The cryptocurrency market is attracting speculators, with Dogecoin experiencing a 253% annual surge. A $10,000 investment in Dogecoin could grow to $35,345. Bitcoin also saw significant activity, with a $10,000 investment rising to $22,046. The cryptocurrency reached a record high of $108,316 before declining.
In the tech sector, NVIDIA (NVDA, Financial) emerged as a standout performer amid enthusiasm for AI advancements. A $10,000 investment in NVIDIA would increase to $27,117. In contrast, Microsoft showed slower growth, with a similar investment yielding only an additional $1,209.
The Argentine stock market, represented by the Merval Index, led global indices, driven by optimism over economic reforms. A $10,000 investment in the index, adjusted for currency fluctuations, would grow to $21,377.
Gold prices rose due to central bank purchases and global economic uncertainty, with a $10,000 investment increasing to $12,722. Silver investments would rise to $12,146.
Standard Chartered and Coinbase are pushing institutional crypto adoption forward by expanding a global digital asset partnership, signaling deeper integration between regulated banking infrastructure and crypto-native platforms as institutional demand accelerates.
The UK is set to introduce new legislation by 2027 that will bring cryptocurrencies, including Bitcoin, under a regulatory framework akin to traditional financial products.
The Treasury has unveiled plans for these new laws, which will mandate crypto firms to adhere to a specific set of standards and rules. These will be rigorously overseen by the Financial Conduct Authority (FCA).
This move comes amidst a broader push to reform the burgeoning crypto market, which has seen a surge in popularity as both an alternative investment and a method of payment.
Currently, unlike established financial instruments such as stocks and shares, the cryptocurrency sector lacks comparable regulation, potentially leaving consumers with reduced protection.
Chancellor Rachel Reeves said: “Bringing crypto into the regulatory perimeter is a crucial step in securing the UK’s position as a world-leading financial centre in the digital age. (Ben Birchall/PA)
The Government said the new rules, coming into force in 2027, will make the industry more transparent and make it easier to detect suspicious activity, impose sanctions or hold firms to account over their activity.
Chancellor Rachel Reeves said: “Bringing crypto into the regulatory perimeter is a crucial step in securing the UK’s position as a world-leading financial centre in the digital age.
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“By giving firms clear rules of the road, we are providing the certainty they need to invest, innovate and create high-skilled jobs here in the UK, while giving millions strong consumer protections, and locking dodgy actors out of the UK market.”
Crypto firms, which can include crypto exchanges and digital wallets, currently have to register with the FCA if they provide services that fall within the scope of money laundering regulations.
The changes will bring firms that provide crypto services into the remit of the FCA with the intention of supporting legitimate businesses.
City minister Lucy Rigby said: “We want the UK to be at the top of the list for cryptoassets firms looking to grow and these new rules will give firms the clarity and consistency they need to plan for the long term.”
The SEC is signaling a decisive push to move U.S. financial markets onto blockchain infrastructure, framing on-chain settlement as a priority upgrade that could reshape post-trade systems and regulatory strategy under Chair Paul Atkins.