Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Hong Kong Tightens Stablecoin Rules to Curb Speculation, Fraud
Reading time: < 1 minuteHong Kong’s Stablecoin Ordinance, set for enforcement on August 1, will criminalize unauthorized promotions of fiat-pegged stablecoins, with penalties including fines and imprisonment.
Anchorage Digital to Issue First Regulated Onshore Stablecoin Under GENIUS Act
Reading time: < 1 minuteIn a landmark development for crypto regulation, Anchorage Digital Bank will issue Ethena Labs’ USDtb—the first stablecoin engineered to comply with the GENIUS Act.
Ethereum Could Soon Eclipse Bitcoin: Novogratz
Reading time: < 1 minuteGalaxy Digital’s Michael Novogratz argues that Ethereum’s scarcity and institutional inflows position ETH to outperform Bitcoin within months—with $4,000 as the next target.
US Spot Ethereum ETFs Attract $534 Million in Inflows
Reading time: < 1 minuteUS spot Ethereum exchange-traded funds (ETFs) recorded $533.9 million in net inflows on Tuesday, marking their third-highest single-day inflow since launch.
Court Approves $1.9B FTX Creditor Payout, Next Distribution Set for Sept. 30
Reading time: < 1 minuteFTX has secured court approval to distribute an additional $1.9 billion to creditors, with the next round of repayments beginning September 30.
CoinShares Gains MiCA License in France, Expanding EU Regulatory Dominance
Reading time: < 1 minuteCoinShares has strengthened its regulatory foothold in Europe by securing a MiCA license through its French subsidiary.
Senate Republicans Draft Crypto Bill, Eyeing House Collaboration
Reading time: < 1 minuteIn a move toward regulatory clarity, Senate Banking Committee Republicans have proposed a digital asset market structure bill that may align with the House’s CLARITY Act, passed July 17.
UK Moves to Outlaw Ransomware Payments for Public Sector
Reading time: < 1 minuteIn a bid to weaken cybercriminals, the UK government is finalizing a ban on ransomware payments for public sector entities and critical infrastructure—including energy, healthcare, and local governments.
SEC Grants Conditional Approval, Then Stays Bitwise ETF Conversion
Reading time: < 1 minuteThe U.S. Securities and Exchange Commission issued—and then suspended—approval for Bitwise’s proposed ETF conversion, reflecting regulatory caution over crypto-based funds.
MicroStrategy’s $740M Bitcoin Purchase Signals Strong Conviction
Reading time: < 1 minuteAs Bitcoin breached $122K last week, MicroStrategy seized the opportunity to buy 6,220 more BTC ($739.8M), further cementing its position as Bitcoin’s top corporate holder.
