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UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
US sanctions Nobitex and other Iranian crypto exchanges under ‘Economic Fury’ campaign
Sanctioned exchange Nobitex handled more than half of Iran's crypto inflows last year, according to the U.S. Treasury.
Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll…
Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges
The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining it…
Ethena taps Anchorage for secure offchain collateral in institutional lending push
Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe re…
Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market
Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-ass…
Coinbase invests in Ethena via open market purchase of ENA, flags new partnership
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
Coinbase investing into stablecoin reserves ETF issued by ProShares
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.
Strive adds 2,500 BTC to treasury as Saylor’s Strategy sells
In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitco…
Backpack launches securities platform blending traditional and tokenized stock trading
Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.
Following token-dumping scandal, Movement seeks new life as a Layer 1
Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocu…
Hamilton Lane’s tokenized HLSCOPE fund launches on Tron, marking first Securitize product issued on the once-maligned blockchain
Hamilton Lane’s tokenized Senior Credit Opportunities Fund will be the first Securitize-issued asset to launch on T…
Ripple’s dollar stablecoin expands to Turkey through three local platforms
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for c…
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction …
Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
Robinhood closes $180 million WonderFi acquisition, entering Canadian crypto market
Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.
TON revives Gram token brand as Telegram CEO Durov says network is ‘returning to roots’
The Gram rebrand follows network upgrades, fee cuts, and Telegram's push for a larger role in TON governance.
Strategy bitcoin sale timing throws wrench into $20 million Polymarket pool
A Polymarket pool asking whether Strategy would sell any of its bitcoin before May 31 had drawn more than $20 million…
Bitmine acquires 26,497 ETH as it targets a slower approach to 5% of Ethereum’s total supply
Bitmine Chairman Tom Lee said the company would reach its 5% acquisition target of Ethereum's total supply "sometime …
IREN lands $3.65 billion A-rated financing for Microsoft AI buildout
The debt package helps IREN cover about 96% of the GPU spending needed to fulfill the Microsoft contract.
Japan's ruling party supports crypto ETF trading, yen-based stablecoins
Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a…
Europe is actively trying to stop the dollar stablecoin takeover
Europeans conduct 38% of global stablecoin transactions, but euro-denominated tokens account for just 0.3% of the tot…
Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push
Binance launched U.S. stock and ETF trading for non-U.S. users and has plans for tokenized equities on BNB Chain.
Coinbase launches Indian rupee rails with perps access in expansion push
The Nasdaq-listed company said it has established INR order books to provide dedicated liquidity for users in the cou…
Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit
Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is i…
Bitcoin perps just got a US green light, but one catch could decide everything
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, w…
Texas appoints CleanSpark exec, bitcoin miner CEO to Strategic Bitcoin Reserve committee
Texas is seeking a custodian to transition reserve assets from Blackrock's IBIT into direct bitcoin holdings.
Paxos wins SEC approval to clear U.S. stocks on blockchain
Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alterna…
Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary
Aave Labs has obtained FCA cryptoasset registration in the U.K. for its Push subsidiaries, unlocking zero-fee fiat on…