Federal Reserve Tightens Monetary Policy While Maintaining Ample Reserves Framework

On September 16, the Federal Reserve executed a nuanced maneuver in its monetary policy, opting to tighten short-term interest rates while steadfastly adhering to its established reserve-management toolkit. The Federal…

XRP Tumbles as Senate Rejects Key Crypto Bill, Leaving Regulatory Future Uncertain

The price of XRP experienced a significant downturn, dropping by over 8% following the U.S. Senate’s decisive rejection of a pivotal cryptocurrency bill. Despite the legislative setback, the existing regulatory…

European Central Bank Opens Merchant Applications for Controlled 2027 Digital Euro Pilot, Issuance Contingent on EU Legislation

The European Central Bank (ECB) has initiated a critical phase in the development of its proposed retail central bank digital currency (CBDC) by opening applications for online merchants to participate…

UK Stablecoin Rules Offer Payment Loophole While Tightening Grip on Crypto Lending

HM Treasury has introduced a significant recalibration of its forthcoming regulatory framework for cryptoassets, particularly impacting stablecoins. The recently unveiled Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations…

CoinEx Ceases Operations After Nine Years Amidst Declining Revenues and Escalating Compliance Burdens

The cryptocurrency exchange CoinEx announced its impending closure on September 15th, bringing an end to its nine-year operational run. The decision, attributed to a combination of shrinking revenue streams and…

A House Crypto Tax Overhaul Would Raise an Estimated $500 Million While Easing Taxes on Stablecoin Payments and Small Fees

The House Ways and Means Committee is poised to deliberate on H.R. 10357, the Digital Asset Tax Certainty Act, on September 16th, marking a significant legislative effort to redefine the…

India’s Tokenized Bond Pilot Begins with Institutional Issuance, Retail Access Planned for Phase Two

India’s securities regulator has successfully initiated a groundbreaking pilot project, Demat 2.0, which integrates corporate bonds and their cash settlement onto interconnected digital rails. This landmark initiative has already facilitated…

A Proposed XRP Ledger Upgrade Could Allow Banks to Absorb XRP Costs for Customers, Shifting the Token’s Role to an Infrastructure Expense

A significant proposed upgrade to the XRP Ledger (XRPL) could fundamentally alter how financial institutions interact with the network, potentially removing a key barrier to widespread adoption. The "Sponsor" amendment,…

Another Bitcoin Liquidity Test Arrives with Tuesday’s US Tax Deadline

Tuesday’s U.S. estimated-tax deadline will shift cash toward the Treasury, testing whether last week’s improvement in bank reserves can hold through the Federal Reserve’s meeting. Bitcoin liquidity could come under…

Leveraged Funds Rebuild Bitcoin Futures Shorts Amidst Regulatory Scrutiny and Approaching Federal Reserve Meeting

Leveraged funds, a classification encompassing sophisticated financial entities such as hedge funds and money managers, significantly increased their net short positions in regulated Bitcoin futures markets in the week concluding…