Oil’s whiplash: from $120 fears to sub-$90 as de-escalation talk cools the spike
Crude’s Middle East risk premium unwound sharply, with prices tumbling below $90 after briefly surging on Hormuz disruptions and supply curtailments. The retreat followed signals that hostilities could ease and talk of reserve releases, even as Saudi Arabia began trimming output and banks warned of volatility’s drag on equities and inflation expectations.
Source: Seeking Alpha
Big banks weigh suing OCC over crypto trust charters for Ripple, Circle and others
U.S. banking groups are considering legal action against the OCC for granting national trust charters to crypto firms without the full capital and deposit-insurance regime of traditional banks. The clash over Ripple, Circle, BitGo and others highlights how digital-asset custody and issuance are entering the banking perimeter—and how incumbents want stricter parity on oversight and resolution.
Source: FinanceFeeds
Nasdaq teams with Kraken’s Payward to build gateway for tokenized equities
Nasdaq and Payward plan an “equities transformation gateway” that will let issuer-sponsored, tokenized shares move between regulated markets and public blockchains via the xStocks framework. The design aims to keep issuer rights, price integrity and compliance intact while enabling 24/7, programmable settlement and broader on-chain utility for equities.
Source: FinanceFeeds
Nasdaq links European venues to Boerse Stuttgart’s Seturion DLT settlement
In Europe, Nasdaq will connect its trading venues to Boerse Stuttgart’s Seturion platform to settle tokenized structured products over distributed ledgers. The move targets shorter settlement cycles and cross-market interoperability under the EU’s DLT Pilot Regime, pushing tokenization from pilots toward live, regulated post-trade infrastructure.
Source: FinanceFeeds
CFTC chief signals policy reset: “We do not decide what people should be able to trade”
Chairman Michael Selig said the CFTC will prioritize fraud/manipulation enforcement over “regulation by enforcement,” scrap certain climate initiatives, and publish guidance for prediction markets. The stance suggests a more rules‑based, tech‑neutral approach to derivatives and event contracts, with formal rulemaking favored over case-by-case crackdowns.
Source: Finance Magnates
Broadridge plugs Crypto.com into NYFIX to route crypto orders like any other asset
Broadridge connected Crypto.com to its NYFIX FIX network, letting 2,200+ institutional participants route digital-asset orders over the same pipes they use for equities and derivatives. The integration lowers operational friction for traditional desks entering crypto and underscores the convergence of legacy order-routing with digital-market liquidity.
Source: FinanceFeeds
Stablecoin market cap hits a record $313B as risk-off money parks on-chain
Dollar‑pegged token supply climbed to an all‑time high, led by USDT and USDC, even as broader crypto prices wobbled on geopolitical turmoil. The surge highlights stablecoins’ dual role as liquidity “parking lots” and settlement rails, with Ethereum and Tron the main issuance backbones.
Source: FinanceFeeds
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