, asking for industry input on how it may be improved.
BNB Drops After Failed Breakout, Key Support Holds as Corporate Accumulation Grows
The decline has Solana's sol (SOL) to overtake BNB's market capitalization, with SOL rising 3.5% to a market cap of $109.3 billion.
A16z Crypto Leads $15M Seed Round Into Decentralized AI Data Layer Poseidon
Poseidon was incubated by IP-based protocol Story, whose aim is to convert IP into programmable assets that can be licensed and managed using smart contracts
UK Says Crypto Sector Likely Under Reporting Sanction Breaches
U.K.-based crypto asset firms also face a high risk of being targeted by North Korean hackers, many of which operate on behalf of sanctioned entities, the report said.
Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody's
Moody’s notes that current blockchain use is mostly limited to on-chain bond issuance, with certain key functions still reliant on off-chain infrastructure
