An AFP information scientist recovered US$5.9 million (AU$9.0 million) in cryptocurrency from a digital pockets linked to organised crime. Investigators uncovered the pockets’s restoration phrase by decoding a hidden sample in a suspect’s telephone information. The seized funds could also be forfeited to the Commonwealth to help nationwide crime preventionContinue Reading
OKX’s thirty sixth Proof of Reserves audit verified US$35.4B (AU$54.16B) in absolutely backed buyer belongings, marking a 75% year-on-year improve. Person participation in PoR verification instruments rose sharply with “View My Audit” visits up 123%, and zero-knowledge checks up 386%. OKX expanded its Customary Chartered partnership in Europe and securedContinue Reading
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
Citi and Coinbase associate to supply 24/7 digital asset funds for establishments, bridging fiat and crypto via blockchain-based infrastructure. The brand new Citi–Coinbase alliance streamlines on/off-ramps and explores stablecoin payouts to advance international crypto cost entry. Citi groups with Coinbase to simplify institutional crypto funds, merging conventional finance with blockchain-poweredContinue Reading
IBM launched Digital Asset Haven, a brand new platform for custody, transaction routing, and settlement throughout 40+ private and non-private blockchains. The platform targets regulated establishments, together with banks, governments, and huge firms, that require sturdy coverage controls, auditability, and knowledge governance. Digital Asset Haven provides a simplified management airplaneContinue Reading
OKX launched Rubix, a modular resolution enabling regulated establishments to combine digital-asset companies with out overhauling techniques. The platform connects buying and selling, custody, and settlement to present workflows, serving to companies broaden into digital property beneath compliance management. Rubix is now reside throughout a number of areas, providing scalableContinue Reading
T. Rowe Value, a century-old monetary big managing US$1.8 trillion in belongings, has filed for an actively managed crypto exchange-traded fund together with Bitcoin, Ethereum, Solana, XRP, Cardano, Litecoin and others. The transfer is important as a result of T. Rowe Value solely entered the ETF sector in 2020 andContinue Reading
Wise has posted a London-based job opening for a digital-asset product lead focused on stablecoins, suggesting a possible move into crypto amid improving regulation. The position, shared by product director Matthew Salisbury, will explore integrating stablecoin and blockchain capabilities into Wise accounts. The shift comes as stablecoin technology gains mainstreamContinue Reading
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
