Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Galaxy Establishes Presence in Abu Dhabi Market
Reading Time: < 1 minuteGalaxy, a firm specializing in digital asset management and infrastructure, is extending its reach into the Middle East with plans for a new office and legal entity in Abu Dhabi.
Japan Proposes Overhaul in Cryptocurrency Classification
Reading Time: < 1 minuteJapan’s financial authorities are set to reclassify crypto assets, moving their regulatory supervision away from the nation’s payments system and into rules designed for investment products.
CryptoQuant Sees Path to $112,000 for Bitcoin Amid Fed Decision
Reading Time: < 1 minuteBitcoin’s recent price recovery could accelerate in the near future, contingent on a shift in tone from the Federal Reserve.
Stripe Acquires Team from Valora Wallet in Stablecoin Push
Reading Time: < 1 minutePayments giant Stripe is growing its cryptocurrency capabilities by acqui-hiring the team behind the crypto startup Valora.
Stripe and Paradigm’s Tempo Blockchain Launches Public Testnet
Reading Time: < 1 minuteThe Tempo blockchain, a joint project from Stripe and Paradigm, has launched its first public testnet. This move represents a significant milestone toward the official release of the new layer-1 blockchain.
Dormant Silk Road Wakes, Moving Millions in Bitcoin
Reading Time: < 1 minuteHundreds of cryptocurrency wallets linked to the defunct Silk Road darknet marketplace activated on Tuesday after a decade of dormancy.
CryptoUK Integrates with The Digital Chamber Amid Regulatory Development
Reading Time: < 1 minuteThe Digital Chamber is extending its global reach through a new alliance with CryptoUK, the leading digital asset trade association in the United Kingdom.
OCC Greenlights Banks for Crypto Intermediary Role
Reading Time: < 1 minuteA national US bank regulator stated on Tuesday that banks are permitted to act as intermediaries for cryptocurrency transactions.
UK Financial Regulator Consults Crypto Sector on Proposed Investment Rules
Reading Time: < 1 minuteThe Financial Conduct Authority (FCA) in the United Kingdom has unveiled a series of proposals designed to reshape the domestic investment landscape.
HashKey Exchange Initiates Hong Kong IPO in Major Crypto Market Move
Reading Time: < 1 minuteHashKey Holdings Limited, which operates Hong Kong’s largest licensed cryptocurrency exchange, has officially commenced its initial public offering process in the city.
BlackRock Submits Application for Staked Ether ETF to US Regulator
Reading Time: < 1 minuteThe US-based asset management giant BlackRock has filed to list an exchange-traded fund tied to staked Ether, expanding its suite of cryptocurrency-linked offerings for investors.
Tether’s USDT Gains Formal Approval in Abu Dhabi’s Financial Hub
Reading Time: < 1 minuteTether’s USDT stablecoin has achieved regulatory recognition as an accepted fiat-referenced token across multiple major blockchains within the Abu Dhabi Global Market (ADGM).
Spot Digital Asset Trading Approved for CFTC-Registered Venues
Reading Time: < 1 minuteThe agency announced the move on Thursday, marking a significant step in formalizing digital asset markets within the US regulatory framework.
Argentina Explores Path for Banks to Enter Crypto Market
Reading Time: < 1 minuteArgentina is evaluating a regulatory shift that would permit its domestic banks to trade digital assets and provide cryptocurrency services.
Bank of Italy to Lead Comprehensive Crypto Safeguard Assessment
Reading Time: < 1 minuteItalian authorities have commissioned a comprehensive evaluation of defenses against cryptocurrency risks, which are perceived to be on the rise.
Polish Legislature Upholds Crypto Veto, Defying Premier’s Security Plea
Reading Time: < 1 minutePoland’s government could not muster the votes on Friday to override a presidential veto of legislation meant to regulate digital assets.
IMF Sounds Alarm on Stablecoin Threat to National Economies
Reading Time: < 1 minuteThe International Monetary Fund issued a warning that stablecoins present a significant risk of accelerating currency substitution in nations with less robust monetary systems.
SEC Issues Leverage Warnings to ETF Sponsors
Reading Time: < 1 minuteThe US Securities and Exchange Commission has dispatched cautionary letters to a number of exchange-traded fund sponsors.
Franklin Templeton Introduces Solana ETF to Market
Reading Time: < 1 minuteThe asset management firm Franklin Templeton has expanded its digital asset offerings with a new exchange-traded fund.
Saylor Confirms Talks with MSCI as Index Exclusion Deadline Nears
Reading Time: < 1 minuteMichael Saylor, the chairman of the corporate Bitcoin giant Strategy, confirmed his company is in discussions with index provider MSCI.
A New Legal Category for Digital Assets in the UK
Reading Time: < 1 minuteThe United Kingdom has established a new legal status for cryptocurrencies.
Florida Appeals Court Revives $80 Million Lawsuit Against Binance
Reading Time: < 1 minuteA Florida appeals court has reinstated a major lawsuit against cryptocurrency exchange Binance.
Binance Elevates Co-Founder Yi He to Co-CEO Role Alongside Richard Teng
Reading Time: < 1 minuteBinance has appointed its co-founder, Yi He, to the position of co-chief executive officer, placing one of the exchange’s original architects into a formal top leadership role beside CEO Richard Teng.
Kraken Acquires Backed Finance to Bolster Tokenization Strategy Pre-IPO
Reading Time: < 1 minuteCryptocurrency exchange Kraken has entered into an agreement to purchase Backed Finance, the tokenized asset issuer that powers its xStocks offering.
Bank of America Endorses Up to 4% Crypto Allocation in Major Policy Shift
Reading Time: < 1 minuteBank of America has formally issued guidance recommending that its wealth management clients consider allocating between 1% and 4% of their portfolios to cryptocurrencies.
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