Arizona
6h Crypto Recap Bitcoin, Ethereum, Coinbase, Stablecoins, Cardano — Risk meets regulation
#ARK_Invest sold $22 million worth of #Coinbase shares as it continued active ETF-related portfolio rebalancing. The move drew attention because it happened alongside broader ETF flows tied to crypto-linked equities.
#CFTC signaled a tighter framework around #Stablecoins by outlining criteria that could shape how certain issuers and structures are treated. The update also pointed to a growing focus on bank-like models for crypto-adjacent products.
#China moved to restrict #Stablecoins as part of a push for stronger monetary control. The stance reinforced the gap between offshore crypto markets and domestic policy priorities.
The #Kyrgyz_Republic has approved a pilot project for its Central Bank Digital Currency (CBDC).
The #Kyrgyz_Republic has approved a pilot project for its Central Bank Digital Currency (CBDC). This marks a significant step towards integrating digital currencies into their financial system. The state of #Arizona is moving closer to establishing a crypto treasury, although the governor has threatened to veto due to budget disputes. This development highlights ongoing political challenges in adopting cryptocurrency at the state level.
#Bybit has launched an initiative offering up to 555% APR boost and an airdrop for new deposit users. This move aims to attract more participants by providing lucrative incentives.