Australia Releases Long-Awaited Crypto Guidelines
ASIC’s updated crypto guidance has been well-received by the local industry, though concerns about resource demands persist.
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Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.
ASIC’s updated crypto guidance has been well-received by the local industry, though concerns about resource demands persist.
Visa CEO Ryan McInerney said the firm will add four new stablecoins on four blockchains and let banks issue and redeem them.
Norwegian authorities reported that over 73,000 individuals disclosed around $4 billion in cryptocurrency holdings for the 2024 tax year.
UK regulators are adopting a more relaxed approach to crypto, allowing digital assets to be listed on the LSE.
JPYC President revealed that seven companies have already shown interest in integrating the stablecoin into their platforms and services.
Custodia Bank launched a platform for tokenised deposits, combining blockchain benefits with secure customer funds.
The Financial Conduct Authority reiterated its alerts, urging UK residents to avoid using unregistered crypto exchanges.
Majority of crypto activity has focused on cross-border remittances, and protecting value during periods of economic volatility.
The largest Bitcoin holders are channelling billions into ETFs such as BlackRock’s IBIT, marking a fresh stage in institutional adoption.
Japan’s FSA is considering regulatory changes that would allow banks to hold digital assets such as BTC and run approved crypto exchanges.
Estimates suggest that more than 3 million Ghanaians—about 8.9% of the nation’s 34 million population—engage with cryptocurrency in some...
Ripple partners with South Africa’s Absa Bank to expand digital asset custody solutions across the African continent.