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Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation

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Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.

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Coin Market

US bans DeepSeek from civilian agency IT systems

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The restrictions extend earlier bans within US defense and security agencies, amid concerns that DeepSeek could expose federal information to China.

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Bitcoin rally could revive treasury buying, but easy-money days over

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“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner.

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Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

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The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.

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