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Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”

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Trump envoy floats Ukraine talks and summit with Putin and Xi

Steve Witkoff discusses resumption of peace dialogue with Russian president, followed by US-China-Russia meeting next month

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France’s borrowing costs hit 5% for first time since 2002

Concerns over public finances and political stability have helped push up 10-year bond yields from 3.2% in late February

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Beyond HODLing: How Bitcoin-Backed Loans Can Unlock New Financial Opportunities

Bitcoin Magazine Beyond HODLing: How Bitcoin-Backed Loans Can Unlock New Financial Opportunities For long-term Bitcoin holders, accessing capital has traditionally presented a difficult choice: sell a portion of their holdings or leave that value untouched. Bitcoin-backed lending offers another option, allowing holders to borrow against their Bitcoin while maintaining exposure to the asset. In…

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Macron hits out at ‘stupid’ Trump remarks about riots in France

French president expresses anger after US and other rightwing leaders blame migrants for violence and looting

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Stablecoin transfers quadruple to $891B as US banks expand adoption: Report

Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.

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BlackRock Files for Bitcoin ETF With Downside Buffer and Capped Upside

Bitcoin Magazine BlackRock Files for Bitcoin ETF With Downside Buffer and Capped Upside BlackRock has filed for a new bitcoin exchange-traded fund which, if approved, would cap investors’ upside while limiting their losses.  The iShares Bitcoin Managed Protection ETF, or PBIT, would aim “to create and manage bitcoin exposure,” according to a Monday filing…

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Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

About 25% of the US-listed companies in OKXICE’s initial tokenized stock platform proposal are asking to opt-out of the venture.

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Injective, BDACS plan Korean won stablecoin settlement for tokenized assets

Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.

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Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million

Bitcoin Magazine Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million The largest corporate holder of bitcoin, Strategy, bought another 267 BTC last week, bringing its holdings to 848,517 digital coins — worth $69.5 billion at today’s prices.  According to a Monday filing, the software company said it spent slightly…

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