Andreessen Horowitz has locked in a $15 billion fund dedicated to American Dynamism, with crypto and AI as central pillars. The move signals sustained institutional backing for the sector amid ongoing regulatory shifts.
Ripple's UK Breakthrough
Ripple secured FCA approval to expand its crypto payment services in the United Kingdom this week. The green light resolves months of back-and-forth with British regulators, clearing a path for broader adoption.
Wall Street Tokens Roll Out
BNY Mellon launched tokenized deposit services for institutional and digital-native clients. Twitter also announced plans to display live crypto and stock prices next to tickers through 'smart cashtags'.
Frozen Funds and Market Swings
Tether froze $182 million in USDT linked to Venezuelan oil trades. Monero climbed to a new all-time high while other major tokens showed minimal movement this week.
Capitol Hill Shifts
A new House bill would ban federal officials from using prediction markets. Meanwhile, Fed Chair Jerome Powell released a video calling criminal charges against him a consequence of not cutting rates per Trump's demands.
The House bill heads to committee review next week, with votes expected before summer recess.
