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Custodia Bank CEO warns of TradFi firms facing first crypto winter

Institutional investors from the traditional finance world lack the updated risk tolerance models to deal with crypto and may face trouble during the next bear market, according to Custodia Bank CEO Caitlin Long.
“Big Finance is here in a big way, and that seems to be driving this cycle. I
IN-5.63%
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Brazil’s crypto tax grab signals the end of an era

Opinion by: Robin Singh, CEO of Koinly
Crypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by.
In June, Brazil scrapped its tax exemption for minor crypto gains and introduced a flat 17.5% tax on all capital gains from
ERA-0.35%
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Crypto Biz: Bitcoin miners face tariff hit, blockchain courts Wall Street

The Bitcoin mining industry is squarely in the crosshairs of the US-led trade war, with publicly traded miners receiving hefty invoices from US Customs and Border Protection (CBP). Yet, in a twist, a mining venture backed by US President Donald Trump’s family secured more than 16,000 rigs from
BTC-0.57%
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ETH ‘god candle’ emerges amid Fed rate cut hopes: Is $6K Ether next?

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ETH1.09%
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SharpLink Gaming approves $1.5B stock buyback to boost Ether treasury

SharpLing Gaming, one of the largest Ether corporate treasuries, has authorized a $1.5 billion stock buyback program.
In a Friday announcement, SharpLink Gaming said it authorized the repurchase of $1.5 billion worth of shares as part of its “disciplined capital markets strategy.” No repurchases ha
ETH1.09%
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Banning virtual currency kiosks is no solution to fraud

Opinion by: Bill Repasky, attorney at Frost Brown Todd LLP
With more than 55 million Americans now using cryptocurrency in their daily lives, cryptocurrencies have become an integral component of our nation’s financial system
Just like traditional ATMs, tens of thousands of virtual currency
VIRTUAL-1.34%
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Don’t expect China’s stablecoin to touch the mainland

The cryptocurrency industry is abuzz with speculation after recent reports suggested China may soften its stance on a yuan-backed stablecoin, but law experts caution against overinterpreting the news.
Reuters reported Wednesday that Beijing is considering approving a stablecoin pegged to the
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Andrew Tate shorts Kanye West’s YZY, racks up $700K losses on Hyperliquid

Kickboxing champion and controversial influencer Andrew Tate is among the latest celebrities to dive into Kanye West’s newly launched YZY token — but his bets are already deep in the red.
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YZY-3.73%
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