South Korea Plans Sanctions Against BitMEX, KuCoin, Others: Report
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Crypto News

South Korean financial authorities are planning sanctions against crypto exchanges who are operating illegally in the country, business newspaper Hankyung reported on Friday. The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as Virtual Asset Service Providers (VASPs) as targets for sanctions, according to the report. The exchanges targeted – […]

Fidelity Files for OnChain U.S. Treasury Fund, Joining the Asset Tokenization Race
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Crypto News

U.S.-based asset manager Fidelity Investments has filed paperwork to register a blockchain-based, tokenized version of its U.S. dollar money market fund, aiming to join the tokenized asset race. According to a Friday filing to the U.S. Securities and Exchange Commission (SEC), the company seeks to register an “OnChain” share class of its Fidelity Treasury Digital […]

The SEC Resets Its Crypto Relationship
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Crypto News

The U.S. Securities and Exchange Commission is looking to reset its relationship with the crypto industry, even before a permanent chair is confirmed by Congress. The latest effort was Friday’s roundtable, hosted at the SEC’s headquarters in Washington, D.C. and featuring a dozen attorneys representing different views and positions within the crypto industry. You’re reading […]

Coinbase Could Be Near Multi-Billion Dollar Deal for Deribit: Bloomberg
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Crypto News

Animal spirits in the crypto industry continue to be evident amid the eased regulatory stance of the Trump administration, with leading U.S. spot exchange Coinbase (COIN) in advanced acquisition talks with leading global derivatives exchange Deribit, reports Bloomberg. According to the story, the companies have notified Dubai regulators (where Deribit is licensed) about the discussions. […]

SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable
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Crypto News

WASHINGTON, D.C. — The staff at the U.S. Securities and Exchange Commission has embraced the chance to finally work with the crypto industry to hash out policy for overseeing digital assets transactions, said Commissioner Hester Peirce, the head of the agency’s crypto task force. The securities regulator is ready “to seek earnestly to find a […]

Metaplanet, Japan's Biggest Corporate Bitcoin Holder, Adds Eric Trump as Advisor
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Crypto News

Tokyo-based Metaplanet is forming a strategic board of advisors with Eric Trump as one of the appointees, as the company continues to spur bitcoin (BTC) adoption, according to a press release on Friday. “We are honored to welcome Eric Trump as the first member of our Strategic Board of Advisors and look forward to welcoming […]

Nasdaq’s Shift To Round-The-Clock Stock Trading Due to Crypto, Says Exchange Executive
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Crypto News

Stock and other traditional financial asset traders across the world are wanting to be able to buy and sell assets around the clock, resulting in two of the biggest stock markets in the U.S., Nasdaq and the New York Stock Exchange (NYSE) making moves to offer round-the-clock trading soon. “We definitely see that this is […]

Ripple CEO Confident of XRP Being Included in U.S. Strategic Reserve, Says IPO is 'Possible'
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Crypto News

Ripple CEO Brad Garlinghouse sees closely related XRP as part of the White House’s proposed digital asset stockpile and anticipates the launch of an XRP exchange-traded fund (ETF) before the end of 2025, per a Bloomberg Markets interview. Garlinghouse’s optimism came after the resolution of Ripple’s long-standing legal battle with the U.S. Securities and Exchange […]

Dubai Starts Real Estate Tokenization Pilot, Forecasts $16B Market by 2033
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Crypto News

The Dubai Land Department (DLD), a government agency for the real estate industry, said it started a real estate tokenization pilot program, claiming to be the first property registration authority in the Middle East to use blockchain technology for property title deeds. The initiative was developed with the digital assets watchdog Virtual Assets Regulatory Authority […]

Lessons from the Bybit Hack
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Crypto News

The recent security breach for around $1.5 billion at Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sent ripples through the digital asset community. With $20 billion in customer assets under custody, Bybit faced a significant challenge when an attacker exploited security controls during a routine transfer from an offline “cold” wallet to a […]

Multicoin’s Samani Explains Why SOL ETF Could Trounce ETH’s
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Crypto News

Solana doesn’t yet have an exchange-traded fund, but one of the asset’s biggest backers is betting the Wall Street-friendly vehicle could come in 2025 — and believes it’s well-positioned to trounce Ethereum’s various similar products. Multicoin Capital’s Kyle Samani — a major investor in SOL and countless subordinate protocols — has been publicly pressing the […]

Solana Protected Gender Identity Before Panning It in Anti-Queer Ad
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Crypto News

The Solana Foundation nixed an ad widely criticized for being anti-queer late Monday, nearly nine hours after seemingly invoking the culture wars as a mechanism to boost conference attendance. The now-deleted spot imagines “America” in therapy. A human embodiment of the nation desperately wants to think big – about tech, crypto, space travel. But he […]