Author: CryptoDigestAlert.com

TLDR French lawmakers are set to review a proposal that could ban the digital euro and promote the use of Bitcoin. The motion, led by Éric Ciotti, calls for increased investment in euro stablecoins and crypto-assets. The proposal aims to deviate from the 2022 Basel framework on crypto-exposure regulations. Reports suggest that France could hold 2% of Bitcoin’s total supply, valued at $48 billion. Rassemblement National has proposed using surplus nuclear energy to mine Bitcoin in France. The French government is preparing to review a proposal that could impact the country’s stance on Bitcoin (BTC) and other digital currencies. A…

TLDR: SharpLink will allocate $200M in ETH to Linea via EtherFi and EigenCloud to enhance its DeFi-based yield strategy. The ETH deployment uses Anchorage Digital’s custody services for compliance and institutional-grade security. Linea’s zkEVM network offers scalable, Ethereum-aligned infrastructure for SharpLink’s multi-year ETH commitment. The move marks SharpLink’s expansion of its Ethereum treasury into staking, restaking, and institutional DeFi yield. SharpLink is putting serious weight behind Ethereum. The Nasdaq-listed firm plans to deploy $200 million worth of ETH on Linea, a Layer 2 network built by Consensys.  The move ties SharpLink’s corporate treasury to a growing institutional DeFi ecosystem that…

Tether Gold now represents over $2 billion in value, cementing its role as a foundational asset that merges the security of physical bullion with the operational ease of a digital token for a new class of investor. On Oct. 28, stablecoin giant Tether announced that its Tether Gold token (XAUT) has surged past a $2 billion market capitalization. This milestone, reached as the token’s value climbed from $1.44 billion at the end of Q3 to approximately $2.1 billion in a matter of weeks, is backed by over 375,000 fine troy ounces of physical gold held in a Swiss vault. Notably,…

TLDR: British Columbia permanently banned new crypto mining projects, ending a two-year moratorium on new grid connections. The province restricted power access for AI data centers to manage rising electricity demand and protect local resources. Officials said energy will be redirected toward industries that generate stable jobs and higher local economic returns. The Energy Ministry confirmed existing crypto operations can continue under current agreements without new approvals. British Columbia is turning off the power on high-energy industries. The province plans to permanently ban new crypto mining projects and restrict power usage by artificial intelligence data centers.  The move aims to…

Solana ETF preparations are now entering final stages after the NYSE certified Bitwise’s staking product for listing. The formal listing notice signals that all exchange-level requirements are now met, pending a final operational launch. Summary NYSE approved Bitwise Solana Staking ETF, clearing a key listing step. The fund could launch as soon as October 28 alongside Litecoin and HBAR ETFs. The approval marks a milestone for Solana’s institutional adoption in U.S. markets. According to a notice filed with the U.S. Securities and Exchange Commission on October 27, the NYSE Arca has formally certified its approval to list and register shares…

TLDR: JPMorgan plans to allow institutional clients to use Bitcoin and Ether as collateral for loans by year-end. The crypto-collateral program will operate globally using a third-party custodian for token security. This builds on JPMorgan’s prior step of accepting crypto-linked ETFs as collateral for loans. Institutional lenders will now treat Bitcoin and Ether holdings as part of credit structures. JPMorgan Chase & Co. says it will let its institutional clients pledge crypto. This is a global rollout. They plan to accept Bitcoin and Ether as loan collateral by year-end.  The decision comes as part of a deeper integration of digital…

TLDR: The Fed’s “skinny master account” could let crypto and fintech firms bypass traditional banks for payment access. Governor Chris Waller said distributed ledgers and crypto are now part of the financial system’s foundation. Firms like Custodia, Kraken, and Ripple could finally gain direct access to the Fed’s payment systems. The new account proposal aims to modernize payment infrastructure without changing existing eligibility laws. The Federal Reserve is considering a major policy change that could reshape how digital asset firms interact with the U.S. financial system.  During the Fed’s Payments Innovation Conference, Governor Christopher Waller introduced a proposal for a…

The video-streaming giant boasting 51 million monthly users is getting ready to light up December with bitcoin tipping. Rumble CEO Chris Pavlovski and Tether CEO Paolo Ardoino dropped the news at the Plan B Forum in Lugano, Switzerland—giving attendees a preview of what could soon make content creators’ wallets a little wealthier. Rumble’s Bitcoin Tipping […] Source link

After the biggest crypto deleveraging event in five years, Tom Lee, chairman of Bitmine Immersion Technologies, says the worst may be over — and a year-end rally could be in sight. The Oct. 10 liquidation, triggered in part by rising U.S.-China trade tensions, erased billions in leveraged positions across digital assets. “That was the biggest liquidation event in five years for crypto,” Lee said. “So, there are still those ripple effects, two weeks later, that are plaguing the crypto market.” Yet despite the shock, Lee — who also co-founded research firm Fundstrat — told CNBC this weekend that both Bitcoin…

TLDR: Crypto.com filed a National Trust Bank Charter application with the OCC to expand regulated custody services. The Charter aims to make Crypto.com a federally regulated provider for digital asset treasuries and ETFs. The move strengthens Crypto.com’s focus on compliance and secure customer asset management. Existing operations under New Hampshire’s trust license continue without changes, the firm confirmed. Crypto.com has made a move that could reshape how it operates inside U.S. borders. The exchange filed for a National Trust Bank Charter with the Office of the Comptroller of the Currency (OCC), signaling its push to tighten regulatory alignment.  The application…