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rwatimes
Member since: 2026-05-24
rwatimes
rwatimes 16d

📰 The $6 trillion standoff: Banks vs crypto over stablecoin yield 🗓️ Jul 06 2026 12:55 UTC The biggest fight in American finance right now is over a single clause: whether digital dollars can pay their holders interest. Banks say yield-bearing stablecoins would drain trillions in deposits and break the lending machine. Crypto says the banks are… ➤ A major conflict is ongoing in US finance over whether stablecoins should be allowed to pay interest to holders, with banks warning of massive deposit outflows and the crypto industry advocating for yield pass-through. ➤ The CLARITY Act is stalled due to this disagreement, with banks lobbying for extended yield bans and crypto pushing for consumer benefits, creating a political standoff. ➤ Banks are preparing for potential yield-bearing stablecoins by investing in infrastructure, suggesting they may enter the market themselves if the regulations change, while the historical precedent of Regulation Q indicates such restrictions are often temporary. #stablecoinyield #clarityact #bankinglobby #depositflight #geniusact #treasurybills #moneymarketfunds #regulatorycapture #coinbase #jamiedimon 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-the-6-trillion-standoff-banks-vs-crypto-over-stablecoin-yield-3606356176

rwatimes
rwatimes 16d

📰 Trump Says He Turned to Crypto Partly for Political Reasons 🗓️ Jul 07 2026 05:05 UTC U.S. President Donald Trump said his pivot toward crypto was driven less by ideology than by geopolitics, arguing that if the United States did not embrace digital assets, China would. Speaking at a Monday press event at the White House to announce “Trump Accounts”—investment acc... ➤ Donald Trump stated his support for cryptocurrency is primarily driven by geopolitical competition with China, not ideology. ➤ He announced "Trump Accounts," an investment program for minors, but provided no specific details on crypto inclusion. ➤ Trump also claimed his pro-crypto stance influenced a reduction in regulatory enforcement actions against the industry. #donaldtrump #crypto #china #geopolitics #trumpaccounts #bitcoin #regulation #enforcement #nationalcompetitiveness 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-trump-says-he-turned-to-crypto-partly-for-political-reasons-2101004433

rwatimes
rwatimes 16d

📰 UNDP expands Stellar blockchain after pilots slash aid payment costs 🗓️ Jul 07 2026 04:25 UTC The United Nations Development Programme has expanded its partnership with the Stellar Development Foundation after blockchain payment pilots cut aid distribution costs from 10% to 2% and kept payments running during network outages. The United Nations Development Programme annou... ➤ The UN Development Programme (UNDP) is expanding its use of the Stellar blockchain for aid payments after successful pilots demonstrated significant cost reductions (from 10% to 2%) and improved payment resilience during network outages. ➤ This expansion aims to standardize blockchain-based payments across UNDP country offices, enhancing financial assistance delivery in regions with limited banking access. ➤ The move aligns with broader trends of stablecoin adoption for cross-border transactions and Stellar's growing role in financial infrastructure, evidenced by partnerships with MoneyGram and DTCC. #undp #stellarblockchain #aiddistribution #costreduction #paymentresilience #stablecoins #crossborderpayments #moneygram #dtcc #tokenizedassets 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-undp-expands-stellar-blockchain-after-pilots-slash-aid-payment-costs-22958472

rwatimes
rwatimes 16d

📰 BonkDAO reveals $20M treasury raid after malicious governance attack 🗓️ Jul 07 2026 04:35 UTC BonkDAO has disclosed that attackers have drained roughly $20 million worth of BONK tokens from its treasury after exploiting a malicious governance proposal. According to a statement published by BonkDAO on X, the unauthorized proposal allowed an unknown entity to… ➤ BonkDAO reported a $20 million treasury raid due to a malicious governance proposal exploit on the Solana blockchain. ➤ The DAO is cooperating with law enforcement to recover funds and identify perpetrators, while the BONK token price has seen a decline. ➤ This incident highlights ongoing security risks in DeFi and the memecoin market, with similar recent breaches affecting other platforms. #bonkdao #treasuryraid #governanceattack #bonktokens #solana #defisecurity #memecoin #lawenforcement #stolenfunds #smartcontractexploit 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-bonk-dao-reveals-20-m-treasury-raid-after-malicious-governance-attack-281589433

rwatimes
rwatimes 16d

📰 Trump-backed American Bitcoin hits 8,000 BTC as ABTC stock rebounds 🗓️ Jul 07 2026 04:35 UTC American Bitcoin added 500 BTC to lift holdings to 8,000 BTC, while a reverse split and a 60% stock drop keep pressure on ABTC shares. ➤ American Bitcoin (ABTC) has increased its Bitcoin holdings to over 8,000 BTC, driven by mining operations and strategic purchases. ➤ Despite treasury growth, ABTC shares are under pressure due to a recent stock drop and a 1-for-15 reverse stock split aimed at Nasdaq compliance. ➤ The company's strategy remains focused on Bitcoin mining and treasury accumulation, with its stock performance tied to Bitcoin prices and mining costs. #americanbitcoin #8000btc #abtcstock #reversesplit #bitcointreasury #hut8 #erictrump #donaldtrumpjr #nasdaqcompliance #miningoutput 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-trump-backed-american-bitcoin-hits-8-000-btc-as-abtc-stock-rebounds-801561034

rwatimes
rwatimes 16d

📰 Tether’s private ownership faces rare test in ex-CIO stake sale 🗓️ Jul 07 2026 05:15 UTC Former Tether CIO Richard Heathcote reportedly seeks to sell part of his stake as USDT leads stablecoins and Tether stays private this year. ➤ Former Tether CIO Richard Heathcote is reportedly looking to sell a portion of his stake in the stablecoin issuer, offering a rare glimpse into Tether's private ownership. ➤ Despite regulatory pressures in Europe (MiCA), USDT maintains its dominant position in the stablecoin market, with Tether reporting significant profits and reserves. ➤ Tether's CEO has reiterated the company's stance against going public, making this private stake sale a notable event for investors seeking exposure to the largest dollar-pegged token issuer. #tether #usdt #stablecoin #privateownership #stakesale #richardheathcote #paoloardoino #regulatory #mica #ipo 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-tethers-private-ownership-faces-rare-test-in-ex-cio-stake-sale-3878065286

rwatimes
rwatimes 16d

📰 President Trump says China and politics shaped his pro-crypto pivot 🗓️ Jul 07 2026 05:35 UTC President Trump said politics helped push him toward crypto, while citing China, Bitcoin, family ventures and U.S. crypto policy in office again. ➤ President Trump attributes his pro-crypto stance to political motivations, voter interest, and competition with China, marking a shift from his previous criticisms. ➤ The article highlights Trump's campaign's fundraising through crypto donations and his administration's perceived shift towards a more favorable crypto policy, contrasting with the Biden administration's approach. ➤ Scrutiny remains on Trump family's crypto ventures and income, with the President distancing himself from his children's activities while emphasizing U.S. leadership in the digital asset space. #donaldtrump #crypto #china #politics #bitcoin #stablecoin #usdc #sec #policy #election 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-president-trump-says-china-and-politics-shaped-his-pro-crypto-pivot-3590583277

rwatimes
rwatimes 16d

📰 BNB Chain pushes self-custody as MiCA reshapes EU crypto access 🗓️ Jul 07 2026 07:45 UTC BNB Chain released a self-custody guide as MiCA changed EU exchange access, pushing users to weigh wallets, DeFi, and platform risk in 2026. ➤ BNB Chain has released a guide promoting self-custody for EU crypto users navigating new regulations under the Markets in Crypto-Assets (MiCA) framework. ➤ The guide emphasizes user responsibility for private keys, test transfers, and network fees, while highlighting access to DeFi services like stablecoins and tokenized RWAs. ➤ This initiative follows regulatory changes impacting exchanges like Binance and the delisting of USDT, prompting users to re-evaluate their crypto storage options. #bnbchain #mica #selfcustody #eucryptoaccess #centralizedexchange #wallets #defi #stablecoins #usdc #usdt 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-bnb-chain-pushes-self-custody-as-mi-ca-reshapes-eu-crypto-access-4099376057

rwatimes
rwatimes 16d

📰 AVAX One starts CEO search as Avalanche treasury plan faces pressure 🗓️ Jul 07 2026 05:55 UTC AVAX One named Pete Wylie interim CEO after Jolie Kahn stepped down, as its Avalanche treasury strategy faces weak AVAX prices. ➤ AVAX One is searching for a new CEO following Jolie Kahn's departure, with COO Pete Wylie stepping in as interim CEO. ➤ The company's strategy, focused on accumulating AVAX and Bitcoin mining, is under pressure due to weak AVAX prices and broader market challenges for similar firms. ➤ The incoming CEO will face the task of navigating a volatile market for altcoin treasury stocks and digital asset holdings. #avaxone #avalanche #ceosearch #treasurystrategy #joliekahn #petewylie #digitalassets #bitcoinmining #avaxprice #stockperformance 🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-avax-one-starts-ceo-search-as-avalanche-treasury-plan-faces-pressure-2410663436

rwatimes
rwatimes 16d

📰 Amsterdam set to welcome thousands of Digital Assetprofessionals as Dutch Blockchain Week 2026 reveals theprogram 🗓️ Jul 07 2026 08:18 UTC - PR ROOM Dutch Blockchain Week 2026 Releases Full Summit Agenda as Europe’s Digital Asset Industry Gathers in AmsterdamWith less than a month to go, Dutch Blockchain Week 2026 has released the full agenda for its flagship summit, offering a clearer picture of the companies, institutions and industry leaders set to gather in Amsterdam this June. Taking place […] ➤ Dutch Blockchain Week 2026 is set to convene thousands of digital asset professionals in Amsterdam, featuring a comprehensive summit agenda focused on industry maturation. ➤ Key topics will include stablecoins, tokenization, institutional adoption, and European regulation, with participation from major companies like Visa, Mastercard, and Chainlink. ➤ The event highlights Amsterdam's growing role as a hub for digital assets within Europe's evolving regulatory landscape, emphasizing networking and business development. #dutchblockchainweek2026 #amsterdam #digitalassets #blockchain #tokenization #stablecoins #institutionaladoption #mica #europe #compliance 🔗 Read more at: https://rwatimes.io/articles/livebitcoinnews-amsterdam-set-to-welcome-thousands-of-digital-assetprofessionals-as-dutch-blockchain-week-2026-reveals-theprogram-3267508305

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