📢 Today’s Top Crypto Headlines: 🛡️ NYDFS Tightens Custody Rules • New guidelines require digital asset custodians to ensure client ownership even in bankruptcy • Stronger disclosure + security standards → raising bar for trust & safety in custody. 🇬🇧 Bank of England Warms to Stablecoins • Governor Andrew Bailey acknowledges stablecoins’ role in reshaping finance • Cites innovation in payments, but calls for crisis plans & stronger safeguards • Consultation paper on major stablecoins due later this year. ⛏️ Bitcoin Mining Equities Surge • 14 listed U.S. miners hit $56B market cap (+43% MoM) • 12 miners outperformed BTC’s gains 📈 • But rising hashrates → profit margins squeezed, daily rewards down 10%. 💸 Solana Leads Tokenized Treasury Growth • Circle’s USYC fund launched on Solana, surpassing ETH, Base, Near, Canton in size • Valued at $630M, 5th largest tokenized Treasury product • Tokenized asset market nears $8B, driven by institutional demand. Discover real-time, AI-powered market insights, only with SWFTGPT! 📲 Listen now:
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