Trump’s Bitcoin reserve plan stalls amid Treasury-Commerce turf war: Report
Bureaucratic delays in managing the Bitcoin reserve highlight challenges in government adaptation to digital asset management and policy execution
Market Pulse
European Central Bank reports incident affecting T2 payment processing, delaying trillions in euro settlements
The incident highlights vulnerabilities in financial infrastructure upgrades, potentially impacting liquidity and transaction efficiency in euro markets
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Judge revives fraud claim against Barry Silbert, DCG in Genesis Yield lawsuit
The class action centers on Genesis Yield, a lending program that let customers deposit crypto in exchange for interest payments
Non-UK business removed from Consumer Duty scope to reduce burdens on wholesale businesses
The FCA’s 4-point plan (PDF) on addressing concerns about the Consumer Duty and wholesale markets
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