HSBC and Standard Chartered have made significant strides in the realm of tokenized deposits, leveraging Swift’s innovative platform to enhance their offerings.

Bitcoin has reached a significant milestone, hitting $70,000 for the first time in over 11 weeks, driven by new developments in US Treasury operations and legislative efforts.

Senator Ruben Gallego emphasizes the need for careful deliberation on the CLARITY Act, warning that a rushed vote could jeopardize bipartisan support and the future of U.S. crypto regulation.

The Commodity Futures Trading Commission is inviting comments on the emerging market of AI compute derivatives, highlighting the intersection of technology and finance.

As the Clarity Act faces a rushed timeline, concerns mount over its implications for ongoing negotiations in the crypto space.

In a strategic move, OKX has imposed limitations on AI access amid soaring expenses, which have reached $8 million monthly, highlighting the growing costs associated with AI technologies in the crypto space.

As Bitcoin approaches the $70,000 mark, bearish bets have faced unprecedented losses, totaling $2.7 billion in a historic shake-up of the crypto markets.

In a remarkable turn of events, Ethereum has surged by 18%, reaching $2,250, while Bitcoin has crossed the $69,000 mark, signaling a robust recovery across the cryptocurrency market.

The CFTC has finalized its cases against former FTX executives Caroline Ellison and Gary Wang, marking a significant step in the fallout from the exchange’s collapse.