Finance and Business News

Li Lin, Huobi founder, has reportedly raised about $1 billion to support a large-scale investment strategy focused on Ethereum (ETH).

Ghana is preparing to introduce crypto regulations by the end of 2025, with the a draft bill soon be presented to parliament.

Australia’s government is preparing new legislation that would grant AUSTRAC expanded authority to restrict or ban crypto ATMs.

The Bank of England (BoE) has reassured that its proposed restrictions on stablecoins holdings and transaction sizes will be temporary,

BlackRock expects traditional financial assets such as stocks, bonds, and real estate to move toward tokenized versions.

Japan is preparing to tighten oversight of the cryptocurrency market by introducing regulations to prohibit and punish insider trading.

JPMorgan Chase is preparing to scale up its exposure to digital assets by developing cryptocurrency trading services, according to Lucas.

Bhutan is taking a major step in digital innovation by migrating its self-sovereign national ID system from Polygon to Ethereum.

The synthetic dollar USDe briefly lost its dollar peg on Binance during Friday’s market crash, plunging as low as $0.65.

The Trump administration is reportedly leaning toward granting a presidential pardon to Binance co-founder Changpeng “CZ” Zhao.

Kalshi, a MIT-founded prediction market startup, has recently raised over $300 million in a new Series D funding round

Pavel Durov, the founder and CEO of Telegram, claimed that governments are steadily dismantling the foundations of a free and open internet. 

European policymakers are calling for the creation of euro stablecoins to reduce the bloc’s dependence on U.S. dollar-based digital assets.

Bitwise Asset Management has recently cut the management fee for its proposed U.S.-based Solana ETF to just 0.20%.

Uganda has officially launched a CBDC pilot amid the country’s drive to modernize its financial system through blockchain technology.

Coinbase, one of the world’s largest cryptocurrency exchanges, has launched crypto staking services in New York

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has announced a $2 billion investment in Polymarket

The recently enacted GENIUS Act, which became law in July, is shaping up to be one of the most disruptive financial shifts in years.