crypto assets

Crypto exchange FTX (CRYPTO: FTT) is anticipated to offload approximately $3.4 billion in cryptocurrency to provide its users with fiat currency instead of tokens, a move expected to impact the altcoin market for the remainder of the year, according to a report. The Matrixport report...

JPMorgan Chase & Co (NYSE: JPM) anticipates that the U.S. Securities and Exchange Commission (SEC) may simultaneously greenlight multiple spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). This prediction comes in light of the SEC's recent interactions with Grayscale Investments, a...

The rapid evolution of the crypto-asset landscape has brought forth a plethora of opportunities and inevitable risks. Some nations, including China, Qatar and Saudi Arabia, have implemented outright bans on digital assets. However, a joint policy paper by the International Monetary Fund (IMF)...

India, under its G20 presidency, is actively discussing the creation of a universal cryptocurrency framework, according to the country's Finance Minister Nirmala Sitharaman. On Aug. 28, Indian Prime Minister Narendra Modi emphasized the importance of global collaboration in shaping...

Republican representatives from the House Financial Services Committee have expressed concerns over the Federal Reserve's recent interventions in the cryptocurrency sector. In a letter addressed to Fed Chair Jerome Powell, Committee Chair Patrick McHenry (R-NC) stated that the Fed...

Corporates continue to embrace central bank digital currencies, or CBDCs, despite certain politicos calling the emerging tech "evil" and likening it to "the Death Star." What Happened: Mastercard (NYSE: MA) recently unveiled its CBDC Partner Program, which counts Ripple (CRYPTO...

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN), on Wednesday announced that it has secured approval to offer federally regulated crypto futures trading to eligible customers in the United States. This development comes after the company filed an application with the National...

Binance is seeking court protection against the U.S. Securities and Exchange Commission (SEC), alleging that the regulator is on a "fishing expedition" through its extensive discovery demands. The firm contends in a court document, dated Aug. 14, that it complies in earnest with a court...

Decentralized alternatives marketplace Archblock Tuesday announced the introduction of a tokenized U.S. Treasury Bills fund on its marketplace, seeking to provide global USDC (CRYPTO: USDC) holders and on-chain investors, who might not have access to traditional U.S. bank or brokerage...

The UK's Financial Conduct Authority (FCA) has unveiled its stringent vetting results for crypto asset businesses, revealing a mere 13% approval rate. This data, stemming from the introduction of the 5th Anti-Money Laundering Directive (5MLD) in January 2020, highlights the challenges faced by...

Galaxy Digital Holdings (OTC: BRPHF) CEO Mike Novogratz says the approval of Bitcoin (CRYPTO: BTC) ETFs by the Securities and Exchange Commission is imminent. Speaking during an earnings call on Tuesday, he drew insights from "contacts" within BlackRock (NYSE...

Crypto exchange Binance (CRYPTO: BNB) on Monday announced it has become the first crypto exchange to be fully licensed in El Salvador. The Central Reserve Bank (Banco Central de Reserva) has granted Binance the Bitcoin Services Provider license (BSP), while the National Commission of Digital...

Cryptocurrency exchange Binance (CRYPTO: BNB) on Friday announced the approval of Shiba Inu (CRYPTO: SHIB), Compound (CRYPTO: COMP), and Theta (CRYPTO: THETA) as collateral assets. This move is part of Binance's ongoing efforts to expand its Flexible Loan and VIP Loan services. The...

Crypto exchange Kraken's co-founder Jesse Powell on Wednesday voiced his skepticism about the proposed restructuring plan for beleaguered FTX (CRYPTO: FTT). Kraken Co-Founder On FTX: Powell's remarks come in the wake of FTX's announcement detailing its proposed...

As the current chair of the G20, India has expressed its support for the Financial Stability Board's (FSB) proposed global framework for cryptocurrencies, which was released in July. The nation has also highlighted the importance of addressing the risks associated with digital assets,...