South Korea’s five major cryptocurrency exchanges recorded a net outflow of 560.3 billion won in stablecoins during June, marking the 18th consecutive month of such
Category: Regulation
Coldcard Wallet Users Lose $90 Million in Bitcoin After Security Breach
A security breach at Coldcard has resulted in the theft of $90 million in Bitcoin, with users urged to move funds to centralized exchanges. Galaxy
Germany Expands Lead in MiCA-Licensed Crypto Providers with Six New Cooperative Banks Added
The European Securities and Markets Authority (ESMA) has updated its register of MiCA-licensed crypto asset service providers (CASPs), adding six German cooperative banks and bringing
STS Digital CEO Notes Divergence Between Institutional Crypto Adoption and Token Prices
Maxime Seiler, CEO of STS Digital, has highlighted a growing disconnect between institutional adoption of cryptocurrency technology and the underperformance of token prices, describing the
Tokenized Assets Mirror ETF Trajectory, Says Ondo’s John Hoffman
John Hoffman, managing director and head of product portfolios at Ondo Finance, has drawn parallels between the evolution of tokenized assets and the 33-year development
Bitcoin Surges Over 23% as Crypto Markets Show Signs of Recovery
The cryptocurrency market has experienced a sharp rebound, with Bitcoin surging over 23% this week to reach $77,559, marking its first crossing of the 200-day
Fed Study Suggests Crypto Ownership Linked to Beliefs About Future Returns
A Federal Reserve Bank of Cleveland working paper indicates that expectations about cryptocurrency returns are the primary driver of ownership, outweighing factors such as demographics
Franklin Templeton Prepares to Tokenize Assets in Mutual Funds After SEC Staff Clearance
The asset management giant Franklin Templeton is poised to integrate tokenized assets into its conventional mutual funds and exchange-traded funds (ETFs), following clearance from the
Grayscale Files Fourth Amendment to Convert Zcash Trust into ETF, Discloses Potential ZEC Acquisition
Grayscale has submitted a fourth amendment to its application to convert its Zcash trust into an exchange-traded fund (ETF), while revealing that a subsidiary of
Zcash’s ZEC Surges 22% Amid Grayscale’s ETF Conversion Efforts
Zcash’s native token, ZEC, rose over 22% in 24 hours to $818.77 as of Saturday, marking its highest price since 2018. The surge followed a
