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🇺🇸 UPDATE: Standard Chartered now expects the Fed to cut rates by 25 bps on Wednesday.
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🔥 BULLISH: Pakistan’s crypto regulator says the country is embracing Bitcoin as economic infrastructure and using its 20 GW energy surplus for $BTC mining and AI, predicting emerging markets will lead the next wave of adoption. $BTC
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🚨 TODAY: Vanguard’s head of quantitative equity, John Ameriks, said Bitcoin is still more of a speculative collectible “like a popular plush toy” than a productive asset with income or cash-flow properties. $BTC
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Citadel Securities and DeFi Waging War of Words Through SEC Correspondence The investing giant had asked the U.S. Securities and Exchange Commission to treat DeFi players like regulated entities, and the DeFi crowd pushed back. #defi
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Crypto Firm Tether Moves to Take Over Italian Football Club Juventus The issuer behind the most popular stablecoin said that if the bid succeeds, it prepares to invest $1 billion in the football club. $USDT
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Stablecoins Get Backing From Cross-Party UK Lawmakers Urging Pro-Innovation Rules The group calls for a forward-looking framework to maintain the U.K.'s fintech leadership and attract international investment. #Stablecoins
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