Tether International, the company behind the stablecoin USDT, announced it had completed its first full financial audit by KPMG U.S., which issued an unqualified opinion
Author: Arnie Johnson
Senate’s Digital Asset Market Clarity Act faces derailment over stablecoin yield concerns.
The Senate’s Digital Asset Market Clarity Act has stalled due to banking industry opposition to stablecoin yield programs, which they argue could destabilize traditional banking
Major Financial Institutions Approve Crypto Products Amid Bear Market
Two major financial institutions, each managing over $1 trillion in assets, have approved crypto-related products this summer, according to Bitwise CEO Hunter Horsley. The move
Russia Bans Crypto Mining in Moscow, Moscow Region, and Parts of Kursk Until 2032
Russia has imposed a ban on cryptocurrency mining in Moscow, the Moscow Region, and parts of Kursk under government decree No. 936, with restrictions set
Bank Leumi to Offer Bitcoin, Ethereum, Solana Trading via Galaxy Digital in 2027
The Israeli bank Bank Leumi has announced plans to launch trading services for Bitcoin, Ethereum, and Solana for retail customers in Israel via a partnership
RedotPay Delays US IPO Amid Regulatory and Legal Challenges with Binance
RedotPay has postponed its planned US initial public offering (IPO) as it works to secure regulatory approvals and addresses legal disputes with Binance, according to
Tudor Investment Boosts Stake in BlackRock Bitcoin ETF, Cuts Call Options by 85%
Tudor Investment has increased its direct stake in BlackRock’s iShares Bitcoin Trust ETF (IBIT) by 18.9% in the second quarter, while sharply reducing its call
SEC Delays Innovation Exemption for Tokenized Securities Amid Legal and Market Concerns
The Securities and Exchange Commission (SEC) has postponed its planned release of an “innovation exemption” for tokenized securities, citing legal uncertainties and resistance from the
Bank Leumi to Offer Crypto Trading via Mobile App from Early 2027
Israel’s largest bank will enable customers to trade bitcoin, ether, and solana through its mobile app from early 2027, a move that marks a significant
Tokenization Stocks Drop Amid SEC Delay in Regulatory Initiative
Tokenization-related stocks fell sharply on Friday after the U.S. Securities and Exchange Commission (SEC) postponed its anticipated “innovation exemption” regulatory initiative, raising questions about the
