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Digital

STS Digital CEO sees three major headwinds for crypto markets

STS Digital CEO sees three major headwinds for crypto markets

4 days ago by Crypto InsightsCrypto

Much of the adoption, however, benefits established financial institutions rather than token holders, Seiler said. As traditional finance integrates blockchain tech into existing workflows, less value accrues directly to crypto assets than investors expected several years ago. Founded in 2021, STS Digital is a Bermuda-regulated… Read More

Crypto lobby group TDC sues Illinois to block digital asset tax

Crypto lobby group TDC sues Illinois to block digital asset tax

2 weeks ago by Crypto InsightsCrypto

A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. The Digital Chamber alleged that Illinois’ Digital Asset Tax Act violated both the U.S. and state constitutions and is preempted by a federal… Read More

The traditional bank account is facing an existential threat from digital wallets

The traditional bank account is facing an existential threat from digital wallets

2 weeks ago by Crypto InsightsCrypto

Jan said many Binance employees, including himself, already keep most of their assets on the exchange. “I could make payments, I could use my debit card to spend whatever I need wherever I want,” he said. Lines are blurring Eneko Knorr, co-founder and CEO of… Read More

SBI’s Coinhako deal advances plan for Asia’s first digital asset empire

SBI’s Coinhako deal advances plan for Asia’s first digital asset empire

3 weeks ago by Crypto InsightsCrypto

“The real prize is the yen side of onchain settlement, one of the most strategic positions in Asian finance over the coming decade, and that is exactly what SBI is building toward,” he added. One technical limitation remains. JPYSC does not yet support withdrawals to… Read More

Why Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments

Why Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments

3 weeks ago by Crypto InsightsCrypto

If Stripe owns PayPal, Bridge becomes the shared infrastructure layer under PYUSD, OpenUSD and Tempo. That’s infrastructure consolidation, not token competition, and it’s a much bigger deal than the acquisition headline suggests.” That sort of infrastructure scale could allow Stripe to introduce lower settlement fees… Read More

U.S. government digital dollar set to be banned tonight under housing law’s CBDC limit

U.S. government digital dollar set to be banned tonight under housing law’s CBDC limit

4 weeks ago by Crypto InsightsCrypto

The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There’s been limited appetite at the central bank, where its previous leadership — even before the arrival of Trump’s newest… Read More

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