Government Defeated As Lords Back UK Digital Assets Strategy

The UK government suffered a defeat in the House of Lords on Wednesday as peers backed an amendment requiring the Treasury to draw up a national strategy for regulating digital assets.  The upper chamber approved the measure by 194 votes to 138, with Conservative and Liberal Democrat peers combining against a near-solid bloc of Labour votes. Baroness Neville-Rolfe, a Conservative former Treasury minister, moved the amendment to the Financial Services and Markets Bill.  The new clause, titled “Digital assets strategy,” would require the Treasury to prepare, publish and consult on a strategy for regulating and developing digital assets and related digital financial market infrastructure in the UK.  The regulation of digital assets includes “cryptoassets, qualifying stablecoins, Central Bank Digital Currencies, tokenised securities and other digital and tokenised financial assets,” according to the draft.  The UK is in the process of drafting a sweeping new crypto bill. The countrys Financial Conduct Authority finalised its regulatory framework for cryptoassets in June, with the regime due to take effect on 25 October 2027. The authorisation gateway for firms opened on 30 September and runs to 28 February 2027.  Britain is trailing behind Brussels and Washington with digital asset regulation. The EUs Markets in Crypto-Assets regulation has applied to

09-12انڈسٹری

Wall Street Rallies Following August Inflation Report: Understanding the Surge

Key TakeawaysThe August Consumer Price Index climbed 0.4% month-over-month and 3.4% year-over-year, matching analyst predictionsFederal Reserve rate increase probability jumped to 87% for the upcoming meetingMajor indices—Dow Jones, S&P 500, and Nasdaq—each advanced approximately 1%, ending a four-session declineMarket experts attribute the surge to decreased uncertainty surrounding monetary policyOracle stock climbed over 2% following robust cloud revenue performance  U.S. stocks surged Friday following the release of Augusts inflation metrics, which elevated the likelihood of a Federal Reserve interest rate increase next week to nearly guaranteed levels.  The Dow Jones Industrial Average jumped approximately 506 points, representing a 1% gain. Meanwhile, the S&P 500 advanced 1%, and the Nasdaq Composite increased 1.2%. The three major benchmarks all snapped a four-session decline.  E-Mini S&P 500 Sep 26 (ES=F)  The market response followed Consumer Price Index figures revealing prices climbed 0.4% for the month and 3.4% year-over-year. These readings aligned with Wall Street expectations, though they registered slightly warmer than Julys measurements.  Discover more  News  Merchant Services & Payment Systems  financial  The Paradox: Rising Markets on Elevated Inflation  The stock markets positive reaction to hotter-than-desired inflation figures may appear counterintuitive. The explanation centers on market clarity.  According to David Wagner, head of equities at Aptus Capital Advisors, the data eliminated significant ambiguity for market

09-12انڈسٹری

Crypto Trader Gains $10 Million with Aggressive HODL Strategy

A crypto trader known as Point Farm Capital has turned a bet on the Solana-based meme coin STONK into more than $10 million in profit by sticking to an aggressive hold strategy.  According to on-chain analytics from Lookonchain, the trader now holds 35.7 million STONK tokens, valued at roughly $10.55 million, making them the tokens largest single holder.  How the Position Reached $10 Million  The unrealized profit stands near $9.81 million on an initial investment of about $542,000, a return exceeding 1,800%.  The average entry market cap was around $12 million, while STONK has since climbed to roughly $255 million, delivering outsized gains for early accumulators who refused to sell.  On-chain data shows a pattern of consistent buying during the tokens early stages, followed by disciplined holding as price action turned bullish.  Follow us on X to get the latest news as it happens.  Trader @pointfarmcap has made over $10M in profit on solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx!  He now holds 35.7M solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx($10.55M), making him the largest solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx holder.… pic.twitter.com/pF1WNVDPqz  — Lookonchain (@lookonchain) September 11, 2026  That approach contrasts with the high-frequency flipping common in meme coin markets, where traders typically take quick profits rather than let positions compound.  Earlier data tracking the same account on the FOMO leaderboard showed that the position had swung

09-12انڈسٹری

Polygon [POL] faces a $1.29M FalconX deposit – Can $0.08934 hold?

Polygon [POL] encountered renewed supply pressure as FalconX moved 14 million tokens valued at $1.29 million into the Binance exchange amid its ongoing price correction.  This transaction marked FalconXs largest POL deposit to Binance this week, hence raising fresh exchange-side supply concerns among traders.  At the time of this writing, Polygon was trying to stabilize around $0.09349 after pulling back rapidly from its late-August peak around the $0.125 zone.  The transfer therefore arrived at a time when bulls were already working to stabilize the broader price structure.  Moving tokens into Binance introduced readily available exchange supply, thus creating potential selling pressure.  The transaction itself however did not confirm that FalconX sold those tokens, but rather introduced additional supply risk as POL sat around a key demand region.  Buyers would need to absorb any incoming selling pressure to protect the establishing recovery structure.  Top traders keep their bullish conviction  The derivatives positioning on the other hand provided a different outlook. According to CoinGlass, Binance top traders maintained substantial long exposure despite FalconXs exchange deposit.  Specifically, the long positions accounted for around 63.21%, against 36.79% for short positions. The resulting 1.72 Long/Short Ratio reflected a clear support for bullish positioning.  Interestingly, the conviction persisted while POL consolidated around its demand area following

09-12انڈسٹری

Nasdaq deepens Kraken ties with proposed $100 million Payward investment

Nasdaq has agreed to invest $100 million in Payward, the parent company of Kraken, while Payward plans to adopt Nasdaq market-surveillance technology across its trading businesses. The two moves add capital and market-integrity infrastructure to an existing partnership focused on tokenized equities.  The proposed investment, made through Nasdaq Ventures, gives the relationship a new financial dimension. Nasdaq and Payward also said they will continue developing the operational and commercial systems for planned Nasdaq Equity Tokens, or NETs.  According to the companies announcement, Payward will deploy Nasdaq surveillance tools across a portfolio of trading venues that includes crypto, equities, tokenized equities, futures and options. That expands the relationship beyond the planned distribution and settlement framework for NETs and into technology used to monitor trading across several markets.  Related Company Nasdaq An American stock exchange  The announcement describes an agreement to invest, not a completed transaction. It does not disclose a closing date, Payward valuation, ownership percentage or governance rights for Nasdaq. The available terms therefore do not establish how much influence Nasdaq could gain over Payward.  The partnership predates the investment. In March, the companies announced plans for an equities transformation gateway connecting Nasdaqs proposed issuer-sponsored tokens with Paywards xStocks tokenized-equity ecosystem in eligible jurisdictions.  The Sept.

09-12انڈسٹری

Australian Dollar holds firm as hotter US inflation fails to cement Greenback's advantage

AUD/USD is edging higher today but is yet to retake the 0.7200 mark on Friday. The pair is clawing back part of the previous sessions sharp sell-off after hitting multi-month highs in the high 0.7200s. The recovery holds even after a firmer-than-expected United States (US) inflation print that would normally weigh on the Aussie.  US core Consumer Price Index (CPI) data ran hotter than forecast in August, strengthening the case for a Federal Reserve (Fed) rate hike at next weeks meeting. Though headline CPI rose 0.4% MoM, in line with expectations, core inflation increased 0.3%, its fastest pace since April and above the 0.2% consensus.  Higher Crude and rising front-end yields would normally support the US Dollar, but it has struggled to follow either signal. A growing US policy premium has taken hold of FX pricing and weakened those traditional links. Investors remain wary of the policy mix, the fiscal outlook, and efforts to hold down long-term borrowing costs. That hesitation is helping the Aussie keep its ground.  The 2-year US Treasury yield, the one most sensitive to Fed policy, pushed up to around 4.62% and rose roughly 3 basis points on the day as it leaned into a near-term interest rate hike.

09-12انڈسٹری

Is Neverless Regulated? A MiCA Company Profile

Editorial company profile — fact-checked by Neverless on 8 and 9 September 2026.This is the English-language edition of a definitive company profile prepared by The Cryptonomist. Every company-supplied figure and statement is labelled as such; regulatory facts are drawn from the registers of Latvijas Banka, ESMA and the AMF. Publication is editorial and is not conditioned on any purchase.  In one line:Neverless is a London-founded, ex-Revolut-led crypto and investment platform whose Latvian entity, Neverless SIA, was authorised by Latvijas Banka on 20 May 2026 as the fourth MiCA crypto-asset service provider (CASP) licensed in Latvia — covering five crypto-asset services defined under MiCA, including the comparatively uncommon portfolio-management scope, and passported to every EEA state — while a separate group entity, Boku Securities SIA, holds an older MiFID II licence that underpins the platforms stock-trading product.  At a glanceMiCA-licensed entityNeverless SIA (Latvian register no. 40203638969), Mārupe, LatviaMiFID-licensed entity (same group, separate legal person)Boku Securities SIA (Latvian register no. 40203530771), same registered address per Latvijas Banka‘s register; the separate-entity structure within the group is company-confirmed, 9 September 2026FoundedJune 2022, in London, by Phuc To, Arthur Johanet and Mikael Peydayesh — all former Revolut executivesMiCA licenceNo. 27-55/2026/8, granted by Latvijas Banka, valid from 20

09-12انڈسٹری

Bank stablecoins can earn DeFi yield, but holders bear the risk: Katana CEO

Katana CEO Matt Fisher has said a dollar stablecoin planned by 21 financial institutions for the first half of 2027 could generate yield through independent DeFi protocols, although holders would assume risks not covered by its issuing banks.  Katana CEO Matt Fisher told crypto.news that the GENIUS Act restriction applies to permitted stablecoin issuers, not necessarily to how holders use tokens after receiving them, though he described his position as a market-structure view rather than legal advice.  “The GENIUS Act stops the issuer from paying yield; it doesn‘t stop the holder from putting the dollar to work somewhere the issuer doesn’t control. Once a compliant stablecoin leaves the issuer and moves into an independent protocol, yield can come from genuine economic activity.”  Bank stablecoins may leave tokenized cash idle  Fishers comments follow a Sep. 1 commitment by Bank of America, Citi, Goldman Sachs, UBS and 17 other financial institutions to establish a new stablecoin company during the second half of 2026, subject to closing conditions.  As detailed in a recent 21-firm stablecoin plan, the unnamed venture expects to introduce a dollar-denominated token in the first half of 2027. It may later add tokens tied to other G7 currencies, with a euro product listed as its

09-12انڈسٹری

Indian state Maharashtra eyes tokenized power grid funding

Indias Maharashtra state has begun preparing policies to tokenize up to 50% of selected electricity transmission assets to finance new power lines and solar energy storage facilities.  SummaryMaharashtra may tokenize 40% to 50% of selected transmission lines.Token holders could receive part of the revenue generated by Maharashtra Transco.Proceeds could finance new transmission capacity and solar power storage centers.The proposed DELTA Act would cover blockchain-based property tokenization across the state.  Maharashtra considers tokens tied to power revenue  Praveen Pardeshi, chief economic adviser to Maharashtra Chief Minister Devendra Fadnavis and CEO of the Maharashtra Institution for Transformation, outlined the plan at The Box Launch, an invitation-only event held at the World Trade Center in Mumbai.  Real estate tokenization company RealX and MST Blockchain hosted the event, where Pardeshi described how Maharashtra could use digital tokens to raise money against revenue-producing state assets without selling the assets outright.  Under one possible structure, the state could tokenize 40% to 50% of an electricity transmission line. Investors who purchase the tokens would then receive a share of the income earned by Maharashtra State Electricity Transmission Company, commonly known as Maharashtra Transco.  You might also like:  Crypto gridlock could benefit China, official warns  Pardeshi said Maharashtra could direct the capital raised through token sales

09-12انڈسٹری

Anchorage Digital adds institutional access to Frgmnts fUSD stablecoin

Anchorage Digital has partnered with stablecoin protocol Frgmnt to give institutional clients access to its fUSD and sfUSD tokens through Anchorages custody platform.  The integration will allow institutions to hold, mint, redeem, stake and unstake fUSD without setting up a separate custody arrangement, according to a Friday announcement.  Frgmnt is a stablecoin protocol built on Base that issues fUSD against USDC, with the backing deployed across onchain lending markets. Users can stake fUSD for sfUSD to earn rewards generated by the protocols underlying strategies.  The protocol has about $100,000 in total value locked, according to DeFiLlama data, while operating under a capped, invite-only beta. Frgmnt plans to open public access and raise its deposit cap on Sept. 15.  Frgmnt said sfUSD was generating 13.32% APR as of Sept. 4, though yields vary with conditions in the underlying lending markets.Source: frgmnt  Anchorage Digital Bank is a US federally chartered crypto bank regulated by the Office of the Comptroller of the Currency and operates as part of the broader Anchorage Digital platform, which was valued at $4.2 billion in February following a $100 million investment from Tether.  Related: Anchorage Digital brings off-exchange settlement to Binance  Anchorage expands institutional onchain access  The Frgmnt partnership adds to Anchorage Digitals growing role as

09-12انڈسٹری
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