The five crypto stories that matter to banks and funds, explained in plain English in three minutes.
The dailycrypto brief
Today's five stories
Block's $764m AML deal and a $133m hit at a French bank
- Block agrees $764m deal to end a US money-laundering probe
- French bank Arkéa linked to a theft put at $133m
- Morgan Stanley starts tokenising on DTCC's new service
- Circle beats forecasts, then cuts 5% of its staff
- Schroders puts an emerging-market bond fund on Solana
- $764m
Block set to pay $764m to settle US money-laundering probe
Regulation
SEC EDGAR, Block / SEC EDGAR - $133m
French bank Crédit Mutuel Arkéa named in $133m crypto theft
Custody
CoinDesk, Bitquery - 20 firms
Morgan Stanley among first to use DTCC's tokenised stock service
Infrastructure
CoinDesk - $865m
Circle's revenue rises 17% to $865m, but it cuts 5% of staff
Stablecoins
Business Wire, CoinDesk - £867.8bn
Schroders brings an emerging-market bond fund to Solana
Institutions
CoinDesk, Schroders
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.