Market News

The South African Reserve Bank (SARB) has issued a new warning on digital assets. In its latest financial stability review, the central bank flagged cryptocurrencies and stablecoins as emerging risks...

South Korea’s Kakao Bank has advanced its stablecoin initiative to the development stage, leading to an advertisement seeking applicants with the required skills and experience to approach the financial institution...

Russian regulators are moving to scrap the controversial “Superqual” investor status. This classification currently restricts legal crypto trading to ultra-high-net-worth individuals. The Finance Ministry indicated it is now ready to...

Ethereum could face more downside before a rebound early next year, Bitmine’s chairman,  Tom Lee, said in a recent conversation with Chris Perkins of Wealthion.  The founder of Fundstrat expects...

Spain’s governing coalition is pushing for a drastic increase in cryptocurrency taxes. The Sumar parliamentary group has introduced amendments that would tax crypto profits at a top marginal rate of...

Polymarket announced Tuesday that the Commodity Futures Trading Commission granted approval for the prediction market to return to the United States through a regulated exchange framework. The CFTC issued an...

Klarna plans to introduce a U.S. dollar-backed stablecoin as competition intensifies in the digital payments market. The company is preparing its expansion at a time when global regulators strengthen oversight...

Chen Zhi, a Fujian-born Cambodian businessman, is now at the center of an international investigation that ties him to one of the largest financial fraud operations uncovered in recent years....

Decentralized finance is no longer a niche idea sitting on the edge of the crypto world. According to Chainlink Co-Founder Sergey Nazarov, DeFi has already covered about 30% of its...

Strategy Inc. (MSTR) has issued a detailed defense of its balance sheet amid rising volatility. The company released a new capital structure analysis on Tuesday. It claims a robust 5.9x...

The United Arab Emirates has introduced a wide regulatory overhaul that reshapes how the Central Bank functions across the national financial system. The new framework expands regulatory tools, sharpens institutional...

President Donald Trump expects to name the next Federal Reserve Chair before Christmas. Treasury Secretary Scott Bessent confirmed the accelerated timeline this week, stating the search has entered its final...

U.S. Bancorp has begun tests for a proprietary stablecoin on Stellar, one of the leading public networks built for asset tokenization. Bloomberg first reported the development, with confirmation from the...

Texas has become the first U.S. state to execute a direct purchase of Bitcoin for its balance sheet. The state deployed $5 million into the asset on November 20, securing...

Bitget Wallet, a popular finance app, now lets users in Nigeria and Mexico convert USDT and USDC into naira and peso, and send money to local bank accounts in minutes....

The Department of Government Efficiency (DOGE) boldly rejected claims that it had been dissolved ahead of schedule and fired back at a Reuters report that said the agency no longer...

Eric Trump, co-founder of American Bitcoin Corp, shared a video tour of the company’s Texas Bitcoin mining facility on Monday. The video showed the operational infrastructure behind the company’s mining...

Pump.fun’s anonymous co-founder Sapijiju has dismissed a report by Lookonchain, a crypto analysis platform, claiming the blockchain project cashed out on a recent ICO. According to Sapijiju, the post by...

Galaxy Digital is exploring partnerships with prediction market platforms Polymarket and Kalshi to serve as a liquidity provider, according to a Bloomberg report. The firm’s CEO, Mike Novogratz, confirmed the...

The cofounders of the Berachain (BERA) chain have denied special treatment for some investors over others. According to a pseudonymous co-founder of Berachain on X alias @SmokeyTheBera, all the participating...

Bitmine (BMNR) stock surged nearly 20% in the early hours of Tuesday following the mining company’s latest disclosure of its digital asset holdings. On Monday, November 24, the crypto miner...

After several days of a bearish trend, the crypto market is bullish again, with Bitcoin making a renewed attempt at the $90K level. Today, Bitcoin briefly reclaimed $89,206 after having...

Japan is preparing another overhaul of its digital-asset framework as regulators move to require cryptocurrency exchanges to maintain domestic safety reserves that protect customer funds during operational failures or security...

Terror victims from the October 2023 attack in Israel have sued Binance and its founder, Changpeng Zhao, for facilitating payments to Hamas and other US-designated terror groups. Terror Victims’ Position...

Monad’s long-anticipated mainnet launch has triggered its first major breakout. The MON token rose 42% in the past 24 hours, now trading at $0.03632 with a market cap of $392.39...