South Korea’s government and ruling Democratic Party have reportedly agreed to cap major shareholder stakes in domestic cryptocurrency exchanges at 20% as part of new industry regulations.
Kraken’s banking unit has secured a limited-purpose master account from the Federal Reserve Bank of Kansas City, granting the crypto exchange direct access to the US central bank’s Fedwire payments system.
Cryptocurrency markets briefly became the primary venue for global price discovery after US military strikes on Iran occurred while traditional financial markets were closed, according to Bitwise Asset Management CIO Matt Hougan.
Bitcoin surged past $73,000 on Thursday, reaching its highest level in a month after gaining more than $10,000 since its sharp decline following US-Iran military strikes over the weekend.
Morgan Stanley has named Coinbase and BNY Mellon to play major roles in the custody and administration of its proposed spot bitcoin exchange-traded fund according to an amended filing submitted to the United States Securities and Exchange Commission.
Security researchers have identified a powerful iPhone hacking toolkit capable of infecting devices simply when users visit malicious websites.
Stablecoin infrastructure company Cyclops has secured $8 million in fresh funding to expand its enterprise payments platform.
Bitcoin climbed above $72,000 during early trading hours, marking its highest level in roughly one month as markets reacted to institutional flows and easing geopolitical fears.
Ethereum co-founder Vitalik Buterin has urged developers to broaden the network’s mission beyond decentralised finance and support a wider ecosystem of open technologies.
JPMorgan CEO Jamie Dimon criticised crypto companies seeking to offer rewards on stablecoin holdings, saying firms should become banks if they want to provide such financial services.
MARA Holdings rejected claims that it plans to sell a large portion of its Bitcoin treasury after speculation spread online about a potential shift in the company’s balance sheet strategy.
Crypto.com donated $1 million to the youth nonprofit After-School All-Stars during an on-ice ceremony at Crypto.com Arena in Los Angeles on March 2.
