Cryptocurrency

Japan’s parliament poised to pass sweeping bill to regulate crypto like stocks
The new rules, which are expected to come into effect in 2027, aim to foster innovation and crypto market growth to meet internal and external demand for digital asset services.

'I will not vote for Clarity until we address ethics': Sen. Angela Alsobrooks
Senator Angela Alsobrooks joins hosts Rebecca Rettig and Renato Mariotti to discuss the three outstanding issues she needs resolved before voting Clarity off the Senate floor. Plus, insights into Jamie Dimon's criticism over stablecoin yield. And, former Congressman George Santos named person of the week for the Kalshi insider trading investigation.

Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed
Hayes said he would reconsider his stance if his assumptions that an exploit is still possible prove to be incorrect.

Strategy sells Bitcoin for the first time in 4 years
Strategy sold 32 bitcoin between May 26 and May 31 at an average price of $77,135. Proceeds will fund distributions on its preferred stock. The news pushed bitcoin under $72,000. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

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.

Banca Sella gets green light to provide crypto services to customers in Italian first
The fintech-forward private bank said it is the first Italian lender to get Bank of Italy approval under MiCA to offer digital asset custody and transfers.

Why Minnesota is empowering local banks to fight Wall Street for crypto revenue
A local banker told CoinDesk that in light of Wall Street’s aggressive push into the crypto industry, Minnesota's financial institutions could not afford to remain on the sidelines.

Peer-to-peer trading startup Variational raises $50 million for real-world perps in funding round led by Dragonfly
The company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold.

Minnesotan banks and credit unions set to provide crypto custody Aug. 1
Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.

Hana Bank to acquire $670 million stake in Upbit operator Dunamu
The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities.

