
The FDIC Just Told Banks How to Issue Stablecoins, and What They Cannot Promise
The FDIC board voted unanimously to propose stablecoin rules for bank subsidiaries: 1:1 reserves, 2-day redemption, no deposit insurance, and no yield.
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The FDIC board voted unanimously to propose stablecoin rules for bank subsidiaries: 1:1 reserves, 2-day redemption, no deposit insurance, and no yield.

Morgan Stanley's MSBT lists on NYSE Arca April 8 with a 0.14% fee, undercutting BlackRock's IBIT by 44% and marking the first bank-issued spot Bitcoin ETF.

Spot Bitcoin ETFs pulled in $471 million on April 6, the largest daily inflow since February, as boomer-heavy allocators bought while crypto natives sold.

This week in crypto cards: Bitget opens its Visa card to selected APAC users, xPlace discloses Drift exposure, Wirex brings payment infrastructure to Stellar, Gate Pay adds stablecoin subscriptions, RedotPay improves EUR and GBP funding, and COCA adds Apple Pay.

SEC Chair Paul Atkins confirms Reg Crypto, a proposal covering fundraising and startup exemptions, is near publication with an innovation exemption to follow.

Eighty-six crypto projects closed or began winding down in Q1 2026 as capital consolidates into Bitcoin ETFs and stablecoins. Here is who died and why.

Bloomberg Intelligence strategist Mike McGlone calls $10K Bitcoin's equilibrium price, citing mean reversion and the end of cheap liquidity.

US spot Bitcoin ETFs added $471M and Ethereum ETFs added $120M on April 6, with all ten ETH funds in positive territory for the first time in weeks.

The Solana Foundation rolls out two security programs, STRIDE for formal verification and SIRN for 24/7 threat monitoring, six days after the $280M Drift exploit.

Polymarket launches Polymarket USD and CTF Exchange V2, replacing bridged USDC.e with native collateral and a rebuilt trading engine.