Swiss campaigners are abandoning their effort to mandate the Swiss National Bank to hold bitcoin reserves after collecting only half of the required signatures. The initiative aimed to amend the constitution to include BTC alongside gold and foreign currencies, but faced opposition due to concerns over volatility and liquidity.
Coinbase surged 10% as altcoins like Solana, LINK, and SUI led gains, while Bitcoin maintained its $80,000 support amid positive regulatory signals from the SEC.
White House crypto adviser Patrick Witt revealed a July 4 target for the Clarity Act's passage during a Wednesday address at Decryptnews's Consensus Miami conference, outlining a tight legislative schedule and recent compromises on stablecoin yields and conflict-of-interest rules.
A new Decryptnews poll reveals that 62% of U.S. voters distrust the Trump administration's oversight of the crypto sector, with many expressing concern over the president's personal financial ties to the industry. Despite promises to make the U.S. a crypto leader, the survey highlights lingering public skepticism and the political challenges surrounding upcoming legislation.
NEAR Protocol leads gains in the Decryptnews 20, up 6.3%, while ICP also surges 5.8%. The index rises 0.1% to 2142.44, with 17 of 20 assets trading higher.
OpenTrade has secured $17 million in funding led by Mercury Fund and Notion Capital to expand its infrastructure connecting stablecoins to real-world assets. The London-based firm aims to grow its team and support fintechs seeking secure yield products as the stablecoin market surpasses $310 billion.
Bridge executive Ben O'Neill argues that the market dominance of Tether and Circle stifles innovation and increases costs for stablecoin users, advocating for more specialized tokens and clearinghouses to improve the ecosystem.
Strategy considers liquidating part of its bitcoin reserves to cover $1.5 billion in dividend commitments after reporting a $12.54 billion Q1 loss, prompting a drop in both its stock and bitcoin prices.
Swiss campaigners are abandoning their effort to mandate the Swiss National Bank to hold bitcoin reserves after collecting only half of the required signatures. The initiative aimed to amend the constitution to include BTC alongside gold and foreign currencies, but faced opposition due to concerns over volatility and liquidity.
Senator Kirsten Gillibrand insists that any crypto market structure bill must include strict ethics rules prohibiting senior officials from holding digital asset investments, a key hurdle in current negotiations.
AWS, in collaboration with Coinbase and Stripe, has introduced Amazon Bedrock AgentCore Payments, enabling autonomous AI agents to conduct real-time stablecoin transactions for digital services and content.
Aave has asked a federal court in New York to lift a restraining notice that blocks access to about $71 million in ether frozen after last month’s rsETH exploit on Arbitrum.
Strategy temporarily halts its weekly bitcoin purchases ahead of Tuesday's first-quarter earnings report, as analysts weigh the company's shifting identity from a software firm to a bitcoin financing vehicle and its reliance on preferred-stock funding mechanisms.
As traditional finance firms increasingly integrate into the digital asset space, crypto ETFs are becoming the primary vehicle for institutional adoption, reshaping access and global market structure.
Swiss campaigners are abandoning their effort to mandate the Swiss National Bank to hold bitcoin reserves after collecting only half of the required signatures. The initiative aimed to amend the constitution to include BTC alongside gold and foreign currencies, but faced opposition due to concerns over volatility and liquidity.
Financial leaders warn that traditional markets are struggling to keep pace with machine-speed trading, urging a shift to automated, tokenized infrastructure while highlighting the need for unified governance standards.
Strategy considers liquidating part of its bitcoin reserves to cover $1.5 billion in dividend commitments after reporting a $12.54 billion Q1 loss, prompting a drop in both its stock and bitcoin prices.
Decryptnews previews the key policy sessions and highlights of Consensus 2026 in Miami, featuring discussions on crypto regulation, tax reform, and the Clarity Act with top industry and government figures.
Yat Siu of Animoca Brands envisions a future where autonomous AI agents, not immersive virtual worlds, drive the next evolution of the internet, leveraging blockchain as their foundational infrastructure.