Category: crypto

Under a new US Securities and Exchange Commission administration, changes to crypto exchange-traded funds (ETFs) like in-kind redemptions and staking for Ethereum products may happen soon. SEC Commissioner Hester Peirce, known as “Crypto Mom,” is open to reconsidering these changes to make crypto products more useful for investors. Bloomberg analysts predict a wave of crypto…

Tether Limited plans to invest $775 million in video-sharing platform Rumble to boost decentralization efforts. Despite the investment, Rumble CEO Chris Pavlovski will maintain control. The deal is expected to close in the first quarter of 2025. Tether aims to diversify beyond stablecoins into various industries like AI and renewable energy.

The EU’s upcoming crypto regulations, part of the MiCA framework, will require stablecoin issuers like Tether to obtain e-money licenses, leading to USDT’s delisting from EU exchanges. This move is expected to disrupt liquidity, increase costs for investors, and potentially drive traders to less regulated jurisdictions, impacting Europe’s competitiveness in the global crypto market.

Coinbase predicts key trends for 2025 include tokenization, DeFi resurgence, and pro-crypto regulation in the US. The exchange anticipates a pivotal year for US crypto legislation, with bipartisan support and initiatives like a Strategic Bitcoin Reserve. Globally, jurisdictions are also building frameworks to foster innovation, with the tokenization market projected to reach $30 trillion. Decentralized…

Shiba Inu has partnered with Chainlink to improve cross-chain functionality and data integration in its ecosystem. This collaboration integrates Chainlink’s CCT standard and CCIP into Shiba Inu’s network, allowing SHIB, LEASH, and BONE tokens to operate seamlessly across 12 blockchains. This partnership enhances the utility and reliability of Shibarium and enables innovative multi-chain applications within…

Around 120 crypto hedge funds faced challenges in accessing banking services over the past three years, according to a survey by AIMA. The banking issues ranged from unclear communication to termination of relationships. The existence of “Operation Chokepoint 2.0” by the Biden administration, aiming to limit access to banking services for the crypto industry, was…

Hexarq, a cryptocurrency subsidiary of Groupe BPCE, has received regulatory approval from France’s Financial Markets Authority to offer crypto services to its 35 million customers in 2025. This approval allows Hexarq to provide custody, buying, and selling services for digital assets under French law, reflecting BPCE’s cautious approach to digital finance. BPCE aims to offer…

Roman Storm, creator of Tornado Cash, seeks dismissal of criminal charges by US authorities following a court ruling declaring sanctions on the platform’s smart contracts unlawful. Storm argues lack of control over autonomous contracts absolves him of wrongdoing, challenging charges linked to IEEPA violations and money laundering. Due process concerns raised.

Ark Invest CEO Cathie Wood is bullish on Bitcoin, predicting it will surpass $1 million by the end of the decade. She attributes Bitcoin’s rising value to its limited supply and growing institutional interest. Wood also forecasts increased M&A activity under the incoming Trump administration and welcomes crypto-friendly policy changes.

El Salvador continues to increase its Bitcoin holdings despite scaling back certain policies agreed upon with the IMF. The country recently purchased 11 BTC, bringing its total to 5,980.77 BTC valued at $585.8 million. El Salvador remains committed to using Bitcoin for economic innovation and attracting investment, with plans to expand its Strategic Bitcoin Reserve…