New EU’s MiCA Regulation Force Stablecoin Conversions, Industry Adapts
Key Insights EU’s Markets in Crypto Assets regulation for stablecoins is now in effect, permitting only regulated stablecoins within the…
UBS Completes Merger with Credit Suisse’s Swiss Unit
Key Insights UBS has completed the merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG, with the latter ceasing…
U.S. Marshals Service Awards $32.5 Million Crypto Custody Contract to Coinbase
Key Insights The U.S. Marshals Service has awarded a $32.5 million contract to Coinbase Prime for cryptocurrency custody and trading…
Robinhood Acquires AI-Powered Investment Platform Pluto Capital
Key Insights Robinhood Markets has acquired Pluto Capital, an AI-powered investment research platform, to enhance its AI capabilities and user…
Sony to Launch Crypto Exchange Subsidiary S.BLOX in Japan
Key Insights Sony Group Corp is launching a cryptocurrency exchange subsidiary named S.BLOX Co. The new exchange plans to integrate…
Gemini Inks 5-Year Bitcoin Deal with English Football Club Real Bedford
Key Insights Cryptocurrency exchange Gemini has signed a five-year sponsorship deal with Real Bedford football club, to be paid upfront…
MAS Fines Businessman S$70,000 for Insider Trading in GS Holdings shares
Key Insights Singapore’s Monetary Authority has fined businessman Tay Joo Heng S$70,000 for insider trading in GS Holdings Limited shares.…
Ferratum Australia Hit with A$16 Mln Penalty over Consumer Credit Violations
Key Insights Ferratum Australia Pty Ltd has been ordered by the Federal Court to pay A$16 million in penalties for…
Hong Kong’s SFC Flags Three Crypto Platforms for Deceptive Practices
Key Insights Hong Kong’ SFC warns of three unlicensed virtual asset trading platforms – Tokencan, VBIT Exchange, and HKD.com Corporation…
Analysts Predict Ether Price Surge to $6,500 in 2024
Key Insights Steno Research predicts $15-20 billion net inflows for spot ether ETFs in the first year, potentially driving ether’s…