Author: Chris Smith
Whale Acquires $200M in Bitcoin
Reading Time: < 1 minuteBitcoin whales have notably increased their holdings in the last 24 hours, according to on-chain data.
Fidelity to Launch the Fidelity Treasury Digital Fund
Reading Time: < 1 minuteFidelity Investments has submitted a filing with the US Securities and Exchange Commission (SEC) to introduce the Fidelity Treasury Digital Fund.
US Treasury Drops Case Against Tornado Cash
Reading Time: < 1 minuteThe US Treasury Department announced that a final court judgment is unnecessary in the lawsuit concerning its sanctions on Tornado Cash, as the crypto mixer has been removed from the sanctions list.
Australia Introduces a New Crypto Regulatory Framework
Reading Time: < 1 minuteThe Australian government has introduced a regulatory framework for digital assets.
Kraken About to Close Deal to Offer Crypto Futures in US
Reading Time: < 1 minuteKraken is close to finalizing a $1.5 billion acquisition of the US futures trading platform NinjaTrader.
Xapo Bank Launches Bitcoin-Backed Loans
Reading Time: < 1 minuteXapo Bank, based in Gibraltar, has introduced Bitcoin-backed loans, allowing consumers to access USD funds without selling their assets.
Minnesota Senator Puts Forward a Bitcoin Act
Reading Time: < 1 minuteMinnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act after revising his stance on Bitcoin.
Ripple Labs Files Trademark Application to Offer Custody Services
Reading Time: < 1 minuteRipple Labs has filed a trademark application for “Ripple Custody,” detailing financial services focused on the storage and management of crypto assets to meet financial management needs.
Outflows from Crypto ETPs Reach $1.7B
Reading Time: < 1 minuteCryptocurrency exchange-traded products (ETPs) experienced significant selling last week, marking the fifth consecutive week of outflows, totaling $1.7 billion exiting the market.
Crypto Platform Debiex Ordered to Pay $2.5M to CFTC in Fraud Case
Reading Time: < 1 minuteA US federal judge has ordered Debiex to return approximately $2.26 million to its customers, which the platform allegedly took through romance scams.
Bolivia Will Pay Energy Imports with Crypto
Reading Time: < 1 minuteBolivia’s state-owned energy company, YPFB, plans to use cryptocurrency for energy imports, as reported by Reuters on March 13.
Turkey Tightens its Crypto Regulations
Reading Time: < 1 minuteTurkey has introduced enhanced regulations, tightening restrictions on crypto exchanges and custodial services.
US Solana ETFs Coming Soon, Exec Says
Reading Time: < 1 minuteThe upcoming launch of Solana futures on the Chicago Mercantile Exchange (CME) indicates that the first US SOL exchange-traded fund (ETF) listings may be on the horizon.
Russia’s Central Bank May Allow Crypto Trading for Wealthy Investors
Reading Time: < 1 minuteThe Bank of Russia has proposed legislation for a three-year experimental regime allowing crypto investment by wealthy individuals.
Nebraska Approves Bill to Regulate Crypto ATMs
Reading Time: < 1 minuteNebraska Governor Jim Pillen has signed a new law aimed at combating cryptocurrency fraud amid a rise in crypto ATM crimes across the United States.
Coinbase to Relaunch Crypto Trading Services in India
Reading Time: < 1 minuteCoinbase is set to re-enter the Indian market after securing a crucial regulatory approval.
What is Bitcoin?
Reading Time: 2 minutesBitcoin is a digital currency created by Satoshi Nakamoto to allow people send and receive money without the need of intermediaries.
Thai Regulator Approves USDC and USDT
Reading Time: < 1 minuteThailand’s financial regulator is expanding its list of approved cryptocurrencies to include the two largest stablecoins, Tether’s USDT and Circle’s USDC, as trading pairs on digital asset exchanges.
REX-Osprey Files Application for a MOVE ETF
Reading Time: < 1 minuteAsset manager REX-Osprey has announced plans to launch an exchange-traded fund (ETF) that will include the Movement Network’s native token, MOVE.
Utah Passes Bitcoin Bill
Reading Time: < 1 minuteLate Friday, Utah lawmakers passed legislation aimed at providing regulatory clarity, but they removed a key provision that would have allowed the state to invest public funds in cryptocurrency.
Kraken to Go Public in 2026
Reading Time: < 1 minuteKraken is contemplating an initial public offering (IPO) as early as the first quarter of 2026, although the company may still alter its plans.
Kraken is Preparing for Next Payments to FTX Creditors
Reading Time: < 1 minuteKraken has announced that it will begin the next phase of FTX-related creditor repayments on May 30, focusing on claimants with claims over $50,000.
Japan’s Ruling Party to Slash Crypto Capital Gains Tax to 20%
Reading Time: < 1 minuteJapan’s ruling political party, the Liberal Democratic Party (LDP), is advancing a comprehensive regulatory reform for cryptocurrencies.
Mt. Gox Transfers $1 Billion in Bitcoin to New Address
Reading Time: < 1 minuteCustodians of Mt. Gox’s Bitcoin holdings have recently transferred 11,833.64 BTC, valued at over $1 billion.
Coinbase to Launch Securitized Tokens in US
Reading Time: < 1 minuteCoinbase plans to introduce securitized tokens in the US market, a move that could revolutionize the trading of traditional assets on blockchain platforms.
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