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EU Approves Commissioners, Including Ones Who Will Likely Oversee Crypto Rules
27.11.2024
The European Parliament approved its new slate of commissioners on Wednesday.Commissioners Stéphane Séjourné, Maria Luís Albuquerque and Henna Virkkunen are likely to have crypto within their purview. The EU's markets in crypto assets legislation is going to be in full force by the end of December...
Tether discontinues support for euro-pegged stablecoin EUR₮
27.11.2024
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin
CoinDesk 20 Performance Update: UNI Jumps 16.3% as All Assets Trade Higher
27.11.2024
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3293.73, up 3.9% (+125.0) since 4 pm ET on Tuesday.All 20 assets are trading higher.Leaders: LINK (+0.9%) and NEAR...
Ripple to invest in rebranded Bitwise XRP ETP
27.11.2024
Bitwise said that it’s planning to rebrand its entire European ETP portfolio as it expands its operations in Europe.
Rapid Response and Transparency Key to Building Trust in Digital Assets, Says Kucoin MD
27.11.2024
Alicia Kao, Kucoin’s managing director, has emphasized the importance of security and regulation in the digital asset space. Rapid Response to Security Breaches Helps Restore User Trust Although hacks and breaches have hindered the adoption of digital assets, Alicia Kao, Kucoin’s...
US judge supports crypto miner in Chinese ownership dispute
27.11.2024
A federal judge has temporarily halted Arkansas laws targeting foreign crypto mining firms, citing potential constitutional violations
Impact of Digital Assets on Financial Stability Minimal: NY Fed Report Says
27.11.2024
The New York Federal Reserve’s report evaluates the financial stability implications of digital assets within the context of the broader financial system. Digital Assets Pose No Risk to Global Financial System The New York Federal Reserve’s recent report on digital assets provided...
Morocco’s Crypto Framework Advances Amid Rising Public Interest in Digital Assets
27.11.2024
Morocco is advancing a draft law to regulate cryptocurrencies, aiming to balance risks and opportunities amid growing adoption. A New Chapter Unfolds: Morocco’s Journey Toward Crypto Regulation Gains Momentum Morocco’s central bank governor, Abdellatif Jouahri, revealed Tuesday at...
Tornado Cash Sanctions Overturned by U.S. Appeals Court
27.11.2024
A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department's earlier effort to directly sanction crypto mixing service Tornado Cash.The court found that the government didn't have the proper tools to include the actual...
Economic Secretary Outlines UK’s Ambitious Plans for Digital Asset Adoption
26.11.2024
The UK’s Economic Secretary to the Treasury has said the Digital Securities Sandbox is set to help facilitate the adoption of distributed ledger technology across capital markets. Examining Benefits of DLT in Debt Issuance Process Tulip Siddiq, the United Kingdom’s Economic Secretary to...
Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk
26.11.2024
The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate.The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans,...
Tokenized US Treasury Market Hits $2.5 Billion With Real World Assets Exceeding $13 Billion
26.11.2024
The tokenization of real-world assets is growing at a rapid pace with assets exceeding a combined value of $13 billion. Interest in Tokenized U.S. Treasury Market Heating Up The tokenized U.S. Treasury market has reached $2.5 billion in value, reflecting a rapid embrace of blockchain technologies...
Plus Wallet Secures Assets as Crypto.com Expands & U.S. Regulations Shift
26.11.2024
With cryptocurrency accelerating globally, the demand for secure and adaptable asset management is paramount. Crypto.com’s acquisition of Fintek…
Digital Assets Platform Nexo Introduces USD, EUR, and GBP Fiat Accounts
26.11.2024
Nexo, a digital assets wealth platform, has announced the launch of personal USD, EUR, and GBP fiat accounts. This new offering provides clients in over 150 countries with a seamless way to conduct bank transfers directly in their name, enabling efficient multi-currency management within a single...
Former Binance execs launch MiCA-compliant euro stablecoin
26.11.2024
Expected to launch in the coming weeks, Schuman’s new euro-backed stablecoin labels 107 countries as “high-risk.”
Telegram’s crypto holdings rose to $1.3B in H1 2024: Report
26.11.2024
Telegram's crypto holdings jumped from $400M to $1.3B in H1 2024, driven by Toncoin sales and strategic deals
XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger
26.11.2024
Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL.Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.XRP price jumped 6%, touching a high of $1.49 in the hours following...
U.K. Financial Regulator Aims for Crypto Regime by 2026
26.11.2024
The U.K. Financial Conduct Authority (FCA) said it wants to implement a crypto regime by 2026.Ownership of crypto assets grew by 4% in the past two years, to include some 7 million adults out of the country's roughly 68 million population
Ex-partner tosses $716M Bitcoin wallet, says ‘tired of hearing about it’
25.11.2024
James Howells’ $716 million Bitcoin fortune in a landfill has sparked legal battles, and his ex-partner now claims she followed his instructions to discard the hard drive
Russia Cautious on Tokenizing Real-World Assets
25.11.2024
The Bank of Russia’s report highlights the potential benefits of tokenizing real-world assets but also emphasizes the need for a clear regulatory framework. Expanding the Value of Traditional Assets While tokenization has the potential to increase liquidity for real-world assets, among other...