Kazakhstan central bank has allocated up to $350 million from its gold and foreign exchange reserves for investment in cryptocurrency assets, marking a notable move by a major emerging market regulator into the digital asset space. The plan, outlined by…
South korea crypto exchange stake cap could be 20% soon?
South korea crypto exchange stake cap plans are taking shape after South Korea’s government and ruling party reportedly agreed on a proposal to limit major shareholder ownership in domestic crypto exchanges to 20%, while allowing narrow exemptions for certain new operators. The…
Does the U.S. senate CBDC ban provision last until 2030?
The U.S. Senate Committee on Banking, Housing and Urban Development has inserted a U.S. senate CBDC ban provision into a bipartisan housing package, adding language that would temporarily block the Federal Reserve from issuing a central bank digital currency. The measure is part…
Barclays tokenized deposits review for stablecoin services
Barclays is examining a deeper move into blockchain technology, including potential offerings of tokenized deposits and stablecoins, according to a report released Friday by Bloomberg. The U.K.-listed banking group has begun collecting information from technology vendors as it evaluates how…
Scam Center Strike Force crypto seizures reach $580 million
U.S. authorities say the Scam Center Strike Force has now frozen or seized more than $580 million in cryptocurrency tied to Southeast Asian crime networks, underscoring the scale and complexity of online fraud tied to the region. The announcement, made…
Tether freezing 4.2 billion in USDT amid illicit activity
Tether, the El Salvador-based stablecoin issuer, has reported freezing around $4.2 billion worth of its tokens over links to illicit activity, reflecting growing pressure on the crypto sector from global law enforcement. The company, which runs the world’s largest dollar-pegged…
Is Jane Street driving Bitcoin ETF flows and price changes?
Bitcoin’s latest price spike has drawn renewed attention to how Wall Street firms such as Jane Street interact with spot Bitcoin exchange-traded funds, after online posts suggested a link between the rally and a lawsuit involving the quantitative trading firm. As…
OCC Outlines New US Payment Stablecoin Rules Under GENIUS Act
The Office of the Comptroller of the Currency (OCC) has moved to translate the GENIUS Act into detailed regulatory standards for payment stablecoins, setting out how these digital assets will be issued, backed, and supervised under federal authority. In a notice…
Uniswap jumps 15% as new cross chain fee plan moves ahead
Uniswap governance process has drawn renewed attention after a key proposal triggered a sharp move in its native token. UNI gained roughly 15% over the past 24 hours, outpacing bitcoin’s 4.7% rise and ether’s 8.5% increase, as traders assessed the implications of a planned…
What does South Korea plan for social media crypto advice?
South Korea is moving to tighten oversight of online financial influencers who promote cryptocurrencies and other investment products. A new legislative proposal would compel these so-called “finfluencers” to reveal both their own holdings and any compensation they receive when recommending digital…