Tagged: digital assets

June 11, 2025 @ 10:17 pm By Omar Faridi  |  

Congressman William Timmons, a Republican from South Carolina, has fired off a letter to newly appointed SEC Chair Paul Atkins, demanding documents that shed light on the agency’s inconsistent handling of Ethereum (ETH) under former Chair Gary Gensler. Sent on June 10, 2025, this move… Read More

June 11, 2025 @ 1:43 pm By Omar Faridi  |  

Circle’s recent unveiling of the Circle Payments Network (CPN) marks a significant milestone in the evolution of global financial systems. Announced recently, CPN leverages stablecoins to transform cross-border payments, a market estimated at $190 trillion. This infrastructure aims to streamline money movement across borders, currencies,… Read More

June 10, 2025 @ 10:33 pm By Omar Faridi  |  

The Financial Services Authority (FSRA) of ADGM announced the implementation of amendments to its regulatory framework for digital assets, with immediate effect. The implementation of these amendments follows “extensive industry engagement and feedback received on Consultation Paper No. 11 of 2024.” As stated in the… Read More

June 10, 2025 @ 9:31 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services, announces expanded support for Stacks (STX) and sBTC, the synthetic Bitcoin-backed protocol, rolled out across its secure custody and settlement infrastructure. sBTC is a Bitcoin-backed asset “on the Stacks Layer 2, pegged… Read More

June 10, 2025 @ 4:16 pm By Omar Faridi  |  

The cryptocurrency industry continues to reshape the global financial landscape, with 2025 marking a pivotal year for innovation, investment, and societal adoption. Recent reports from Coinbase, PitchBook, Gemini, and CoinMetrics highlight the dynamic growth, challenges, and evolving demographics of the crypto ecosystem. From technological advancements… Read More

June 8, 2025 @ 11:46 pm By Omar Faridi  |  

3iQ Corp., a global firm focused on digital asset investment solutions, and its Swiss partner Criptonite Asset Management (AM), are pleased to announce that they have launched the 3iQ Criptonite Multi-Factor AMC targeting qualified professional investors. 3iQ is partnering with Criptonite AM to “bring its… Read More

June 8, 2025 @ 4:33 pm By Omar Faridi  |  

In a case showcasing the power of blockchain intelligence in combating cybercrime, Chainalysis, a blockchain analytics firm, played a pivotal role in assisting the FBI to trace and freeze millions of dollars in cryptocurrency linked to a 2023 ransomware attack on Caesars Entertainment. The attack,… Read More

June 8, 2025 @ 3:49 pm By Omar Faridi  |  

Proof Group, a digital asset and emerging technology investment firm and one of the participants in the Canton ecosystem, is pleased to announce the launch of the first block explorer for the Canton Network. This tool provides unprecedented transparency “into the network’s transactions, participants, and… Read More

June 6, 2025 @ 4:49 pm By Omar Faridi  |  

Ctrl Alt, a tokenization infrastructure platform, has officially secured its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP). Notably, Ctrl Alt claims it is the first VASP authorized to conduct issuer-related services. This milestone marks a… Read More

June 6, 2025 @ 4:45 pm By Omar Faridi  |  

Anchorage Digital is pleased to announce support for Derive, the decentralized exchange enabling capital-efficient on-chain options. Institutions trading on Derive can now “secure their balances on Derive via Porto, their institutional self-custody wallet.” Derive is purpose-built for professional traders, “offering portfolio margin, capital-efficient spreads, and… Read More

June 6, 2025 @ 10:23 am By Omar Faridi  |  

The cryptocurrency market continues to evolve at a rapid pace, and leverage remains a critical component of its ecosystem. Galaxy Research’s Q1 2025 report, The State of Crypto Leverage, provides a comprehensive analysis of the shifting dynamics in crypto-collateralized lending, decentralized finance (DeFi), centralized finance… Read More

June 6, 2025 @ 8:04 am By Omar Faridi  |  

Digital asset banking group Sygnum announces it has raised a total of USD 58 million in its oversubscribed Strategic Growth Round, giving it a post-money valuation of more than 1 billion. Fulgur Ventures, cornerstone investor in the final close of Sygnum’s Strategic Growth Round, is… Read More

June 4, 2025 @ 3:02 pm By Omar Faridi  |  

JPMorgan Chases (NYSE: JPM) has announced a key move to offer financing against cryptocurrency exchange-traded funds (ETFs) as of June 2025. This development allows clients to borrow against their crypto ETF holdings, a mechanism akin to margin financing in traditional markets. Investors can now leverage… Read More

June 3, 2025 @ 10:11 pm By Omar Faridi  |  

Recently, a significant milestone unfolded in the digital asset space as four industry groups—the Blockchain Association, Crypto Council for Innovation, DeFi Education Fund, and The Digital Chamber—issued a joint statement endorsing the Guiding and Establishing National Innovation for US Stablecoins Act of 2025, commonly known… Read More

June 1, 2025 @ 5:16 pm By Omar Faridi  |  

Ledger, a global company focused on cryptocurrency hardware wallets, has recently announced three significant updates that underscore its commitment to enhancing user experience, security, and community engagement in the crypto ecosystem. These developments include the expansion of the Crypto Life (CL) Card to the United… Read More

May 31, 2025 @ 3:05 pm By Omar Faridi  |  

Blockdaemon announces institutional support for ZKsync and the ZKsync stack. In a new blog post, the digital assets and blockchain- focused firm confirmed its support for institutional ZKsync Stack solutions. Since 2024, Blockdaemon has been providing ZKsync nodes with significant uptime and reliability. Now, Blockdaemon… Read More

May 30, 2025 @ 12:36 pm By Omar Faridi  |  

Shakepay Inc. recently noted that their CIRO-regulated securities dealer has officially joined Payments Canada. Shakepay also mentioned that they are joining an “exclusive” group of fintechs, and this milestone marks a significant step “towards bridging the gap between the crypto industry and traditional finance in… Read More

May 28, 2025 @ 8:45 am By Omar Faridi  |  

Gemini has released their 2025 Global State of Crypto report in partnership with Data Driven Consulting Group. The report offers a breakdown of investor awareness around cryptocurrencies, motivations for “owning and trading, crypto ETF adoption, the impact of the Trump administration’s policies on crypto, and… Read More

May 27, 2025 @ 10:11 pm By Omar Faridi  |  

Elliptic, the global firm focused on digital asset decisioning has added the XDC Network to its list of supported blockchains. Elliptic’s technology streamlines the “onboarding of blockchains like XDC, providing access to AML solutions within just 45 days.” This integration enables the next generation of… Read More

May 27, 2025 @ 9:45 am By Omar Faridi  |  

On the back of Hong Kong passing the stablecoin bill, Evan Auyang, Group President of Animoca Brands, thinks it signals that this city is doing what few other jurisdictions have achieved: offering stablecoin issuers real, regulatory clarity without stifling innovation. And the timing is telling,… Read More