Tag: Digital

Steve Sosnick: Bitcoin’s volatility hinders its role as a safe haven, gold outperforms during downturns, and digital asset treasury companies may be overvalued

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Bitcoin’s rising volatility challenges its role as a safe haven compared to traditional assets like gold. Key takeaways Bitcoin’s status has shifted to a risk asset, performing well during monetary accommodation periods. Its volatility needs to align more closely with traditional currencies for broader acceptance. The crypto market must reassess its position amidst rising demand for traditional safe havens like gold. Precious metals are increasingly sought after as safe havens, with yields on treasuries and bonds rising. Bitcoin’s perception as a risk asset is influenced by its success with ETF…

Galaxy Digital Reports $482M Net Loss in Q4 2025

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The crypto company reported significant net losses to its balance sheet in 2025 due in part to “lower digital asset prices and approximately $160 million of one-time costs.“ Digital assets and AI infrastructure company Galaxy Digital reported a net loss of $241 million over 2025 and a loss of $482 million in the fourth quarter alone, citing a decline in crypto prices over the year. In its quarterly financial statements shared Tuesday, Galaxy said its losses over Q4 2025 were “driven primarily by the depreciation of digital asset prices,” while…

White House to lead talks on digital asset legislation with banks and crypto firms

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The White House will convene talks next week with executives from major banks and crypto companies to discuss the path forward for US digital asset legislation, according to a Reuters report. The discussions will center on how the Clarity Act treats interest and other rewards offered on customer holdings of dollar-pegged stablecoins. The Clarity Act aims to establish federal rules for digital assets following years of industry lobbying for clearer regulation. Crypto firms argue that offering rewards such as interest is critical for attracting and retaining users, and that restricting…

Morgan Stanley Appoints Head of Digital Asset Strategy

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Morgan Stanley has tapped veteran executive Amy Oldenburg to lead the investment bank’s new crypto unit, just weeks after announcing plans to launch three crypto exchange-traded funds and a crypto wallet. Oldenburg will transition to head of digital asset strategy after working in Morgan Stanley’s emerging markets equity team since 2001, Bloomberg reported on Tuesday. Oldenburg has been leading the emerging markets team since November 2021, where she was tasked with driving the division’s digital asset strategy. Job listings on LinkedIn show the $2 trillion investment bank is also looking…

Laser Digital seeks US bank charter amid regulatory thaw under Trump-era OCC

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Laser Digital, Nomura’s crypto arm, has applied for a national trust bank charter with the US OCC to launch federally regulated crypto custody and spot trading services, according to a Financial Times report. The move would allow the firm to bypass state-level licenses and operate under a unified federal framework. The application joins a wave of OCC charter filings as crypto and fintech firms pursue access to traditional banking infrastructure. Fourteen such applications were filed in 2025, nearly matching the total from the previous four years. The surge reflects a…

Nomura-Backed Laser Digital Reportedly Applies for US Bank Charter

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Laser Digital, a full-service digital asset company backed by Japanese financial group Nomura, has reportedly filed for a US national bank trust charter, signaling that crypto-focused companies are seeking deeper integration into the US financial system amid a more permissive regulatory environment. Citing sources familiar with the matter, the Financial Times reported Tuesday that Laser Digital had submitted its application to the Office of the Comptroller of the Currency (OCC). The charter would allow the company to operate at the federal level without applying for state-by-state custody licenses. The company…

Ripple’s GTreasury launches treasury platform for digital assets

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GTreasury, a Ripple-owned company and global leader in treasury management systems, has launched Ripple Treasury, a unified treasury platform designed to modernize cash and liquidity management for global enterprises. Today, we’re proud to introduce Ripple Treasury, Powered by GTreasury: the world’s first comprehensive treasury platform combining 40 years of proven enterprise expertise with cutting-edge digital asset infrastructure. Many finance teams are stuck managing growing complexity… pic.twitter.com/4scNUggARS — GTreasury (@GTreasury) January 27, 2026 The solution combines traditional treasury functions with enterprise-grade digital asset infrastructure, helping finance teams streamline operations through AI-powered…

Tether debuts USAT stablecoin to support US digital financial infrastructure

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Tether has launched USAT, a new US-regulated, dollar-backed stablecoin created for the federal stablecoin framework introduced by the GENIUS Act, the company said in a Tuesday statement. The token is issued by Anchorage Digital Bank, the nation’s first federally regulated stablecoin issuer, and led by CEO Bo Hines. According to Tether CEO Paolo Ardoino, the stablecoin gives institutions an additional choice for a dollar-backed token produced in America, complementing USDT’s established reputation for reliability and transparency, and introducing a federally compliant solution specifically for American users. “USDT has proven for…

Japan’s financial watchdog opens public feedback on digital payment and crypto oversight

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Japan’s Financial Services Agency (FSA) has opened a public comment period on draft implementation rules affecting crypto, electronic payment instruments, and financial institutions. According to a recent press release, the proposals clarify how the 2025 amendments to the Payment Services Act will be enforced in practice, including updates to official notices, administrative guidelines, and supervisory rules. The underlying law was enacted in June 2025, and the FSA is now finalizing the accompanying regulatory framework. The draft proposals address multiple areas, including new designations for bonds used as backing assets, regulatory…

Gold’s Digital Rally Signals Dollar Stress as Tokenized Gold Surges

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The market for tokenized gold is expanding in step with rising demand for physical bullion, highlighting a broader shift toward traditional safe-haven assets as geopolitical tensions and trade uncertainty push investors away from the US dollar. On Monday, Tether said its Tether Gold (XAUt) now represents more than half of the entire gold-backed stablecoin market, with a total value exceeding $2.2 billion. Tether disclosed that 520,089 XAUt tokens were in circulation at the end of the fourth quarter, with each token backed one-for-one by physical gold held in reserve. Tether…