According to CNBC, Compass has transitioned its trading activities to be denominated in US dollars. This strategic shift highlights the growing trend of companies favoring the dollar for international transactions. Analysts suggest that this move could influence other companies to adopt similar strategies, potentially impacting global currency trading dynamics.

According to Miles Deutscher, Bitcoin (BTC) has become the world's 11th largest currency, highlighting its growing influence in global financial markets. This development may impact trading strategies as BTC continues to solidify its position as a major currency, potentially influencing its volatility and liquidity.

According to Crypto Rover, Swiss National Bank President Martin Schlegel announced the rejection of Bitcoin as a currency, citing its excessive volatility and lack of stable currency characteristics, impacting its potential acceptance in institutional portfolios.