đ˘ Todayâs Top Crypto Headlines:
đĄď¸ NYDFS Tightens Custody Rules
⢠New guidelines require digital asset custodians to ensure client ownership even in bankruptcy
⢠Stronger disclosure + security standards â raising bar for trust & safety in custody.
đŹđ§ Bank of England Warms to Stablecoins
⢠Governor Andrew Bailey acknowledges stablecoinsâ role in reshaping finance
⢠Cites innovation in payments, but calls for crisis plans & stronger safeguards
⢠Consultation paper on major stablecoins due later this year.
âď¸ Bitcoin Mining Equities Surge
⢠14 listed U.S. miners hit $56B market cap (+43% MoM)
⢠12 miners outperformed BTCâs gains đ
⢠But rising hashrates â profit margins squeezed, daily rewards down 10%.
đ¸ Solana Leads Tokenized Treasury Growth
⢠Circleâs USYC fund launched on Solana, surpassing ETH, Base, Near, Canton in size
⢠Valued at $630M, 5th largest tokenized Treasury product
⢠Tokenized asset market nears $8B, driven by institutional demand.
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