Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Wells Fargo's first tokenized deposit corridor runs dollar-pound transfers around the clock, a bid to keep corporate balances off stablecoin rails.
Coinbase custodies 9 of 11 Bitcoin ETFs and 8 of 9 Ethereum ETFs, representing roughly $74 billion. Bitwise flags concentration risk from single-custodian reliance.
Bybit Payments GmbH won FMA approval for e-money services in Europe; the crypto arm stays under MiCA. Open banking and person-to-person transfers could follow.
Nigeria's revenue service ordered crypto exchanges to withhold taxes on digital asset trades, taxing staking income at 10% and shifting compliance duties to platforms.
Western Union's Stablecard lets recipients receive dollar-backed stablecoins, store them in a self-custody wallet and spend via Visa. The platform launches in 37 markets using USDPT by Anchorage Digital Bank.
Poolin's Chapter 11 filing lists $163.7M in wallet IOUs. Its $52M Texas sale must clear Thor's Aug. 9 deadline and court approval before any payout.
Samsung will embed stablecoin support into 800 million new smartphones, giving the tech giant a distribution edge over Apple and Google. A $408M stake in Upbit operator Dunamu backs the infrastructure side.
Binance helped Indian investigators trace $23.96 million in alleged illegal crypto transactions, leading to 14 arrests after a four-month operation involving blockchain analysis.
Law takes effect Sept 1, 2026, alongside digital ruble launch. 69% of surveyed Russians expect no real crypto use cases. 54% know almost nothing about how it works.
Banca d'Italia tested $200 USDC transfers across 10 corridors. On-chain costs averaged 0.4%, but total fees hit 9%. The bottleneck is on/off-ramps, not blockchains.
Wells Fargo launches tokenized deposits for corporate clients this fall, starting with USD/GBP settlement. Follows JPMorgan and Citi in building blockchain rails against stablecoins.
Wells Fargo, JPMorgan, BofA and Citigroup plan a shared tokenized deposit network via The Clearing House, targeting first-half 2027. The network could reshape bank payments and compete with stablecoins.
Warren and Blumenthal want the SEC to probe Trump's memecoin, citing $3.8B in investor losses, as the Clarity Act's ethics section stalls at the White House.
CoinRabbit and ChangeNOW report challenges crypto's transparency-as-default model, arguing privacy tools protect investors from extortion without blocking law enforcement.
Bitcoin is worth half its October peak despite a friendly White House, SEC retreat, and stablecoin laws. Policy changed permission, not demand.
Galaxy and BNY integrate staking into BNY's custody platform. The model combines safekeeping with yield on proof-of-stake networks for institutional clients.
Dinari expands its U.S. tokenized stock platform to eligible domestic investors through self-custody wallets. The offering includes 724 tokenized stocks, among them all S&P 500 companies, tradable wit
Dinari opens tokenized S&P 500 access for qualified US investors. dShares backed by real shares, USDC settlement, four blockchains. Plans Solana, Sei support later.
The bank's BLIQUID tokens give institutional clients a familiar risk profile on a blockchain. The move follows similar tokenized funds from BlackRock and Franklin Templeton.
Bernstein warns U.S. crypto valuations at risk if the CLARITY Act stalls before the August Senate recess. The firm sees a knee-jerk selloff, with a joint SEC-CFTC rulemaking effort as a potential backstop.
Wells Fargo moves into tokenized deposits with 24/7 dollar-pound settlement for corporate clients. WFC joins JPMorgan and Citi on settlement rails.
Western Union's Stablecard combines a USDPT wallet and Visa card in 37 markets. The product targets countries with volatile currencies, with plans to reach 60 markets by year-end.
Banca d'Italia tested USDC across 10 corridors; costs reached 8.96%, completion time up to two days. Blockchain was 0.4% of total cost. On/off-ramp friction drove variation.
BNY Mellon will let institutional clients stake crypto without moving assets. Galaxy Digital is the infrastructure partner. The bank also plans tokenized Treasuries and blockchain-based stock transfer registry.
Sen. Jon Husted backs the CLARITY Act as Galaxy Research cuts passage odds to 30%. The bill would split SEC and CFTC oversight of digital assets, but Senate math remains brutal before the August recess.
BNY's $62.6 trillion custody network meets Galaxy's validator infrastructure in a staking service that keeps assets inside the bank's system. The deal targets pension funds and insurers that have avoided staking due to compliance costs.
Binance's Lite Loan lets users borrow up to $1,000 in USDT against BTC with no liquidation risk for 30 days. The product targets the 88% of holders who want to borrow but fear forced sales.
Senate Majority Leader John Thune expects a procedural vote on the CLARITY Act before the August recess, but no cloture motion has been filed yet. The window is closing fast.
BNY Mellon will offer crypto staking through Galaxy Digital, merging custody and rewards for institutions. The service needs regulatory approval before launch.
Trump administration drafts ban on Chinese data center gear. Crypto miners that rely on the same server supply chain face higher costs and longer lead times if the restrictions take effect.