BBX: Bitcoin Depot Cancels Executive Restructuring; SoFiUSD Receives Official Recognition as GENIUS Act Takes Effect

AiCoin2026/07/20 03:19

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

BBX news: Last weekend, global listed companies sent out the most extreme signals of industry evolution in crypto retail infrastructure and compliant stablecoin channels. Moving away from blind capital sentiment, the market is forcibly advancing the handover between old and new forces through court-enforced executive termination notices and federal bill deadlines: ——Traditional giants falter: Bitcoin Depot Inc. (NASDAQ: $BTM) is publicly advancing its Chapter 11 bankruptcy process on the Kroll platform. All executive dismissals became effective last Friday, thoroughly exposing the illusion of retail investors blindly depositing funds via offline cash ATMs. ——Federal regulars break through: SoFi Technologies, Inc. (NASDAQ: $SOFI)'s SoFiUSD faces the CIP rule baptism at the July 18 deadline, leveraging its "federally licensed stablecoin" status to launch a compliant defense against offshore gray stablecoins. ——Business model evolution: Traditional ATM intermediaries are fading away under dual pressures from fees and regulation, while SoFi’s crypto trading revenue, with a base of 121.6 million USD, is aiming to reset commercialization gross margin through the stablecoin clearing network. The market shows a clear dual trend: "accelerated elimination of crypto retail infrastructure lacking core compliance barriers" and "licensed national banks establishing and dominating legal stablecoin operational frameworks through top-tier licenses." Source: bbx.com

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The 10-year US Treasury yield has surpassed 5%, making bonds more attractive relative to stocks than at any point in the past 25 years. The earnings yield of stocks, as measured by the inverse of the S&P 500’s price-to-earnings ratio, is now lower than the 10-year US Treasury yield, resulting in a clear yield suppression effect on the stock market from bonds. According to the Shiller model, the S&P 500 may outperform bonds by only about 1% annually over the next decade. The 20-year paradigm of stocks outperforming bonds has officially come to an end.

华尔街见闻•2026/09/28 23:06

Iron ore retreats, copper takes the lead: Australian mining stocks find a new growth story

Analysts state that the rapid growth in copper demand driven by power infrastructure and artificial intelligence (AI) provides a new rationale for investors to allocate to the mining sector. Australian mining stocks are expected to continue their upward trend.

智通财经•2026/09/28 22:51