Major tokens slumped Saturday as investors digested the implications of Moody’s Ratings downgrading the U.S. credit score, with ether (ETH), XRP, and …
Credit
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Regulation
Fed council warns stablecoins may pose risk to bank deposits and credit capacity
by shayaanby shayaanMembers of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued stablecoins could accelerate deposit outflows from traditional …
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Finance
Market Maker Flowdesk Expands Capital Market Offerings With New Institutional Credit Desk
by shayaanby shayaanMarket maker Flowdesk has launched an institutional credit desk, expanding its footprint in digital asset markets as traditional finance players seek more …
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In short The Financial Conduct Authority of the VK has proposed to prohibit the use of credit to buy crypto assets. The …
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Adoption
FCA aims to curb risky crypto lending and credit purchases to protect UK investors
by shayaanby shayaanThe Financial Conduct Authority (FCA) is preparing to introduce stricter regulations for the UK’s crypto sector as it looks to reduce risks …
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This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Over the past few months, people involved in Solana …
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DeFi
Tokenized Apollo Credit Fund Makes DeFi Debut With Levered-Yield Strategy by Securitize, Gauntlet
by shayaanby shayaanDUBAI, UAE — Tokenization firm Securitize and decentralized finance (DeFi) specialist Gauntlet are planning to bring a tokenized version of Apollo’s credit …
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Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to …
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Mining
Bitcoin Miner CleanSpark Increases Credit Line, Rebalances HODL Strategy
by shayaanby shayaanTL;DR CleanSpark will sell part of its monthly Bitcoin production to finance operations and avoid share dilution, moving away from its full-retention …
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This is a segment from the Empire newsletter. To read full editions, subscribe. It’s hard to escape the doom-and-gloom headlines — and …