Digital Asset

Digital asset investment products experienced a significant exodus last week, with a massive $726 million being withdrawn. This outflow, among the largest this year, was fueled by anticipation surrounding potential...

At the Korea Blockchain Week 2024 event, SEC commissioner Mark T. Uyeda emphasized the need for the agency to create a specialized S-1 registration form for digital asset securities. He...

The crypto community was lit up last week with talk of Russia possibly launching two crypto exchanges. However, the latest report contradicts this, stating Russia is not planning to expand...

RakBank and Bitpanda Technology Solutions are joining forces to launch a new digital asset management platform in the UAE, pending regulatory approval from the Central Bank of the UAE. This...

Meltem Demirors, a prominent figure in the cryptocurrency sector, has launched Crucible Capital, a new venture firm aiming to raise $75 million across two funds. Known for her influential role...

The European Union is exploring a controversial proposal to establish a centralized “Asset Register,” a comprehensive database designed to track citizens’ assets across the bloc. This initiative aims to combat...

Cryptocurrency adoption is surging globally, with the UAE and Vietnam leading the way, according to new data from Triple-A. Data from Triple-A reveals the UAE leads the world in cryptocurrency...

Italy is set to tighten its regulatory grip on the cryptocurrency market, introducing stricter rules to combat illicit activities and enhance oversight. A draft decree, reviewed by Reuters, details plans...

Laser Digital (AD) Limited, a subsidiary of global financial services group Nomura, has secured a Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority....

South Korea’s cryptocurrency market faces a sweeping regulatory crackdown. Starting in July, approximately 600 virtual assets will be evaluated against new standards, with those failing to comply facing potential delisting....

Crypto investor Brian Kelly suggested Solana (SOL) could be the next cryptocurrency to secure a spot exchange-traded fund (ETF) in the US, following the SEC’s anticipated decision on a spot...

Recent reports state that HTX’s Hong Kong subsidiary, Huobi HK, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) for the...

A recent article shared by cryptocurrency giant Ripple highlights the critical role of custodians in managing ETFs. Custodians are responsible for the security, accessibility, and regulatory compliance of the Bitcoins...

Bitcoin dipped below $60K for a short time as the wider crypto market collapsed. The Israel-Iran violence seems to have an adverse effect on the crypto market. The anticipated Bitcoin...

STFIL’s core team faces legal scrutiny in China, sparking concerns in the crypto community. Unexpected FIL transfers and protocol upgrades at STFIL stir the need for community vigilance. Filecoin’s price...

FTX customers object to a compensation plan that excludes crypto market gains over the past year. More than 80 individuals have filed objections challenging the valuation strategy. FTX pegs customers’...

Cardano (ADA) whales accumulated tokens worth around $14 million recently.  The accumulation spike is speculated as a possible sign the token could be gearing up for a run to the...

The ECB President Christine Lagarde revealed that her son has lost about 60% of his investments in cryptocurrencies. Lagarde asserted that though her son disregarded his warnings against crypto, he...

FTX sues Bybit, its investment branch Mirana Corp, and an affiliated crypto exchange, Time Research. The platforms allegedly withdrew a total of around $953 in funds and assets using VIP...

Coinbase announces the delisting of five tokens due to non-compliance with listing standards. Affected tokens include CRPT, MXC, QSP, REN, and TONE, with a combined market valuation of $60 million....

The Hong Kong SFC has restructured its regulatory approach to virtual assets, introducing new updates to the virtual asset policy. The new policy restricts the sale of complex virtual asset...

South Korea’s customs agency recently highlighted crypto trading’s role in illegal forex transactions. The Financial Services Commission (FSC) has also taken note of OTC crypto trading’s role in financial crimes....

Deutsche Bank to offer bitcoin custody solution for institutional clients. Cake Group CEO believes the move will not substantially increase capital inflow or attract new participants. Deutsche Bank’s Paul Maley...

Colin Wu reported a Solana address marked as an FTX cold wallet is transferring funds. The address transferred the likes of LINK, SUSHI, LUNA, and YFI to an Ethereum wallet....

Barry Silbert’s Digital Currency Group is undergoing scrutiny by the New York Attorney General. The regulator is investigating the DCG over its dealings with Genesis Global Capital. Details of the...