The post US Banks Seek Stablecoin Yield Ban Before 2026 Elections: What’s at Stake? appeared first on Coinpedia Fintech News

The American Bankers Association wants Congress to eliminate stablecoin yields before the midterms.

The ABA released its 2026 policy priorities on Tuesday, placing stablecoin oversight at the top of the list. The group is pushing lawmakers to “stop payment stablecoins from becoming deposit substitutes” by banning interest, yield, or rewards on these tokens.

Congress is already working on crypto market structure legislation ahead of the November 2026 elections. Banks see this as the moment to act.

Banks Warn of $6 Trillion Deposit Flight

Bank of America CEO Brian Moynihan raised the alarm earlier this month. He argued that up to $6 trillion could leave traditional banks if stablecoin yields remain legal.

The ABA says community banks would take the hardest hit. Without deposits, these banks lose the ability to fund mortgages and small business loans. The lobby frames this as a financial stability issue, not an attack on innovation.

On January 14, more than 3,200 bankers signed a letter to the Senate demanding action. They want yield bans extended beyond stablecoin issuers to include crypto exchanges and affiliated platforms. The reason: a loophole in the GENIUS Act still allows yield payments through third parties.

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Circle CEO Calls Concerns “Totally Absurd”

Crypto executives see things differently.

Circle CEO Jeremy Allaire pushed back on the bank run narrative at Davos. “They help with stickiness, they help with customer traction,” he said, defending stablecoin yields as a tool for adoption.

SkyBridge Capital founder Anthony Scaramucci warned that banning yields could backfire. He pointed out that China’s digital yuan already offers yield, putting the US dollar at a competitive disadvantage if American stablecoins cannot do the same.

What Happens Next

The stablecoin yield fight has already caused problems on Capitol Hill. Last week, the Senate Banking Committee postponed a key markup after Coinbase withdrew its support over the issue.

As lawmakers push toward a final vote, the outcome will determine whether digital dollars can compete with traditional bank deposits or remain locked inside bank-friendly rules.

FAQs

The post Binance Applies for MiCA License in Greece Ahead of July 2026 appeared first on Coinpedia Fintech News

Binance, the world’s largest crypto exchange, has taken an important step to continue operating in Europe by applying for a MiCA license in Greece. This comes as the European Union’s new crypto rules move closer to a strict deadline, pushing exchanges to get approval before July 1, 2026.

Binance Applies for MiCA License in Greece

According to the latest update, Binance has applied for an EU-wide license under the Markets in Crypto-Assets framework. The exchange filed its application in Greece and has also set up a local holding company in the country.

If approved by the Hellenic Capital Market Commission, Binance would be allowed to operate and market crypto services across all EU member states using a single license. 

This approval would come ahead of the July 1 MiCA compliance deadline, when crypto firms must fully align with the new rules.

Why Binance Chose Greece for Its MiCA License

Instead of choosing well-known crypto hubs such as Malta or Latvia, Binance selected Greece for its application. Reports suggest the Greek regulator is moving quickly and has brought in global advisory firms to help review the complex application.

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Binance has also set up a new Greek holding company, named Binary Greece. This company has no end date, showing Binance is planning a long-term presence rather than a temporary solution.

If approved, a single MiCA license would allow Binance to legally offer crypto services across all EU member states, replacing the need for separate national approvals.

Europe Remains a Key Market for Binance

Binance’s move to file in Greece shows how important Europe is to its long-term plans. In recent years, the exchange has faced regulatory pressure in several countries, forcing it to adjust operations and exit some markets. 

With more than 20 million users in Europe, securing regulatory approval has become a top priority. 

This filing also adds to Binance’s existing approvals in countries like France, Italy, Spain, Poland, Sweden, and Lithuania, where it already operates under earlier crypto rules.

FAQs

The post Ledger Plans $4B U.S. IPO as Demand for Secure Crypto Wallets Explodes appeared first on Coinpedia Fintech News

The race to take crypto firms public in 2026 just got hotter. After the successful Circle IPO in 2025, now Ledger, one of the world’s largest crypto hardware wallet makers, is preparing for a $4 billion IPO as demand for secure crypto storage rises. 

The move comes at a time when hacking risks are growing, pushing more investors toward self-custody solutions.

Ledger Plans U.S. IPO With Major Banks

According to recent reports, Ledger is working with Goldman Sachs, Jefferies, and Barclays on a possible U.S. IPO in New York. The listing could happen as early as this year and may value the company at over $4 billion.

Founded in 2014 and based in France, Ledger was last valued at around $1.5 billion in 2025.

Ledger’s growth comes as crypto hacks increase. Hackers stole over $17 billion last year, raising safety concerns. Because of this, more users are choosing Ledger’s hardware wallets, which are harder to hack and are seeing rising demand from both users and institutions.

Therefore, a successful IPO would mark a major jump in valuation and highlight growing investor interest in crypto infrastructure companies.

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Strong Revenue and Bitcoin Holdings

Ledger currently helps secure more than $100 billion worth of Bitcoin for its customers. The company also reported triple-digit million-dollar revenue in 2025, showing strong business momentum ahead of a possible public listing.

The surge in sales reflects a wider shift in the crypto market, where investors are focusing less on speculation and more on protecting long-term holdings.

Ledger CEO Pascal Gauthier said the company is having a record year. He explained that rising security risks are pushing more people toward self-custody, supporting Ledger’s rapid growth and its plan for a $4 billion U.S. IPO.

Crypto IPO Frenzy Gains Momentum

Ledger’s New York listing plans come at a time when several well-known crypto firms are preparing to go public. Notable names like Kraken, Consensys, and Bithumb are also on the IPO watch list, signaling broader market faith in digital asset infrastructure firms.

If Ledger moves forward with its IPO, it would be one of the most notable crypto-related listings in recent years. 

FAQs

The post RIVER Price Pulls Back 7% After Rally as Justin Sun’s $8M Bet Triggers Volatility appeared first on Coinpedia Fintech News

River’s native token (RIVER) is entering a high-volatility phase after a sharp rally earlier this week, followed by a 7% drop today.The move was triggered directly by Justin Sun deploying approximately $8 million into the River ecosystem, marking one of the most significant strategic investments in the project to date.

The investment was made as part of a broader initiative to strengthen River’s position within the DeFi landscape, with capital allocated toward protocol development, liquidity infrastructure, and ecosystem growth. The announcement immediately pushed RIVER into the market spotlight, driving a surge in trading activity and accelerating price discovery.

Now, as short-term volatility cools and leveraged positions reset, the market is beginning to answer a more important question: is this pullback a pause, or the base of RIVER’s next expansion leg

Strategic Capital Attracts Speculation, Driving Volatility

Justin Sun’s entry has shifted RIVER’s narrative from a relatively low-profile DeFi token into a capital-backed infrastructure play. Large strategic investments of this scale tend to function as credibility signals, especially in a market where institutional-style capital is still scarce. 

For RIVER, the $8 million deployment placed the token directly on traders’ radar, compressing weeks of organic discovery into a single session.

This type of news-driven repricing often attracts fast-moving speculative capital, as traders anticipate follow-on development announcements, ecosystem partnerships, or additional funding rounds. The result is a rapid expansion in volatility, not because fundamentals weaken, but because market participants are re-rating the asset in real time.

What Do RIVER Price Action Signals Now?

Since the start of 2026, RIVER crypto witnessed buyer accumulation and traded with upward momentum. On the daily chart, RIVER formed a rising channel with clear higher highs and higher lows. The rally extended quickly into the upper boundary of that channel, where short-term exhaustion emerged and sellers locked in gains, resulting in a fake breakout.The subsequent retracement has brought price back into mid-range of this channel.

Crucially, the $41–$43 region now acts as structural demand. This zone previously capped upside and has now flipped into support, indicating a regime shift in market structure. As long as RIVER holds above the $40 psychological level, the broader technical bias remains bullish. This price behavior aligns with controlled profit-taking, not panic selling.

A sustained reclaim of the $49–$50 region would confirm continuation, opening a path toward the $58–$62 range, where historical liquidity thins significantly. Below $40, however, the structure weakens and risks reverting to a range-bound environment.

Derivatives and Spot Flows Data Exhibits Leverage Reset

Besides the price action, derivatives and spot flow data provide critical confirmation of the market’s behavior. Liquidation charts show a spike in long liquidations during the pullback, indicating that overleveraged positions were flushed out, not that spot holders exited. This suggests a leverage reset rather than a structural sell-off.

Despite price dipping, net spot inflows turned positive, meaning real capital is flowing into the RIVER during weakness. In practical terms, dip buyers are absorbing supply from short-term sellers. While the Open Interest (OI) showed a massive decline over 28%, underlining long unwinding move.

Overall, RIVER’s current volatility is not rejection, it is price discovery under capital conditions. As long as RIVER price holds above the $40 support zone, pullbacks are likely to be treated as accumulation phases rather than breakdown signals.

The post JUST IN: UBS to Offer Bitcoin and Ethereum Trading in Major Crypto Push appeared first on Coinpedia Fintech News

UBS is getting into crypto.

The Swiss banking giant is planning to let select private banking clients trade Bitcoin and Ethereum, Bloomberg reported. UBS manages around $4.7 trillion in assets, making it the world’s largest wealth manager. The bank has been talking to potential partners for several months but has not finalized its rollout plan yet.

Swiss private bank clients will get access first. UBS may expand the offering to Asia-Pacific and the United States later.

Why UBS Is Changing Its Crypto Stance

UBS has stayed away from crypto for years. The bank called it a “limited segment of digital assets” and avoided direct offerings because of regulatory uncertainty.

That position is now shifting.

Wealthy clients want exposure to digital assets. Competitors like JPMorgan and Morgan Stanley have already made moves in the space. UBS is feeling the pressure.

CEO Sergio Ermotti has said blockchain is central to the future of traditional banking. He pointed to its efficiency and scalability as key reasons.

UBS Has Been Building Blockchain Infrastructure

This is not UBS’s first step into blockchain.

In November 2024, the bank launched UBS Digital Cash. It is a private blockchain pilot for multi-currency cross-border payments.

UBS also runs UBS Tokenize, which allows on-chain issuance of tokenized financial products. The bank launched the first tokenized money market fund on Ethereum through this initiative.

These projects show UBS sees long-term value in blockchain technology. Direct crypto trading for clients is the next step.

What Happens Now

UBS is still selecting partners and has not set a launch date. The bank says it is monitoring market dynamics and exploring initiatives that fit client needs and regulatory requirements.

If UBS moves forward, it will become the largest traditional wealth manager to offer direct crypto access. That could push other private banks to follow.

The details are not final but the direction is clear.

The post UBS Expands Crypto Trading for Private Clients appeared first on Coinpedia Fintech News

Swiss banking powerhouse UBS, overseeing $4.7 trillion in wealth assets as of late 2025, plans to launch cryptocurrency trading for select private banking clients in Switzerland. High-net-worth individuals will access spot Bitcoin/Ethereum and derivatives, with potential rollout to Asia-Pacific and the US. This follows UBS Tokenize pilots with Chainlink and Swift for tokenized funds and digital cash solutions. CEO Sergio Ermotti declared at Davos that blockchain will transform traditional banking, joining JPMorgan and BNY Mellon in the institutional crypto surge.

The post Gold Hits $5000 as Bitcoin Lags, Analysts Eye 400% Rally appeared first on Coinpedia Fintech News

Gold has started 2026 with a powerful rally, with a strong rally, hitting a new all-time high near $5,000 per ounce. In just the first 23 days of the year, gold is up by 13.5%, while Bitcoin has mostly moved sideways. 

Despite this gap, veteran crypto experts believe Bitcoin could be setting up for a parabolic surge, and here’s why.

Geopolitical Tensions Fuel Gold Price To Hits $5,000

The recent jump in gold price came after Donald Trump said the U.S. had deployed naval ships toward Iran, increasing fears of wider conflict. These events made investors more cautious and pushed them toward safer assets, with gold seeing the strongest demand.

Even three days earlier, Trump also warned about possible tariffs on the European Union linked to talks around U.S. access to Greenland through NATO.

Alongside geopolitics, strong buying from central banks has continued to support prices. Many countries are increasing gold reserves as they reduce dependence on the U.S. dollar.

This de-dollarisation trend has helped gold nearly triple from around $1,900 in late 2023 to today’s $5,000 level.

Bitcoin Falls Behind as Gold Outperforms

While gold continues to rise, Bitcoin has struggled to keep pace. The Bitcoin-to-gold ratio has fallen to multi-year lows, with one Bitcoin now equal to about 18 ounces of gold. This clearly shows how much gold has outperformed crypto during this risk-off period.

Meanwhile, critics like Peter Schiff continue to point out that Bitcoin has lagged behind gold since 2021, raising doubts about its role as a long-term store of value.

Bitcoin Could Explode 400% Next

Despite Bitcoin lagging behind gold, many crypto supporters remain optimistic. Crypto trader Crypto Gems points to a familiar pattern: when gold reaches its peak, money often starts moving into Bitcoin, leading to strong rallies.

According to the Bitcoin vs Gold chart, this shift may already be starting. Gold has been rising for almost 28 months, which suggests the rally may be getting close to its top.

Earlier in 2017, when gold rose 30%, Bitcoin jumped 1,900%. A similar move happened again in 2021.

With gold still strong and Bitcoin quiet, Crypto Gems believes the next Bitcoin rally could be starting. Based on past trends, traders now expect Bitcoin to rise by around 400% if history repeats.

The post Algorand (ALGO) Price Jumps 2% as USDC News Sparks Fresh Demand appeared first on Coinpedia Fintech News

Algorand is back in the spotlight after a quiet stretch, with ALGO price gaining over 2% intraday as buyers returned near a critical support zone. The upmove came as the market reacted to a fresh update around USDC integration across the Algorand ecosystem, a development that improved stablecoin accessibility and liquidity routing on the network. While the news itself was not transformational, it provided a timely catalyst at a point where price was already sitting on structural support.

USDC Update Acts as Short-Term Catalyst

The recent momentum was sparked by confirmation of expanded USDC support on Algorand via a major exchange channel, strengthening fiat-to-stablecoin onramps for the network. From a market perspective, this kind of development typically functions as a liquidity signal rather than a valuation driver. It does not change the protocol’s fundamentals overnight, but it improves capital flow efficiency, something traders tend to price in quickly.

In ALGO’s case, the timing mattered more than the headline. The update arrived as price was compressing near support, allowing the news to unlock momentum that was already building technically.

ALGO Price Rebounds as Buyers Step Back In

For months, Algorand price was losing gains inside a long-term descending channel that has defined price action for several months. The trend remains characterized by lower highs and lower lows, a clear sign that ALGO has not yet fully escaped its broader downtrend. However, the current positioning is critical, as ALGO price is now pressing close to the upper boundary of this declining channel after repeatedly defending the lower trendline, creating a tightening compression zone. 

This type of structure typically precedes directional expansion, as volatility contracts and liquidity builds near resistance. In ALGO’s case, a confirmed breakout above the channel would represent the first meaningful trend shift on higher timeframes. A successful escape would open a short-term upside over 50-70% toward $0.2000-$0.2500.

More importantly, if momentum sustains beyond that region, the broader measured move from the channel structure implies a potential long-term upside expansion of up to 160%–180%, placing ALGO back into its prior macro range of $0.3300-$0.3500. On the downside, failure to break the channel would keep ALGO price trapped in trend decay.

The post CZ Says Tokenization Could Transform Global Finance by 2030 appeared first on Coinpedia Fintech News

At the World Economic Forum in Davos, Binance CEO Changpeng Zhao highlighted tokenization as a powerful way for governments and markets to create value. By turning bonds, real estate, and commodities into blockchain tokens, traditional assets can become faster to trade, more liquid, and widely accessible. This could unlock trillions of dollars even before larger crypto industries develop. Experts estimate the tokenized asset market could reach 16 trillion dollars by 2030, while crypto grows in payments and as a currency for AI-driven transactions.

The post Pi Network Users Face Long Queues on Mainnet Vote Day appeared first on Coinpedia Fintech News

On January 22, 2026, Pi Network launched its first mainnet community vote, allowing Pioneers to take part in key network decisions. As soon as voting went live, millions of users logged in at the same time, causing temporary app slowdowns and frustrating many users.

Despite it, Pi network native token saw 2.5% spike in price after staying quiet for a long period. 

App Traffic Surge Causes Waiting Queues

Pi Network began a seven-day mainnet community governance vote, focusing on upgrades like Version 23 (v23) for faster speed, better security, and on-chain KYC. As voting opened, over 15.8 million verified users tried to access the Pi App & Wallet at the same time, causing temporary overloads.

Many users saw a waiting message asking them to be patient. Pi Network said the delay was due to heavy traffic and confirmed that access would return without needing to reinstall the app.

While some users showed frustration online, many others saw the queues as a positive sign of strong community participation.

This vote marks a major step in Pi Network’s move toward decentralized governance. Instead of decisions being made by a small group, verified community members now have a direct voice in important network upgrades.

Pi Coin Price Sees Small Surge 

Following Governance Vote Day, Pi Network’s native token, Pi Coin, saw a modest 2.5% price increase over the past 24 hours. The token is currently trading around $0.186, with a market capitalization close to $1.55 billion.

Despite the short-term rise, Pi Coin remains nearly 90% below its all-time high of $2.34. 

Some Pi community member states that while price action remains weak overall, growing user engagement and governance participation could support longer-term confidence.