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AARP Backs CLARITY Act Ahead of Senate Banking Markup

AARP, the nation‘s largest nonprofit, nonpartisan organization that advocates for 125 million Americans age 50 and older, expressed strong support for provisions in the CLARITY Act market structure legislation released ahead of the Senate Banking Committee’s May 14 markup. The group urged lawmakers to preserve Section 205, which would require kiosk operators to register with the Treasury Department as money transmitters while protecting state power to regulate the machines.　　In a letter dated May 13 from Bill Sweeney, AARPs senior vice president of government affairs, to Chairman Tim Scott and Ranking Member Elizabeth Warren, the group described Section 205 as a critical safeguard against kiosk fraud targeting older Americans. The letter urged lawmakers to preserve both the Treasury registration requirement and the provision protecting state regulatory authority as the bill advances through markup and beyond. AARP described kiosks as one of the fastest-growing fraud vectors affecting older Americans. The organization also thanked the committee for incorporating the language into the legislation released before the markup.　　AARP wrote:　　“We write to express our strong support for provisions in the market structure legislation released ahead of the Committees markup.”　　kiosks now operate in supermarkets, convenience stores, gas stations, bars, and restaurants nationwide. Scammers impersonating government officials,

05-14

Sports Illustrated Is Turning The World Cup Into A 48-Nation Art Project

Getty Images　　Every four years, the World Cup becomes one of sport‘s ultimate global spectacles — a cultural juggernaut, in fact, that draws more viewers than the Olympics. That scale sits at the heart of a new editorial experiment from ahead of this year’s tournament, which has expanded to 48 teams for what will be the largest World Cup ever when it kicks off June 11 in Mexico City.　　In what the magazine has called one of the most “ambitious” creative projects in its history, commissioned dozens of artists from around the world to create a unique cover for every participating nation this year. The magazines June issue will spotlight each of those countries and their teams via 48 illustrated digital covers, plus four print covers — all of which have been filtered through the lens of everything from ancient symbolism to national celebrations and folklore-inspired visuals.　　One such cover imagines the French national team performing inside a Moulin Rouge-style setting, while another depicts Mexicos players as contemporary warriors. For the American cover, star Christian Pulisic is placed at the center of a fireworks-lit celebration of fans.　　The World Cup, through the eyes of global artists　　Steve Cannella, s editor-in-chief, told Forbes that the magazine

05-14

Moodys Flags Tokenization Tipping Point as BoE Treats Stablecoins as Money, KDDI Takes 14.9% Coincheck Stake

Tech　　Moodys Flags Tokenization Tipping Point as BoE Treats Stablecoins as Money, KDDI Takes 14.9% Coincheck Stake　　The TRUMP token slipped roughly 5% in early Thursday trading after Trump Mobile confirmed that its long-delayed T1 handset will finally begin shipping next week, ending months of speculation over the politically branded device. The handset, which industry observers say closely resembles a re-skinned HTC U24 from 2024, undergoes final assembly in the United States despite originating overseas. As a Mobile Virtual Network Operator, Trump Mobile does not manufacture devices in-house, mirroring the approach Solana took with its Saga phone. With the altcoin now down nearly 90% from launch, traders appear to be treating the shipment update as routine merchandise news rather than a meaningful catalyst.　　Major US banks and financial market intermediaries view the transition to a digitized financial system as inevitable, with most expecting it to unfold slowly before reaching a tipping point that triggers rapid acceleration, credit rating agency Moodys said in a Tuesday report. Near-term tokenization activity will likely remain concentrated in simpler segments such as money market funds and short-term instruments running alongside legacy rails. Industry leaders consulted by the agency emphasized that broad asset tokenization will happen, with debate centering

05-14

How Is the World’s Largest Solana Treasury Firm Down $1B in SOL Crash?

Forward Industries is facing a large unrealized loss on its Solana treasury after building one of the biggest listed corporate SOL positions near much higher market prices.　　The company holds nearly 6.98 million SOL, acquired at an average cost of about $232 per token. With Solana trading near $91 in mid-May, the position is worth roughly $637 million, compared with a purchase cost near $1.59 billion. That leaves Forward Industries with an estimated paper loss close to $983 million.　　The loss remains unrealized because the company has not sold the full position. However, the lower market value has already affected reported financial results through digital asset impairment charges. of $585.6 million, with $560.2 million tied to digital asset markdowns.　　Source:　　Forward became the largest listed Solana-focused treasury after raising capital through a $1.65 billion private investment in public equity. The PIPE was backed by major crypto investors including Galaxy Digital, Jump Crypto and Multicoin Capital. The company used that financing to build a large Solana reserve during a period of stronger market sentiment.　　Solana Price Drop Drives Treasury Loss　　Forward‘s Solana treasury has been hit mainly by the decline in SOL’s market price. The company accumulated its holdings at an average level far above current trading

05-14

BitMEX Launches the Copy and Conquer Campaign Featuring a 50,000 USDT Prize Pool

BitMEX, one of the leading crypto derivatives exchanges, announced today the launch of the Copy and Conquer campaign. Users can copy or reverse copy other leading traders to win their share of a 50,000 USDT prize pool.　　Copy Trading was introduced on BitMEX for all traders in 2025, with a unique Reverse Copy feature – an advanced function where traders can take the opposite direction of another trader. Copy trading of top Hyperliquid traders is also available, providing users with advanced profit opportunities in the safety of the BitMEX platform.　　The Copy and Conquer campaign will run from 14 May 2026 at 12:00 PM (UTC) to 14 June 2026 at 11:59 AM (UTC). Users can participate at any time during the campaign period.　　Rewards will be distributed across 2 categories:　　● For New Users: First-time copy traders can claim up to $50 in loss protection when they copy their first Copy Leader. Additionally, first-time reverse copy traders can also enjoy up to $50 in bonus profits if their first reverse copy trade returns a profit.　　● For All Users: By achieving copy trading volume tiers, all participants can claim up to $500 in trading credits.　　To participate in the Copy and Conquer campaign, traders must be

05-14

Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure

In briefThe Bank of England is reportedly reconsidering parts of its stablecoin plan.A 40% reserve floor could cost issuers £11.2 million per £1 billion in circulation.Observers say the banks shift could point to a move toward a more workable regime.　　The Bank of England is reconsidering key parts of its proposed rules, softening its push after industry pushback over planned limits on holdings and reserve requirements.　　Sarah Breeden, the Bank of Englands deputy governor for financial stability, told the Financial Times on Thursday that officials were weighing other approaches to containing stablecoin-related risks as the sector grows.　　“It was based on experience of potential liquidity stress,” Breeden said. “But we will look hard to see if we have been overly conservative in our thinking there.”　　Breeden noted the reserve proposal was based on liquidity stress seen during bank runs of late, including the deposit withdrawals from Silicon Valley Bank in 2023. She also acknowledged that the industry would prefer to hold more interest-earning assets.　　The central bank is “looking very hard at whether there are different ways we can manage what we think is an important risk as stablecoins come into play,” Breeden said.　　The remarks came a day after Sasha Mills, the Banks executive director

05-14

LDO Price Prediction: $0.45 Target Within 14 Days as Whale Accumulation Accelerates

LDOs Technical Reality Check　　The charts are painting a clear picture – LDO is coiled and ready to spring higher. Trading at $0.41 with an RSI sitting comfortably at 57, were seeing textbook accumulation behavior without any overbought concerns. The momentum structure tells an even better story: while MACD histogram sits flat at zero, the underlying MACD line at 0.0115 shows buyers are quietly building positions.　　What really catches my eye is the Bollinger Band positioning at 0.74 – this token is hugging the upper portion of its recent range, indicating sustained buying pressure. The technical foundation is rock solid with price action cleanly above the 7-day ($0.40) and 20-day ($0.39) moving averages. According to analysis from Blockchain.news, institutional-grade DeFi protocols like Lido continue attracting sophisticated capital flows despite broader market uncertainty.　　Volume & Price Alignment　　The derivatives market is screaming institutional accumulation. Open interest spiked 15.41% in just 24 hours to $17 million – thats serious money building positions. When I see whale positioning like this (top traders 52.2% long versus retail at 44.5% long), it usually precedes significant price moves.　　The funding rate at 0.01% remains neutral, meaning no excessive leverage is distorting the setup. More importantly, the taker buy/sell ratio at 1.063

05-14

Dogecoin Price Eyes $0.12 Breakout as Network Activity Begins Cooling—Will Bulls Reach $0.135?

The post Dogecoin Price Eyes $0.12 Breakout as Network Activity Begins Cooling—Will Bulls Reach $0.135？ appeared first on Coinpedia Fintech News　　The Dogecoin price has continued to show gradual strength over the past few weeks as the token steadily recovered from its lower support range near $0.09. Despite facing broader market volatility, DOGE managed to climb toward the crucial $0.117 resistance zone, signaling growing bullish momentum in the short term. However, the latest rejection near this range suggests traders are booking the profits as the price approaches a major breakout level.　　Is DOGE preparing for a bullish breakout above resistance, or will the current rejection trigger another short-term pullback before the next major move？　　DOGE Network Activity Begins to Cool　　Alongside the price recovery, Dogecoin also witnessed a major rise in network activity earlier this year. Active address data shows multiple spikes above the 100,000 mark during March and early April, reflecting strong speculative interest and rising retail participation across the memecoin sector. However, the latest trend suggests that network activity has started cooling significantly, with active addresses now stabilizing near the 35,000 to 40,000 range.　　This decline indicates that short-term speculative participation has weakened compared to previous peaks. In most cases, rising active addresses

05-14

Bitget Wallet Launches API Portal to Scale Onchain Trading

San Salvador, El Salvador, May 14, 2026 – Bitget Wallet, the leading everyday finance app, announced the launch of the Bitget Wallet API portal, a self-service gateway that helps developers and institutional partners add onchain trading with lower integration costs, faster deployment, and more reliable execution. Through the portal, partners can apply for access, manage API keys, and connect to Bitget Wallet‘s onchain trading infrastructure, including token swaps, cross-chain transactions, and market data. The launch follows the rollout of Bitget Wallet API and marks the company’s expansion into business infrastructure, as more fintech platforms, trading apps, and crypto services look to scale onchain trading without building complex backend systems from scratch.　　Bitget Wallet API gives partners one connection point for token swaps, cross-chain transactions, real-time market prices, and basic blockchain data. Built on Bitget Wallet‘s proprietary DEX aggregation engine, the API currently processes more than $20 million in average daily trading volume from aggregator partners and supports about 80% of core trading activity inside Bitget Wallet. For partners, this means they can add trading and market data features more quickly, while relying on trading infrastructure already tested at scale by Bitget Wallet’s consumer product.　　The launch comes as onchain trading becomes a

05-14

Bank of England Softens ‘Overly Conservative’ Stablecoin Plans Amid Industry Pressure

The Bank of England is reportedly reconsidering parts of its stablecoin plan.A 40% reserve floor could cost issuers £11.2 million per £1 billion in circulation.Observers say the banks shift could point to a move toward a more workable regime.　　The Bank of England is reconsidering key parts of its proposed rules, softening its push after industry pushback over planned limits on holdings and reserve requirements.　　Sarah Breeden, the Bank of Englands deputy governor for financial stability, told the Financial Times on Thursday that officials were weighing other approaches to containing stablecoin-related risks as the sector grows.　　“It was based on experience of potential liquidity stress,” Breeden said. “But we will look hard to see if we have been overly conservative in our thinking there.”　　Breeden noted the reserve proposal was based on liquidity stress seen during bank runs of late, including the deposit withdrawals from Silicon Valley Bank in 2023. She also acknowledged that the industry would prefer to hold more interest-earning assets.　　The central bank is “looking very hard at whether there are different ways we can manage what we think is an important risk as stablecoins come into play,” Breeden said.　　The remarks came a day after Sasha Mills, the Banks executive director for

05-14

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