Stablecoin boom risks ‘cryptoization’ as fragmented rules leave economies exposed — Moody’s

Stablecoin boom risks ‘cryptoization’ as fragmented rules leave economies exposed — Moody’s

Moody’s warns “cryptoization” is undermining monetary policy and bank deposits in emerging markets amid uneven regulatory oversight. As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings.  The credit rating service warned that widespread use of stablecoins — tokens…

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Who’s in the running to become the next CFTC chair?

Who’s in the running to become the next CFTC chair?

The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency. Almost a year into the second term of US President Donald Trump, the Commodity Futures Trading Commission (CFTC) still doesn’t have a permanent head. Former CFTC Commissioner Brian Quintenz was Trump’s top…

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Microsoft cuts cloud services to Israeli military unit over Palestinian surveillance

Microsoft cuts cloud services to Israeli military unit over Palestinian surveillance

Microsoft has cut off the Israel Ministry of Defense’s access to some of its tech and services after an internal investigation found the organization appeared to be using its tech to store surveillance data on phone calls made by Palestinians.   The tech giant announced on Thursday that it made the decision to “cease and disable” certain subscriptions from the Israeli military. This affects subscriptions to Azure cloud storage and certain AI…

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Hashdex expands Crypto Index US ETF under SEC generic listing standards

Hashdex expands Crypto Index US ETF under SEC generic listing standards

The exchange-traded fund (ETF) is the second multi-asset cryptocurrency investment vehicle approved for trading in the United States. Asset manager Hashdex expanded its Crypto Index US exchange-traded fund (ETF) to include XRP (XRP), SOL (SOL) and Stellar (XLM) following the generic listing rule change from the Securities and Exchange Commission (SEC). The Nasdaq stock exchange-listed…

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Bitcoin bulls favored in .6B BTC monthly options expiry, but bears still lurk

Bitcoin bulls favored in $22.6B BTC monthly options expiry, but bears still lurk

Bitcoin’s $22.6 billion monthly options expiry is led by the bulls but macroeconomic headwinds could give the bears a last minute advantage. Key takeaways: Bullish bets dominate the September Bitcoin options expiry, assuming BTC price holds the $110,000 support level. Despite higher demand for bullish bets, macroeconomic uncertainty keeps downside risks on the table. Read…

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