Author: Louis Adams
I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.
Kraken Strengthens Tokenization Arm with Backed Finance Acquisition
Reading time: < 1 minuteCrypto exchange Kraken has agreed to acquire Backed Finance. Backed is the issuer behind Kraken’s xStocks, placing the exchange firmly in control of a high-growth segment within digital assets.
Yi He, Binance Co-Founder, Named Co-CEO in Leadership Restructuring
Reading time: < 1 minuteBinance has restructured its top leadership by appointing co-founder Yi He to serve as co-CEO alongside Richard Teng, solidifying her influence in the company’s formal command structure.
Government Green Light: Japan Approves 20% Flat Tax for Crypto Profits
Reading time: < 1 minuteJapan’s Financial Services Agency (FSA) has secured government and ruling coalition support for its proposal to institute a 20% flat tax on cryptocurrency earnings.
FDIC to Propose First GENIUS Act Rules for US Stablecoins Before Month’s End
Reading time: < 1 minuteThe US FDIC is set to issue its first proposed rules for the new stablecoin law before October concludes.
South Korean Lawmakers Aim for January Passage with New Stablecoin Bill Ultimatum
Reading time: < 1 minuteSouth Korea’s ruling Democratic Party has delivered a “final demand” to financial authorities for a stablecoin regulatory proposal by December 10.
Hong Kong’s Top Crypto Exchange HashKey Clears Path for IPO
Reading time: < 1 minuteHashKey has successfully cleared its HKEX listing committee hearing, a major regulatory hurdle for its planned initial public offering.
Grayscale to Convert Trust, Launch First US Spot LINK ETF
Reading time: < 1 minuteGrayscale is launching the first spot Chainlink ETF in the United States.
China Doubles Down on Crypto Ban, Flags Stablecoins as Criminal Risk
Reading time: < 1 minuteChina has issued a fresh warning against cryptocurrency, promising a renewed crackdown.
Facing ETF Giants, CoinShares Exits US Spot Race for XRP, Solana, Litecoin
Reading time: < 1 minuteCiting the overwhelming market dominance of traditional finance leaders, CoinShares has withdrawn from the US spot ETF arena for XRP, Solana, and Litecoin.
November Exchange Volume Craters: $1.6T Spot, $398B DEX
Reading time: < 1 minuteCrypto trading activity cooled significantly in November. Centralized exchange spot volume dropped 27% to $1.59 trillion, the lowest since June.
