Blackrock discusses cryptocurrency regulation with the SEC to push for an urgent review of the rules.
Blackrock advocates for bold updates to cryptocurrency regulations at the SEC, highlighting urgent reforms regarding staking, tokenization, and ETFs to change the regulation of the digital asset market.
Blackrock's crypto strategy is shifting — the SEC is under pressure to rethink digital asset regulation. On May 9, Blackrock, the world's largest asset manager, met with members of the SEC's cryptocurrency working group to discuss key regulatory issues facing the digital asset industry. The meeting, detailed in a memorandum published by the SEC, showed that Blackrock sought to initiate a dialogue on developing an approach to crypto products, including staking, tokenization, and the approval process for exchange-traded products (ETPs). According to the SEC:
The topic of discussion was approaches to addressing issues related to the regulation of crypto assets. $BNB $XRP
Bitcoin vs Social Security: Former Maryland Governor's Statement on Financial Pyramid Sparks Anger.
Former Maryland Governor Martin O'Malley recently compared bitcoin to a Ponzi scheme while defending the U.S. Social Security Administration. This comparison drew criticism from bitcoin supporters, who argued that it is Social Security that resembles a Ponzi scheme.
O'Malley: Trump Administration After $2.6 Trillion Social Security Surplus In his recent speech defending the U.S. Social Security Administration (SSA), former Maryland Governor Martin O'Malley compared bitcoin (BTC) to a Ponzi scheme, provoking an angry response from bitcoin supporters. Defending the SSA, which he claimed has not missed a payment in its history, O'Malley suggested that the Trump administration, and specifically billionaire Elon Musk, aims for its surplus of $2.6 trillion. $BTC $BNB $XRP
BIS research shows that low-cost bitcoin transfers are changing remittances against a backdrop of high traditional costs.
A new study by the Bank for International Settlements shows that cross-border flows of crypto assets reached $2.6 trillion in 2021, with stablecoins and emerging markets transforming global financial networks.
High inflation is driving the adoption of bitcoin and stablecoins in emerging markets, BIS research shows. In the latest working paper of the Bank for International Settlements (BIS) No.1265, it is noted that cross-border flows of crypto assets reached $2.6 trillion in 2021, accounting for 12% of global goods trade, with stablecoins making up nearly half. The study, authored by Raphael Auer, Ulf Levrik, and Jan Paulik, analyzes transactions with bitcoin, ethereum, and stablecoins in 184 countries from 2017 to mid-2024. $BTC $BNB
When the headlines about the trade war faded into the background last week, the markets exhaled — and Bitcoin surpassed the $97,000 mark. Meanwhile, Token2049 Dubai offered both spectacle and substance.
This editorial piece is taken from last week's edition of the 'Week in Review' newsletter. Subscribe to the weekly newsletter to receive the editorial piece as soon as it is completed.
TRUMP token fell by 87%, but the Trump family remains in great profit Donald Trump's family received $320 million amid the hype surrounding the namesake meme coin, CoinDesk reports. Most of the profits were realized before the decline began, while hundreds of thousands of retail investors went into the red. The paradox of meme coins in action. $TRUMP
‘A lot of room for growth’: Bill Miller IV believes Bitcoin is still in the early stages of its rise Bill Miller IV, Chief Investment Officer of Miller Value Partners, told CNBC that cryptocurrency management is rapidly evolving. He added that Bitcoin has crossed the six-figure threshold again and, in his opinion, still has ‘a lot of room for growth’.
Miller calls Bitcoin a check against fiat abuse, hints at a potential of $20 trillion During a discussion with CNBC, Miller noted that U.S. oversight of digital assets—primarily stablecoins—remains in its early stages. He referenced the Senate's failure to advance stablecoin legislation as evidence of regulatory ambiguity but portrayed the setback as a moment that could guide politicians toward clearer rules. Miller’s authority stems from his pedigree in value investing and his early, vocal embrace of Bitcoin, which he began buying personally in 2013 and later publicly advocated in 2015 as a logical investment for patient capital. $BTC $ETH $BNB
Vitkoff negotiated with Putin without his translator, violating protocol, — NBC News
According to the publication, citing sources, Trump's special representative on March 13 and April 11, Vikroff "used" a Russian translator.
If they speak to each other in Russian, he does not understand what they are saying.
Two former American ambassadors reported that Vitkoff does not speak Russian. Thus, by using Kremlin translators, he risked missing some nuances in Putin's messages and would not be able to independently verify what he was told. $BNB $BTC
Tokenized U.S. Treasury Bonds Near $7 Billion as Investors Flood Digital Bonds with $390 Million in One Week.
According to the latest data, tokenized U.S. Treasury Bonds continue their upward trend, recording a 6% increase since May 2, 2025.
Tokenized Treasury Bonds - $6.89 billion and growing Last Friday, May 2, the total value of tokenized U.S. Treasury Bonds reached $6.5 billion - a historic milestone. In just one week, this figure grew by 6%, expanding to $6.89 billion and attracting approximately $390 million in new capital.
Since January 1, 2025, the tokenized Treasury Bond sector has grown by 71%, increasing from $4.03 billion to the current valuation of $6.89 billion. Blackrock's U.S. Dollar Institutional Digital Liquidity Fund (BUIDL) received an infusion of $36 million since May 2, raising its total value from $2.871 billion to $2.907 billion. $BTC $BNB
Zelensky published a joint statement by the leaders of France, Germany, Poland, the United Kingdom, and Ukraine following their meeting in Kyiv. — The leaders of the countries agreed that a complete ceasefire should begin on Monday (May 12) and last for at least 30 days. They demand that the ceasefire be comprehensive: in the air, at sea, and on land. This requires effective monitoring that can be implemented in close coordination with the United States. — The call for a ceasefire and substantive negotiations is supported by both Europe and the United States. — If Russia refuses to implement a complete ceasefire, stricter sanctions should be applied to the banking and energy sectors of the Russian Federation, targeting fossil fuels, oil, and the shadow fleet. — The countries agreed to adopt a powerful 17th package of EU sanctions and coordinate it with the sanctions imposed by the United Kingdom and Norway, as well as the United States. The countries also agreed to continue working on the use of frozen Russian assets and to discuss this issue at the next G7 summit. $BTC $XRP $BNB
The cryptocurrency market has turned upward: Ethereum surpasses Bitcoin!
The cryptocurrency market is experiencing a second wind: Ethereum (ETH) has jumped 30% in two days, soaring above $2400 for the first time. This growth is the most significant since 2021 and has triggered massive liquidations of short positions — over $1.2 billion in just one day.
Among the reasons for this rally are the positive macroeconomic conditions in the USA: the resumption of trade negotiations and the willingness of banks to offer cryptocurrency services to their clients. The successful launch of the Pectra upgrade on Ethereum has also rekindled interest in the cryptocurrency.
Meanwhile, altcoins have also shown growth, with Dogecoin (DOGE) rising nearly 27%. Bitcoin's dominance index has fallen from 65.4% to 63.6%, confirming the flow of capital into alternative assets.
Stay tuned to the market and keep informed of events! $BTC $ETH $BNB
Генеральний директор BlackRock сказав: «Ми побачимо, що #Bitcoin значно перевищить 500 000 доларів у наступні 5-10 років, що зробить його активом вартістю понад 10 трильйонів доларів». #BTCBackto100K $BTC
Ukraine is ready for direct negotiations with Russia in case of a ceasefire, Axios reports citing sources
According to two sources, today the leaders of the 'coalition of the determined' had a 15-minute conversation with Trump. Both Zelensky and European leaders reportedly assured him that if an agreement on a ceasefire is reached, Ukraine is ready to begin direct peace negotiations with Russia. $BTC $BNB $XRP #TradeOfTheWeek #AltcoinSeasonLoading