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Bitcoin Posts Biggest Week Since 2024 as Trump Pushes Senate on CLARITY Act
Bitcoin rose to its highest level in three months on Friday, capping a three-day rally that lifted every major token and broke a seven-week range, after President Donald Trump pressed the Senate to pass the CLARITY Act at a White House meeting with crypto ...
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TradFi & Fintech
HSBC and Standard Chartered Complete First Live Transaction on Swift Blockchain Ledger
Swift’s ledger matched and netted obligations recorded on the banks’ separate platforms, but final settlement still ran through existing systems.
Markets
Bitcoin Posts Biggest Week Since 2024 as Trump Pushes Senate on CLARITY Act
Bitcoin gained 22.6% over seven days, its largest advance over any seven-day window since November 2024, after the president told crypto executives at the White House that Congress needs to pass market structure legislation.
Regulation
Trump Says CFTC Working to Onshore Hyperliquid
The president said CFTC Chair Michael Selig is working to bring the geoblocked perpetual futures venue into the US "in a fully compliant and legal fashion," sending HYPE and Hyperliquid Strategies shares up and CME and Cboe down.
CeFi & Stablecoins
Tether Clears First Full Audit From KPMG Without Publishing the Statements
The Big Four firm issued an unqualified opinion on 2025 accounts for Tether's El Salvador issuing entity. The work was done to AICPA standards rather than the PCAOB standards the GENIUS Act sets for licensed U.S. issuers, and Tether has released neither the statements nor the opinion letter.