Bitwise Asset Management is working with Superstate to put shares of its Solana staking ETF onchain, potentially giving investors a tokenized version of the same security they can already hold through traditional brokerage infrastructure. The firms are developing a framework under which shareholders could elect to hold Bitwise fund shares either through the Depository Trust […]
The U.S. Securities and Exchange Commission has canceled its August 14 open meeting on new crypto offering rules, delaying a closely watched rulemaking vote without setting a replacement date. The SEC formally canceled the meeting in an August 13 Sunshine Act notice. The notice itself gave no reason, while an agency spokesperson told Reuters that […]
A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison Thursday after finding him guilty of defrauding customers of roughly 70 billion won ($49 million) through the collapsed crypto deposit platform. The Seoul Southern District Court also ordered Jeong detained, citing a risk of flight. The sentence fell five years short […]
Thunes has added Circle’s EURC to its liquidity infrastructure, giving eligible members of its global payments network a way to prefund euro-denominated transactions around the clock, including on weekends and holidays. The payments company said the rollout will initially support EURC funding across Ethereum, Solana, Base and Stellar. Members can use EURC as a treasury […]
The Blockchain Association has thrown its support behind Custodia Bank’s bid for Supreme Court review, arguing that the Federal Reserve should not have broad discretion to deny master accounts to legally eligible state-chartered banks. The filing brings another major crypto industry group into a case that could determine how much control regional Fed banks have […]
Anchorpoint Financial has begun the first phase of its Hong Kong dollar stablecoin rollout, putting HKD At Par, or HKDAP, into limited circulation through authorised distributors and professional investors. The launch moves one of Hong Kong’s first licensed stablecoins from regulatory approval and testing into commercial use. The Standard Chartered-backed venture is using a business-to-business-to-consumer […]
Crypto.com has expanded its tokenized-stock offering to roughly 1,500 U.S. stocks and ETFs, giving eligible users 24/7 access to equity-linked products through the same app used for cryptocurrency trading. The company said in its announcement that the products are available to eligible users in the European Economic Area and other approved jurisdictions, with positions starting […]
Coinbase announced on August 11 that it is expanding derivatives trading to professional investors in the UK, offering perpetuals, dated futures and crypto options as access rolls out progressively over the coming weeks. Perpetual contracts will offer leverage of up to 50x. According to Coinbase’s announcement, eligible clients will eventually have access to more than […]
The U.S. Securities and Exchange Commission will hold an open meeting on Friday, August 14, to consider proposing new rules for certain investment contracts involving crypto assets. The meeting is scheduled for 10:00 a.m. ET, with the Division of Corporation Finance leading the agenda item. According to the SEC’s official open-meeting notice, commissioners will consider […]
Robinhood has begun rolling out cryptocurrency trading to eligible UK customers this week, giving users access to more than 50 digital assets through Bitstamp UK Ltd inside the main Robinhood app. Bitcoin, Ethereum, XRP and Hyperliquid’s HYPE are among the cryptocurrencies available at launch. According to Robinhood’s official announcement, the service carries no trading, account […]
