Japan could launch its first Bitcoin exchange-traded fund as early as 2028 as regulators prepare rules that would allow investment trusts and ETFs to hold crypto assets directly. Summary Japan could approve its first Bitcoin ETF by 2028 as financial rules continue evolving nationwide. Major Japanese asset managers are preparing crypto funds while regulators work
The UK Treasury has set Q1 2027 for its first tokenized sovereign bond transaction, but the project has remained dependent on finding a workable method to settle its cash leg on-chain. Summary The UK plans to issue its first tokenized sovereign bond by Q1 2027. Missing on-chain cash infrastructure remains the main barrier to institutional
S&P Dow Jones Indices and Pantera Capital have launched an 18-asset crypto index that excludes Bitcoin and ranks eligible blockchain networks by the protocol revenue generated during the previous two quarters. Summary S&P and Pantera launched an 18-asset crypto index based on protocol revenue. Bitcoin and XRP failed to qualify under the benchmark’s revenue-focused selection
Bitcoin has fallen more than 50% from its $125,000 cycle peak, but Grayscale’s Zach Pandl has argued that the cryptocurrency may have already reached its bottom if the Federal Reserve stops raising interest rates. Summary Zach Pandl says Bitcoin may have bottomed if the Fed ends rate hikes and economic growth remains stable. Grayscale sees
Senate Republicans have added crypto restrictions for top elected officials to the CLARITY Act, but Democratic resistance has pushed its 2026 passage odds down 15 percentage points from their July 21 peak. Summary Senate Republicans added crypto ethics rules, but Democrats still oppose the CLARITY Act’s enforcement plan. Polymarket passage odds fell 15 points as
Bitcoin price has fallen more than 1% below $66,000 as renewed U.S.-Iran threats have lifted oil prices and increased expectations for another Federal Reserve rate hike this year. Summary Bitcoin price slipped below $66,000 as Trump’s latest Iran threat pressured risk assets. Rising oil prices pushed traders to increase bets on another Fed rate hike.
Coinbase has opened SUI staking with a one-token minimum and estimated annual rewards of 1.4% to 3.3% as Sui tests resistance near $0.78. Summary Coinbase has introduced SUI staking with estimated annual rewards of 1.4% to 3.3%. SUI is testing $0.78 resistance, with a confirmed breakout targeting roughly $0.91. Sui’s Hashi testnet lets over 25
Two developers went to prison-facing trials over four words in a 1970s-era framework: what counts as transmitting money. The answer decides whether writing DeFi code is a regulated financial business or protected publishing, and Section 604 of the CLARITY Act is Congress’s attempt to settle it. Summary A money transmitter is a business that accepts
Ethereum price has climbed from $1,800 to an intraday high near $1,945 after a technology-led Wall Street rebound revived risk appetite, although resistance below $2,000 has kept traders cautious. Summary Ethereum price holds above $1,900 after a Nasdaq-led rebound lifted risk appetite. Renewed ETF inflows and short liquidations could support a break above $2,000. A
The lobby representing JPMorgan, Goldman Sachs, and Citigroup has retained counsel to challenge the regulator that approved crypto’s bank charters. No suit has been filed. The threat is doing the work, and the fight underneath it decides who gets to be a bank in America. Summary The Bank Policy Institute, whose board includes the CEOs
