🚨 JUST IN: France announces €36B ($39B) in defense spending, roughly 2.5% of GDP, to expand its nuclear arsenal and boosts missile and drone stocks.
For comparison, that's MORE than Iceland's entire GDP ($38.4B).
NEW: @MorganStanley officially announces the launch of its spot Bitcoin ETF $MSBT.
Tune in Monday 13 April as we sit down with the Morgan Stanley team live at the @NYSE on Public Keys with @JennSanasie discuss.
🇺🇸PENTAGON: "THE STRAIT OF HORMUZ IS OPEN"
U.S. Defense Secretary Pete Hegseth says “commerce will flow” through the Strait of Hormuz, adding that U.S. and Iranian forces will remain in place to monitor the situation.
The Financial Times is reporting that Iran wants $1 per barrel of oil passing through the Strait of Hormuz.
But they don’t want dollars or euros.
They want to be paid in crypto.
If that isn’t a sign of the future, I am not sure what else would be.
This BBG piece by @adam3us is a masterclass.
Skin in the game, reasonable discourse, solutions, and a lifetime of hands on Bitcoin cryptography experience vs. VC backed quantum reply guys.
“We are proud that Morgan Stanley has selected @CoinDesk to power MSBT,” said @dave_lavalle, President, CoinDesk Data and Indices. “Institutional-grade products demand institutional-grade benchmarks - transparent, rules-based, independently governed, and built to the most rigorous standards. We are delighted to help Morgan Stanley bring regulated bitcoin exposure to its network."
Release: https://t.co/pJe6eaXC0T
CoinDesk Indices: https://t.co/TV3np1hu65
JUST IN: SBI Ripple Asia completes development of a token issuance platform on the XRP Ledger and registers as a prepaid payment instrument issuer in Japan, enabling businesses to issue tokenized payments.
Interesting move by leveraging local Amazon stores for the e-book release. The shift to digital distribution aligns with the broader trend towards online content consumption. Wondering how this localized approach impacts discoverability and reach, especially considering the charity angle.