Rhys Bidder, a lecturer at King’s Business School and former researcher at the Federal Reserve Bank of San Francisco, argues that stablecoins are forcing finance to revisit first principles—sometimes uncomfortably, often fruitfully.
July held a plethora of crypto news. One example: Once a straightforward crypto exchange, Coinbase is now signaling a platform ambition that could reshape how everyday users interact with digital assets.
This month’s developments in the world of digital assets were shaped by a series of transformative events — from the passage of landmark U.S. regulation with the US Senate passing the GENIUS Act, to renewed momentum in tokenized deposits and corporate Bitcoin adoption.