Qivalis, a European banking consortium, is reportedly in talks with crypto exchanges ahead of a planned euro stablecoin launch in the second half of 2026. Qivalis, a consortium of major European banks, is in advanced talks with crypto exchanges and liquidity firms to distribute its planned euro-pegged stablecoin, Spanish business newspaper Cinco Días reported Monday. The group, including banks such as ING, UniCredit, and the recent addition of BBVA, is moving toward the launch of a stablecoin in the second half of 2026, Cinco Días reported. The consortium is now reportedly in advanced discussions with crypto exchanges, market makers and liquidity providers. The shareholder banks themselves will also be able to distribute the stablecoin. Read more
Tokenholders backed a $42.5 million stablecoin package and 75,000 AAVE allocation for Aave Labs under a proposed DAO-funded revenue model. Aave’s “Aave Will Win” framework passed its Temp Check vote, clearing the first formal stage of the protocol’s governance process. On Sunday, the off-chain Snapshot vote closed with 52.58% voting in favor, 42% against and 5.42% abstaining. The result advances the measure to the Aave Request for Final Comment (ARFC) stage, where terms may be revised before any binding on-chain vote. The framework asks tokenholders to approve up to $42.5 million in stablecoins and 75,000 Aave (AAVE) tokens for Aave Labs. In return, the organization would route 100% of revenue from Aave-branded products to the Aave DAO treasury under a DAO-funded operating model. Read more
Deputy Prime Minister Koo Yun-cheol ordered an inter-agency review of seized crypto wallets after the National Tax Service exposed a seed phrase in a press release. South Korea’s Deputy Prime Minister and Minister of Economy and Finance, Koo Yun-cheol, announced a cross-agency sweep of how the government and public institutions handle seized digital assets after the National Tax Service (NTS) accidentally leaked a wallet seed phrase in a press release photo on Thursday. Officials published an image of a hardware wallet showing the full recovery phrase. Authorities lost roughly 4 million Pre-Retogeum (PRTG) tokens worth about 6 billion won ($4.8 million) from a confiscated wallet as a result. In a post on X, Yun-cheol said that the government, alongside the Financial Services Commission and Financial Supervisory Service, would review the status and management of all digital assets seized from delinquent taxpayers and “promptly” strengthen security controls. Read more
NYDIG’s Greg Cipolaro says AI could be a “general-purpose technology,” and its effects on the economy could be a boon for Bitcoin. Bitcoin could benefit if artificial intelligence disrupts labor markets or creates volatility that prompts central banks to ease monetary policy, according to Greg Cipolaro, research lead at crypto services firm NYDIG. Cipolaro said in a research note on Friday that AI may prove to be a “general-purpose technology” such as electricity, and the macroeconomic effects it would have on employment, economic growth and risk appetite will affect Bitcoin (BTC). “If AI-driven growth occurs alongside expanding liquidity and contained real rates, that backdrop can be supportive for Bitcoin,” Cipolaro said. “But if stronger growth lifts real yields, tightens policy, and reduces the need for monetary accommodation, Bitcoin may face headwinds.” Read more
Arthur Hayes says the longer Donald Trump engages in expensive “Iranian nation-building,” the more likely it is that the Federal Reserve will boost money supply. The US Federal Reserve could ease its hawkish monetary policy to help finance the country’s conflict with Iran, which would boost crypto markets, says BitMEX co-founder Arthur Hayes. Hayes said in a blog post on Monday that every US president since 1985 has launched military action in the Middle East, and each time, the Federal Reserve has responded by cutting rates and expanding the money supply to finance the conflict. “The longer Trump engages in the extremely costly activity of Iranian nation-building, the higher the likelihood that the Fed lowers the price and increases the quantity of money to support Pax Americana’s latest bout of Middle Eastern adventurism,” he added. Read more
X head of product, Nikita Bier, says the paid promotions tag aims to encourage people to build their businesses on X while being transparent with their fan base. Social media platform X is now permitting paid promotional crypto posts under its updated labeling policy, though crypto advertisements will continue to be banned in several key markets, including the UK and European Union. X lifted its ban on crypto and gambling promotions on Sunday, enabling industry influencers to monetize crypto content, provided they comply with the platform’s new paid partnership framework. However, crypto influencers will be responsible for ensuring that partnerships are blocked or not visible in the European Union, the UK and Australia, regions with strict financial promotion laws that represent a sizable share of global crypto activity. Read more