Cryptocurrency exchange okx has secured a payment institution (PI) license in Malta, positioning the platform to operate under upcoming European Union rules that begin applying in March. The new authorization enables the exchange to continue offering stablecoin-based payment services throughout the EU…
Can $543M Ethereum whale move and ETF outflows push price down
Ethereum is under renewed pressure as technical signals, whale activity, and exchange-traded fund flows all tilt in a bearish direction. Its native asset, Ether (ETH), is trading inside a tightening pattern on the daily chart, while a large holder has…
Crypto ATM regulation bill reaches Virginia governor for signature
Virginia lawmakers have advanced new rules targeting crypto kiosks, placing crypto ATM regulation at the center of a consumer protection effort. The legislation, backed by Delegate Michelle Maldonado, introduces licensing, fee caps, and transaction limits for operators, while seeking to reduce scams that have…
U.S. lawmakers face dispute over stablecoin yields and banks
A dispute over whether stablecoin users should be allowed to earn yield has become a central obstacle for U.S. lawmakers working on a Senate crypto market structure bill. The disagreement has hardened positions between major banks and digital asset firms,…
Grayscale moves AAVE trust toward a new spot ETF structure
Grayscale has taken another step in its exchange-traded fund strategy, moving to convert its existing AAVE Trust into a spot ETF that would trade on NYSE Arca. The filing with the U.S. Securities and Exchange Commission (SEC) highlights growing interest…
Will Brazil reach 1 million Bitcoin in its new reserve plan?
Brazil is again considering a plan to place Bitcoin at the center of its national reserve strategy through a proposed Strategic Sovereign Bitcoin Reserve. Lawmakers have brought back a bill that would create RESBit, a government-managed reserve intended to accumulate…
How did a Crypto CEO run a $200 million Bitcoin Ponzi scheme?
A former crypto CEO in the United States has received a 20-year federal prison sentence for running a $200 million Bitcoin fraud and Ponzi scheme, marking one of the most severe penalties handed down in a recent digital asset case. The ruling…
Mirae Asset to take 92% control of Korbit in Korea deal
South Korea’s Mirae Asset financial group is moving to take control of Korbit, one of the country’s five major cryptocurrency exchanges, in a deal that underlines the growing overlap between traditional finance and digital asset platforms. The planned acquisition comes as lawmakers…