Australia’s monetary watchdog, ASIC, up to date its steerage, signaling that a lot of the digital asset sector already falls underneath the Companies Act 2001. ASIC reframed its steerage from “crypto property” to “digital property” and added 13 eventualities detailing when tokens and staking applications are thought-about monetary merchandise. ToContinue Reading
The Financial institution of Korea (BOK) urged banks to guide the issuance of Gained-pegged stablecoins, favouring a banking-led mannequin to mitigate threat. Visa is increasing its assist to just accept and settle with a number of stablecoins throughout 4 completely different blockchains, citing quadrupled stablecoin-linked card spending in This autumn.Continue Reading
World Liberty Monetary WLFI is airdropping 8.4 million governance tokens to early USD1 factors program customers. The airdrop targets customers who traded USD1 pairs or held USD1 balances throughout six main exchanges. The loyalty program will increase to spice up USD1 utility by way of new buying and selling pairs,Continue Reading
Greater than 73,000 Norwegians reported crypto in 2024, marking a 30% year-on-year improve. Declared crypto valued at over US$4B (AU$6.06B), together with US$550M positive factors and US$290M losses. New third-party reporting guidelines for exchanges start in 2026, strengthening compliance. Norway’s marketing campaign to tighten crypto tax compliance has yielded outcomes,Continue Reading
Three ETFs monitoring Solana, Litecoin, and Hedera launched on Wall Avenue, producing US$65 million (AU$98.5 million) in first-day buying and selling quantity. Bitwise’s Solana Staking ETF led with US$56 million (AU$84.9 million), supported by its 7% yield mannequin and zero-fee launch interval. The ETF wave highlights rising institutional curiosity, withContinue Reading
The far-right French political occasion, UDR, has launched a invoice into the French Nationwide Meeting, which if handed, would see the nation set up a strategic Bitcoin reserve holding as a lot as 420,000 BTC. The reserve could be funded primarily by way of public Bitcoin mining and Bitcoin seizuresContinue Reading
Evernorth Holdings purchased roughly 388.7 million XRP at a median value of US$2.44, accumulating roughly 95% of its goal. The corporate goals to supply institutional and retail traders with regulated, liquid XRP publicity. In the meantime, the REX-Osprey XRP ETF (XRPR) launched efficiently with over US$100 million in web inflowsContinue Reading
Trump Media partnered with Crypto.com to launch a reside beta prediction market on its Reality Social platform. The collaboration entails Reality+, Reality.Fi, and Crypto.com, which is able to act because the alternate and clearing companion for the brand new product. The transfer deepens ties between the businesses and locations predictionContinue Reading
Prediction market Kalshi sued the NY State Gaming Fee to dam a cease-and-desist order claiming its contracts are unlicensed sports activities wagering. Kalshi argues it operates as a federally regulated change below the CFTC, whose unique authority over listed derivatives ought to preempt state playing legal guidelines. The case hingesContinue Reading
The US deployed a service group close to Venezuela after indicators from President Trump about doubtlessly authorising strikes on drug cartels, which President Maduro rejected. A confrontation might enhance using stablecoins in Venezuela, which already ranks fourth in LATAM for crypto worth acquired attributable to inflation and sanctions. Each residentsContinue Reading
