SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US
With officials urging companies to “reshore crypto,” global companies are expanding US operations as the Trump administration rolls out pro-crypto reforms. Crypto companies are beginning to return to the United States as top officials signal a shift toward friendlier regulation and domestic growth. In a Thursday speech at the America First Policy Institute, SEC Chair Paul Atkins […]
SEC’s crypto task force to hit the road with 10 roundtables across the US
The roundtables, scheduled to be held in 10 cities, will focus on crypto startups less than two years old and with 10 or fewer employees. US SEC Commissioner Hester Peirce will hit the road this fall, leading a 10-city tour as part of the Securities and Exchange Commission’s new crypto outreach initiative. The regulator announced a roundtable […]
Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction. Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart Securities & Commodities Group fell nearly 20% on Friday, according to Google Finance […]
As Trump challenges Fed independence, key FOMC member resigns
Adriana Kugler steps down from the Federal Reserve Board amid mounting political pressure and renewed uncertainty over Jerome Powell’s leadership. Federal Reserve Board of Governors member Adriana D. Kugler has announced her resignation, stepping down during a particularly sensitive moment for the US central bank as President Donald Trump continues to challenge the long-standing tradition […]
Crypto Biz: Digital gold rush intensifies as Tether Gold surges, institutions double down on BTC
As physical gold hits record highs, Tether Gold’s (XAUt) market cap surges past $800 million, while Bitcoin treasury firm Twenty One Capital expands holdings. While Bitcoin BTC$114,827 is often described as digital gold, a tokenized commodity offering direct exposure to the physical metal is quietly gaining traction. By the end of the second quarter, Tether Gold […]
