Category: crypto

CME Group will launch options tied to Solana and XRP futures by Oct. 13. The options will be available on standard and micro contracts with weekly expiries, meeting demand from institutions and traders. These options provide flexibility for investors to hedge risks or leverage price movements. Liquidity in Solana and XRP futures has been growing,…

Democratic lawmakers are questioning whether David Sacks, President Trump’s “crypto and AI czar,” has exceeded the time limits of his temporary White House appointment, raising concerns about ethics violations. Sacks, a venture capitalist, has ties to Silicon Valley that may pose conflict-of-interest issues if he is no longer within the bounds of his appointment.

The SEC approved new generic listing standards for commodity-based trust shares on major exchanges to streamline the approval process for digital asset ETPs. However, not all crypto ETPs will qualify immediately due to threshold requirements. The SEC may further refine these standards in the future to accommodate different digital asset products.

Forward Industries is increasing its commitment to Solana by filing a $4 billion equity offering program with the SEC. The proceeds will support corporate needs and expand Solana treasury holdings. Despite a 7% drop in share prices, the move is seen as a strategic way to unlock capital. Other companies are also increasing their Solana…

The UK’s Financial Conduct Authority (FCA) is planning to expand its regulatory reach in the crypto industry, with new proposals to apply rules to crypto firms for retail investor protection and oversight. This shift aims to provide safer custody of assets, better risk disclosure, and clearer consumer recourse while balancing innovation and market integrity.

Bitcoin experienced volatility on Sept. 17 following a 25 basis-point interest rate cut by the Federal Reserve. The decision lowered the federal funds rate to 4% to 4.25% and had a significant impact on Bitcoin’s price. The rapid swings in Bitcoin’s value highlighted the asset’s sensitivity to changes in Fed policy and dollar liquidity. The…

New York’s financial regulator is advising banks to utilize blockchain analytics to manage risks related to virtual currency, including money laundering and sanctions violations. Superintendent Adrienne Harris recommended screening customer wallets, monitoring crypto activity, and updating compliance frameworks regularly. The guidance aims to safeguard against threats like terrorist financing and sanctions evasion.

Bitcoin surpassed $117,000, its highest level since August, as traders await the Federal Reserve’s interest rate decision. Market expectations of an easier monetary policy have boosted momentum. Bullish sentiment on social media and stablecoin flows into exchanges indicate readiness to capitalize on market moves. However, caution is advised as markets may move against retail consensus.…

Metaplanet, a Tokyo-listed Bitcoin treasury firm, is expanding its operations after a successful $1.4 billion capital raise. It has established a US subsidiary, Metaplanet Income Corp., and a Tokyo subsidiary, Bitcoin Japan Inc. The company aims to increase revenue streams and become the second-largest corporate holder of Bitcoin.

A recent survey by EY-Parthenon found that a majority of financial institutions and corporations not currently using stablecoins plan to deploy them within the next six to twelve months. The main reasons cited for adoption are reduced transaction costs and faster cross-border payments. USDC and USDT are the most popular stablecoins among current users. Regulatory…