In a transformative moment for the mainstream financial industry, Charles Schwab, the brokerage giant managing over ten trillion dollars in client assets, officially launched spot Bitcoin and Ethereum trading for its retail investor base on May 13, 2026. This move marks the final capitulation of the traditional brokerage industry to the digital asset revolution, following
On May 13, 2026, Ledger, the world’s leading manufacturer of hardware wallets and digital asset security solutions, announced it would indefinitely pause its plans for an initial public offering in the United States. The Paris-based unicorn, which was widely expected to debut on the Nasdaq this summer with a valuation exceeding five billion dollars, cited
Amid the shifting regulatory tides of 2026, Tether Chief Executive Officer Paolo Ardoino voiced a strongly optimistic outlook on the future of digital asset legislation, stating that clarity is finally coming to the global crypto market. Speaking at the Bitcoin 2026 conference in Las Vegas on May 11, Ardoino noted that the era of regulation
On May 13, 2026, the United States Senate officially confirmed Kevin Warsh as the next Chairman of the Federal Reserve in a fifty-four to forty-five vote. This narrow nine-vote margin represents the tightest confirmation in the history of the central bank’s leadership, reflecting a deeply polarized political climate and intense debate over the institution’s future
Why Are FTX Victims Suing Fenwick & West? A group of 20 FTX victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, accusing the Silicon Valley law firm of helping conceal the fraud that led to the exchange’s collapse. The complaint, filed Wednesday in the US District
Why Is Nigel Farage Under Investigation? Nigel Farage, leader of Reform UK and a member of Parliament, is facing a formal investigation by the parliamentary standards watchdog over his failure to declare a 5 million-pound ($6.8 million) gift from crypto billionaire Christopher Harborne. According to multiple U.K. reports, the donation was received weeks before Farage
U.S.-listed spot Bitcoin exchange-traded funds posted approximately $635.2 million in net outflows on May 13, marking the largest daily withdrawal from Bitcoin ETFs since January. The sharp reversal in institutional flows came as Bitcoin briefly fell below the $80,000 level following stronger-than-expected U.S. inflation data and rising Treasury yields. According to ETF flow data from
Why Did Consensys Delay Its IPO Plans? Consensys, the Ethereum development firm led by Joe Lubin, has delayed its potential US public offering until fall at the earliest due to weak market conditions, according to people familiar with the matter. The MetaMask wallet builder had been working toward a possible draft S-1 filing with the
U.S. spot Bitcoin ETFs extended their inflow streak on May 12, attracting more than $220 million in net inflows as institutional demand remained resilient despite macroeconomic volatility and cautious trading across broader crypto markets. U.S.-listed spot Bitcoin exchange-traded funds recorded approximately $220 million in net inflows on May 12, continuing a broader rebound in institutional
Nikhil Kamath, the co-founder of Zerodha and one of India’s most influential venture capitalists, sparked a significant national debate on May 11, 2026, by suggesting that India should explore the development of a gold-based stablecoin. In a series of social media posts, Kamath praised the Indian government and the Reserve Bank of India for their