Crypto Cryptocurrency

Citadel Securities has invested US$400 million in Crypto.com, valuing the cryptocurrency exchange at US$20 billion.

The Financial Action Task Force (FATF) has urged governments to strengthen anti-money laundering (AML) enforcement for cryptocurrencies, warning that criminals are making greater use of stablecoins.

MoonPay has acquired Glide to expand its cryptocurrency deposit capabilities and simplify how users transfer digital assets into wallets.

Pakistan's crypto regulator is seeking to prevent a proposed ban on asset-backed tokens, arguing they should remain available under an appropriate regulatory framework.

Ondo Finance (CRYPTO:ONDO) climbed 15% after announcing a partnership with SBI Group to expand tokenised financial products in Japan.

Morgan Stanley subsidiary E*TRADE will launch spot cryptocurrency trading for retail investors, expanding its digital asset offerings.

Polygon (CRYPTO:POL) developer Polygon Labs has cut jobs as Coinme assumed responsibility for Polygon ID under a new transition agreement.

Tether, the world's largest stablecoin issuer by market capitalisation, has invested US$20 million in Argentine digital bank Ualá as part of a broader push to expand its presence across South America.

On-chain analyst PlanB, creator of the Stock-to-Flow model, has revised his Bitcoin (CRYPTO:BTC) price projection for the current halving cycle to a range of US$250,000 to US$1 million, with an average target of approximately US$500,000 before the cycle concludes.

Two California residents have been charged with laundering cryptocurrency that US authorities allege came from fentanyl and methamphetamine trafficking.

Luno has called on South Africa to update its cryptocurrency laws through Parliament, rather than using executive proclamations.

Hyperion DeFi will deploy 500,000 HYPE (CRYPTO:HYPE) into Hyperliquid's HIP-3 markets to increase liquidity and support trading activity.