The five crypto stories that matter to banks and funds, explained in plain English in three minutes.
The dailycrypto brief
Today's five stories
Banks' $270m stablecoin bet and a court fight over the CFTC
- Big banks fund their joint digital dollar for five years
- Crypto firms back the CFTC in a Citadel-backed lawsuit
- Visa adds Monad to its stablecoin settlement networks
- Plume affiliate wins licence to put shares in wallets
- BitGo's revenue halves as crypto trading slows
- $270m
Goldman, Citi and other banks commit $270m to a joint stablecoin
Stablecoins
BBVA, CoinDesk - Six firms
Coinbase and Kraken side with the CFTC as Citadel-backed group sues
Regulation
The Block, CoinDesk - $20bn
Visa adds Monad to stablecoin settlement running at $20bn a year
Infrastructure
The Block - H1 2027
Plume affiliate wins US broker licence to put shares in crypto wallets
Markets
CoinDesk - 51%
Crypto custodian BitGo's revenue falls 51% as trading slows
Custody
The Block
Who it's for
Most crypto news is written for traders. This is for the people who have to explain it at work: the compliance lead, the fund allocator, the banker who just got asked about stablecoins.
5
stories a day, picked for people who work with institutions, not for traders.
3 min
to read the lot. Each story opens with why it matters, then the facts.
Drafted with AI from public sources and checked against them before it goes live. See how.