Search
Ripple Gets Green Light for Dubai Expansion
3.10.2024
Ripple, a digital asset infrastructure provider, has received approval to expand its operations in Dubai. The Dubai Financial Services Authority (DFSA) granted Ripple “in-principle approval” to offer its services from the Dubai International Financial Centre. This will allow Ripple...
Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill
3.10.2024
Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest...
Taiwan’s Regulator Allows Professional Investors to Access Digital Asset ETFs
3.10.2024
Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to boost local brokerage operations while carefully managing...
SEC Appeals Ripple Case, Citing Errors in Final Judgment
3.10.2024
The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges...
Bitwise Seeks SEC Approval to Launch Spot XRP ETF
3.10.2024
Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many...
Kresus Partners With Christie’s for Blockchain-Based Art Ownership Authentication
2.10.2024
Kresus, a crypto wallet service, has partnered with the international art and luxury market provider Christie’s to offer blockchain-based certificates of ownership for an upcoming photography auction. The collaboration marks a new approach to securing and managing art provenance digitally....
Terrifying Watch Dogs-Like Smart Glasses Make It Possible To Dox Strangers On The Street
2.10.2024
In Ubisoft’s open-world game Watch Dogs (and its sequels), you can quickly scan any NPC you meet and discover facts about them, including their name, address, criminal record, and so on. And now two people have essentially created this tech in real life using Meta’s smart glasses and mostly...
SEC’s Enforcement Chief Steps Down After Leading Over 100 Crypto Enforcement Actions
2.10.2024
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, will leave the agency next week. During his tenure, he led several high-profile enforcement actions, particularly in the crypto sector, targeting noncompliant platforms and insider...
Boerse Stuttgart Group Blockchain Experiment Cuts Settlement Time to Minutes
2.10.2024
Boerse Stuttgart Group (BSG) successfully tested blockchain-based securities settlement, reducing transaction time from two days to minutes. The tests, part of the European Central Bank’s (ECB) explorations, demonstrated significant progress in digital capital markets. German banking giants...
Digital Asset’s Canton Network tokenizes gold, Eurobonds, gilts
2.10.2024
After a successful US Treasurys project, Digital Asset has turned its attention to collateralizing more bonds and gold
Bitwise Makes XRP ETF Plans Official With SEC Filing
2.10.2024
Bitwise submitted an S-1 form to the U.S. Securities and Exchange Commission, a requirement for companies seeking to issue a new security and be listed on a public stock exchange
Bitwise files for first XRP ETF with US SEC
2.10.2024
Subject to approval from the SEC, the potential Bitwise XRP ETF is designed to provide exposure to the value of XRP held directly by the trust
Bitcoin Enters Positive Seasonal Trend, Demand Key to Further Growth: Cryptoquant
2.10.2024
Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be crucial as current levels remain stagnant. ‘Demand Has a Lot of Room to Grow’...
UK city minister pushes blockchain gilts despite gov’t concerns
2.10.2024
Despite resistance from the UK’s Debt Management Office, City Minister Tulip Siddiq pushes for blockchain-based bonds to modernize financial markets
Kasikornbank to Launch Thailand’s First Licensed Digital Asset Custodian
2.10.2024
Kasikornbank Financial Conglomerate, a Thai banking giant, has said it plans to launch the country’s first licensed digital asset custodian. The service, called Orbix Custodian, is licensed by the Finance Ministry and supervised by the securities regulator. Kasikornbank is currently testing...
Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
2.10.2024
Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management
Fidelity Ethereum ETF records largest daily outflows since launch
2.10.2024
The Fidelity Ethereum Fund recorded outflows of $25 million on Oct. 1, the highest daily record among US-based spot Ether ETFs, excluding Grayscale
Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3
2.10.2024
The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East
Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project
2.10.2024
Aussie Bank Joins MAS’ Digital Asset Interoperability Project
2.10.2024
The Australian financial institution ANZ Bank has joined Project Guardian, a Monetary Authority of Singapore (MAS) initiative exploring the digitization of financial markets. In partnership with Chainlink Labs and ADDX, ANZ will investigate the interoperability of private blockchains for exchanging...