Crypto firms in Britain may face new FCA proposals on conduct rules
UK’s FCA proposes easing 4 core rules for crypto firms while stressing strong operational safeguards. Regulator cites $1.5B Bybit hack to justify tougher cyber resilience rules despite lighter principles. Crypto…
US SEC, CFTC clear path for registered firms to trade spot crypto
Top US regulators have jointly cleared a path for spot crypto trading. The move is a stark reversal from the previous, more skeptical administration. Registered exchanges are now invited to…
Bitcoin Pepe price outlook as Swedish firms plans major BTC acquisition
Bitcoin’s expanding institutional adoption continues to anchor sentiment across the broader crypto market. Bitcoin Pepe’s presale has raised more than $14.1 million. The BPEP token is currently priced at 0.0416.…
The miner’s paradox: why Trump’s era isn’t golden for US Bitcoin firms
Most major US public Bitcoin miners expected to report Q1 losses despite high BTC prices. US tariffs on imported mining rigs raised costs and created strategic uncertainty for miners. The…
Grayscale launches Bitcoin Adopters ETF targeting firms holding BTC as treasury reserve
The fund, launched April 30, tracks a diversified group of firms with Bitcoin treasury strategies. Notable constituents include Michael Saylor’s Strategy, mining firm Marathon Digital Holdings (MARA), Tesla and Japanese…
Bitwise files new ETF targeting firms with large Bitcoin holdings
The Bitwise Bitcoin Standard Corporations ETF would invest in businesses that “hold at least 1,000 Bitcoin” Companies need to have a market capitalization of at least $100 million to be…
Crypto firms launch the Global Dollar stablecoin to boost adoption
The Global Dollar is issued out of Singapore by Paxos and is “substantially compliant” with the MAS Tether’s USDT stablecoin accounts for more than 75% of the market Kraken’s co-founder…
US Senate votes to overturn SEC rule, allowing regulated firms to hold Bitcoin
60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation. Presidential veto possible. In a landmark decision, the US…
EU banking watchdog strengthens AML measures for crypto firms
EBA extends AML guidelines to CASPs, addressing ML/TF risks in crypto transactions. Guidelines provide risk factors and mitigating measures, urging blockchain analytics use. Interconnected financial sector necessitates guidance for institutions…
Hong Kong warns crypto firms against referring to themselves as “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto…