1. Bitcoin & Crypto Stocks Rally on Trump’s Support
Bitcoin rose ~0.9% to $107,752, while MicroStrategy and Coinbase stocks climbed—3.2% and 2.3%, respectively—driven by market optimism around President Trump’s crypto-friendly stance and recent bipartisan tax-and-spend legislation.
2. Robinhood’s EU Launch of Tokenized U.S. Stocks Sparks Price Hikes
Robinhood launched tokenized U.S. stocks and ETFs for EU users, covering over 200 tickers, with 24/5 trading and minimal FX fees. This innovation triggered an 83% price-target boost from KeyBanc and helped HOOD shares jump ~1.6%.
3. FATF Warns $51B in Illicit Crypto Activity
The Financial Action Task Force reported that $51 billion in crypto flowed into illicit wallets in 2024, with just 40 of 138 countries compliant with AML/CTF standards. Stablecoins remain a major channel for money laundering and illicit finance.
4. Kraken Unveils Peer‑to‑Peer Crypto & Fiat Payments App
Kraken launched “Krak,” a peer-to-peer payments app allowing crypto and fiat transfers across 100+ countries, aiming to boost accessibility and streamline global one-to-one transactions.
