DeepNewz

Research & Opinion
Fed Study Revives Debate on Revaluing Fort Knox Gold for Debt or Bitcoin
The Federal Reserve has published a research note, titled “Official Reserve Revaluations: The International Experience,” detailing how five countries have unlocked fiscal resources by revaluing their gold and foreign-exchange reserves without selling the assets

Regulation & Politics
China to Approve First RMB Stablecoin in Hong Kong Amid Outflow Concerns
China’s central bank is preparing to approve the country’s first renminbi-backed stablecoins, with the initial launches expected to take place in Hong Kong, the Financial Times reported on 6 August

Blockchains
Parataxis Merges With SilverBox SPAC in $640 Million Bitcoin Treasury Push
Asset manager Parataxis Holdings said it will merge with blank-check company SilverBox Corp IV in a move intended to create a publicly listed vehicle dedicated to holding Bitcoin

Markets
Standard Chartered Favours Ethereum Treasury Stocks Over U.S. Spot ETFs
Standard Chartered said corporate companies that hold Ethereum on their balance sheets now offer a more attractive entry point to the world’s second-largest cryptocurrency

Regulation & Politics
Dubai Grants First Licence for Retail Bitcoin Options
The Dubai government has issued its first licence allowing the sale of cryptocurrency options, authorising retail investors to trade derivatives tied to Bitcoin

Regulation & Politics
Tornado Cash’s Roman Storm Guilty of Unlicensed Money Transfer as Jury Splits
A Manhattan federal jury on 6 Aug

Regulation & Politics
Judge Presses Deadlocked Jury in Tornado Cash Founder Roman Storm Trial
A federal jury deliberating the criminal case against Roman Storm, the co-founder of cryptocurrency mixing service Tornado Cash, told U.S. District Judge Katherine Polk Failla on Wednesday that it is deadlocked on some of the charges.

TradFi & Fintech
SBI Holdings Files for Japan’s First Bitcoin and XRP ETFs
Tokyo-based financial services group SBI Holdings has submitted regulatory filings to launch what could become Japan’s first exchange-traded funds investing directly in cryptocurrencies

DeFi
Ethena’s USDe Vaults to No. 3 Stablecoin With $9.3 Billion Supply
Ethena Labs’ dollar-pegged token USDe has vaulted to the number-three spot in the stablecoin rankings after its circulating supply swelled roughly 75% in the past three weeks

TradFi & Fintech
Michigan Pension Fund Boosts Bitcoin ETF Bet as BlackRock Pivots to Ether
The State of Michigan Retirement System almost tripled its exposure to Bitcoin in the second quarter, regulatory filings show





