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Anchorage–Mezo Partnership Expands Access to Bitcoin-backed Loans

Anchorage Digital Bank has teamed up with Mezo, a Bitcoin-native DeFi platform, to offer compliant and low-cost Bitcoin-backed loans to institutions. This partnership allows public companies and digital asset treasuries to access Mezo’s BitcoinFi tools through Anchorage’s Porto wallet, enabling them to borrow against Bitcoin at a fixed rate of 1% using Mezo’s stablecoin, MUSD. Furthermore, institutions can lock Bitcoin for 6 to 30 days to earn veBTC, which shares on-chain network fees and offers governance rights in Mezo’s economic structure. This collaboration aligns with the ongoing trend of Bitcoin-backed borrowing, expected to rise significantly, with projections estimating the market could reach $45 billion by 2030. Recent reports also highlight other companies entering the Bitcoin-backed lending space, illustrating a growing interest in crypto credit markets.

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Cancer Diagnosis Helps Keep Jack Abramoff Out of Prison for 'AML Bitcoin' Fraud Scheme

Former lobbyist Jack Abramoff was sentenced to three years of federal probation and ordered to pay $2.2 million in restitution for his involvement in the AML Bitcoin fraud scheme. Abramoff faced charges alongside CEO Marcus Andrade, who falsely claimed that AML Bitcoin technology would prevent money laundering. Instead of

Prospective CFTC chair addresses DeFi regulation at nomination hearing

Michael Selig, nominated to chair the Commodity Futures Trading Commission (CFTC), emphasized the need for regulatory clarity in digital asset markets during his Senate confirmation hearing. Selig, currently the chief counsel for the crypto task force at the SEC, warned against a regulation-by-enforcement approach, arguing it risks pushing companies offshore.

Odds of December Fed rate cut plunge to 33% as BTC falls below $89K

The probability of a December rate cut by the Federal Open Market Committee (FOMC) has dropped to 33%, down from 67% at the beginning of November, as the cryptocurrency market faces severe declines. This downturn follows Bitcoin's price falling below $89,000 and reflects growing fears of persistent

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