Michigan Pushes Ahead with Strategic Crypto Reserve Bill
Michigan’s crypto reserve bill has moved to the committee stage. It permits up to 10% of state funds to be invested in digital assets.
Latest Cryptocurrency News
UK FCA Proposes Waiving Some TradFi Rules for Crypto Firms
The UK’s Financial Conduct Authority (FCA) invites feedback on whether its Consumer Duty should extend to cryptocurrency businesses.
PayPal Integrates BTC, ETH, PYUSD in P2P Payment Push
PayPal is introducing PayPal Links and direct crypto transfers, enabling users to send BTC, ETH, and PYUSD to family or external wallets.
Pakistan Invites Global Crypto Firms to Apply for Licences
Pakistan has opened applications for international crypto firms to obtain licences through its regulator, PVARA.
South Korea Grants Crypto Firms Venture Status September 16
South Korea’s Minister of SMEs and Startups, noted that the regulatory shift could drive the growth of crypto and blockchain innovation.
Kraken Brings Tokenised US Securities to Europe via xStocks
Kraken has introduced Backed’s xStocks in Europe, joining Gemini and Robinhood in offering tokenised stocks.
Gemini Secures $50M Nasdaq Investment Before IPO
Gemini has attracted Nasdaq as an investor for its $317 million IPO, with Nasdaq acquiring $50 million shares through a strategic...
Kazakhstan Plans Crypto Reserve and Law by 2026
The CryptoCity initiative will be developed in Alatau, alongside government plans to establish a strategic crypto reserve.
Nasdaq Seeks SEC Approval to Launch Tokenised Stock Trading
Nasdaq has asked the Securities and Exchange Commission (SEC) to allow US exchanges to trade tokenised stocks.
HSBC, ICBC Target Stablecoin Licences in Hong Kong
HSBC and the Industrial and Commercial Bank of China are said to be preparing applications for stablecoin licences in Hong Kong.
$4.5B in Crypto Tokens Unlocking This September
Approximately $1.17 billion is set to be released via cliff unlocks, with an additional $3.36 billion entering the market.
Monex Group Explores Yen-Pegged Stablecoin Launch in Japan
Chairman of Monex GroupOki Matsumoto has emphasised the importance of staying competitive in digital finance.
Kraken Meets SEC to Discuss Tokenisation Frameworks
The meeting took place amid growing pressure from regulators and exchange groups urging the SEC to tighten oversight of tokenised equities.
Japan Finance Minister Backs Crypto as Portfolio Hedge
Japan’s Finance Minister Katsunobu Kato said crypto deserves a spot in portfolios, while pledging to build a sound trading environment for...
Crypto Industry Fights Bank Lobby Over Genius Act Rewrite
Crypto advocacy groups have accused Wall Street banks of attempting to shape stablecoin regulations to their advantage.
Wyoming Debuts Visa-Backed FRNT Stablecoin on 7 Blockchains
Wyoming revealed the mainnet rollout of its Frontier Stable Token, making it one of the first US states to introduce a stablecoin.
South Korea Halts Crypto Lending on Local Exchanges
South Korea's financial authorities directed cryptocurrency exchanges to stop offering new lending services.
China Merchants Bank Unit Opens Crypto Exchange in Hong Kong
A subsidiary of China Merchants Bank has rolled out a Hong Kong crypto exchange for professional investors.
Hong Kong Tightens Crypto Cold Wallet Custody Rules
Hong Kong has tightened crypto custody rules, banning smart contracts in cold wallets and boosting security for custodians.
Vietnam Police Bust Multi-Billion Dollar Paynet Coin Scam
Vietnamese authorities have detained 20 individuals in connection with crypto fraud — a multibillion-dollar Ponzi scheme.