The SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
AnaisStrategy now holds over 600,000 Bitcoin worth nearly $71 billion, making it one of the biggest corporate treasuries in the US. Its chairman, Michael Saylor, has hinted at another large Bitcoin purchase with a cryptic post online.
AnaisChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
WeatherlyThailand is testing a crypto sandbox to let tourists change digital assets into Thai baht for local spending. Approved exchanges will handle the conversions, with spending limits and ID checks to meet national rules.
WeatherlyGameStop has bought over $500 million worth of Bitcoin as a hedge against inflation and may allow crypto payments for trading cards. The company says it will take a careful approach to crypto, using its strong finances to explore new opportunities without rushing in.
AnaisStandard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
WeatherlyCoinbase’s stock hit a record high as Bitcoin surged, pushing its market value above $100 billion. The jump was driven by growing investor confidence, political support for crypto, and strong earnings from stablecoin services.
AnaisBank of America has launched a new research series called On Chain to explore blockchain, stablecoins, and tokenised assets. The bank sees Ethereum and companies like Stripe as key to the future of digital finance and payment systems.
WeatherlyA man jailed for a major crypto theft has had his prison sentence raised to 12 years after refusing to return any of the stolen funds. The judge criticised him for living in luxury without paying back the $20 million he owes.
WeatherlyAustralia is tightening its grip on cryptocurrency regulation with new proposals aimed at preventing financial crimes such as money laundering and terrorist financing.
XingChiIndonesia and Australia unite in a crypto information-sharing pact to enhance tax compliance and support economic growth through transparent financial technologies collaboration.
BerniceAustralia's move towards comprehensive regulation signals a pivotal shift in the global crypto landscape.
Hui XinFCF Pay has unveiled an offering that allows HSBC customers to settle their mortgage payments and loans using crypto like BTC, SHIB, DOGE, SHIB, and many more.
CatherineThese compliance violations are estimated to have caused a cumulative loss of around US$8.45 million from Bit Trade's customers.
Alex
Coinlive ASIC has suspended the Australian financial services licence of FTX Australia Pty Ltd (AFS licence 323193) until 15 May 2023.
OthersLeigh Travers feels that a change in Australia’s government will slow down work on crypto regulations that could prove that the industry is already operating at a higher level than traditional finance.
CointelegraphThe endless possibilities and advantages of the cryptocurrency space have been a push for engagements. Several countries, brands, and individuals ...
BitcoinistWeiss analysts are wary of the usage of volatile crypto assets as collateral for long-term property loans.
Cointelegraph