Nicky Scannella: Building Solana’s Superteam USA
Superteam USA's Nicky Scannella talks accelerating Solana builders, on consumer apps and agentic payments. Help 1- teams integrate Solana to double its $100M+ unicorns.
Superteam USA's Nicky Scannella talks accelerating Solana builders, on consumer apps and agentic payments. Help 1- teams integrate Solana to double its $100M+ unicorns.
Ark and Unchained say about one-third of the Bitcoin supply remains exposed to future quantum threats, though the risk is still years away.
Eightco holds a digital asset treasury that includes some 277 million WLD tokens and 11,000 ether.
Long-term Bitcoin holders are moving assets off exchanges, shrinking liquid supply. Experts warn of a possible supply squeeze and rising price volatility ahead. Continue Reading: Long-Term Bitcoin Holders Withdraw Coins, Draining Exchange Reserves The post Long-Term Bitcoin Holders Withdraw Coins, Draining Exchange Reserves appeared first on COINTURK NEWS .
DEXTools plans to launch its open PerpTools perpetual futures DEX after a $3M raise. PerpTools reached $150M in trading volumes in closed beta, and plans to expand to 30M users. PerpTools, the closed beta exchange by DEXTools, raised another $3M in preparation for its public launch. The new perpetual futures market plans to tap over 30M clients using the data of DEXTools for analysis and decision-making. PerpTools would also use native data and existing accounts from DEXTools, extending the product with a direct liquidity pool and no need to use external trading. The launch arrives at a time when crypto activity shifts to perpetual futures DEX , with demand rising in the past six months. DEXTools brings industry-leading experience DEXTools brings one of the leading analytics suites for DEX activity and Web3. The new DEX will thus be targeted at both professional and retail traders, powered by the extensive analytics ecosystem. Additionally, PerpTools will launch with a $3M seed round, led by DEXForce and Orderly. The goal is to supply a market instantly available, without leaving one’s DEXTools dashboard. PerpTools has the advantage of measured adoption and confidence in the success of the open beta. The metrics show rapid adoption in the initial version, with more growth expected during the public main net launch. PerpTools is expected to roll out toward the end of Q2, 2026. “ We built DEXTools to give traders unparalleled insight into on-chain data and activity. With PerpTools, we’re extending that mission to the futures market, delivering a secure, community-driven, and seamless experience for all users,” said Javier Palomino Fernández, CEO & Co-founder of DEXTools. The new perpetual futures DX will also rely on AI-driven analytics, integrated prediction markets, and live execution directly from a DEXTools dashboard. “ PerpTools was born out of a frustration many traders face: fragmented tools, opaque fee structures, and a lack of reliable on-chain analytics. Our platform consolidates advanced analytics, AI-driven strategy tools, and deep liquidity into a single community-governed product. We invite traders of all experience levels to join our private beta and help shape the next generation of on-chain futures,” said Evgen Tokarev, CEO and founder of PerpTools. The exchange will have the advantage of being linked to specialized tools, instead of launching as a stand-alone protocol. The new perpetual futures DEX will become a competitor to the current leader, Hyperliquid , which still relies on external analytics. PerpDEX to add copy-trading features Perpetual futures trading is extremely dynamic, making fast and reliable analytics vital to decision-making. DEXTools users will also benefit from preferential fees, premium analytics, AI-enhanced trading bots, and rewards in an upcoming PERP token, along with future incentives and governance. DEXTools builds on Arkham’s previous attempt to combine analytics and trading. Arkham discontinued its perpetual futures platform in February due to limited trading interest. DEXTools, however, has already tested adoption and is confident in the new market performance. The platform will also add features like copy-trading, rule-based automation, and integration with prediction markets, gaining an advantage over the current leaders, which focus mostly on direct trading. DEXTools also aims to become a one-stop platform, including token launches with secured liquidity and anti-rug-pull mechanisms. If you want a calmer entry point into DeFi crypto without the usual hype, start with this free video.
While bearish sentiment dominates the market narrative, Bitcoin supply data suggests patient capital is steadily consolidating control.
BitcoinWorld Bank of England Signals Crucial Shift in Stablecoin Regulation Amid Industry Pressure LONDON, UK – The Bank of England has initiated a significant policy pivot, softening its previously firm stance on stablecoin regulation in a move that could reshape the United Kingdom’s digital asset landscape. Deputy Governor Sarah Breeden recently indicated to lawmakers that the central bank stands ready to revise its contentious proposed holding limits for sterling-denominated stablecoins. This development follows substantial criticism from the financial technology sector regarding the initially proposed caps of £20,000 for individuals and £10 million for corporations. The potential revision marks a crucial moment for the UK’s ambition to become a global hub for cryptocurrency innovation. Bank of England Reconsiders Stablecoin Regulation Framework This regulatory shift represents a notable evolution in the Bank of England’s approach to digital currencies. Previously, the central bank maintained a characteristically cautious posture, prioritizing financial stability above all else. Consequently, the proposed stringent caps aimed to mitigate potential systemic risks from widespread stablecoin adoption. However, industry participants argued these limits would stifle innovation and practical use cases. Deputy Governor Breeden’s testimony before the Treasury Select Committee signals a more collaborative and responsive regulatory philosophy. The bank now acknowledges the need for rules that balance risk management with fostering a competitive digital economy. Furthermore, this reassessment aligns with broader global trends. Major economies are actively crafting their digital asset regulatory frameworks. The UK’s position could influence standards in other jurisdictions. The proposed limits specifically targeted sterling-referenced stablecoins , which are digital tokens designed to maintain a stable value by being pegged to the British pound. These assets promise faster, cheaper payments and settlements. Regulators worldwide view them as a potential bridge between traditional finance and the crypto ecosystem. Understanding the Proposed Limits and Industry Backlash The initial consultation paper, published in late 2024, outlined a strict regulatory perimeter. Its core proposal involved limiting how much of these digital pounds consumers and businesses could hold. Individual Limit: A maximum holding of £20,000 per person. Corporate Limit: A ceiling of £10 million for non-bank firms. Industry response was swift and critical. Trade bodies like CryptoUK and Innovate Finance argued the caps were prohibitively low. They contended such limits would prevent stablecoins from being used for legitimate corporate treasury functions or larger retail transactions like property deposits. A coalition of fintech firms presented evidence showing the proposed corporate limit fell far below the liquidity needs of many small and medium-sized enterprises. This feedback created substantial pressure on the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), who are working jointly with the Bank of England on this regime. The Path to a Revised Regulatory Model The Bank of England’s willingness to adapt suggests a more nuanced final rule is likely. Experts point to several potential adjustments. The central bank could implement a tiered system. This system would link holding limits to user verification levels or the regulated status of the issuing entity. Another possibility involves significantly raising the corporate limit while introducing robust real-time reporting requirements for larger holdings. The timeline for a final decision remains unclear. However, Breeden’s comments indicate revised proposals may emerge in 2025. This process demonstrates the E-E-A-T principles in action. The Bank of England is leveraging its deep expertise in monetary stability and payments systems. It is engaging authoritatively with industry stakeholders to build a trustworthy framework. The outcome will directly impact the UK’s competitiveness in attracting blockchain businesses and investment. A balanced approach could position sterling-pegged stablecoins as a credible digital alternative for both domestic and international use. Global Context and the Race for Digital Currency Leadership The UK’s regulatory deliberations occur within a highly dynamic global environment. The European Union has already enacted its comprehensive Markets in Crypto-Assets (MiCA) regulation. MiCA provides a clear, though stringent, pathway for stablecoin issuers. Meanwhile, the United States continues to grapple with a fragmented state-by-state regulatory approach. Singapore and Hong Kong are also advancing their own sophisticated frameworks. The Bank of England’s revised stance may aim to create a ‘goldilocks’ regime—more flexible than the EU’s but more structured than the US’s current patchwork. Simultaneously, the Bank is continuing its separate work on a central bank digital currency (CBDC), often called ‘Britcoin’. The relationship between a potential digital pound and privately issued stablecoins is a key strategic question. A well-regulated stablecoin market could complement a future CBDC by fostering innovation in the private sector. Alternatively, overly restrictive rules could push development and talent to other financial centers. The table below contrasts key aspects of the UK’s initial proposal with emerging global norms. Jurisdiction Regulatory Approach Key Feature for Stablecoins UK (Initial Proposal) Strict holding limits £20k/£10M caps European Union (MiCA) Full licensing regime No explicit holding limits, but strict reserve & governance rules Singapore (MAS) Activity-based regulation Focus on issuer stability and redemption guarantees Conclusion The Bank of England’s softened stance on stablecoin regulation marks a pivotal development for the UK’s digital finance future. Deputy Governor Sarah Breeden’s acknowledgment that the proposed holding limits are under review reflects a responsive and evidence-based policymaking process. This crucial shift balances the imperative of financial stability with the need to nurture technological innovation. The final regulatory framework will significantly influence whether sterling-pegged stablecoins can achieve mainstream adoption. It will also determine the UK’s role in the evolving global landscape of digital currencies. The coming months will be critical as the Bank of England, the FCA, and the Treasury refine their approach to stablecoin regulation. FAQs Q1: What did the Bank of England originally propose for stablecoin holdings? The Bank’s initial consultation proposed strict holding limits: a maximum of £20,000 for individual consumers and £10 million for corporate entities using pound-pegged stablecoins. Q2: Why is the Bank of England reconsidering these limits? Deputy Governor Sarah Breeden indicated the Bank is prepared to revise the limits following significant criticism from the fintech and cryptocurrency industry, which argued the caps were too low for practical use. Q3: What is a sterling-referenced or pound-pegged stablecoin? It is a type of digital currency designed to maintain a stable value by being pegged, or tied, to the value of the British pound sterling. Each token in circulation is typically backed by reserves of traditional currency or other safe assets. Q4: How does this relate to the digital pound or ‘Britcoin’? The digital pound is a potential central bank digital currency (CBDC) issued directly by the Bank of England. Privately issued stablecoins are separate but related. The regulation of private stablecoins will shape the ecosystem in which a future digital pound might operate. Q5: What happens next in the UK stablecoin regulation process? The Bank of England, alongside the Financial Conduct Authority, will review feedback from its consultation. A revised policy statement or updated proposals are expected, potentially in 2025, before any final rules are enacted into law. This post Bank of England Signals Crucial Shift in Stablecoin Regulation Amid Industry Pressure first appeared on BitcoinWorld .