🇬🇧🤔 The Bank of England plans to publish draft rules for systemic stablecoins next month and finalize them by year-end, while it may set temporary limits on total stablecoin issuance to mitigate early risks.
Bank of England Deputy Governor for Financial Stability Sarah Breeden stated at London’s City Week 2026 that the central bank’s future strategy will focus on tokenization to modernize UK finance. She emphasized that the future retail payment system should include interchangeable forms of money, such as tokenized deposits, regulated stablecoins, and a potential retail CBDC. #stablecoin
Bank of England Deputy Governor for Financial Stability Sarah Breeden stated at London’s City Week 2026 that the central bank’s future strategy will focus on tokenization to modernize UK finance. She emphasized that the future retail payment system should include interchangeable forms of money, such as tokenized deposits, regulated stablecoins, and a potential retail CBDC. #stablecoin
🇬🇧📊 WhiteBIT Launches UK Platform With GBP Rails via Faster Payments
WhiteBIT, one of Europe’s largest crypto exchanges, has launched a dedicated UK platform, whitebit uk, to expand into the UK’s regulated financial market. The exchange will offer spot trading, market analytics, and instant swaps for retail and professional users, along with GBP deposits via bank cards and the UK Faster Payments Service (FPS).
WhiteBIT, one of Europe’s largest crypto exchanges, has launched a dedicated UK platform, whitebit uk, to expand into the UK’s regulated financial market. The exchange will offer spot trading, market analytics, and instant swaps for retail and professional users, along with GBP deposits via bank cards and the UK Faster Payments Service (FPS).
💰 Circle Cofounder Raises $30 Million for Series A ‘AI-Native Bank’ Catena Labs: Fortune
🇺🇸🏦 Former CFTC Chair Timothy Massad stated that a US CBDC is still being explored behind closed doors, despite Trump's public opposition. #regulation
📊 TradingView data shows Bitfinex bitcoin margin longs rose to 80,636 BTC, the highest since December 2023. This increase of about 1.5% in recent days and roughly 10% year-to-date comes despite bitcoin's decline of 13% this year, dropping from above $80k to around $76k. Bitcoin is now testing the True Market Mean and short-term holder realized price near $78k, with the 200-day moving average above $81k.
💰 A16z led a $30 million funding round for the company Catena. Catena also received approval to apply to the OCC for a National Trust Bank license. #regulation
🕵️ South Carolina Governor signs a bill into law that permits businesses to use Bitcoin and crypto for transactions. The law also prohibits the government from transacting in a CBDC. #regulation
🕵️ 600,000,000 $USDT (599,778,000 USD) transferred from #HTX to Tether Treasury
🇪🇺🏦 to the Financial Times, Amsterdam-based euro stablecoin project Qivalis has secured backing from 37 European banks, including BNP Paribas, ING, UniCredit, ABN AMRO, Intesa Sanpaolo, and Rabobank. The project aims to promote euro stablecoin adoption and counter the dominance of U.S. dollar stablecoins in the crypto market, where the vast majority of the roughly $320 billion in circulating stablecoins are dollar-denominated. #stablecoin
🕵️ 600,000,000 $USDT (599,814,000 USD) transferred from Tether Treasury to #HTX
💰 Perp DEX Variational raised $50 million in a Series A round led by Dragonfly.
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🕵️ According to on-chain analyst Specter, a Kraken and Coinbase user lost $6.7 million, likely due to a physical attack. The victim’s Kraken account saw withdrawals of 1,554 ETH, worth about $3.3 million, and 10.5 BTC, while 34.1 cbBTC, worth about $2.6 million, was withdrawn from Coinbase. Specter noted that the attackers have laundered the stolen funds, with $5.3 million deposited into Tornado Cash. #hack