Coinbase Shares Rally 9% After S&P 500 Inclusion Announcement
Key Insights Coinbase will join the S&P 500 on May 19, becoming the first crypto-native company included in the index,…
CME Group Fines Trader Kin Chung Lam $50,000 for Wash Trades in Aluminum Futures
Key Insights CME Group sanctioned Kin Chung Lam for executing multiple wash trades in aluminum futures and calendar spreads on…
24 Exchange Launches FX Non-Deliverable Swaps, Expands Institutional FX Offerings
Key Insights 24 Exchange has launched FX Non-Deliverable Swaps, expanding its institutional FX offerings with seamless access via its existing…
Dubai to Enable Crypto Payments for Government Services Under New Deal with Crypto.com
Key Insights Dubai has partnered with Crypto.com to enable residents and businesses to pay for government services using cryptocurrencies, supporting…
SEC Closes Probe Into PayPal Stablecoin PYUSD as Adoption Efforts Accelerate
Key Insights The SEC has closed its investigation into PayPal’s PYUSD stablecoin without taking enforcement action, ending a 2023 probe…
UK Unveils Draft Crypto Rules to Foster Innovation and Tackle Fraud
Key Insights The UK government has released draft legislation to regulate crypto exchanges, stablecoin issuers, and address market abuse, admissions,…
Circle Secures In-Principle Approval in Abu Dhabi, Eyes Middle East Expansion
Key Insights Circle received in-principle approval from ADGM’s FSRA to operate as a money services provider in Abu Dhabi, signaling…
Trump Memecoin Sees $2.4 Bln Surge After VIP Dinner Announcement, Kaiko Reports
Key Insights TRUMP memecoin trading activity surged after an April 23 announcement offering top holders a VIP dinner and a…
Bitcoin Could Hit $120,000 in Q2 Amid Shift Away from U.S. Assets, Standard Chartered Says
Key Insights Standard Chartered’s Geoff Kendrick projects Bitcoin to hit $120,000 this quarter, citing a shift away from U.S. assets,…
Ledger Integrates DeFi Stablecoin Yields Into Self-Custody Wallets via Kiln Partnership
Key Insights Ledger has partnered with DeFi platform Kiln to enable users to earn 5% to 9.9% yields on stablecoins…