Swiss private bank Maerki Baumann gains ADGM approval for UAE crypto unit

The European Central Bank cautioned that rising stablecoin use may shift deposits away from banks, weakening banks’ lending capacity and the transmission of monetary policy across the euro area.

JPMorgan is expanding into stablecoins while arguing these tokens should be regulated under the same framework that applies to banks. The stance underlines traditional finance’s bid to shape crypto oversight as competition intensifies.

BitMEX co-founder Ben Delo has donated $27 million to the London Mathematical Institute after receiving a presidential pardon from Donald Trump in March 2025. Delo pleaded guilty to U.S. banking violations in 2022 and paid a $10 million fine.

The Senate-backed housing package includes a ban on a U.S. central bank digital currency and has secured White House support, marking a rare bipartisan consensus. Lawmakers say the move strengthens privacy and limits federal involvement in retail digital currency design.

A federal judge in the Southern District of New York dismissed state-level lawsuits against Uniswap Labs and founder Hayden Adams, ending a years-long legal battle over alleged scam token facilitation. The decision is a clear win for the decentralized exchange and could narrow liability exposure for DEX platforms.