Blockchain Federation

ESMA’s latest MiCA update brings the number of authorized CASPs to 321 and adds three entities to its non-compliant register.

S&P gives BlackRock tokenized reserve fund top stability rating https://cointelegraph.com/news/sp-blackrock-tokenized-reserve-fund-stability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowest-rated stablecoins under its existing assessment framework.

Bitcoin ETFs log inflows as cold wallet hack reignites custody debate https://cointelegraph.com/markets/bitcoin-etfs-inflows-cold-wallet-hack-custody-debate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns.

Circle Q2 revenue falls short of Wall Street estimates https://cointelegraph.com/news/circle-q2-revenue-misses-wall-street-estimates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.

Mastercard, Borderless test shared identity checks for stablecoin transfers https://cointelegraph.com/news/mastercard-borderless-test-identity-checks-stablecoin-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework.

Binance sues RedotPay over alleged $473 million user losses: Report https://cointelegraph.com/news/binance-redotpay-lawsuit-alleged-473-million-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies.

Crypto-backed Michigan House incumbent loses primary despite $2M PAC support https://cointelegraph.com/news/michigan-house-rep-loses-primary-support-crypto-pac?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar.

Marex invests in Digital Prime to expand institutional crypto lending https://cointelegraph.com/news/marex-digital-prime-tokenet-institutional-crypto-lending?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound