FHFA’s Crypto Mortgage Plan Draws Senate Democrats’ Scrutiny
Key Democrats in the US Senate are pressing the FHFA on its plan to allow cryptocurrency as a factor in mortgage approvals.
Metaplanet Acquires 780 More BTC for $92.5M, Boosting Holdings to $2B
Metaplanet has expanded its Bitcoin portfolio with the purchase of an additional 780 BTC for approximately $92.5 million, reinforcing its bullish stance on the cryptocurrency.
Ethereum’s Rally Accelerates as Big Money Flows In
Ethereum is charging toward $4,000, fueled by a wave of institutional buying and record derivatives activity.
Novogratz’s Warning: ETH Supply Crunch Imminent—$4,000 in Sight
Investors take note: Galaxy Digital’s Michael Novogratz warns that Ethereum’s shrinking supply and corporate buying sprees could ignite a major rally.
Hong Kong Bans Unlicensed Stablecoin Promotions—Jail Time Possible
Hong Kong is taking a hardline stance against unregulated stablecoin promotions, with a new law taking effect August 1 that could land violators in jail for up to six months.
Anchorage Digital and Ethena Labs Pioneer GENIUS-Compliant Stablecoin in US
Anchorage Digital Bank is set to make history by issuing Ethena Labs’ USDtb—the first stablecoin designed for compliance with the GENIUS Act.
FTX to Release $1.9B to Creditors Starting Sept. 30
FTX’s next creditor payout is set for September 30, with $1.9 billion approved for distribution after court-approved reserve cuts. The record date is August 15, but the exact payout amount remains unclear.
