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…
Key Takeaways In a major move, the U.S. Securities and Exchange Commission (SEC) voted on Wednesday to approve proposed rule changes by three national securities exchanges, opening the door for dozens of new crypto and other spot commodity exchange-traded products…
Key Takeaways In a significant development, the United Kingdom and the United States are preparing to announce a plan to work together on the regulation of digital assets. As per a Financial Times report, Chancellor Rachel Reeves and US Treasury…
Key Takeaways In a significant development, Pakistan is gearing up to welcome foreign crypto exchanges into its digital asset markets. According to local media reports, the Pakistan Virtual Asset Regulatory Authority (PVARA) on Saturday issued a call for expressions of interest…
Key Takeaways Leading hardware wallet provider, Blockstream, has raised alarm bells about a new email phishing campaign attempting to target Blockstream Jade hardware wallet users. Taking to X, the company stated that in this type of email phishing campaign, the…
Key Takeaways Hong Kong’s ambition to build a regulated stablecoin hub is now facing major headwinds. The Hong Kong Monetary Authority (HKMA) has circulated draft rules for consultation that would lower capital requirements for banks dealing with crypto, but mainland-linked…
Key Takeaways Kazakhstan is gearing up to make big strides in the cryptocurrency space. According to President Kassym-Jomart Tokayev, the country is exploring the development of a national cryptocurrency reserve. He made the remark during his annual address on Monday.…
Key Takeaways Paxos, a U.S.-regulated stablecoin infrastructure provider, has announced plans for USDH, a Hyperliquid-first stablecoin designed to comply with both the U.S. GENIUS Act and Europe’s Markets in Crypto-Assets (MiCA) framework. The company said USDH is “purpose-built to drive…
Key Takeaways Leading algorithmic trading firm Wintermute has called on the U.S. Securities and Exchange Commission (SEC) to clarify how crypto tokens and broker-dealer activity should be regulated. In a letter submitted on September 3, the company warned that without…
Key Takeaways Japan’s regulatory body Financial Services Agency (FSA) has proposed moving cryptocurrencies under the country’s Financial Instruments and Exchange Act (FIEA), a framework traditionally used to regulate securities. The idea was outlined on September 2 during a Financial System…
