The report points to higher risks in so-called multi-issuer structures. Affiliated companies can issue the same stablecoin and share liability for it while keeping reserve assets in separate jurisdictions. If holders can redeem with any issuer in the group, demand could pile up on a… Read More
The divergence comes as government bond yields climb globally. The war in the Middle East has driven oil and diesel prices higher, complicating the inflation outlook and raising questions about how much further central banks may need to tighten policy. The U.S. 10-year Treasury yield… Read More
Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece and will seek authorization in another European Union country, the crypto exchange said Wednesday via several X posts. While Binance did not immediately respond to CoinDesk’s request for comment, Gillian Lynch,… Read More
Core Scientific (CORZ) shareholders have rejected a proposed $9 billion all-stock merger with CoreWeave (CRWV), halting one of the most anticipated deals in the AI data center sector. CORZ is higher by 4.5% on the news, while CRWV added modestly to earlier losses, now down… Read More
