Author: 行政
Furious crypto lobbyists aim $193 million war chest at Washington chokepoints not voters in 2026 midterms
Fairshake and its affiliate super PACs announced they have more than $193 million in cash on hand heading into the 2026 midterms.The amount includes $74 million raised since July from three contributors: $25 million from Coinbase, $25 million from Ripple, and $24 million from a16z. The network, consisting of Fairshake plus Protect Progress (Democratic-oriented) and Defend American Jobs (Republican-oriented), operates as a bipartisan machine designed to outlast partisan cycles.The Washington Post previously documented the network spending more than $134 million across 67 candidates in 2023-2024, focusing heavily on members of key oversight committees, such as the Financial Services and Agriculture…
Banks to lose up to $500B by 2028 as Fidelity’s digital dollar launches on Ethereum with freeze powers
Fidelity announced the launch of a stablecoin on the Ethereum mainnet, positioning the token as a compliance-wrapped settlement dollar distributed through the firm’s brokerage, custody, and wealth management channels.The move lands amid what looks like a stablecoin sprawl, as estimates suggest 59 new major stablecoins launched in 2025 alone, per third-party tracker Stablewatch.This looks like overcrowding, but it’s segmentation. Stablecoins that all say “$1” aren’t interchangeable once distribution, compliance perimeter, redemption rails, permitted users, chain portability, and treasury strategy are priced in.Fidelity’s FIDD digital dollarFidelity’s token, the Fidelity Digital Dollar (FIDD), is issued by Fidelity Digital Assets, National Association, a…
Russia will vote on a crypto rulebook in June, aiming to legalise Bitcoin for retail and institutional investors by July 2027. Exchanges will face strict licensing, with unregistered platforms facing criminal penalties and fines similar to illegal banking. Retail trading will be capped, featuring a proposed $4,000 annual limit and a “whitelist” of approved coins like Bitcoin and Ethereum. Russia plans to introduce a full crypto rulebook this summer, with the goal of making legal Bitcoin (BTC) access possible for both retail and institutional investors by mid-2027, according to Anatoly Aksakov, who leads the State Duma’s financial markets committee. Aksakov…
Ripple has pushed deeper into corporate finance with a new treasury platform that aims to let finance teams manage cash and digital assets in one system.The product, called Ripple Treasury, is built on treasury management software Ripple acquired in October 2025 when it bought GTreasury in a $1 billion deal.The new move represents a strategic bet that could boost the day-to-day relevance of its RLUSD stablecoin while reopening a long-standing question for institutional users: whether XRP still needs to sit in the middle of payment flows. Related ReadingRipple’s $1 billion purchase creates RLUSD pathway into Fortune 500 treasuriesThe treasury management…
Coinbase launched prediction markets in all 50 states on January 28, 2026, through a partnership with Kalshi, covering sports, politics, and cultural events. The move advances Coinbase’s “everything exchange” strategy, following its December acquisition of The Clearing Company to integrate event-based trading with stocks and crypto. State-level legal battles persist as a Massachusetts judge recently blocked Kalshi from offering sports contracts, ruling they require a local gaming license despite federal CFTC oversight. Coinbase has officially entered the prediction market with event-based trading across all 50 US states through a partnership with Kalshi. The move allows users to trade on outcomes…
Robinhood CEO claims tokenisation prevents trading halts by allowing instant blockchain settlement, avoiding the collateral crises that caused the 2021 GameStop freeze. Current T+1 settlement remains too slow for 24/7 markets; tokenised shares enable real-time clearing, 24/7 trading, and native fractionalisation. The firm is pushing for US regulatory reform via the CLARITY Act to expand its existing European tokenised stock offerings into the domestic market. Trading giant Robinhood believes tokenised stocks are a way to avoid trading disasters (like Robinhood experienced in 2021 with GameStop). The argument is that putting equities on the blockchain could remove much of the plumbing…
Ripple has launched Ripple Treasury, combining GTreasury’s cash management software with blockchain and stablecoin settlement infrastructure. The platform aims to reduce payment delays, improve liquidity visibility, and simplify treasury operations through a single system. The launch is part of a broader move towards hybrid treasury models blending traditional finance with digital assets. Ripple has launched a new enterprise treasury platform designed to unify traditional cash management with blockchain-based payment and settlement infrastructure. The product combines Ripple’s distributed ledger capabilities with GTreasury’s long-established corporate treasury software following Ripple’s acquisition of the firm. The platform, called Ripple Treasury, is positioned as a…
Australian Court Slams Qoin Wallet Operator With $14M Penalty for Unlicensed and Misleading Crypto Conduct
The Federal Court fined BPS Financial $14 million for unlicensed financial services activity and misleading statements linked to Qoin Wallet. The misconduct occurred between 2020 and 2023 and was compounded by compliance failures and senior management involvement. ASIC said the ruling sends a strong deterrent message to crypto providers operating in Australia. The Federal Court has imposed $14 million in penalties on BPS Financial after finding the company unlawfully operated and promoted its Qoin Wallet crypto product, following enforcement action by the Australian Securities and Investments Commission (ASIC). The ruling concluded that the business engaged in extended periods of unlicensed…
Research conducted by Australian web3 research firm Protocol Theory and crypto news outlet CoinDesk has found 25% of internet-connected adults in APAC own cryptocurrency. Protocol Theory founder and CEO, Jonathan Inglis, told the Tapping into Crypto podcast that the remaining 75% of potential crypto owners are reluctant to invest due to fears around volatility and scams, not by a lack of technical knowledge. Inglis says with better communication, improved integration with TradFi and simplified UI, crypto will continue to grow and will likely attract significant Boomer and Gen X investment over the next decade. As many as 25% of internet-connected…
HYPE jumped 58% to $33, hitting an eight-week high after over $32 million in short positions were liquidated amid surging platform activity. Commodities are driving record volume, with silver and gold perpetuals pushing HIP-3 open interest to a new $935 million peak. HIP-3 is decentralising market creation, allowing independent teams to launch competing exchanges. Hyperliquid’s HYPE token jumped 23% in 24 hours to about US$33 (AU$50.49), extending a three-day gain of 58% and briefly tagging an eight-week high near US$34.50 (AU$52.79). Over the past 72 hours, liquidations in leveraged HYPE trades topped US$34 million (AU$52 million), with about US$32.2 million…