Regulation

Highlights: Bullish secures New York BitLicense, opening doors for U.S. expansion. The license allows crypto spot trading and custody services. The approval strengthens Bullish’s global regulatory footprint. Crypto exchange Bullish, backed by venture capitalist Peter Thiel, has entered a pivotal […]

Highlights: Before MiCA, OKX received a fine of 2.6M in the Netherlands because of providing unregistered services. The penalty applies to activities conducted between July 2023 and August 2024. OKX has also received a license under MiCA and remains active […]

 Last week was a mix of institutional activity and market movements in the crypto space. Metaplanet stated its intention to purchase $880 million in Bitcoin. At the same time, several companies filed for new crypto ETFs, indicating further interest in […]

Markets fell steadily before August 22, reflecting caution among global investors. However, Jerome Powell’s 10:00 AM speech that day brought optimism after hinting at a possible September rate cut, reshaping expectations and lifting sentiment.  Meanwhile, regulators made significant moves worldwide. […]

Highlights: VanEck filed the first ETF backed by a liquid-staked Solana token, JitoSOL. JitoSOL ETF combines staking rewards with traditional finance access. The SEC clarified that liquid staking does not constitute securities transactions. New York-based investment management firm VanEck has […]

Highlights: Bo Hines Joins Tether as Strategic Advisor for Digital Assets and U.S. Strategy. Tether plans to launch a U.S.-regulated stablecoin in the coming years. The company has already reinvested nearly $5 billion in the U.S. economy. Tether, the largest […]

Welcome to our recap of the past week, where we will discuss the most impactful events in the financial and crypto industries. Bitcoin reached new all-time highs, and Ethereum ETFs took media spotlights despite rising inflation. Do Kwon admitted to […]

Highlights: Vietnam’s first crypto exchange will be developed by MB Bank and South Korea’s Dunamu. Dunamu will provide tech, legal, and operational support for the platform. Vietnam approved a new digital law and launched a national blockchain platform. Vietnam is […]

Highlights: Paxos seeks U.S. trust bank license to boost federal oversight. The approval would allow Paxos to hold assets and settle payments. The firm joins Ripple and Circle in applying for OCC trust charters. Paxos, the cryptocurrency firm behind PayPal’s […]

Highlights: China cracks down on stablecoin promotion amid fraud risks. Despite the crackdown, China explores yuan-backed stablecoins. Hong Kong’s stablecoin policies signal a different approach. China is cracking down on the promotion of stablecoins, concerned that emerging risks revolve around […]

Highlights: SEC’s updated stablecoin accounting rules now allow qualifying U.S. dollar-pegged tokens to be treated as cash equivalents. Stablecoins with full cash or Treasury backing, a 1:1 U.S. dollar peg, and guaranteed redemption rights are now eligible for cash classification. […]

Last week, the crypto market witnessed major institutional moves, regulatory advances, and strategic shifts. JPMorgan revealed crypto-backed lending plans, while Tron debuted on Nasdaq. BitGo eyed an IPO, and FTX confirmed creditor payouts. Meanwhile, regulatory developments spanned the U.S., Asia, […]