Blockchain & Digital Assets

March 23, 2025 @ 3:26 pm By Omar Faridi  |  

FalconX noted that Structured credit has long been the backbone of global fixed-income markets, enabling institutions to efficiently finance lending activities. Yet, in crypto, institutional-grade credit remains largely “untapped.” ‍That’s why FalconX is enabling “a new frontier with the first-ever institutional Structured Credit Facility (SCF)… Read More

March 22, 2025 @ 11:36 pm By Michael Wong  |  

Singapore-based digital asset infrastructure provider BetterX has secured S$2.3 million (approximately $1.7 million) in a pre-Series A funding round to support its expansion across Asia, the Middle East, and the United States. The funding round brought in new investors including Grand Prix Capital, Aument Capital,… Read More

March 22, 2025 @ 10:35 pm By Omar Faridi  |  

tradias GmbH announced recently that it has successfully obtained approval by the German Federal Financial Supervisory Authority (BaFin) under the Markets in Crypto-Assets Regulation (MiCA). Following the submission of its notification at the end of last year, tradias GmbH has been “granted authorization to provide… Read More

March 22, 2025 @ 6:07 pm By Michael Wong  |  

The International Monetary Fund (IMF) has officially recognized digital assets in its global economic reporting framework for the first time, updating its balance of payments standards to reflect the growing role of cryptocurrencies and blockchain-based assets in the global economy. In the newly released seventh… Read More

March 22, 2025 @ 5:28 pm By Omar Faridi  |  

As the first quarter of 2025 draws to a close, Coinbase (NASDAQ:COIN), one of the world’s largest digital asset exchanges in terms of trading volume and scope of operations, has recently unveiled a series of strategic developments that underscore its position as a key player… Read More

March 22, 2025 @ 5:23 pm By Omar Faridi  |  

Pakistan’s recent decision to “legalize” cryptocurrency transactions and investments marks a pivot from its historically cautious stance on digital assets. However, it is unclear just how the country will implement a proper regulatory framework for Bitcoin (BTC) and other digital currencies. Over the years, Pakistan… Read More

March 21, 2025 @ 12:02 pm By Omar Faridi  |  

Canary Capital is advancing the “first” SUI ETF with a newly submitted SEC filing. According to a blog post by the Sui Foundation, the latest development marks significant progress towards “a public SUI ETF, set to expand U.S. institutional access to Sui.” The Sui ecosystem… Read More

March 21, 2025 @ 11:47 am By JD Alois  |  

The US Department of Treasury has announced that it has removed the economic sanctions applied to Tornado Cash, a crypto mixer. Tornado Cash, a decentralized platform, enables users to cloak crypto activity to a certain degree. In 2222, Treasury’s Office of Foreign Assets Control (OFAC)… Read More

March 21, 2025 @ 11:41 am By Omar Faridi  |  

Kraken, which claims to be one of the “longest-standing, most liquid and secure” crypto platforms serving “more than 15 million” clients globally, has entered into an agreement to acquire NinjaTrader, the U.S. retail futures trading platform, for $1.5 billion, subject to certain purchase price adjustments…. Read More

March 21, 2025 @ 11:01 am By Omar Faridi  |  

The Office of the Comptroller of the Currency (OCC) announced that it will no longer examine its regulated institutions for “reputation risk” and is removing references to reputation risk from its Comptroller’s Handbook booklets and guidance issuances. These actions reportedly aim to support the OCC’s… Read More

March 21, 2025 @ 10:25 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has dramatically changed its position regarding digital assets following the change in administration with President Donald Trump’s election. The Commission is now controlled by Republicans, who typically are more supportive of innovation and entrepreneurship. This includes financial services. Previously,… Read More

March 21, 2025 @ 8:45 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) has joined the ERC3643 Association – the advocate group for the ERC3643 token standard. ERC3643 was created by Tokeny, a leading digital security enabler based in Luxembourg. Luc Falempin, CEO of Tokeny, said that having “DTCC join the… Read More

March 21, 2025 @ 8:24 am By Omar Faridi  |  

The digital payments landscape is undergoing a major shift, which is being driven by blockchain technology and the rise of stablecoins. In a testimony before the U.S. House Committee on Financial Services, Charles Cascarilla, CEO and Co-Founder of Paxos, underscored the urgent need for the… Read More

March 21, 2025 @ 8:19 am By Omar Faridi  |  

In a recent research report and survey released by CoinGecko, 46.9% of crypto participants indicated that they were bullish on crypto AI products in 2025. Specifically, CoinGecko noted that 19.9% felt somewhat bullish “about crypto AI products and a larger 27.0% of survey respondents were… Read More

March 20, 2025 @ 9:36 pm By Omar Faridi  |  

The Global Synchronizer Foundation, in conjunction with the Canton Network, the public layer one blockchain network with control and privacy, today announced that Goldman Sachs, Hong Kong FMI Services Limited, and Moody’s Ratings have joined the Global Synchronizer Foundation (GSF) as its newest members. The… Read More

March 20, 2025 @ 7:43 pm By Omar Faridi  |  

As institutional exposure to cryptocurrencies surge, key players are continuing to bring innovative and flexible investment products to meet this burgeoning demand. This, according to recent update from digital assets firm Gemini. Gemini is pleased to announce that they will serve as the custodian to… Read More

March 20, 2025 @ 5:40 pm By Omar Faridi  |  

Blockdaemon, the “institutional-grade” blockchain infrastructure company, has entered into a binding agreement to acquire expand.network, an API provider that streamlines institutional and wallet provider access to DeFi and on-chain financial activities. expand.network will reportedly facilitate Blockdaemon’s ability to connect businesses to blockchains with one integration…. Read More

March 20, 2025 @ 2:17 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has issued a statement on Proof of Work (PoW), a characteristic of some digital assets – most prominently Bitcoin. Proof of Work is a way to validate and mint new crypto. At one time, Ethereum was PoW, but it… Read More

March 20, 2025 @ 10:51 am By JD Alois  |  

A new platform called JikoNet aims to establish a network enabling institutions to settle high-volume transactions in real time while minimizing counterparty and liquidity risks. JikoNet leverages Jiko’s bank ledger for seamless USD transactions with instant T-bill trades and enables 24/7 real-time settlement for digital… Read More

March 20, 2025 @ 9:16 am By Omar Faridi  |  

Bitcoin Suisse is pleased to announce a collaboration agreement with SwissLedger, an initiative by the City of Lugano to establish an institutional blockchain for businesses and users in the city. Bitcoin Suisse becomes a “trusted” validator, providing infrastructure as well as organizational, operational, and technical… Read More