crypto industry

The European Central Bank has rejected proposals to relax reserve requirements for euro-denominated stablecoins, according to news reports. The decision means issuers of euro stablecoins must continue holding conservative, high-quality reserves, despite pressure from parts of the crypto industry for lighter rules. The move underscores the ECB's cautious stance on digital assets and its concern that loosely backed stablecoins could pose risks to financial stability in the eurozone.

Coinbase has introduced USDC lending for customers in the United Kingdom, with loans backed by Bitcoin and Ether collateral. The service lets UK users borrow against their crypto holdings without selling, expanding the exchange's presence in the British market. Crypto observers are tracking the rollout as a sign of Coinbase deepening its lending products outside the US.

The Federal Reserve is seeking public comment on proposed rules implementing the GENIUS Act, the US framework for payment stablecoins. The request opens a consultation process that will shape how banks and issuers regulate stablecoin activities, drawing attention from the crypto industry and traditional banking sector alike.

The crypto industry is increasingly working directly with US regulators rather than waiting for Congress to pass comprehensive crypto legislation. The shift reflects frustration with stalled market-structure bills and a pragmatic turn toward engaging agencies such as the SEC on rulemaking and compliance. Commentators see it as a sign that policy is now being shaped in regulatory channels rather than on Capitol Hill.

The Federal Reserve has put forward proposed rules governing stablecoins under the GENIUS Act, the US legislation establishing a federal framework for dollar-pegged digital tokens. The proposal would set out how banks and issuers must comply with the new law, covering reserves, oversight and market access. Industry participants and policymakers are weighing how the rules will shape the US stablecoin market.

Michael Saylor, executive chairman of Strategy, says he wants Bitcoin integrated into the traditional banking system and foresees the digital asset industry growing to $100 trillion. The prediction, reported by BeInCrypto, frames Bitcoin as a core banking asset rather than an alternative to banks. Crypto commentators are debating the feasibility of the figure and what bank adoption would mean for the asset's role in mainstream finance.

Brazil has introduced new rules targeting self-custody cryptocurrency: transfers of $10,000 or more would need to be reported, and such transfers could face a 24-hour delay. The measures are aimed at tightening oversight of crypto held outside exchanges, and are drawing attention from investors and industry watchers concerned about privacy and the practical impact on moving funds.

A Fast Company report argues that Donald Trump's personal gains from cryptocurrency ventures have made it harder for the crypto industry to secure the looser regulation it wants, particularly around the Clarity Act. The piece suggests the industry's close association with the president has become a political liability rather than an asset.

A large document dump dubbed CasinoSecretsleak has revealed tens of thousands of previously confidential files held by the gambling regulator on the Caribbean island of Curaçao. The files detail the inner workings of some of the world's largest online casinos, including crypto-based operators, shedding light on how licences are granted and the industry's oversight in the offshore jurisdiction.

An analysis argues that Donald Trump's financial gains from the cryptocurrency sector have backfired on the industry, making it harder to secure lighter regulation. The piece suggests that Trump's close, visible ties to crypto businesses have turned the sector into a political liability, complicating efforts in Washington to pass the industry-friendly rules crypto companies have long sought.

Tether has put forward a proposal for Twenty One Capital to merge with Strike and Elektron. The move, reported by CoinMarketCap, would combine the entities into a single structure, though details on terms and timelines have not yet been disclosed. The proposal is drawing attention across the crypto industry, with market watchers awaiting further confirmation from the parties involved.