Identical Draft Revives Debate Over National vs. EU Crypto Oversight Poland’s government has reignited a political dispute over crypto regulation by resubmitting an 84-page digital assets bil the same proposal that was vetoed only days earlier by President Karol Nawrocki. The move has intensified friction between the president and Prime Minister Donald Tusk’s coalition, particularly as the European Union prepares for full MiCA compliance by mid-2026. Polska2050, a key party in the ruling coalition, reintroduced the legislation with claims that it represents an “improved” framework. However, government representatives publicly acknowledged that “not even a comma” had been altered from the…
Author: Blockto Team
Dirham-Backed Digital Currency Tested for Consumer Bill Payments The United Arab Emirates is taking another step toward regulated digital payments as telecom leader e& begins a pilot exploring the use of a dirham-pegged stablecoin for everyday financial transactions. The initiative, developed through a memorandum of understanding with Al Maryah Community Bank, aims to determine whether regulated payment tokens can support high-volume consumer services. Stablecoin Integration Across Telecom Services Under the new agreement, e& will evaluate how AE Coin, a Central Bank–licensed stablecoin, can be embedded into its extensive digital ecosystem. The trial spans several touchpoints, allowing customers to settle mobile…
Bitcoin-driven profit rotation and strong ETF inflows shape XRP’s tightening range XRPs price has slipped back into a narrow consolidation band as traders rotate profits from Bitcoin into stable positions, pressuring altcoins across the board. Despite strong institutional inflows into crypto-linked ETFs, the token continues to struggle near a critical resistance zone, signaling hesitation among market participants. The markett shows XRP repeatedly failing to clear the $2.09–$2.10 resistance band, a level that has become a structural ceiling over the past several weeks. This zone aligns with prior break-of-structure levels and bearish order blocks, reinforcing its importance in the current market…
Absence of Anti-CBDC Language Sparks Backlash Among Republican Hardliners A major rift has emerged within the Republican Party after the US House advanced the National Defense Authorization Act (NDAA) without the promised ban on a central bank digital currency (CBDC). The House passed the $900 billion annual defense package in a 312–112 vote, sending the must-pass bill to the Senate. But several GOP conservatives say party leadership failed to uphold a deal made earlier this year. Representative Keith Self wrote that conservatives were “explicitly promised” strong anti-CBDC protections, only to see the language removed before final consideration. Self attempted to…
ASIC Introduces Class Relief to Lower Compliance Burdens and Support Digital Asset Innovation Australia’s corporate regulator has introduced new exemptions aimed at simplifying how businesses distribute stablecoins and wrapped tokens, marking a significant step toward a more innovation-friendly digital asset framework. The Australian Securities and Investments Commission (ASIC) confirmed that it is granting class relief for intermediaries involved in the secondary distribution of eligible stablecoins and wrapped tokens. Under the updated measures, firms no longer need separate AFS licences to provide these services — a shift expected to reduce operational costs and encourage sector growth. ASIC also approved the use…
Landmark Placement Marks a Shift From Crypto Skepticism to Mainstream Recognition The New York Stock Exchange has unveiled a new installation of Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue, signaling how far Bitcoin has moved from the margins of finance to one of its most visible stages. The NYSE described the placement as “shared ground between emerging systems and established institutions”, a statement that reflects the growing integration of digital assets into traditional markets. The installation was arranged by Bitcoin-focuused firm Twenty One Capital, which began trading this week. The statue represents the sixth in Picozzi’s global series. Other installations stand…
Hedera (HBAR) edged higher toward $0.1372, supported by a steady rise in interest from public-sector and enterprise partners. The price movement comes during a period of tight technical consolidation, suggesting that the market is positioning for its next decisive phase. HBAR Stability Near Support Highlights Renewed Demand Price action on the daily indicates that buyers are protecting the $0.12–$0.13 demand zone, an area that has repeatedly acted as the foundation for short-term recoveries. The latest rebound of roughly 1.8% reflects modest but consistent accumulation, even as overall market sentiment remains mixed. Trading volumes, while not surging, show sustained interest near…
New Advisory Group to Shape Policy on Tokenization, 24/7 Trading, and Derivatives Market Infrastructure The US Commodity Futures Trading Commission has broadened its CEO Innovation Council, adding senior leaders from crypto exchanges, prediction markets, and major traditional financial institutions to help guide future derivatives market reforms. Announced this week, the council will examine structural developments affecting the markets under CFTC oversight. Key areas of discussion include tokenization, crypto asset integration, 24/7 trading, perpetual contracts, and evolving blockchain market infrastructure. Participants now include executives from leading digital asset platforms such as Polymarket, Kalshi, Kraken, Gemini, Bitnomial, Bullish and Crypto.com. They join…
Proposal Seen as Misguided Approach to Classifying Digital Asset Treasury Firms MSCI’s proposal to exclude companies holding more than half of their balance sheet in digital assets has sparked strong pushback, with Strategy CEO Phong Le arguing the move reflects a fundamental misunderstanding of how operating companies manage core assets. The index provider is currently consulting on whether digital asset treasury companies (DATs) with over 50% of their assets in crypto should be barred from inclusion. Le says the logic behind this approach is inconsistent, comparing it to removing Chevron for holding oil reserves or omitting major real estate and…
Stellar (XLM) held firm near the critical $0.25 support level on Monday, showing relative strength even as broader altcoin sentiment remained muted. The move comes after a notable surge in trading activity, signaling that buyers are defending this zone despite ongoing market uncertainty. XLM Price Holds Key Support as Volume Expands Stellar’s price action has been defined in recent weeks by a controlled pullback from the late 2025 rally, but market structure on the daily continues to show defensive demand within the $0.23–$0.25 range. According to current market data, trading volume climbed more than 19% above weekly averages, indicating renewed…