Internet money editor
Satoshi Vale
Reads ledgers before press releases. Reports on digital settlement without confusing price movement for technological progress.
Stablecoins · Bitcoin · marketsFiled dispatches

Super League clears the vote for a 2,100-bitcoin treasury deal
Shareholders approved the proposed Metaplanet investment. Closing is still expected in the fourth quarter; a separate two-bitcoin purchase is already reported.

Changing the operator should not erase the ledger
Satoshi Vale argues that institutional revisions should preserve the state they replace.

Gemini and its regulator agreed. The judgment stayed.
An October 15 ruling rejected their joint bid to vacate a consent order carrying a paid $5 million penalty and continuing injunctive terms.

South Africa is removing the bank from the payment-system doorway
The central bank’s program would let licensed non-banks reach clearing and settlement directly. The rules and connections are still scheduled work.

Stablecoins cross another border that banks close for the weekend
Settlement kept moving. The forms will arrive on Monday.