Author: Louis Adams
NEAR Protocol Trust Targeted for ETF Conversion by Grayscale
Reading time: < 1 minuteCrypto investment firm Grayscale has filed paperwork with the US Securities and Exchange Commission proposing the conversion of its NEAR Protocol Trust into an exchange-traded fund.
ICE’s NYSE Announces Platform to Tokenize Stocks for 24/7 Trading
Reading time: < 1 minuteIntercontinental Exchange’s New York Stock Exchange unit disclosed plans Monday for a pioneering platform to trade and settle tokenized securities on a blockchain.
South Korean Customs Uncovers $102M Crypto Laundering Scheme
Reading time: < 1 minuteSouth Korea’s customs service has dismantled an alleged money laundering operation that processed $101.7 million using cryptocurrency and the banking system.
Best Week in Months: Spot Bitcoin ETFs Attract Major Fresh Capital
Reading time: < 1 minuteThe past week saw a remarkable $1.42 billion net inflow into US spot Bitcoin ETFs, the highest weekly total since October.
Crypto Regulatory Markup Postponed Following Industry Objections
Reading time: < 1 minuteThe United States Senate Banking Committee has postponed a key markup of legislation designed to regulate cryptocurrencies.
New Senate Legislation Proposes Clear Path for Crypto Oversight
Reading time: < 1 minuteA draft bill introduced in the US Senate offers a blueprint for regulating the digital asset marketplace.
Stablecoin Yield Rules Clarified in New Senate Market Structure Draft
Reading time: < 1 minuteA revised market structure bill from the US Senate draws a distinct line on stablecoin rewards.
Banking Giant Standard Chartered Eyes Crypto Brokerage
Reading time: < 1 minuteStandard Chartered is reportedly considering launching a crypto prime brokerage service.
South Korean Watchdog Drafts 5% Limit for Institutional Crypto Allocation
Reading time: < 1 minuteSouth Korea’s Financial Services Commission is seeking to introduce a 5% ceiling for corporate investments in cryptocurrencies.
Colombia Enacts Crypto Exchange Reporting Mandate for Tax Oversight
Reading time: < 1 minuteColombia’s National Directorate of Taxes and Customs (DIAN) has introduced a new mandatory reporting requirement for local crypto service providers, aimed at increasing transparency and combating tax evasion in the digital asset space.
