🇺🇸 UPDATE: A Ludwig Institute analysis reveals that nearly 25% of U.S. workers were either unemployed, underemployed in part-time roles, or earning wages below the poverty line—despite an official unemployment rate of 4.1% in July.

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🇯🇵 JUST IN: Japan is reportedly looking into blockchain technology to enable instant settlement for stock and government bond trades, with a formal strategy expected by 2027, according to Nikkei.

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🔥 LATEST: BlackRock has completed $5 billion in tax-deferred Bitcoin-to-ETF swaps—transactions now accessible for as little as $1 million. Bloomberg reports that Robbie Mitchnick highlights the growing availability of these deals.

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🔥 BIG: RLUSD has surpassed $2B in market cap, with almost $1B issued directly on the XRP Ledger.

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🇪🇺 JUST IN: Revolut launches EURR, a euro-backed stablecoin.

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🔥 BULLISH: Bernstein forecasts Bitcoin could reach $300,000 by 2029.

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🇺🇸 JUST IN: The U.S. economy expanded at an annualized rate of 1.5% in Q2—matching the initial estimate.

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Cointelegraph LONGITUDE is returning to its roots.

The 10th edition of LONGITUDE comes back to Singapore, reuniting top-tier institutional voices and Web3 pioneers under one roof:

• Geoff Kendrick, Global Head of Digital Assets Research, Standard Chartered
• Nischint Sanghavi, Head of Digital Currencies APAC, Visa
• Cynthia Bessette, SVP, Fidelity Investments
• Chetan Karkhanis, SVP, Franklin Templeton
• Arthur Hayes, CIO, Maelstrom
• Nikil Viswanathan, Co-Founder & CEO, Alchemy
• Avery Ching, Co-Founder & CEO, Aptos Labs
• Keone Hon, Co-Founder, Monad Foundation
• Kain Warwick, Founder, Synthetix
• Arnaud Simerey, VP of Institutions, Dune
• Bobby Ong, Co-Founder and CEO, CoinGecko
• Duncan Moir, President, 21Shares
• Evgeny Gokhberg, Founder and CIO, Re7 Capital

And we’re not done yet — more speakers are on the way.

Oct. 8 | Amara Singapore

👉🏼 Request to join: https://luma.com/2g8kwtyd

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🇺🇸 BREAKING: The SEC is gearing up to revamp crypto custody regulations for investment firms, seeking to clarify how advisors can securely hold digital assets on behalf of clients.

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🔥 JUST IN: JPMorgan has been exploring the possibility of launching its own stablecoin, according to the Wall Street Journal.

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🚨 BREAKING: JPMorgan has been weighing the possibility of launching its own stablecoin, according to the Wall Street Journal.

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🚨 BREAKING: Nvidia reports $96.2 billion in Q2 revenue — surpassing estimates of $92.38 billion.

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🚨 ALERT: The CFTC has issued a warning that crypto ATM transactions are typically instant and irreversible—urging users to thoroughly research these services before using them.

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