What are stablecoins, and why are governments moving to regulate them? https://www.bloomberg.com/news/articles/2025-04-04/what-is-a-stablecoin-how-do-they-work-and-why-are-regulators-concerned?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
What Are Stablecoins? How Will the US Genius Act Regulate Them?
If you put a dollar bill under your mattress, you know you’ll get a dollar bill back when you go looking for it, and that the paper currency will still be worth $1. A branch of cryptocurrencies called stablecoins has grown up based on the idea that such dependability…
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Fintech giant Klarna and ticket platform StubHub are pausing plans for IPOs, after the US announced wide-ranging tariffs that sent the stock market into a tailspin. https://www.bloomberg.com/news/articles/2025-04-04/klarna-stubhub-pause-ipo-plans-after-trump-tariffs-roil-markets?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Klarna, StubHub Pause IPO Plans After Trump Tariffs Roil Markets
Fintech giant Klarna Group Plc and ticket platform StubHub Holdings Inc. are pausing plans for initial public offerings, people with knowledge of the matter said, after the US announced wide-ranging tariffs that sent the stock market into a tailspin.
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Money Stuff: The Podcast: Finders Keepers https://www.bloomberg.com/opinion/newsletters/2025-04-04/money-stuff-the-podcast-finders-keepers?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Money Stuff: The Podcast: Finders Keepers
This week’s episode of the Money Stuff podcast is out now, in which Katie and I discuss the Newsmax meme IPO, how stablecoin issuers make money, getting interest on stablecoins, a bet on crypto GDP, XAI Holdings, whether X and xAI are the same business, whether…
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Bitcoin is showing signs of breaking free from the gravitational pull of technology stocks during the financial market turmoil of the last few days https://www.bloomberg.com/news/articles/2025-04-04/bitcoin-s-correlation-with-stocks-shows-signs-of-breaking-down?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Bitcoin’s Correlation With Stocks Shows Signs of Breaking Down
Bitcoin is showing signs of breaking free from the gravitational pull of technology stocks during the financial market turmoil of the last few days.
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Federal Reserve Governor Michael Barr said bank regulators will have to adjust their guardrails as competition from fintech companies pushes lenders toward greater use of artificial intelligence https://www.bloomberg.com/news/articles/2025-04-04/fed-s-barr-sees-banks-pushed-to-adopt-ai-faster-by-fintech-firms?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Fed’s Barr Sees Banks Pushed to Adopt AI Faster by Fintech Firms
US Federal Reserve Governor Michael Barr said bank regulators will have to adjust their guardrails as competition from fintech companies pushes lenders toward greater use of artificial intelligence.
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House Financial Services Chairman French Hill said across the-board-tariffs don’t always come with a measurable goal, signaling reservations about the Trump administration’s far-reaching levies https://www.bloomberg.com/news/articles/2025-04-04/gop-s-french-hill-says-across-the-board-tariffs-hard-to-measure?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Republican House Finance Chair Says Across-the-Board Tariffs Hard to Measure
House Financial Services Chairman French Hill said across the-board-tariffs don’t always come with a measurable goal, signaling reservations about the Trump administration’s far-reaching levies that were unveiled this week.
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Luxury watch resellers say they’re seeing an uptick in interest in their products with the US poised to impose a 31% levy on Swiss exports to the US https://www.bloomberg.com/news/articles/2025-04-04/tariffs-on-switzerland-add-to-allure-of-preowned-luxury-watches?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Tariffs on Switzerland Add to Allure of Preowned Luxury Watches
Luxury watch resellers say they’re seeing an uptick in interest in their products with the US poised to impose a 31% levy on Swiss exports to the US.
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Wall Street sent a clear message this week: the trade war Trump unleashed is threatening to set off a worldwide recession — and fast https://www.bloomberg.com/news/newsletters/2025-04-04/stock-market-crash-trump-trade-war-hits-s-p-500-nasdaq-100?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Trump Takes a Wrecking Ball to Wall Street
Stocks get crushed by recession fears, with the S&P 500 plunging 9% this week.
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Stablecoin issuers and exchanges got a boost Friday from the SEC after the agency’s staff determined that the assets, generally, aren’t securities https://www.bloomberg.com/news/articles/2025-04-04/sec-says-stablecoins-aren-t-securities-that-require-registration?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
SEC Says Stablecoins Aren’t Securities That Require Registration
Stablecoin issuers and exchanges got a boost Friday from the Securities and Exchange Commission after the agency’s staff determined that the assets, generally, aren’t securities.
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Trump's tariff "chart of death" has Wall Street investors grappling with a new reality: They're trade-war collateral damage. https://www.bloomberg.com/news/articles/2025-04-06/trump-tariff-chart-how-stock-market-crash-hits-wall-street-investors?utm_source=telegram&utm_content=crypto&utm_medium=social
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Get up to speed on what's moving global markets https://www.bloomberg.com/news/articles/2025-04-06/s-p-500-futures-slump-as-tariff-turmoil-deepens-markets-wrap?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Stocks Hit by Dizzying Swings as Bond Yields Surge: Markets Wrap
Waves of volatility shook markets anew, with stocks, bonds and commodities getting whipsawed by another deluge of headlines around President Donald Trump’s trade war that only reinforced the clouds hanging over the outlook for investing and the economy.
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Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets https://www.bloomberg.com/news/articles/2025-04-07/bitcoin-btc-plunges-into-asia-open-as-crypto-feels-trade-war-pain?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto’s Trump Rally Evaporates as Tariffs Savage Riskier Assets
Cryptocurrencies recovered from an earlier plunge in a whipsaw day of trading triggered by President Donald Trump’s onslaught of tariffs on US trading partners.
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Stablecoin issuer Tether Holdings SA is considering launching a US-based stablecoin designed for institutional clients https://www.bloomberg.com/news/articles/2025-04-07/tether-explores-new-us-stablecoin-launch-targeting-institutions?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Tether Explores New US Stablecoin Launch Targeting Institutions
Stablecoin issuer Tether Holdings SA is considering launching a US-based token aimed at institutional clients, as the company looks to capitalize on President Donald Trump’s pro-crypto administration.
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Tether's CEO Speaks on His Insanely Profitable Business https://www.bloomberg.com/news/articles/2025-04-07/tether-s-ceo-speaks-on-his-insanely-profitable-business?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Tether's CEO Speaks on His Insanely Profitable Business
Understanding USDT
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The carnage in financial markets unleashed by Donald Trump’s tariffs is continuing unabated as equities get pummeled and US stock futures show that last week’s $5 trillion wipeout isn’t over https://www.bloomberg.com/news/newsletters/2025-04-07/global-rout-carries-whiff-of-panic-as-trump-holds-fast-on-tariffs?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Global Rout Carries Whiff of Panic as Trump Holds Fast on Tariffs
S&P 500 on verge of a bear market
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Saba Capital founder Boaz Weinstein warned that the trade war threatened to accelerate the selloff in corporate bonds and spur a wave of bankruptcies that may ramp up faster than in previous market crises https://www.bloomberg.com/news/articles/2025-04-07/boaz-weinstein-fears-market-avalanche-risks-bankruptcy-spike?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Boaz Weinstein Fears Market ‘Avalanche’ Stoking Bankruptcies
Saba Capital Management founder Boaz Weinstein warned that the trade war threatened to accelerate the selloff in corporate bonds and spur a wave of bankruptcies that may ramp up faster than in previous market crises.
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Bank of England Governor Andrew Bailey won unanimous backing for his nomination to lead the Financial Stability Board after incumbent Chair Klaas Knot leaves https://www.bloomberg.com/news/articles/2025-04-07/boe-s-bailey-nominated-to-lead-global-finance-watchdog-fsb?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
BOE’s Bailey Nominated to Lead Global Finance Watchdog FSB
Bank of England Governor Andrew Bailey won unanimous backing for his nomination to lead the Financial Stability Board after incumbent Chair Klaas Knot leaves.
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Michael Saylor’s Strategy said it will register an unrealized $5.9 billion loss in the first quarter after adopting an accounting change that requires valuing the digital asset at market prices. https://www.bloomberg.com/news/articles/2025-04-07/saylor-s-strategy-to-post-multibillion-loss-after-accounting-change?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Saylor’s Strategy to Register $5.9 Billion Loss After Accounting Change
Michael Saylor’s Strategy said it will register an unrealized $5.9 billion loss in the first quarter after adopting an accounting change that requires valuing the digital asset at market prices.
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Despite a friendlier environment for digital assets in the US and globally, crypto venture capital activity has largely remained at a standstill https://www.bloomberg.com/news/articles/2025-04-07/crypto-vc-activity-slow-to-catch-up-to-friendlier-us-environment?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Crypto Venture Capital Activity Slow to Catch Up to Friendlier US Environment
Despite a friendlier environment for digital assets in the US and globally, crypto venture capital activity has largely remained at a standstill.
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Pakistan has roped in Changpeng Zhao, the co-founder of the world’s largest crypto exchange Binance, to set up a globally competitive platform for digital finance in the South Asian nation. https://www.bloomberg.com/news/articles/2025-04-07/binance-founder-zhao-to-help-pakistan-boost-crypto-trading-bid?utm_source=telegram&utm_content=crypto&utm_medium=social
Bloomberg.com
Binance Founder Zhao to Help Pakistan Boost Crypto Trading Bid
Pakistan has roped in Changpeng Zhao, the co-founder of the world’s largest crypto exchange Binance, to set up a globally competitive platform for digital finance in the South Asian nation.
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