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Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says

The broker raised its Galaxy Digital price target to C$23 from C$17, while maintaining its buy rating.
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Israel to Start Digital Shekel Challenge to Develop Payment Use Cases

The Bank of Israel has not deciding on issuing a digital shekel, even as it continues its yearslong effort to explore its issuance.
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SEC’s Gensler Says House Bill Would ‘Undermine’ Regulator’s Crypto, Capital Markets Oversight

SEC Chair Gary Gensler pushed back against the FIT21 bill hours ahead of a planned vote.
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Democrat House Leadership Says Crypto Bill Vote Won’t Be Whipped

Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote
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Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets

The pilot will also allow e-CNY wallets to hisse retailers, but not person-to-person transfers.
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‘CryptoDad’ Giancarlo Joins Paxos Board

J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.
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WisdomTree’s Crypto Business Goes Live in New York Against Big Shareholder’s Wishes

The asset manager’s largest shareholder is urging investors to vote against the reappointment of the firm’s CEO, Jonathan Steinberg, who has led the firm’s business toward decentralized finance.
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TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

Ironlight, helmed by the former küresel head of trading of Schroders and Abu Dhabi sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to...
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What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?

Crypto’s significance as an election issue remains non-existent or at best negligible.
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BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform

The move will allow the crypto payments firm to consolidate its custody technology.
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