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Digital Assets

All articles tagged with #digital assets

Strategy Rebounds on New Bitcoin Capital Framework
business10 days ago

Strategy Rebounds on New Bitcoin Capital Framework

Strategy (MSTR) snapped a nine-day losing streak after unveiling a Digital Credit Capital Framework that could allow selling up to $1.25 billion of Bitcoin to fund its cash reserves (expanded to $2.55 billion), payouts on Stretch (STRC), and debt management; analysts praised the framework as a robust, direct answer to investor concerns, sending the stock up about 12.6% to $92.68, while the company holds 847,363 Bitcoin with roughly $13.1 billion in unrealized losses.

via Decrypt|
#bitcoin#business#capital-management
Senate Moves CLARITY Act Toward Floor Vote on Crypto Regulation
regulation1 month ago

Senate Moves CLARITY Act Toward Floor Vote on Crypto Regulation

The Digital Asset Market Clarity Act (CLARITY Act) was added to the Senate calendar, signaling a near-floor vote after committee passage. The bill would define a regulatory framework for digital assets and clarify duties for the SEC and CFTC, with backing from Senate Banking Chair Tim Scott and urging swift action from Sen. Cynthia Lummis as Congress weighs crypto-market reforms ahead of the August recess.

via CoinGape|
#clarity-act#crypto-regulation#digital-assets
Illinois approves historic FY2027 budget with social-media and crypto taxes
politics1 month ago

Illinois approves historic FY2027 budget with social-media and crypto taxes

Illinois lawmakers approved a FY2027 budget totaling about $56 billion—the largest in state history—funding K-12 education and local governments while raising revenue with taxes on social-media platforms by Illinois users, digital assets, fantasy sports, tobacco and sports betting on prediction markets, and a digital advertising tax that may face court challenges; the package delays a gas tax increase, adds a school-supplies sales tax holiday, and creates a one-time $400 SNAP payment under FRESH. Republicans criticized the rushed passage, while Democrats defend amid federal cuts. The plan relies on fund sweeps and includes a roughly 3% pay raise for lawmakers, with full funding of pensions and targeted property-tax relief, though some education funding increases are below inflation.

via Capitol News Illinois|
#budget-2027#digital-assets#fantasy-sports
Datavault AI Pursues $2B Asset-Backed Financing With Exclusive Global Tokenization Pact
business1 month ago

Datavault AI Pursues $2B Asset-Backed Financing With Exclusive Global Tokenization Pact

Datavault AI signed a non-binding term sheet for up to $2.0 billion in four $500 million asset-backed financing tranches, secured by a $2.0 billion fixed-income portfolio and paired with an exclusive global tokenization mandate for its platform. The deal would price new shares at $1.55-$2.00 per common share and include staged board seats for the counterparty, with closing contingent on definitive agreements, due diligence, shareholder and regulatory approvals. If completed, proceeds would fund scaling of the SanQtum GPU edge network and the IDE/IEE/NYIAX platforms. The arrangement is non-binding and may not close.

via Datavault AI|
#asset-backed#business#digital-assets
Trump Unveils Regulatory Reset to Accelerate Fintech Innovation
politics1 month ago

Trump Unveils Regulatory Reset to Accelerate Fintech Innovation

President Donald J. Trump signed an Executive Order to streamline regulations and promote financial-technology innovation, directing regulators to review and update rules to enable fintech growth while preserving safety and soundness. The order also tasks the Federal Reserve with evaluating and reporting on expanded access to Fed payment accounts and services for uninsured depositories and non-bank fintechs, signaling a push to modernize digital-asset integration and reduce outdated provisions, positioning the United States as a global leader in fintech and digital asset activity.

via The White House (.gov)|
#digital-assets#federal-reserve#fintech
Treasury Opens Free Cyber Threat Intel Sharing for Digital Asset Firms
technology3 months ago

Treasury Opens Free Cyber Threat Intel Sharing for Digital Asset Firms

The U.S. Department of the Treasury’s OCCIP announced a new no-cost program to provide eligible U.S. digital asset firms and industry groups with timely, actionable cybersecurity threat information to help identify, prevent, and respond to cyber risks, aligning with the President’s Working Group recommendations and GENIUS Act principles. Eligible entities can access the same high-quality intel used by traditional financial institutions, with details available by contacting [email protected].

via U.S. Department of the Treasury (.gov)|
#cybersecurity#digital-assets#information-sharing
Bowman urges tailored oversight to empower community banks and modernize capital rules
finance4 months ago

Bowman urges tailored oversight to empower community banks and modernize capital rules

In a Senate testimony, Federal Reserve Vice Chair for Supervision Michelle Bowman says the U.S. banking system remains sound with strong capital and liquidity, but growing nonbank competition is changing the landscape. She outlines steps to encourage responsible innovation, tailor regulation for community banks, advance EGRPRA to cut burdens, and modernize the large-bank framework (Basel III, SLR, stress testing, G-SIB surcharge). She also discusses CAMELS revisions, ending reputational-risk in supervision, increasing transparency by publishing internal manuals, and sharpening supervisory tools and accountability.

via Federal Reserve Board (.gov)|
#basel-iii-slr-stress-testing#community-banks#digital-assets
BitGo Opens 2026 with a Hot IPO Amid Crypto Market Slump
industries5 months ago

BitGo Opens 2026 with a Hot IPO Amid Crypto Market Slump

BitGo Holdings opened its NYSE debut about 25% higher after pricing 11.8 million shares at $18, valuing the company around $2.08 billion; the IPO raised roughly $198.5 million with Goldman Sachs and Citigroup leading the deal. BitGo, which provides wallets, validation, trading and custody for digital assets, arrived as the crypto market showed weakness (bitcoin trading below $90,000), signaling robust investor appetite for crypto infrastructure despite broader uncertainty. BitGo also stated it has regulatory approval to convert BitGo Trust Co. to a federally chartered bank for digital assets, underscoring regulatory clarity as Kraken and others eye IPOs.

via MarketWatch|
#bitgo#btgo#correction-please-ignore-the-extra-tag