China’s central bank has launched a new international operation centre in Shanghai, purposed with increasing international adoption of the nation’s digital RMB central bank digital currency. The operations centre was first announced in June by the governor of the People’s Bank of China, Pan Gongsheng, and forms part of aContinue Reading
Paul Atkins pushes for year-end exemption, creating stability for crypto product development. The Agency introduces Project Crypto to lower compliance costs and integrate digital assets. Parallel legislative efforts in Congress aim to set clear crypto regulatory guardrails. US Securities and Exchange Commission (SEC) Chair Paul Atkins has confirmed plans toContinue Reading
US and UK create transatlantic task force to align digital asset rules and innovation. Group will deliver 180-day recommendations, consulting industry leaders to guide regulatory and market collaboration. Initiative complements GENIUS Act gaining strong support from Coinbase, CoinShares, and GSR. The United States and the United Kingdom have formed aContinue Reading
A Canadian man has been found guilty of scamming approximately 200 victims out of CAD$1 million while on bail for an earlier crypto heist which netted him CAD$48 million. In 2020 the man had performed a SIM swap attack to gain access to the crypto accounts of Josh Jones, theContinue Reading
The Avalanche Foundation is reportedly seeking to raise US$1 billion to fund the creation of two new companies dedicated to accumulating and managing a digital asset treasury of AVAX tokens. The fundraising effort is split into two separate deals: a US$500 million private placement led by Hivemind Capital and aContinue Reading
Binance and Franklin Templeton team up to create institutional-grade digital asset products for global investors. The collaboration merges Franklin Templeton’s tokenisation expertise with Binance’s extensive trading infrastructure. Goals include improving settlement efficiency, transparency, portfolio management, and capital market accessibility. Binance and Franklin Templeton have announced a strategic partnership to developContinue Reading
QMMM announced a US$100m (AU$153.2m) crypto treasury, sending shares up 2,300% before closing at US$207 (AU$317.1). Gains cooled in after-hours trading, with shares down nearly 25% to US$156.31 (AU$239.40). CEO Bun Kwai highlighted fast-growing blockchain adoption as the driver of QMMM’s digital asset strategy. Hong Kong-based investment company QMMM Holdings’Continue Reading
President Kassym-Jomart Tokayev announced Kazakhstan’s Strategic Bitcoin Reserve initiative, creating a state fund for digital assets managed by the National Bank’s investment arm. The country is simultaneously rolling out the digital tenge CBDC, already piloted for VAT refunds and infrastructure payments, with full scale-up planned by year-end. A US$1 billionContinue Reading
WLFI has allegedly frozen investor funds, prompting strong backlash from several early backers of the Trump-linked crypto project. Ethereum developer Bruno Skvorc said his tokens were withheld after his wallet was labelled “high risk” leaving him unable to withdraw. Tron founder Justin Sun claimed his stake was also blocked, escalatingContinue Reading
Paul Atkins calls the Spring 2025 agenda a “new day”, which puts crypto regulation front and centre. Planned rules will clarify crypto issuance, custody, trading, and allow trading on national exchanges and alternative trading systems. Broader goals include easing compliance burdens and revisiting costly audit trail requirements. Securities and ExchangeContinue Reading