Author: Tony Pearce
Circle Launches its Stablecoin USDC in Japan
Reading Time: < 1 minuteCircle, a leading global financial technology company and stablecoin market leader, has announced its strengthened commitment to Japan.
Coinbase Legal Chief Criticizes US Treasury for Attempting to Dismiss Tornado Cash Suit
Reading Time: < 1 minuteCoinbase’s Chief Legal Officer, Paul Grewal, criticized the US Treasury for attempting to dismiss the Tornado Cash lawsuit by labeling the case as moot.
SEC Clarifies Proof-of-Work Mining Does Not Violate Securities Laws
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) clarified on Thursday that Proof-of-Work (PoW) cryptocurrency mining activities will not be subject to existing securities laws.
Coinbase Becomes Ethereum’s Largest Node Operator
Reading Time: < 1 minuteCrypto exchange Coinbase has become the largest node operator on the Ethereum network, managing 11.42% of the total staked Ether.
Pakistan to Legalize Cryptocurrencies
Reading Time: < 1 minutePakistan is considering legalizing cryptocurrency to draw international investments.
BlackRock Believes US Recession May Help Bitcoin Grow
Reading Time: < 1 minuteBlackRock’s head of digital assets, Robbie Mitchnick, believes Bitcoin has the potential to thrive in a recessionary macro environment, contrary to some analysts’ opinions.
Coinbase Report Unveils 83% of Institutions Will Expand Crypto Allocations
Reading Time: < 1 minuteOver 80% of institutional investors surveyed plan to increase their crypto allocations by 2025.
Hashdex Files to Add Altcoins to Crypto Index ETF
Reading Time: < 1 minuteHashdex is seeking SEC approval to expand its Nasdaq Crypto Index US ETF to include XRP, Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI), as per a recent amendment.
VanEck Files for an Avalanche ETF
Reading Time: < 1 minuteVanEck has filed for an exchange-traded fund (ETF) that will track Avalanche’s AVAX coin.
Understanding Crypto Wallets
Reading Time: < 1 minuteA crypto wallet serves as your digital bank account.
Trump’s Family Negotiating to Acquire Stake in Binance
Reading Time: < 1 minutePresident Trump’s family is reportedly negotiating a stake in Binance.US, potentially deepening their involvement in the crypto industry.
OKX Obtains a MiFID II License
Reading Time: < 1 minuteOKX Europe has acquired a Malta-licensed firm with a Markets in Financial Instruments Directive II (MiFID II) license.
Bitwise Launches ETF Tracking Firms With Large BTC Holdings
Reading Time: < 1 minuteBitwise Asset Management has introduced the Bitwise Bitcoin Standard Corporations ETF, trading under the ticker OWNB.
US House Overturns IRS DeFi Broker Rule
Reading Time: < 1 minuteThe US House of Representatives has voted to overturn an IRS rule that would classify crypto entities as brokers required to collect specific taxpayer and transaction information.
Coinbase Unveils Plans to Offer 24/7 Bitcoin and Ethereum Futures in US
Reading Time: < 1 minuteCoinbase will soon introduce 24/7 futures trading for Bitcoin and Ethereum through its Coinbase Derivatives platform, marking a first for US clients.
El Salvador Keeps Buying BTC
Reading Time: < 1 minuteEl Salvador continues to purchase Bitcoin despite an agreement with the International Monetary Fund (IMF) to limit its Bitcoin acquisitions.
Michael Saylor: US Government Must Buy 25% of Bitcoin Supply
Reading Time: < 1 minuteMichael Saylor, founder of Strategy, has proposed an ambitious plan for the US government to acquire up to 25% of Bitcoin’s total supply over the next decade.
Trump Signs Order to Establish a Crypto Reserve
Reading Time: < 1 minuteUS President Donald Trump signed an executive order on Thursday to create a strategic Bitcoin reserve.
Bitwise Files Application to Launch an Aptos ETF
Reading Time: < 1 minuteBitwise yesterday submitted an S-1 application to the US Securities and Exchange Commission (SEC) to introduce an Aptos (APT) exchange-traded fund.
Metaplanet Buys Another $43.9M Worth of BTC
Reading Time: < 1 minuteJapanese investment firm Metaplanet has invested an additional $43.9 million to acquire 497 BTC.
SEC Withdraws Lawsuit Against Crypto Exchange Kraken
Reading Time: < 1 minuteKraken announced on Monday that the US Securities and Exchange Commission has agreed in principle to dismiss a civil lawsuit alleging it operated as an unregistered securities exchange.
Coinbase and Gemini Say US Crypto Reserve Should Only Include BTC
Reading Time: < 1 minuteThe CEOs of leading crypto exchanges, Coinbase and Gemini, believe that Bitcoin may be the only cryptocurrency suitable to serve as a US reserve asset.
Trump Says US Crypto Reserve Will Include XRP, Solana, and Cardano, and Prices Soar
Reading Time: < 1 minuteBitcoin, along with major cryptocurrencies Ripple’s XRP, Solana, and Cardano, soared after Donald Trump announced plans to establish a US crypto reserve.
Pakistan to Regulate Crypto with New Advisory Council
Reading Time: < 1 minutePakistan’s finance ministry has revealed plans to consider forming a National Crypto Council, representing a shift in the ministry’s approach to digital assets.
SEC Ends Investigation Into Gemini
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) may have concluded its dealings with Gemini, but Gemini is not letting the matter rest with the SEC.