📰 Crypto Digest
GENIUS Act moves forward on stablecoins; Morgan Stanley launches MBST; Drift spurs DeFi security enhancements; CME adds futures for Avalanche and Sui; Bitcoin ETFs post inflows.
Press review for 08 avril 2026 – editorial selection
Last updated: 07:19
Daily News Summary: Regulatory actions expand stablecoin oversight; major bank MBST launches; a Drift-related security shift; CME expands futures; and Bitcoin ETF inflows persist.
🏦 Morgan Stanley MBST to go live April 8 with 0.14% fee and in-house custody
- MBST to go live on April 8; ticker MSBT US; to trade on NYSE Arca.
- MBST will hold bitcoin directly; Coinbase will be custodian and prime broker.
- BNY Mellon will handle administration, transfer agency, and cash custody.
- MBST charges a 0.14% annual fee, below the roughly 0.25% charged by BlackRock’s IBIT.
- Source: bitcoinmagazine.com
🏛 FDIC Advances GENIUS Act stablecoin oversight framework with 1:1 reserves and 60-day comment period
- FDIC advances a GENIUS Act framework; 60-day public comment period.
- Framework requires PPSIs to back stablecoins 1:1 with eligible reserve assets (USD, Fed deposits, insured bank deposits, short-term Treasuries, overnight repos).
- Redemption standards require generally processing within two business days; large withdrawals (>10% in 24 hours) may trigger regulator notification and extensions.
- Stablecoins under GENIUS Act framework would not receive deposit insurance protections; tokenized deposits meeting bank-deposit definitions would be insured; reserves at insured institutions treated as corporate deposits.
- Source: bitcoinmagazine.com
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🔐 Solana Foundation to secure DeFi protocols after Drift hack worth $285 million
- Solana Foundation will offer tiered security services to DeFi protocols.
- Drift exploit is cited as a ¥285 million exposure.
- The move marks a shift toward institutionalized protection following the Drift incident.
- Source: decrypt.co
Sources
Solana Foundation to Help Secure DeFi Protocols Following $285 Million Drift Hack
decrypt.co
🏦 CME Group Plans to Launch Avalanche and Sui Futures
- CME Group to launch Avalanche and Sui futures contracts pending regulatory approval.
- Expands CME’s regulated crypto product offering.
- Source: decrypt.co
💰 Bitcoin ETFs post $471M inflow, biggest in six weeks
- Bitcoin ETFs Add $471M in inflows; biggest one-day haul since February.
- The inflows are reported in the day’s crypto ETF coverage.
- Source: decrypt.co
Review based on an editorial selection of reliable press sources.
