Morgan Stanley’s wealth management arm has advised clients to allocate between 2% and 4% of their portfolios to Bitcoin and other cryptocurrencies, underscoring the asset class’s increasing role in diversified investment strategies while maintaining a cautious stance on risk. The recommendation comes from the firm’s Global Investment Committee, which provides portfolio guidance to financial advisors
Key Facts Binance announced Binance Online, a global virtual event taking place on 13 May 2026 at 11:00 UTC and streamed live on Binance Square. The programme runs more than four hours and covers institutional adoption, blockchain infrastructure, market developments, the evolving role of stablecoins, and the intersection of crypto and AI. The first wave
Why Is Strategy Pausing Bitcoin Purchases? Strategy said it will pause its regular bitcoin purchases this week ahead of its first-quarter earnings report, marking only the second pause in its buying program this year. “No buys this week. Back to work next week,” Chairman Michael Saylor wrote on X, signaling a temporary break in the
Why Are Prediction-Market ETFs Delayed? More than 2 dozen exchange-traded funds tied to elections, recessions, tech layoffs and other real-world events remain under review as the US Securities and Exchange Commission seeks more detail from issuers on product mechanics and investor disclosures. Roundhill Investments, GraniteShares and Bitwise filed in February to launch funds linked to
Key Facts Binance announced Withdraw Protection on 4 May 2026, a user-controlled security feature that lets users place a temporary on-chain withdrawal lock on their account. The lock period is user-defined between one and seven days, during which assets cannot be withdrawn from the exchange. Users can choose whether early unlocking is allowed; if it
What Did Lawmakers Agree on in the Stablecoin Yield Compromise? US lawmakers have reached a compromise on stablecoin yield provisions, removing a key obstacle that had delayed progress on the Digital Asset Market Clarity Act. Sens. Thom Tillis and Angela Alsobrooks finalized the language on Friday, with the agreement centered on how crypto firms can
Why Is a16z Opposing State-Level Restrictions? Venture capital firm Andreessen Horowitz has backed the Commodity Futures Trading Commission in a growing dispute with US states over the regulation of prediction markets, arguing that state-level actions are disrupting market access and liquidity. In an 18-page comment letter submitted to the CFTC, the firm said cease-and-desist orders
Who Is Behind Nobitex? A Reuters investigation has identified the founders of Nobitex, Iran’s dominant crypto exchange, as brothers Ali and Mohammad Kharrazi, members of one of the country’s most politically connected families. The report said the brothers registered the company in 2018 using an alternative surname in corporate filings and public materials. According to
What does the new DCO license mean for Gemini? Gemini has received approval for a Derivatives Clearing Organization (DCO) license from the Commodity Futures Trading Commission (CFTC), allowing the exchange to enhance its operations in regulated derivatives markets. This new license enables Gemini’s Olympus unit to handle settlements, manage risk, and ensure trades on its
What is behind the senators’ concerns? Democratic Senators Elizabeth Warren and Ron Wyden are pressing stablecoin issuer Tether and Commerce Secretary Howard Lutnick over a reported loan made to a family trust linked to Lutnick’s children. The senators are concerned that Tether’s involvement in the loan could raise questions about possible conflicts of interest and