Author: Chris Smith
Coinbase CEO: Bitcoin is Best Option for US Crypto Reserve
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong has shared his perspective on US President Donald Trump’s recent announcement about the nation’s crypto reserve, suggesting that solely including Bitcoin might be the optimal choice.
UK to Expand Law Enforcement Powers to Seize Crypto
Reading Time: < 1 minuteThe UK government has introduced the Crime and Policing Bill, a legislative measure aimed at enhancing law enforcement’s capacity to seize illicit funds, including assets related to cryptocurrencies, originating from criminal activities.
SEC Drops Lawsuit Against Consensys
Reading Time: < 1 minuteThe US Securities and Exchange Commission has tentatively decided to drop its lawsuit against Consensys, the company behind MetaMask.
Bitwise Files Application to Launch an Aptos ETF
Reading Time: < 1 minuteBitwise Asset Management has initiated the process of launching an exchange-traded fund (ETF) focused on Aptos (APT) by filing for a Delaware trust associated with the proposed product.
Grayscale Seeks to List a Polkadot ETF on Nasdaq
Reading Time: < 1 minuteNasdaq has submitted a request to the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot Trust (DOT).
US Spot Bitcoin ETFs Lose $938M in a Day
Reading Time: < 1 minuteUS spot Bitcoin exchange-traded funds (ETFs) have experienced their largest-ever daily net outflows, as Bitcoin remains below $90,000.
SEC Acknowledges Grayscale’s Cardano ETF Filing
Reading Time: < 1 minuteGrayscale has submitted an application for a spot Cardano ETF, which the US Securities and Exchange Commission (SEC) has acknowledged.
South Korea’s Regulator Imposes a Three-month Restriction on Upbit
Reading Time: < 1 minuteThe Financial Intelligence Unit (FIU) of South Korea has temporarily restricted new customer transactions on the cryptocurrency exchange Upbit by issuing a partial business suspension.
eXch Denies Laundering Funds Stolen from Bybit
Reading Time: < 1 minuteMixing platform eXch, which faced suspicions of assisting North Korea’s hacker group Lazarus in money laundering, has firmly denied these allegations.
Bybit: We Have Closed the ETH Gap Following the Hack
Reading Time: < 1 minuteBybit has successfully replenished the 446,870 ETH, valued at $1.23 billion, that was stolen from its wallets.
Franklin Templeton Launches a New Crypto Product
Reading Time: < 1 minuteFranklin Templeton has introduced its newest crypto exchange-traded product, the Franklin Crypto Index ETF.
SEC Acknowledges Several Crypto ETF Filings
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has recognized around half a dozen exchange filings related to cryptocurrency exchange-traded funds (ETFs) over the past two days.
Brazil Greenlights World’s First Spot XRP ETF
Reading Time: < 1 minuteBrazil’s Securities and Exchange Commission (CVM) has approved the world’s first exchange-traded fund that directly holds XRP.
Robinhood to Launch in Singapore
Reading Time: < 1 minuteRobinhood intends to introduce cryptocurrency trading products in Singapore through its subsidiary, Bitstamp.
MicroStrategy Shares Plans to Buy More BTC
Reading Time: < 1 minuteStrategy is conducting a private offering of convertible senior notes, planning to raise $2 billion to purchase more Bitcoin.
BitGo Unveils an OTC Trading Desk for Institutions
Reading Time: < 1 minuteCrypto custody firm BitGo has unveiled a global over-the-counter (OTC) crypto trading desk that includes spot and derivatives trading, among a variety of other products.
Standard Chartered Files to Launch a Stablecoin Pegged to the Hong Kong Dollar
Reading Time: < 1 minuteStandard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) have announced plans to develop a stablecoin backed by the Hong Kong dollar.
Argentine President Denies Promoting LIBRA
Reading Time: < 1 minuteArgentina’s president, Javier Milei, has denied accusations that he endorsed the controversial Libra token, which quickly plummeted in value and led to several fraud lawsuits against the crypto-friendly leader, as well as calls for his impeachment.
Tether Collaborating With US Lawmakers in Stablecoin Framework Development
Reading Time: < 1 minuteTether is actively engaging with US regulators to help develop policies for stablecoins.
Australia’s Regulator Issues Warnings Against 50 Crypto Exchanges
Reading Time: < 1 minuteAustralia’s Anti-Money Laundering regulator has taken action against 13 remittance service providers and crypto exchanges.
Coinbase is Negotiating Return to Indian Market
Reading Time: < 1 minuteCoinbase is in discussions with Indian authorities to secure the necessary approval for re-entering the Indian market, which it exited in 2023.
Michigan Proposes to Establish a Bitcoin Reserve
Reading Time: < 1 minuteA proposal for establishing a strategic crypto reserve has been put forward in Michigan, making it the 20th state to consider a reserve backed by digital currency.
Franklin Templeton Makes its Tokenized Money Fund Available on Solana
Reading Time: < 1 minuteFranklin Templeton yesterday announced that its tokenized money fund has been launched on Solana.
Fed’s Governor Says Stablecoins Could Expand US Dollar Reach
Reading Time: < 1 minuteUS Federal Reserve Governor Christopher Waller suggested that stablecoins have the potential to extend the influence of the US dollar.
Goldman Sachs Expands Investments into Ether ETFs
Reading Time: < 1 minuteGoldman Sachs has ramped up its investments in Ether ETFs by an astonishing 2,000%, reaching $476 million by the end of 2024.

























