🌍 Major Crypto Developments Shaking Global Markets
The U.S. Office of the Comptroller of the Currency (OCC) has issued fresh guidance, opening the door for banks to act as intermediaries in crypto transactions. Under this update, banks will be allowed to execute “riskless principal” trades — buying and selling crypto on behalf of customers without holding assets themselves. This is expected to speed up the bridge between traditional finance and digital assets.
Meanwhile, Twenty One CapitalXXI — a new public-listed Bitcoin accumulation vehicle — has launched on the NYSE, adding further institutional momentum behind Bitcoin. The debut contributed to BTC pushing above $92,500 in a single day, signaling renewed market confidence.
On the indexing front, MSCI is proposing to exclude firms that hold most of their assets in crypto. The plan has triggered heavy criticism from industry leaders, who argue it could distort flows of institutional capital into crypto-focused companies and funds.
Adding to the market narrative, Standard Chartered slashed its year-end 2025 Bitcoin forecast from $200,000 to $100,000, citing soft demand and short-term volatility. However, the bank still maintains a long-term projection of $500,000 by 2030, reflecting structural optimism despite current turbulence.
And in regulatory developments, Binance has secured a global license under the Abu Dhabi Global Market (ADGM) framework — becoming the first major exchange to obtain such approval. This milestone is expected to boost trust and global regulatory credibility for crypto exchanges.
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