Banks across the globe held a total of 341.5 billion euros ($368.3 billion) in crypto assets under custody in the second quarter …
Firms
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Regulation
Crypto firms urge Congress to rein in DOJ’s interpretation of money transmission laws
by shayaanby shayaanA coalition of 34 crypto industry organizations has sent a joint letter to congressional leaders urging them to address the Department of …
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Markets
‘Top Priority’ – Tether CEO Paolo Ardoino Looking To Receive Audit From One of Big Four Accounting Firms: Report
by shayaanby shayaanThe chief executive of the world’s largest stablecoin issuer is reportedly looking to receive an audit from one of the biggest accounting …
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Markets
Venture Capital Firms Invest More than $400,000,000 in Layer-1 Asset Toncoin, According to the TON Foundation
by shayaanby shayaanVenture capital firms have invested more than $400 million into the layer-1 asset Toncoin (TON), according to the team behind the project. …
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Finance
Hong Kong’s IDA partners with Japanese firms to build stablecoin cross-border remittance service
by shayaanby shayaanHong Kong digital asset company, IDA Finance teams up with Japanese banking group Progmat and other firms to develop a stablecoin remittance …
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Toncoin (TON), the native token of the Telegram-adjacent TON blockchain, spiked on Thursday as ecosystem organization The Open Network Foundation said several …
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Regulation
Crypto firms aiming for banking licenses under Trump administration
by shayaanby shayaanFintech and crypto firms are actively pursuing state and national banking licenses under President Donald Trump’s administration to gain regulatory approval that …
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Adoption
Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India
by shayaanby shayaanRussia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on …
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Regulation
U.S. crypto firms’ push for deregulation and political contributions raises ‘red flags’: Report
by shayaanby shayaanU.S. crypto firms were heavily vested in President Donald Trump’s reelection in 2024, contributing upwards of $144 million towards his campaign. But …
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Thai police have raided the offices of five unlicensed cryptocurrency firms, arresting 11 employees as part of a wider crackdown on illicit …