Topic: #digital-assets
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Vanguard hires digital assets chief, reversing years of crypto resistance
Vanguard, which manages $12.5 trillion globally and previously blocked crypto ETF purchases, is hiring a head of digital assets to lead strategy on tokenization, stablecoins, and blockchain infrastructure as competitors rapidly scale tokenized products.
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British teenager sanctioned by Russia over A7A5 stablecoin sanctions-evasion report
Alexander Browder, 17, has become the youngest person sanctioned by Russia after alleging the A7A5 stablecoin was used to evade Western sanctions. His father, activist Bill Browder, called him the first high school student in the world targeted by an authoritarian regime over such allegations.
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Crypto treasury inflows hit lowest level since October 2024
Digital asset treasury companies saw inflows drop to $180 million in May, down 95% from April's $4.4 billion, marking the slowest month since October 2024. Bitcoin treasury firms accounted for 98% of inflows, while investors increasingly reassess passive holding models amid ETF competition and pressure to generate active yield.