JPMorgan weighs offering institutional crypto trading as Wall Street doubles down on digital assets https://t.co/nYizusTmWJ ...

⚡️UPDATE: Velo teams up with WLFI to bring USD1 into its ecosystem for payments, FX, and digital assets. https://t.co/3mYN3WMDBx ...

Core Viewpoint - Neptune Digital Assets Corp. has reported significant growth in total assets and digital currency holdings for the year ended August 31, 2025, while also expanding its strategic investments in frontier technologies [1][2][4]. Financial Performance - Total assets increased to $87.2 million, a 75% growth from $50 million as of August 31, 2024, primarily due to the rise in digital currency holdings from $31.3 million to $70.2 million [2]. - Gross revenues for the year reached $2.2 million, down from $3.1 million in the previous year, attributed to post-halving mining revenue reductions and weaker altcoin performance [6]. - Comprehensive income for the year was reported at $22.75 million, compared to $16.24 million in the prior year [10]. Digital Asset Holdings - The company holds approximately 416 Bitcoin (BTC), valued at around $50 million, with an average acquisition cost of about US$34,250 per BTC [3]. - Current holdings of Solana (SOL) increased to 36,300 from 26,964, with an average cost of approximately US$64 [5]. - The largest digital asset positions include 416 BTC, 36,300 SOL, and 230,600 Cosmos ATOM, along with diversified holdings in Ethereum, Dogecoin, Polkadot, and others [7]. Strategic Investments - Neptune has expanded its investments in frontier industries, acquiring additional shares of SpaceX valued at approximately $18.8 million and establishing a new position in xAI [4]. - The company is actively evaluating further investments in SpaceX, xAI, and other exclusive frontier tech private companies based on market conditions and fundamentals [4]. Liquidity Position - Neptune maintains a US$25 million revolving line of credit with Sygnum Bank, with US$8.8 million currently drawn [8].

Core Viewpoint - Bit Digital, Inc. has appointed Amanda Cassatt to its Board of Directors, effective January 1, 2026, to enhance its strategic focus on Ethereum and AI infrastructure [1][4]. Group 1: Appointment and Background - Amanda Cassatt is the founder and CEO of Serotonin and previously served as Chief Marketing Officer at Consensys, where she contributed to the development of Ethereum's ecosystem [2]. - Cassatt's experience includes digital assets, institutional adoption, and product strategy, which aligns with Bit Digital's expansion in Ethereum and AI [3]. Group 2: Strategic Importance - Cassatt's appointment is expected to support Bit Digital's focus on productive digital asset strategies and compute-driven business models [3]. - The company aims to strengthen its corporate governance and long-term strategic alignment with this addition, as it executes its Ethereum and AI-focused growth strategy [4]. Group 3: Company Overview - Bit Digital is a publicly traded digital asset platform that focuses on Ethereum-native treasury and staking strategies, having begun accumulating and staking ETH in 2022 [5]. - The company operates one of the largest institutional Ethereum staking infrastructures globally and aims to provide secure, scalable, and compliant access to on-chain yield through strategic partnerships [5].

Core Insights - The Federal Reserve is considering the creation of a limited-use payments account aimed at eligible banks and credit unions, which would not provide all the benefits of current master accounts [3][7] - This initiative reflects a shift in the Federal Reserve's perspective towards fintech and decentralized finance, indicating a willingness to embrace innovation rather than resist it [5][6] Group 1: Federal Reserve's Proposal - Federal Reserve Governor Christopher Waller introduced the concept of a "skinny" account that would limit the central bank's risk while catering to emerging financial technologies [3][5] - The account is intended for clearing and settling payment activities of eligible institutions, focusing on payments innovation [7] Group 2: Industry Reactions and Context - Fintech companies have been advocating for direct access to central bank accounts, but Waller clarified that the new account would primarily be available to financial institutions [4] - The Federal Reserve Board voted 6-1 to seek public comment on the proposed account, with one dissenting vote expressing concerns about potential misuse for illicit activities [7]

Ghana’s parliament has passed legislation legalizing the widespread use of cryptocurrencies, creating a regulatory framework for digital assets and virtual asset service providers. The move aims to formalize crypto adoption, address central bank concerns over unregulated use, and strengthen oversight of exchanges and related platforms. https://t.co/lbMuEhKUYw ...

Core Viewpoint - Hong Kong's insurance regulator is considering a new capital framework that would allow insurers to invest in cryptocurrencies while imposing stringent risk charges to mitigate market volatility and risk [1][3]. Group 1: Capital Framework Proposal - The Hong Kong Insurance Authority (IA) plans to apply a 100% risk charge to insurers' exposure to crypto assets, requiring full capital backing for any crypto holdings [3]. - The proposal aims to channel insurance capital into assets that align with government priorities, such as infrastructure projects, while limiting crypto exposure to insurers with robust balance sheets [5]. Group 2: Treatment of Stablecoins - Stablecoins will be treated differently, with risk charges linked to the fiat currency backing each token, provided they are regulated within Hong Kong [4]. - This approach indicates a clear distinction between unbacked crypto assets and stablecoins designed to maintain price stability [4]. Group 3: Regulatory Context and Future Steps - The draft framework is subject to revision and is expected to undergo public consultation between February and April, followed by legislative consideration [6]. - The initiative aligns with Hong Kong's efforts to establish itself as a regional hub for digital assets, including licensing regimes for virtual asset trading platforms and regulations for stablecoin issuers [7].

According to Bloomberg, bipartisan House lawmakers Max Miller and Steven Horsford are drafting a crypto tax framework that would exempt capital gains on regulated, dollar-pegged stablecoin transactions under $200 and allow staking and mining rewards to be taxed on a deferred basis for up to five years. The proposal would also bring digital assets under securities-related tax rules, permit eligible traders to use mark-to-market accounting, and extend wash-sale restrictions to cryptocurrencies. https://t.co/W ...

Swift is an absolute giant. They have over 11,500 institutional clients tied back to their network. And this is the dominant network where money is moving over it every single day. And this is the global rails essentially. This is one of the dominant players around our global financial systems rails.And they are innovating. They are changing the way that they are moving money. Now, I will say this, Swift basically just gave the green light to XRP and the entire space, but not in the way that most people are ...

Core Insights - BlackRock is expanding its digital asset offerings globally and is actively hiring for leadership roles in crypto [1][2] Group 1: Hiring and Job Openings - BlackRock's global head of digital assets announced multiple leadership roles are available within the digital assets team [2] - The company is seeking candidates for positions in the U.S., Singapore, England, and Ireland, focusing on crypto assets, stablecoins, and tokenization [2] - Leadership roles require over 12 years of experience, while associate roles require 3-6 years [2] Group 2: Job Details and Salary - The Managing Director role in New York offers a salary range of $270,000-$350,000 and involves leading major digital asset initiatives [3] - Current employee work requirements include at least 4 days in the office and 1 day working from home [3] Group 3: Expansion of Digital Assets - BlackRock is the largest issuer of Bitcoin and Ethereum ETFs and has launched the BlackRock USD Institutional Digital Liquidity Fund on Ethereum [1] - The company is not only expanding its digital asset offerings in the U.S. but also in Europe and Asia [3]