Core Viewpoint - The Bank of England's recent decision to impose caps on stablecoin ownership is seen as detrimental to innovation and competitiveness in the UK financial sector, potentially pushing capital offshore and harming the demand for UK gilts [1][4][8]. Cryptocurrency and Stablecoins - The stablecoin market has rapidly grown to nearly $300 billion (£222 billion), and the Bank of England's restrictions have drawn criticism from various stakeholders who argue it could disadvantage the UK compared to other countries [2][5]. - Supporters of stablecoins argue they facilitate easier payments by providing a fast, cheap, and anonymous method for global transactions, contrasting with the volatility of cryptocurrencies like Bitcoin [5][15]. Regulatory Environment - Critics, including Nigel Farage and Zia Yusuf, accuse the Bank of England of being "openly hostile to innovators" and failing to create a conducive environment for the development of digital assets [6][12]. - The proposed caps on stablecoin ownership are viewed as a significant regulatory overreach that could stifle growth and innovation in the UK financial system [8][19]. Economic Implications - The restrictions on stablecoins could lead to reduced demand for UK gilts, further diminishing London's status as a global financial hub [3][8]. - The digital asset industry is already a significant employer in the UK, and the potential for GBP-backed stablecoins could attract capital and strengthen the pound in the digital economy [17][18]. Future Outlook - There is a call for a regulatory framework that is transparent and pro-growth to make the UK an attractive jurisdiction for crypto and digital finance [14][20]. - The article emphasizes the urgency for the UK to embrace innovation in the digital economy to avoid falling behind other countries that are actively fostering such developments [21].

Public Keys: Crypto ETFs rush to market while Solana gets its first $1 billion treasury company in a week of major digital asset moves.Read more: https://t.co/gt54m2o4cj ...

BitGo has filed for an IPO in the US, adding to an active market for digital assets https://t.co/x2KEILOygw ...

Recent federal policy has reignited discussion around the value of bitcoin as a means of cultivating retirement savings. Looking at bitcoin as a vehicle for long-term growth may seem a bit strange at face value. Some advisors and investors still look at bitcoin and only see the volatility. They may fixate on the moments where the asset class sees its price plummet and people start panic-selling. However, bitcoin may offer value as a long-term holding. Those who hold the cryptocurrency for long periods of ti ...

Bybit Partners with Qatar National Bank Group and DMZ Finance to Unlock Institutional Access to Digital AssetsBybit is proud to partner with Qatar National Bank (@QNBGroup)—the largest financial institution in the Middle East and Africa—and DMZ Finance (@DMZ_Finance) to bring institutional-grade innovation to the digital asset space.As part of this collaboration, Bybit now accepts QCDT, the world’s first DFSA-approved tokenised money market fund (MMF), as collateral.🌍 Why this matters for institutions:✅ Ins ...

Bybit Partners with Qatar National Bank Group and DMZ Finance to Unlock Institutional Access to Digital AssetsBybit is proud to partner with Qatar National Bank (@QNBGroup)—the largest financial institution in the Middle East and Africa—and DMZ Finance (@DMZ_Finance) to bring institutional-grade innovation to the digital asset space.As part of this collaboration, Bybit now accepts QCDT, the world’s first DFSA-approved tokenised money market fund (MMF), as collateral.🌍 Why this matters for institutions:✅ Ins ...

COMMENT: Both funds give traditional investors easier access to digital assets, removing the need for self-custody or crypto wallets.BSCN (@BSCNews):FIRST-EVER XRP AND DOGECOIN SPOT ETFS LAUNCH IN THE U.S.- REX Shares and Osprey Funds debuted the first U.S.-listed spot ETFs tied to $XRP and Dogecoin $DOGE on the Cboe BZX Exchange.The XRPR ETF- The XRPR ETF offers direct exposure to XRP, a token powering cross-border https://t.co/krofz2JkSC ...

FIRST-EVER XRP AND DOGECOIN SPOT ETFS LAUNCH IN THE U.S.- REX Shares and Osprey Funds debuted the first U.S.-listed spot ETFs tied to $XRP and Dogecoin $DOGE on the Cboe BZX Exchange.The XRPR ETF- The XRPR ETF offers direct exposure to XRP, a token powering cross-border payments on the XRP Ledger.- It trades under the Investment Company Act of 1940, providing regulatory safeguards, and opened with record demand.- First-hour volume topped $24M, outpacing all prior XRP futures ETFs. By the end of the session, ...

A First Look At Form W-9, Updated To Include Info For Reporting Digital Assetshttps://t.co/QyBGEjxDea https://t.co/dcKUoVz8Wd ...

Over the last few months, we have been talking about how adoption around crypto is just getting started. It's heating up. I feel as if 2025 is the year where crypto started to get taken serious.It's been put on center stage. Um the biggest players out there, the biggest politicians, the biggest companies, asset management companies, Wall Street players, they're all talking about crypto. I mean, at this point, I really don't even think that, you know, crypto is that niche market anymore. I don't think it is, ...