FCA weighs exemption for tokenized gold under fund rules
The FCA is working with the Treasury on a possible bespoke framework that would exempt tokenized gold from traditional fund rules, in an effort to support London’s gold market.
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The FCA is working with the Treasury on a possible bespoke framework that would exempt tokenized gold from traditional fund rules, in an effort to support London’s gold market.
Bitcoin climbed despite hot US inflation data and the possibility of an interest-rate hike, Bitcoin Magazine reported. The report gave no specific price, inflation figure, or details on the potential policy decision.
Long-term U.S. Treasury yields rose despite a $6 billion buyback, with persistent debt concerns and higher oil prices continuing to pressure global bond markets, CoinDesk reported.
Hunter Biden’s LAPTOP memecoin left nearly 80% of traders in the red within hours, according to Bubblemaps data cited by CryptoSlate. Of 15,206 traders, 12,151 lost money and 3,026 were profitable.
Ledger’s CTO called for responsibility in AI-assisted bug hunting and warned against “attention farming.” Ledger and Trezor said researchers should publish findings if vendors fail to fix vulnerabilities within an agreed disclosure window.
A CryptoSlate model indicates that one default could leave XRP lending-vault depositors bearing 90% of a 90,000-token loss, while ten smaller loans would produce a modeled loss of 4,500 tokens under the same coverage rates.
US spot Bitcoin ETFs recorded nearly $1 billion in inflows in the latest week, bringing the strongest three-week stretch of 2026 to about $3.8 billion despite Bitcoin briefly falling below $79,000.
The National Sheriffs’ Association has moved from opposing the CLARITY Act over consumer-protection concerns to a neutral stance, saying it will allow the legislative process to continue, Cointelegraph reported.
SEC Chair Paul Atkins expects the Clarity Act to pass this month, Bitcoin Magazine reports. The projection comes despite a delayed vote as the SEC continues advancing its cryptocurrency regulatory agenda.
Strategy’s STRC preferred security remains near $97 despite $635.2 million in buybacks. Michael Saylor has roughly one week before his informal Sept. 8 target to restore the security to its $100 par value.
Twenty-one major financial institutions, including Bank of America and Citi, are positioning themselves around stablecoins as Standard Chartered estimates the tokens could remove about $500 billion from US bank deposits by 2028.
A lawsuit alleges Tether froze $42.4 million in USDT after an informal U.S. law-enforcement request, more than three months before authorities obtained a seizure warrant, CoinDesk reports.
Strategy is buying Bitcoin again while also purchasing STRC and raising cash, Decrypt reports. The company’s combined actions put market reaction in focus, with Bitcoin as the main asset affected by the update.
Strategy has spent $635 million buying back STRC, yet the perpetual preferred stock trades at $97.34, below its $100 par value. SATA has held $100, helped by its higher dividend rate, according to CoinDesk.
Bitcoin is on track for its best August since 2017, CryptoSlate reported, trading near $78,400 as renewed US-Iran hostilities and a hawkish Federal Reserve stance test the digital asset’s recovery.
Bitcoin held steady after U.S. strikes on Iran pushed oil prices higher and stocks lower. The cryptocurrency has gained 24% in August and is on track for its best month since November 2024.