Record $167B in Crypto Funds as Diversification Demand Surges
Crypto funds smashed records in May, amassing $167 billion in AUM as investors diversified away from traditional markets.
Crypto funds smashed records in May, amassing $167 billion in AUM as investors diversified away from traditional markets.
Treasury Secretary Scott Bessent positioned dollar-backed stablecoins as America’s answer to central bank digital currencies Wednesday, predicting a $2 trillion+ market by 2028 under the GENIUS Act framework.
The US crypto industry is one step closer to regulatory clarity after the CLARITY Act advanced through two congressional committees, setting up a pivotal House vote.
France’s Societe Generale is set to launch “USD CoinVertible”, a dollar-pegged stablecoin deployed on Ethereum and Solana blockchains
Corporate interest in stablecoins has tripled since 2024, per a Coinbase report.
The SEC’s newly revealed plans for conditional “innovation exemptions” present both opportunities and challenges for the crypto sector.
A staked Injective (INJ) ETF might be on the horizon after Canary Capital quietly formed the “Canary Staked INJ ETF” trust in Delaware.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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