Senators Kirsten Gillibrand and Cynthia Lummis are spearheading a significant legislative effort aimed at refining the regulation of stablecoins, a type of cryptocurrency pegged to stable assets like the U.S. dollar. Their proposed bill is poised to introduce comprehensive guidelines that will regulate stablecoin issuances and ensure robust consumer protections while fostering … [Read more...] about Stablecoin Oversight: U.S. Senators Propose Clear Guidelines
Korean won becomes a powerhouse in crypto trading
The Korean won has risen to prominence in the world of cryptocurrency trading, surpassing other national currencies in trading volume with bitcoin. This surge in activity highlights South Korea's growing influence in the digital currency market. … [Read more...] about Korean won becomes a powerhouse in crypto trading
Hong Kong approves first bitcoin and ether spot ETFs
Hong Kong approved the launch of several spot bitcoin and ethereum exchange-traded funds (ETFs). … [Read more...] about Hong Kong approves first bitcoin and ether spot ETFs
Hong Kong may launch spot bitcoin ETFs in April
Hong Kong’s financial regulator, the Hong Kong Securities and Futures Commission (SFC), is likely to allow launching of spot bitcoin ETFs as soon as this month, according to Bloomberg. … [Read more...] about Hong Kong may launch spot bitcoin ETFs in April
The 2024 crypto elite: Unveiling the richest billionaires in the world of cryptocurrencies
In a landscape where digital currencies continue to reshape traditional notions of wealth, the latest report on the richest crypto billionaires offers a fascinating glimpse into the individuals driving this financial revolution. With fortunes rivaling those of traditional tycoons, these digital pioneers stand as beacons of a new era in global economics. … [Read more...] about The 2024 crypto elite: Unveiling the richest billionaires in the world of cryptocurrencies
BlackRock bitcoin ETF holdings surpassed 250,000 BTC
BlackRock's IBIT spot bitcoin exchange-traded fund reached 252,011 BTC (~$17.8 billion) in assets under management, just 3 months after trading began. … [Read more...] about BlackRock bitcoin ETF holdings surpassed 250,000 BTC
Binance Launchpool Announces Ethena as 50th Project
Binance has announced the 50th project on Binance Launchpool – Ethena (ENA), a synthetic dollar protocol. … [Read more...] about Binance Launchpool Announces Ethena as 50th Project
The EU’s clampdown on anonymity: A blow to the crypto industry’s ethos
The European Union's recent enactment of stringent anti-money laundering (AML) laws marks a significant turning point for the cryptocurrency industry within its jurisdiction. By targeting anonymous crypto transactions and self-custody wallets, the EU aims to tighten the noose on illicit financial flows. However, this move has sparked concerns among crypto enthusiasts and … [Read more...] about The EU’s clampdown on anonymity: A blow to the crypto industry’s ethos