Report: Trump’s Board of Peace Explores Stablecoin Idea to Address Gaza Cash Shortage

Report: Trump’s Board of Peace Explores Stablecoin Idea to Address Gaza Cash Shortage

Early discussions inside President Donald Trump’s “Board of Peace” are exploring whether a U.S. dollar-pegged stablecoin could help reboot Gaza’s shattered economy through digital payments. The Financial Times (FT) first reported on the news that Trump’s U.S.-led Board of Peace — the body overseeing Gaza’s postwar reconstruction — is weighing the creation of a dollar-backed…

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SEC Tells Broker-Dealers Stablecoins Can Count Toward Net Capital

SEC Tells Broker-Dealers Stablecoins Can Count Toward Net Capital

The US Securities and Exchange Commission (SEC) staff last week clarified that broker-dealers can apply a 2% “haircut” to their stablecoin holdings without objection from the SEC. Previously, broker-dealers were uncertain whether to apply a 100% haircut to their dollar-pegged stablecoins, meaning that they did not count the tokens toward their net capital under existing…

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Eric Trump Doubles Down On $1M Bitcoin Forecast, Calls Banking A ‘Ponzi Scheme’

The World Liberty Forum held this week at Mar‑a‑Lago featured remarks from President Donald Trump’s sons, Eric Trump and Donald Trump Jr., who used the event to reaffirm their strong support for Bitcoin (BTC) and repeat their long‑standing $1 million price projection for the cryptocurrency. ‘Never Been More Bullish On Bitcoin’ Speaking on Wednesday, Eric…

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Strategy’s 717,131 BTC Stash Underwater as Bitcoin Struggles Below ,000

Strategy’s 717,131 BTC Stash Underwater as Bitcoin Struggles Below $69,000

Bitcoin navigated an uneasy range between $67,000 and $69,000 as extreme market fear weighed on sentiment. Despite briefly reclaiming the $69,000 level, the price retreated to a session low of $66,557. Even Strategy’s $168 million acquisition of 2,486 bitcoins, which grew its total holdings to 717,131 coins, failed to ignite any meaningful bullish momentum. Strategy…

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Harvard Endowment Reduces Stake in Bitcoin ETF, Adds Ether Exposure

Harvard Endowment Reduces Stake in Bitcoin ETF, Adds Ether Exposure

The Harvard Management Company, which manages the eponymous university’s endowment, has reduced its stake in BlackRock’s spot Bitcoin exchange-traded fund and opened a new position in the asset management company’s Ether ETF. In a Friday filing with the US Securities and Exchange Commission, Harvard’s endowment reported that it had reduced its position in the BlackRock…

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