Crypto

Stablecoins are quietly rewriting the rules of global finance. They give anyone, anywhere, access to money that moves instantly, across borders, with incentives aligned to users rather than banks.

The New York State Department of Financial Services has required banks to integrate blockchain analytics into compliance programs as part of its oversight of digital assets and related financial activity. The post New York Orders Banks to Embrace Blockchain Analytics in Crypto Crackdown appeared first on Cryptonews.

Bullish secures NYDFS BitLicense and Money Transmission License, unlocking crypto trading and custody services for institutions in New York. Bullish, the digital asset platform and infrastructure provider that debuted on the New York Stock Exchange last month, has secured regulatory approval to expand its operations in the United States — a key milestone as exchanges seek a clearer footing in one of crypto’s most scrutinized markets. Bullish announced Wednesday that its US arm, Bullish US Operations LLC, has been granted both a BitLicense and a Money Transmission License by the New York State Department of Financial Services (NYDFS). The approvals allow the company to offer institutional clients cryptocurrency spot trading and custody services in New York. Read more

Hayes sees Miran’s “third mandate” talk as yield curve control, a policy he says could propel BTC to $1 million.

P2P.org has joined the $4T Canton Network as a validator, underscoring the rise of institutional blockchain infrastructure. P2P.org has become a validator on the Canton Network, a blockchain platform for institutional finance that handles more than $4 trillion in tokenized assets. As a validator, P2P.org will operate nodes that verify and record transactions on the network. Launched in May 2023, Canton is a blockchain platform developed to support regulated institutions, with emphasis on real-world asset (RWA) tokenization, interoperability and adherence to compliance standards. The move adds P2P.org — a staking infrastructure provider that reports managing over $10 billion in assets across more than 40 blockchain networks — to a growing list of participants in Canton’s ecosystem, including Goldman Sachs, JPMorgan, Citi, Santander, Bank of America, HSBC and BNP Paribas. Read more

The USDH power struggle on Hyperliquid has ended with Native Markets defeating rivals including Paxos and Sky, underscoring how branding, partnerships, and regulatory positioning have shaped competition in DeFi. The post USDH Power Struggle Ignites Stablecoin “Bidding Wars” Across DeFi: Bloomberg appeared first on Cryptonews.

At the Stellar Meridian event in Copacabana, Rio de Janeiro, on September 17, where Ondo Finance unveiled a major expansion of its institutional-grade yieldcoin USDY to the Stellar network. The post Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users appeared first on Cryptonews.

The two sides used to beef until several months ago.

Bitcoin’s volatility may rise after today’s FOMC, but it is unlikely to result in a new directional move, hinting at continued range-bound action for a few more days. Key points: Bitcoin is likely to witness wild moves following the Fed’s rate decision, but the price may remain inside the large $107,000 to $124,474 range for some more time. Several altcoins, except BNB, have pulled back, indicating that traders are taking risk off the table before today’s FOMC. Read more

Solana’s Alpenglow upgrade promises 100-150 ms transaction finality — faster than a Google search. Explore how this leap could transform DeFi. Solana has always pitched itself as the blockchain for speed. With Alpenglow, it’s attempting a quantum leap. Validators have voted overwhelmingly in favor of the upgrade, with almost 99% support across the network. If successfully implemented, Alpenglow is expected to reduce transaction finality from roughly 12.8 seconds to just 100 to 150 milliseconds. Read more

Prediction markets are putting money on the Fed chair’s favorite hue, a subtle signal that the central bank wants to stay above the partisan fray.

The Peter Thiel-backed firm went public on the NYSE in August.

The Bitcoin options market reflects caution, while top traders increased their bullish positions as optimism in a Federal Reserve rate cut grows. Key takeaways: The Bitcoin options delta skew rose above the 7% neutral threshold, signaling cautious trader sentiment ahead of the US Fed decision. The top traders’ long-to-short ratio and $292 million spot ETF inflows support optimism despite mixed BTC derivatives. Read more

Launching first in Colombia, the app will allow users to receive and hold funds in USD-backed stablecoins.

Metaplanet, a Tokyo-listed hotel group that owns $2.3 billion worth of Bitcoin, said on Wednesday that its business is expanding to the U.S.

Senator Elizabeth Warren and others say they're probing whether Sacks has improperly outstayed his "special government employee" status.

ETH whales sold more than $400 million worth of the cryptocurrency in the span of 48 hours.

Crypto exchange Bullish secured a BitLicense from New York's financial regulator to unlock institutional trading in America's financial capital, building on its recent $1.15 billion record IPO entirely through blockchain-based stablecoins and MiCAR license uplift with Germany's BaFin for European Union operations. The post Crypto Exchange Bullish Secures New York BitLicense, Can Now Serve US Institutions appeared first on Cryptonews.

Forward Industries is transforming into a publicly traded proxy for the Solana ecosystem, using a $4B equity program to scale up a treasury strategy initiated by crypto-native giants who seeded the company with an initial $1.65B. The post Forward Industries Seeks $4B ATM Offering to Increase Solana-Focused Treasury appeared first on Cryptonews.

A Curve DAO proposal seeks to introduce Yield Basis, a protocol with a $60 million stablecoin mint that offers direct rewards to veCRV token holders.