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President Donald Trump disclosed purchasing $50,001 to $100,000 worth of Strategy shares in July, according to a US Office of Government Ethics filing released Tuesday.The filing shows Trump bought $50,001 to $100,000 worth of Strategy shares on July 27, following a smaller $1,001 to $15,000 purchase three days earlier. Strategy is the world’s largest publicly traded corporate Bitcoin holder, with 846,000 BTC, according to BitcoinTreasuries.net data.Trump also disclosed transactions involving several other crypto-linked companies, including a Coinbase stock purchase and sales of Bitcoin miners MARA Holdings and CleanSpark in July. The July 27 Strategy purchase was the largest of the crypto-linked transactions identified in the filing.Top 10 Bitcoin treasury companies. Source: BitcoinTreasuries.NETThe transaction matched Trump’s largest previously disclosed Strategy purchase, a $50,001 to $100,000 buy on Feb. 12, according to BitcoinTreasuries.NET. His accounts have also reported several smaller purchases and sales of Strategy shares this year.The filings do not show how many Strategy shares remain in Trump’s portfolio, as transactions are reported in value ranges rather than as a running share balance.Strategy purchase a small part of broader portfolio activityThe Strategy purchase represented a small portion of Trump’s broader portfolio activity in July. The filing shows sales of $5 million to $25 million each of Microsoft and Amazon stocks on July 20, along with several purchases and sales valued at between $1 million and $5 million.On Tuesday, the White House told CNBC that Trump’s stock and bond portfolio is independently managed by third-party financial institutions, without input from Trump or his family.Strategy shares have rallied nearly 30% over the past five trading days and about 37% over the past month, according to Yahoo Finance data.Strategy (MSTR) stock. Source: Yahoo FinanceDisclosure comes amid crypto policy pushTrump’s Strategy disclosure comes as his administration has pursued a series of policies aimed at supporting the US crypto industry, even as comprehensive market structure legislation remains stalled in Congress.Although the Senate failed to advance the CLARITY Act on Sept. 15, federal regulators have moved ahead using their existing authority. Two days after the failed cloture vote, the Securities and Exchange Commission (SEC) cleared limited onchain trading of tokenized US stocks under a temporary exemption, while the Commodity Futures Trading Commission (CFTC) eased registration requirements for certain software providers offering access to regulated derivatives markets.The CFTC separately sent a broader crypto market rulemaking initiative for White House review on Sept. 17. Dubbed “Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets,” the initiative is still in its preliminary stages and has yet to become a formal proposal.Source: CFTCThe administration’s crypto push has also extended to Bitcoin itself. Last week, the House Financial Services Committee voted 28-21 to advance legislation that would codify Trump’s Strategic Bitcoin Reserve into law and require Bitcoin placed in the reserve to be held for at least 20 years.The US government currently holds an estimated 324,527 BTC, according to Arkham Intelligence data.Magazine: Winners and losers of the SEC’s new tokenized stocks rules

Visa released the results of a survey signaling that bank-level fraud protection and insurance could drive adoption in stablecoins for cross-border transactions among US users.In a survey of 2,192 US-based customers published on Wednesday, Visa said that the “adoption intention” of stablecoins among US users could climb from 36% to 56% “in a hypothetical scenario with bank-level fraud protection and deposit insurance.” The findings conducted by Morning Consult between February and March showed that Americans who were asked about financial terms like stablecoins were looking for faster and cheaper methods to send money abroad.“Nearly two-thirds (64%) [of respondents] say trust depends more on who offers a payment method than on the tech itself,” said Visa. “Willingness to use stablecoins rises from 36% to 45% when offered through an existing financial provider.”The survey posited bank-like protections for stablecoin issuers in the US at a time when companies are preparing for the enactment of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The bill awaits finalized rules from key US financial agencies ahead of its effective date, expected in January 2027.Related: Stablecoin cross-border flows surge 78%, defying crypto bear market Unlike products from traditional financial institutions like banks, stablecoins lack many of the protections from fraud and are not covered by deposit insurance provided by the Federal Deposit Insurance Corporation (FDIC). Under GENIUS starting in January, US stablecoins are still not expected to have FDIC insurance or explicit fraud protection, but will include guidelines in an effort to address illicit activities.EU banks push for changes to minimum bank deposit for stablecoinsOn Tuesday, the European System of Central Banks called for changing the rules requiring that stablecoins have at least 30% of reserves held as bank deposits, or 60% for “significant” tokens. The group instead pushed for liquidity thresholds for the assets, citing potential risks from users quickly withdrawing deposits.The proposed changes for how EU banks address stablecoins fell under the region’s Markets in Crypto-Assets (MiCA) framework, which began enforcing its rules on stablecoins in June 2024. According to payments infrastructure company Decta, the market capitalization of compliant euro stablecoins more than doubled from 2025 to 2026 leading up to the end of MiCA’s transition period. US dollar-pegged tokens like USDC and USDT continue to lead stablecoins with a combined market capitalization of about $260 billion.Magazine: MiCA cracks down on USDT in Europe… but no one else caresCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Bitwise Asset Management has launched an exchange-traded product (ETP) in Europe tracking Lighter, giving traditional investors a way to bet on one of Hyperliquid’s emerging rivals without buying its token directly.On Wednesday, Bitwise said its Bitwise Lighter Staking ETP (BLIT) had launched on Deutsche Börse Xetra, making it the first exchange-traded product tracking LIT, the native token of decentralized derivatives platform Lighter.The product is fully backed by LIT held in cold storage and carries a 0.85% annual expense ratio. European investors can buy the ETP through a regular brokerage account without buying or holding LIT directly.Despite its name, BLIT isn’t generating staking rewards yet. Bitwise said staking will begin once the product reaches enough assets under management to make the process efficient. Until then, the ETP will track LIT’s price without generating staking returns.The Lighter product follows Bitwise’s launch of a Hyperliquid staking ETP in Europe in April, as the asset manager expands its lineup to include tokens tied to some of the largest decentralized derivatives platforms.Lighter is an Ethereum-based decentralized exchange focused on perpetual futures, using zero-knowledge proofs to verify trades while allowing users to retain control of their assets rather than depositing them with a centralized exchange. The platform also offers zero-fee trading for retail users, part of its effort to compete with established decentralized derivatives platforms such as Hyperliquid.Lighter recorded nearly $1.8 billion in trading volume over the past 24 hours, according to CoinGecko data.Related: Bitcoin will get ‘lift’ from Hyperliquid, Robinhood in next crypto bull market: Bitwise execLighter takes on the perp market leaderLighter gained a major distribution channel in July when Robinhood integrated the exchange into Robinhood Chain, its Ethereum layer-2 network. Eligible Robinhood Wallet users can trade perpetual futures through Lighter, with trades settled using Lighter smart contracts on Robinhood Chain.Hyperliquid remains the much larger player. Unlike Lighter, which operates as an Ethereum layer-2, Hyperliquid runs on its own layer-1 blockchain. It controlled more than 61% of decentralized perpetual futures trading, according to data cited by The Motley Fool, and has continued to expand through its own partnerships.In May, Circle announced a deal to expand USDC usage on Hyperliquid, including deeper liquidity and easier transfers of the stablecoin across blockchains. At the time, roughly $5 billion in USDC was held on Hyperliquid, according to Coinbase. Magazine: HYPE price could suffer as Binance takes its revenue: Alice Liu

Blockchain.com and the New York Stock Exchange have signed a memorandum of understanding to give Blockchain.com users access to tokenized US-listed stocks and exchange-traded funds through NYSE’s planned digital trading platform.Under the proposed arrangement, Blockchain.com would distribute tokenized US equities and ETFs traded on NYSE’s digital alternative trading system (ATS), subject to regulatory approval. The deal would extend NYSE’s planned tokenized securities offering to Blockchain.com’s global customer base.The agreement also covers an exchange of market data. NYSE affiliate ICE Data Services plans to distribute Blockchain.com’s crypto market data and analytics to its clients, while Blockchain.com would add certain ICE and NYSE market data feeds to its platform.Reid Noch, vice president of US equity market structure at TD Securities, told Cointelegraph that NYSE’s planned tokenized ATS appears “primarily like a play for retail flow,” pointing to its planned 24/7 trading and request-for-quote functionality. Because retail trades are already pre-funded, Noch said the shift to instant settlement would require little change to existing retail workflows.“The bigger differentiator is true weekend trading,” Noch said. “This could be impactful for retail heavy names or around episodic news events, similar to what we saw with tokenized oil PERPs during the start of the Iran conflict that started over the weekend.”Related: Ondo lets institutions convert stocks directly into tokenized sharesExchanges race into tokenized stocks“Crypto venues are becoming multi-asset platforms, and traditional assets are adopting the 24/7, programmable structure crypto pioneered,” Tanay Ved, senior research associate at institutional digital asset technology firm Talos, said in comments shared with Cointelegraph.That shift is playing out across major exchanges. Kraken offers xStocks and has partnered with Nasdaq on a separate tokenized equity model, while Binance, Coinbase and Robinhood have rolled out their own approaches to bringing equities onchain.However, Ved said the different approaches involve trade-offs between ownership and accessibility:The models of tokenization sit across a spectrum, from issuer-native equity to custodial exposure to pure derivatives. Each trades ownership for accessibility. Which model wins out is yet to be seen, as we sit in the early innings of adoption. For exchanges, the opportunity is a more diversified revenue base and for the market, the line between crypto and traditional assets continues to blur.Meanwhile, the tokenized stock market has been expanding rapidly. Distributed value reached $3.14 billion as of Wednesday, up more than 18% over the past 30 days, while the number of holders climbed nearly 72% to 3.87 million, according to RWA.xyz data.Tokenized stocks. Source: RWA.xyzSEC opens path for tokenized stocksThe partnership also comes less than a week after the US Securities and Exchange Commission (SEC) introduced a five-year “Innovation Exemption” for certain tokenized securities venues.Under the exemption, eligible tokenized securities venues can use permissioned automated market maker liquidity pools to facilitate trading without being treated as exchanges under the Exchange Act. Among the conditions, venues must ensure that tokenized stocks carry the same rights and privileges as equivalent traditional shares.Those requirements exclude some existing products from the exemption in their current form, including Kraken’s xStocks and Robinhood’s Stock Tokens, which provide exposure to underlying equities but do not give holders the same rights as conventional shareholders. However, SEC Commissioner Hester Peirce has said that while the exemption covers one specific model for tokenized securities, it leaves open the possibility of other approaches outside the framework. Magazine: Big Questions: Does Satoshi actually own 1.1 million Bitcoin?