The Senate Banking Committee is set to vote on the crypto bill, or Clarity Act, on Thursday despite objections from banks and Democrats.
Investors are increasingly choosing bitcoin over gold as a debasement trade since the Iran conflict began, JPMorgan analysts said.
Michael Saylor's Strategy has added 145,834 bitcoin worth around $11 billion so far this year, JPMorgan analysts noted.
BNY announced Thursday that it is expanding its crypto custody business to the UAE through partnerships with Finstreet and ADI Foundation.
Morgan Stanley pilots crypto trading at 50 basis points, expanding digital asset push weeks after launching a bitcoin ETF.
The move deepens a relationship between the firms struck when GSR invested in the SC Ventures-backed tokenization platform Libeara.
Stablecoin transaction volume is rising fast, but higher velocity may limit how much total market cap grows, JPMorgan analysts said.
The bank said DeFi’s $300 million-plus rescue effort and structural upgrades reinforce its long-term $2 trillion real-world asset thesis.
Thom Tillis has reportedly said he would not support the crypto bill if it does not include conflict-of-interest provisions.
KBank and Ripple have already completed the first phase of the PoC, in which they verified a wallet app-based remittance system.
JPMorgan said persistent hacks appear to push investors toward Tether's USDT, as users move funds out of DeFi during stress.
Infinite is introducing bank accounts that support traditional and crypto services like ACH, wire and stablecoin transfers.
The proof-of-concept trial will test the onchain transfer and management of Japanese government bonds on Canton Network.
The new platform, called Schwab Crypto, will roll out over the coming weeks and will only support bitcoin and ethereum at first.
TD Cowen said the path for the crypto bill could become even tougher following the recent White House report on stablecoins.
The bank boasts "the largest network of financial advisors [with] 16,000 advisors managing $6.2 trillion" according to an analyst.
Standard Chartered reportedly plans to integrate Zodia Custody's crypto custody business into its corporate bank division
Seven financial institutions launched sandbox testing regulated Swiss franc stablecoin, running through 2026 as stablecoin usage accelerates globally.
By partnering with Libeara, GSR is positioning itself as a full-service, end-to-end, global digital asset and RWA capital markets partner.
Brokerage Charles Schwab said there is no "correct" allocation to crypto, and the decision depends on each investor.
Toss is considering launching a native cryptocurrency on a Layer 1 mainnet and exploring adding its own Layer 2 network.
Earlier this year, JPMorgan expected flows to rise further in 2026 after a record inflow of nearly $130 billion in 2025.
Ahmad had led the firm since its founding in 2021, when it launched as a joint partnership between SC Ventures and OSL Group.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin has held up better than gold and silver during the Iran war, with signs of inflows and rising activity, JPMorgan analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
TD Cowen said policy risk remains high for prediction markets, flagging the 2028 election as the "real threat" as bipartisan concerns grow.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Traction in such decentralized exchanges is likely to grow over time and extend beyond commodities to other assets, JPMorgan said.
"We reject the idea that a deal has to come together in the next several weeks," said TD Cowen’s Jaret Seiberg.