Category: crypto

South Korea’s Exchange Chairman is considering introducing crypto-based exchange-traded funds (ETFs) to revitalize the country’s capital markets. Despite past regulatory restrictions, inspired by the success of Bitcoin-related financial products globally, the exchange is exploring new avenues. However, the potential for crypto ETFs in South Korea remains uncertain due to regulatory hurdles.

Crypto.com has launched stock and ETF trading on its platform in the US, allowing users to manage stocks and ETFs alongside their crypto portfolios. This move is part of the company’s 2025 roadmap to bridge traditional and digital finance. The platform is expanding its US operations with new offerings and services.

Bitcoin (BTC) has seen a 3% increase over the past 24 hours, reaching a monthly high of $97,822 after trading below $95,000 for over a week. Despite old whales realizing profits, the market is recovering. Analysts suggest a cooling off period for the crypto market, with on-chain data supporting a continued upward trend.

In 2024, crypto venture capital investments grew by 26.1%, with 1,535 projects publicly disclosed. Total funding for the year reached $9.33 billion, slightly surpassing 2023. DeFi led with 24.4% of total projects. Notable deals included Stripe’s $1.1 billion acquisition of Bridge and Iris Energy raising $413.4 million.

Morgan Stanley’s crypto subsidiary, E-Trade, is planning to offer crypto trading with hopes of a more favorable regulatory environment under President-elect Donald Trump’s administration. Approval from key regulators, including the Federal Reserve, is needed. Charles Schwab also shows interest in crypto trading. This could bring new competition and capital to the crypto market.

Polymarket bettors predict an 85% chance of the SEC approving Solana ETFs by 2025, a 35% increase in confidence recently. Five major asset managers have applied for Solana ETFs, but regulatory uncertainty due to SOL’s classification as a security could complicate approval. Anticipated SEC leadership changes may impact the decision.

Terraform Labs co-founder Do Kwon pleaded not guilty to fraud charges related to the collapse of the TerraUSD stablecoin. After being arrested in Montenegro, he was extradited to the US to face trial. He faces nine charges and has already settled a civil fraud case with the SEC for $4.47 billion.

In 2024, the spot Bitcoin exchange-traded funds (ETF) IBIT and FBTC were among the top 20 by flows, with IBIT amassing $49 billion and FBTC securing $11.8 billion in yearly flows. Despite their success, they face stiff competition from traditional ETFs tied to the S&P 500. President-elect Donald Trump’s pro-crypto stance has sparked optimism in…

The T3 Financial Crime Unit, a collaboration between TRON, Tether, and TRM Labs, has frozen over USDT 100 million in criminal assets globally. Launched in August 2024, the unit works with law enforcement agencies worldwide to disrupt criminal networks involving money laundering, fraud, terrorism financing, and other financial crimes.

Binance, the largest crypto exchange, has obtained approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer. This marks a significant milestone for Binance in Brazil, showing its commitment to regulatory compliance. The move aligns with Brazil’s progressive crypto regulations and aims to meet the rising demand for secure and compliant crypto…