HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up

US Bitcoin ETFs are experiencing significant outflows nearing $3 billion in November, with BlackRock leading the trend with record outflows of $523 million. This decline is attributed to a fresh death cross in market indicators, diminishing expectations for Federal Reserve rate cuts, and a general negative sentiment among investors.

Basel's stringent crypto regulations are being reconsidered as the US, UK, and EU diverge in their approaches. The chair of the Basel Committee indicated that the rapid adoption of stablecoins is prompting a review of the previously proposed 1,250% capital charges for banks dealing with cryptocurrencies.

The Digital Chamber has initiated a new program called the State Network aimed at educating state lawmakers about cryptocurrency policies in the United States. This initiative is strategically timed to influence legislative decisions and political campaigns leading up to the 2026 elections. The Digital Chamber seeks to promote a favorable regulatory environment for crypto assets at both state and local levels, highlighting the importance of informed policymaking in the evolving landscape of digital currencies.

Mike Alfred, a crypto entrepreneur, stated that the US government will begin purchasing Bitcoin for its strategic reserve only when there is sufficient external pressure from other countries. This statement highlights the cautious approach the US is taking towards cryptocurrency adoption and reserve accumulation, indicating that the government is waiting for a more favorable global environment before making such investments.

Cboe is set to launch perpetual-style Bitcoin and Ether futures contracts in the United States. These contracts, which are designed to mimic perpetuals, will feature daily cash adjustments. This initiative aims to provide users with a regulated platform for trading cryptocurrency futures, enhancing the trading landscape for digital assets in the US market.

Cboe is set to launch perpetual-style Bitcoin and Ether futures contracts in the United States. These contracts are designed to mimic perpetuals through daily cash adjustments, providing users with a regulated platform for trading cryptocurrency futures. This initiative aims to enhance the trading landscape for digital assets in the US market.

Cboe is set to launch perpetual-style Bitcoin and Ether futures contracts in the United States. These contracts are designed to mimic perpetuals through daily cash adjustments, providing users with a regulated platform for trading cryptocurrency futures. This initiative marks a significant development in the U.S. crypto market, allowing for more structured trading options.