Polkadot’s economic upgrade begins rolling out in 10 days.
Enhanced tokenomics increases DOT scarcity and introduces new governance and staking mechanisms.
▸ DOT supply capped at 2.1B
▸ Emissions cut 53.6%
▸ Unbonding from 28 days to 24-48 hours
More details ⤵️
🚨THE CRYPTO MARKET STRUCTURE BILL WAS DELAYED BECAUSE OF BIG BANKS.
Let us explain this in simple words.
Banks do not want real competition.
DeFi and stablecoins threaten their core business. This bill, in its current form, limits that competition instead of encouraging fair innovation.
Even JPMorgan’s CFO said it clearly:
If stablecoins are allowed to offer yield, banks will see large money outflows.
That one statement explains a lot.
Brian Armstrong said this bill would make crypto worse than it is today.
He said directly: no bill is better than a bad bill.
Not because regulation is bad, but because this version protects banks more than it protects innovation.
Now look at what the bill actually does:
1. TOKENIZED STOCKS WOULD BE ALMOST BANNED
Crypto versions of equities would become nearly impossible in the US.
This kills one of the biggest real world use cases of blockchain.
2. DEFI WOULD BE TREATED LIKE BANKS
The government would get broad access to user data. Every transaction would need reporting.
This destroys privacy and kills the whole idea of decentralization.
DeFi stops being DeFi and becomes another bank system.
3. CFTC GETS WEAKER, SEC GETS MORE POWER
Power gets centralized under one regulator. Innovation slows down.
Crypto native projects face higher compliance and more uncertainty.
4. STABLECOIN REWARDS COULD BE BANNED
Stablecoins would not be allowed to pay yield.
Why? Because yield attracts deposits away from banks.
This directly protects the banking system from competition.
So when you connect everything:
• DeFi becomes controlled
• Stablecoins lose yield
• Tokenization gets blocked
• Banks face less competition
This bill does not help crypto much but It protects banks.
After reviewing the Senate Banking draft text over the last 48hrs, Coinbase unfortunately can’t support the bill as written.
There are too many issues, including:
- A defacto ban on tokenized equities
- DeFi prohibitions, giving the government unlimited access to your financial records and removing your right to privacy
- Erosion of the CFTC’s authority, stifling innovation and making it subservient to the SEC
- Draft amendments that would kill rewards on stablecoins, allowing banks to ban their competition
We appreciate all the hard work by members of the Senate to reach a bi-partisan outcome, but this version would be materially worse than the current status quo. We’d rather have no bill than a bad bill. Hopefully we can all get to a better draft.
We'll keep fighting for all Americans and for economic freedom. Crypto needs to be treated on a level playing field with the rest of financial services so we can build this industry in a safe and trusted way in America.
The future of regulated digital assets payments in the UK has arrived! 🇬🇧
Ripple has officially secured approval of both an EMI license and Cryptoasset Registration from the UK's FCA.
Who better to explain what it means than our UK and Europe Managing Director @CraddockCJ.
https://t.co/QWz8rTa0i0
Big News: @AMINABankGlobal is the first European bank to go live with Ripple Payments: https://t.co/dEEWtY2tsu
This partnership provides a crucial, compliant bridge between traditional fiat and blockchain rails, solving a major friction point for crypto-native clients who need efficient cross-border transactions.
This is the next step in our expanding relationship with AMINA Bank, building on their earlier adoption of RLUSD.
Our commitment to delivering secure, compliant, and resilient digital asset technology continues to advance the wider adoption of crypto in Europe and beyond!
Proud to announce https://t.co/vCNztATkNg is now partnering with @eandmoney as we look to advance the UAE crypto ecosystem through exciting integrations across both our platforms.
Read more here: https://t.co/xuLlXCxrw3
🏅 https://t.co/hcDm4vdblb has won 'Best Blockchain-Based Solution' at the MENA Fintech Awards for our world-first agreement with Dubai Finance to facilitate government service fee payments using digital assets.
This is a pioneering milestone in digital finance and is the first comprehensive and holistic Government-wide implementation of payment digitisation, reinforcing the UAE's position as a global leader in financial innovation. 🏅