Key Takeaways World Liberty Financial (WLFI)–US President Donald Trump-affiliated crypto venture–has executed a large-scale token burn following a community-approved buyback program. As per Lookonchain data, WLFI burns $1.43 million worth of tokens after governance-backed buyback data, the team repurchased 6.04…
Key Takeaways In a major development, UK Finance, a leading trade association has launched a joint pilot project for tokenized sterling deposits (GBTD). The project, announced on Friday, is the first large-scale industry attempt to explore how blockchain-based representations of…
Key Takeaways Two key US Senators Elizabeth Warren and Elissa Slotkin have called on federal inspectors general to launch an investigation into two senior White House officials, David Sacks and Steve Witkoff, over alleged conflicts of interest tied to the…
Key Takeaways In a major regulatory move, Australia’s Treasury has unveiled draft legislation that would require crypto exchanges and certain digital asset service providers to obtain Australian financial services licenses, marking a significant shift in the country’s regulatory framework. The…
Key Takeaways Naver Financial, the fintech arm of South Korea’s largest internet company, is moving forward with plans to acquire Dunamu, the operator of Upbit, the country’s biggest cryptocurrency exchange. The agreement will be structured as a share exchange, making…
Key Takeaways The U.S. Commodity Futures Trading Commission (CFTC) has launched a new initiative to evaluate the use of tokenized collateral and stablecoins in derivatives markets, Acting Chair Caroline D. Pham announced on September 23. As per the press release,…
Key Takeaways Leading crypto exchange, Kraken pledged $2 million to two politically aligned groups as part of what it calls an ongoing battle to defend core crypto freedoms in the US. Taking to X, Kraken Co-CEO Arjun Sethi in a…
Key Takeaways Leading crypto custody firm BitGo has filed for a U.S. initial public offering, aiming to list its Class A common stock on the New York Stock Exchange (NYSE)under the ticker “BTGO,” according to a Form S-1 registration submitted…
Key Takeaways In a significant development for the cryptocurrency industry in Australasia, Australian exchange Swyftx has acquired New Zealand’s largest crypto platform, Easy Crypto. The deal, reportedly valued in the tens of millions, marks one of the biggest mergers in…
Key Takeaways Leading crypto custody provider BitGo has received regulatory approval in Germany to expand into digital asset trading. The company said on Wednesday that Germany’s Federal Financial Supervisory Authority (BaFin) granted an extension of its license, allowing it to…
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