Economic growth accelerates when businesses are able to invest, innovate, and compete rather than navigate unnecessary bureaucracy. Under @POTUS, 129 regulations have been eliminated for every new rule introduced. By reducing red tape, the Trump Administration has created an environment where businesses can expand, hire, and invest in the American economy.

JUST IN: 🇺🇸 Federal Reserve proposes new regulatory framework for stablecoin issuers under the GENIUS Act.

🇬🇧 BIG: UK banks including Lloyds, NatWest, Barclays and HSBC have completed the world's first interbank transactions using tokenized deposits.

It’s GO TIME. The @CFTC is utilizing its existing statutory authorities to establish a crypto asset regulatory market structure. @POTUS promised clear rules of the road for crypto and we are shipping them.

🔥 LATEST: BVNK added Stellar support for cross-border stablecoin payments through a single API.

INSIGHT: CFTC @ChairmanSelig warns regulators must prepare for mass tokenization, saying the next decade will bring more change to financial markets than the previous several decades combined.

NEW: The XRP Ledger's permission delegation upgrade enters its 14-day activation countdown, allowing accounts to grant narrowly scoped authority to other accounts without sharing master keys, potentially going live October 5.

JUST IN: 🇫🇷 President Macron says France is ready to participate in an international operation to protect navigation in the Strait of Hormuz.

JUST IN: CNN employees say the mood at the network is “like a funeral” after Paramount’s Warner Bros. victory. — Variety

BREAKING: Trump calls for a total ban on US diesel exports, saying "Let's not send out the diesel. We make a lot of diesel," that a decision would come "fast," and that an announcement is expected "very soon." It would be the first US diesel export ban in history. Europe stands to be hit hardest, as the US is the world's largest diesel exporter and Europe its biggest customer, buying record volumes since the Gulf barrels stopped, making its worst-ever energy crisis worse. Russia, the second largest exporter, has already halted its own exports. US diesel is at a record $6.53 a gallon today and 16% of French stations are out of fuel.

🚨HOLY SMOKES! 🇺🇸 PRESIDENT TRUMP IS CONTROLLING THE MIDDLE EAST! 👁️ 🇸🇦 The Saudi Prince Bin Salman has just RE-ACTIVATED his OIL PIPELINE after shutting it down. Saudi Arabia OFFICIALLY WITHDRAWS from the new Chinese BLOCKCHAIN system [mBridge]. This NEW Blockchain system has been created to DITCH the PETRO DOLLAR!

JUST IN: Canada's six largest banks launch a joint tokenized deposit initiative, starting with interbank transfers of digital commercial deposits before connecting to broader digital asset networks.

NEW: @SoFi and @Mastercard launch live stablecoin settlement, migrating SoFi's $25B card program to SoFiUSD, the first stablecoin issued by a nationally chartered U.S. bank.

JUST IN: Saudi Arabia’s $138 billion Riyad Bank partners with Ripple to explore digital assets The collaboration will examine cross-border payments, digital asset custody and tokenization as the bank explores blockchain-based financial infrastructure.

Jordi Visser thinks recessions are over. “We have broken the liquidity mechanism.” Do you agree with @jvisserlabs?

The IMF Legal Department's 80-year conference — From Bretton Woods to the Digital Age — starts today. We will explore the role of legal departments in IFIs, digital money and the law, sovereign debt restructuring and much more. Access the full agenda and livestream: imf.org/en/news/seminars/con…

BREAKING: Trump has called off US airstrikes on Yemen's Houthis, reversing himself in a last minute decision after already deciding to carry them out on Sunday, with commanders having approved target lists and troops loading bombs onto US warplanes as the large-scale operation was just about to begin, per NYT. Trump told advisers on Wednesday he did not favor strikes, ordered the Pentagon to prepare them after MBS urgently called him again on Thursday, then pulled back on Sunday, with most of his inner circle opposed to opening another front given the strain the Iran war has put on the US military. It is the third time MBS has asked Trump to strike the Houthis this month. Just two days ago Yemen's Houthis struck Riyadh's main airport, they now hold Bab el-Mandeb and Yemen's entire Red Sea coast, and the East-West oil pipeline, Saudi Arabia's only export route around Hormuz, is shut after being hit. The US has already used more than half its most advanced Patriot interceptors and a third of its Tomahawks in the Iran war. A campaign in Yemen would draw on the same stocks while inviting retaliation on the Saudi energy infrastructure the Houthis are already hitting, and from Iran, which has threatened every US interest in the region. Saudi Arabia is facing the Houthis without the US.

🚨 BREAKING VENEZUELA IS PREPARING TO MOVE 31 TONNES OF GOLD WORTH $4 BILLION FROM LONDON TO NEW YORK THE GOLD HAS BEEN FROZEN INSIDE THE BANK OF ENGLAND FOR SEVEN YEARS NOW THE GOVERNMENT AND OPPOSITION ARE CLOSE TO A DEAL TO RELEASE IT BUT THERE IS A CATCH VENEZUELA WILL NOT BE ALLOWED TO SELL IT THE GOLD WOULD REMAIN UNDER U.S. OVERSIGHT AND BE USED AS COLLATERAL FOR GOVERNMENT BORROWING VENEZUELA SPENT SEVEN YEARS TRYING TO GET ITS GOLD OUT OF BRITISH HANDS NOW IT MAY END UP IN AMERICAN HANDS INSTEAD

And so it begins. French President Emmanuel Macron is now in full damage-control mode, urgently warning French citizens to prepare for a situation they never imagined would become reality. ENERGY SHORTAGES.

BREAKING: Iran has issued "Code 100," its highest alert level, for all armed forces in the past hour, covering the IRGC, the Army and security forces, per initial reports. Trump cut short his weekend at Camp David to return to the White House tonight citing the potential for significant escalation, Netanyahu cut short his US trip to return to Israel the same day, and every US embassy in the Middle East has issued a security alert in the past hours.

BREAKING: 🇮🇷 Iran says Qatar has delivered its terms to end the war to Washington, and Tehran is now waiting on Trump's response, Per Al Jazeera.

More customers for our businesses. More investment in our industries. More choices for work and education. That’s what a stronger alliance with the EU can deliver.

BREAKING: European governments are discussing imposing a "bloc-wide windfall tax" on energy companies as record fuel prices pile pressure on leaders to contain mounting public discontent. Across the EU, gas prices are now up +24% year-over-year, while diesel is up +38%, and jet fuel is up over +100%. Europe's worst-ever energy crisis is getting worse.

BREAKING: France is facing a growing fuel shortage with 11% of the country's gas stations now reporting that they are out of stock of either gas or diesel, according to the latest data published by the French government. In parts of the country, this figure now stands as high as 16%. Meanwhile, the average price of diesel is up to €2.38 per liter, less than 1% away from a record high, and the average price of gasoline is also at or above record highs. French President Macron convened an emergency meeting to discuss the crisis and the government is preparing to offer financial support to high-mileage drivers. Energy inflation is skyrocketing.

The ABSOLUTE MAD MAN Trump just announced that the U.S and the kingdom of Denmark reached a deal on Greenland. The U.S. will get FULL CONTROL of all matter pertaining to military and defence. And that… for 0$

Mark Carney mocked Donald Trump’s signature hand gestures

🇮🇷 LATEST: Treasury Secretary Scott Bessent warned that anyone using crypto to finance Iran’s regime is within OFAC’s reach and will face sanctions.

LATEST: New York Attorney General Letitia James says she is leading a bipartisan coalition of state AGs urging Congress to reject the CLARITY Act, warning it could limit states’ authority to protect investors from fraud.

Over the past 18 months, instant payment systems in just two BRICS countries... India and Brazil Have handled more than $10 TRILLION in transactions. Wow?

BREAKING NEWS FINANCE MINISTERS AND CENTRAL BANK GOVERNORS OF BRICS COUNTRIES HAVE CALLED FOR REFORM OF THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK Change is in the air?

BREAKING: Saudi Arabia wants full scale war between the US and Iran. Saudi Arabia urges the US to strike Iran heavily but Trump rejected it

MARKETS: @CharlesSchwab's family of funds discloses $4.8M in $XRP ETF shares as collateral, spread across @Grayscale, @Canaryfunds and @FranklnTempletn $XRP ETFs, per an SEC filing.

JUST IN: 🇺🇦🇷🇺 Ukrainian President Zelensky's plane almost hit by Russian drone.

Bessent wants lower rates. He’s the house. He wants the Yen to surge. THEY WILL CRASH STOCKS TO SAVE BONDS THROUGH THE REVERSE CARRY TRADE. WAKE THE FUCK UP.

🇺🇸 NEW: Treasury Secretary Scott Bessent dares traders to bet against the yen, claiming asymmetric insight into Japan's policy moves. "I am the house now."

The Government of Canada is assessing the latest tariff measures from the United States. As has been the case for the last 18 months, our first priority remains on protecting and supporting Canadian workers, farmers, families, and businesses from these unjustified actions. Our core focus is on what we can control: building strength at home, diversifying our partnerships abroad, and building Canada strong for all Canadians. I am in contact with Ambassador Greer. When the US is ready to engage, our government will work in good faith and constructively towards a more secure mutually beneficial trading relationship that fully respects Canadian sovereignty.

US Treasury Secretary, Scott Bessent said, “Over the next four years we will have to have another Bretton Woods moment…”

🇨🇦 NOW: Canada slaps tariffs of 15% to 50% on hundreds of US products, doubling duties on steel to 50% as PM Carney bets a hard line will strengthen Ottawa's hand against Trump.

🇯🇵 NEW: Citi offers instant cross-border payments for Japan firms via blockchain, per Nikkei.

BREAKING: Germany says Russia is dictator country it must be treated with iron hand.

💥BREAKING: THE DOLLAR JUST GOT ANOTHER WARNING Today Xi brokered a China-Egypt deal w/ 🇪🇬 President Sisi in Cairo to expand trade using in their own currencies, bypassing the USD. Piece by piece Beijing is building a global system that needs fewer dollars. @GoldTelegraph

BREAKING: Japan's central bank just pulled money out of the economy faster than at any point since 2007. Japan's monetary base shrank 15.7% year over year in August, worse than the 13.5% decline economists expected. This is the Bank of Japan actively draining liquidity, mainly by letting bond holdings run off instead of reinvesting, with the average outstanding base falling from ¥554.9 trillion in July to ¥543.0 trillion in August. This is the same force behind Japan's bond market chaos. Fewer yen in the system means fewer buyers for government bonds, which is a big reason JGB yields have been hitting 31-year highs across the board. The BOJ is trying to normalize policy after over a decade of money printing, but doing it while inflation is already hot and the yen is already weak is what's turning this into a full blown crisis.

🛢️🇺🇸 Bessent on the Strait of Hormuz: "In 2 years, the Strait of Hormuz will be a worthless piece of water. The oil will be going through pipelines across the land."

JUST IN: 🇨🇦🇺🇸 Prime Minister Carney says Canada will restart trade talks with the US when "the Americans stop doing memes."

BREAKING: 🇯🇵 Japan's 2-year bond yield surges to 1.77% today, hitting another 31-year high. The yield was negative just 3 years ago.

ああ、もし現在の経済秩序の崩壊を、世界的な大危機と重なるまで遅らせることができたら、どれほど都合がいいことだろう。 AI、量子コンピューティング、エネルギー危機。どれでも好きなものを選べばいい。 我々の「同盟国」は、すでに完璧なスケープゴート探しに奔走している。:)

🇻🇳 ADOPTION: Vietnam is moving to launch a regulated crypto market, with tokenized real-world assets at its core and licensed exchanges on the way.

🇺🇸 PRESIDENT TRUMP JUST NOW: Venezuelan oil will be used to refill the Strategic Petroleum Reserve, calling it a gift from Venezuela to the American people.

JUST IN: 🇺🇸 Tucker Carlson calls for President Trump to be removed from office "immediately."

JUST IN: Trump doubles US oil reserves

Treasury promised to sever every economic lifeline Tehran has left and finally end the threat of the Iranian regime. We also warned that Iran’s enablers cannot continue to enjoy access to the U.S. dollar and the global financial system. Banque Misr UAE decided to find out the hard way, and today, we are taking the first step in holding it accountable for its continued, egregious support of the Iranian regime.

BREAKING: Venezuela has been discussing leaving OPEC with US officials, per Bloomberg. This comes amid reports that the US is negotiating a deal to take a large stake in Venezuelan oil fields. Some US officials reportedly envision an “oil powerhouse” built from an alliance between the US and Venezuela that would greatly diminish OPEC’s influence. OPEC appears to be on the verge of losing its second member in four months.

NOW - Trump says Putin is "not gonna be attacking—a NATO territory."

LATEST: 📊 Arthur Hayes says Scott Bessent is following the same liquidity playbook as Janet Yellen — using bond buybacks to inject liquidity — and calls it the key reason Bitcoin's new bull market has begun.

JUST IN: 🇺🇸 Bank of America, Wells Fargo, Santander & over a dozen major banks move forward with plans to launch a crypto stablecoin.

🇭🇰 LATEST: Standard Chartered becomes the first bank authorized to distribute HKDAP, Hong Kong’s first regulated HKD-backed stablecoin.

POLICY: The U.S. expands Iran sanctions to cover crypto, gold, shipping, and tech. Treasury says Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.

President Trump has dismantled Iran’s military capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program. We are now entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary. The Islamic Republic has subsisted by dressing extortion as security guarantees. It has drawn strength from a calculus that regards Iranian retaliation as certain and American enforcement as negotiable. Under President Trump, that era is over. And those who fear the danger of defying Tehran ought not to discount the cost of testing Washington. The President has created the conditions to leverage every agency, every authority and action many assumed we would never summon. Our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone.

Canada just told Trump to F*** off. Canceled trade deal with the US. All tariffs by the US against Canada will be matched 1 to 1. Carney is not taking s**t from Trump. The trade war is on. New Zealand grow some balls or keep paying unlawful tariffs to the US?

New -- RBC analysis shows Trump's tariffs target almost exclusively Liberal voting provinces He's NUKING Carney's base. Surgical.

"Canadian home prices appear to have hit bottom," per RBC

🇺🇸 MIKE SELIG: “If Clarity continues to stall because of Democrats obstruction, the CFTC will utilize its existing authorities to begin establishing a regime for crypto asset markets.”

JUST IN: 🇨🇳🇺🇸 China says President Trump's threat to launch "economic warfare" on Iran and its trading partners won't work.

Wells Fargo and Abu Dhabi Bank traded over #XRPL Auto-Bridging over the last 24H #XRPL Auto-Bridging & Liquidity Intelligence Complete Consolidated Historical Baseline + Real-Time Live Auto-Bridging Stream @ChadSteingraber

JUST IN: CFTC @ChairmanSelig says "we've crossed the Rubicon and are standing at a new frontier of finance."

We've never had a bull run with Brad standing next to the President, the ledger more than capable of a full suite of institutional DeFi services, a full tradfi stack via acquisitions with Ripple products, a Clarity Act passing, and an $XRP without the hatred and the FUD.

XRP ETF's dominating the entire ETF market today! 🥳🎉

Brad needs to go to the White House more often. XRP up 30% in last 48 hours.

Great to be back at the White House today alongside @realDonaldTrump, @SECPaulSAtkins, @ChairmanSelig and leaders across the crypto industry. The big picture has never been clearer: 67 million Americans hold crypto today (that’s nearly 1 in 4!). Crypto isn't a fringe industry. And Washington DC knows the crypto voter is alive and well. This President's incredible commitment to innovation and leadership around digital assets in the US has been profound. The future is bright.

NEW: @HSBC and @StanChart complete the first live tokenized deposit transaction on Swift's blockchain ledger.