Tag: Shifts

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FATF shifts stablecoin oversight to secondary markets, expands monitoring beyond on- and off-ramps: Financial Action Task Force

The FATF's latest report pivots regulatory focus from deposit/withdrawal monitoring to tracking peer-to-peer transactions across personal wallets, with issuers now expected to freeze illicit...

Circle shifts $68 million in internal payments via its own stablecoin to bypass legacy banks

Circle has begun using its own stablecoin infrastructure to move money between internal entities, settling $68 million in transfers using USDC, CEO Jeremy Allaire...

Another Bitcoin Miner Shifts To AI: Core Offloads 1,900 BTC

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Core Scientific is the latest in the line of Bitcoin miners accelerating...

Magic Eden Shifts Focus From NFTs to Casino Platform

Magic Edin is shifting resources from NFTs to its casino platform Dicey, after a closed beta saw $15 million wagered by around 200 users...

Block’s retreat to 2019 scale could be a hint of deeper shifts in payments economics

Fintech company Block is shrinking back toward its pre-pandemic size, cutting staff to about 6,000 from a Covid-era peak of over 10,000, compared with...

Coinbase, Kraken and Binance Push Deeper Into Tokenization as Capital Shifts

In brief Coinbase linked Yahoo Finance tickers directly to its exchange, enabling trading of crypto assets or tokenized stocks. Kraken launched tokenized equity perpetual futures for...

Crypto Enters Extreme Fear Zone as Global Trade Tensions and Policy Shifts Weigh on Prices

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The market tumbled sharply on Monday, with BTC briefly slipping below $65,000,...

Risk-Off Capital Shifts Toward Tokenized Assets as DeFi Pulls Back

In brief Tokenized real-world assets grew 8.7% to $24.8 billion over the past month, even as the broader crypto market weakened. DeFi’s total value locked fell...

Jill Gunter: Crypto’s Evolving Landscape, Privacy Concerns, and Regulatory Shifts

The crypto industry is gaining recognition and achieving...

McGlone shifts bitcoin forecast to $28,000 after critics blast $10,000 call as ‘nonsense’

Bloomberg Intelligence’s Mike McGlone appeared to walk back his $10,000 forecast for bitcoin, instead highlighting $28,000 after being challenged on social media and accused...

ETHZilla Shifts Strategy With Tokenized Jet Engine Offering

Crypto treasury company ETHZilla has launched a token offering access to equity in jet engines that the company acquired last month as part of...