Analysis
Stablecoins
Polymarket mulls own stablecoin for efficient use of USDC reserves
Polymarket evaluates launching a proprietary stablecoin to harness internal reserve control and stablecoin-related revenue.
Regulation
Citadel urges SEC caution on tokenized securities initiative
Citadel Securities cautions SEC on potential risks of hastening tokenization in capital markets.
TradFi
BitGo joins flurry of crypto firms eyeing IPOs
BitGo pursues IPO after achieving regulatory milestones, aiming as a bridge for institutions to blockchain.
Adoption
Trump Media discloses $2B Bitcoin holdings as Congress approves key crypto legislation
Trump Media's aggressive Bitcoin investments highlight a strategic pivot amid favorable new U.S. crypto laws.
Regulation
Lawmakers to review Trump’s CFTC chair nominee ahead of full Senate vote
The Senate Agriculture Committee will assess Brian Quintenz for CFTC chair during a July 21 hearing ahead of a full vote on his appointment.
Stablecoins
JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins
According to the lender, regulators see tokenized bank deposits as safer digital currency alternative to stablecoins amid crypto volatility concerns.
Price Watch
XRP hits new ATH of $3.55 after 7 years amid altcoin surge
XRP's surge to new highs reflects confidence in Ripple's cross-border payment innovations.
Crypto
Canary continues altcoin ETF strategy with application to launch Injective fund with staking
Canary Capital's staked Injective ETF aims to grant investors regulated on-chain yield access amid the evolving regulatory landscape.
Adoption
El Salvador, Pakistan inaugurate diplomatic relations to collaborate on digital assets
Pakistan and El Salvador establish first-ever diplomatic ties, driven by innovative blockchain ambitions.
Stablecoins
BofA CEO confirms bank is exploring stablecoins for potential payment revolution
CEO Brian Moynihan sees stablecoins as a transformational tool for Bank of America's payment system evolution.
Crypto
GameStop CEO says firm’s Bitcoin bet is an inflation hedge, not long-term strategy
GameStop CEO emphasizes capital discipline with strategic Bitcoin hedging, not crypto expansion.
TradFi
Standard Chartered expands crypto footprint amid stablecoin market boom
Nearly 90% of Standard Chartered's recent discussions focused on stablecoins, signaling a pivotal shift in institutional crypto strategy.
