Tagged: digital assets

March 18, 2025 @ 3:52 pm By Omar Faridi  |  

Senator Tim Scott, as Chairman of the Senate Banking Committee, has positioned the United States as a global leader in digital asset innovation through his advocacy for the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The United States will be the country… Read More

March 18, 2025 @ 1:22 pm By Omar Faridi  |  

Bitcoin (BTC) has undergone a sharp price correction, tumbling from a peak of nearly $110,000 in late 2024 to approximately $84,000 as of March 18, 2025. But for more perspective, BTC had actually dropped to around $16,000 in the last cycle after peaking at about… Read More

March 18, 2025 @ 12:48 pm By Omar Faridi  |  

tZERO Group Inc., a technology solutions provider for capital markets, announces that the full tokenization of its Series-A Preferred Equity Security (TZROP) is complete and, at the time TZROP was “fully tokenized, it became the first digital asset security to be custodied by tZERO’s Special… Read More

March 18, 2025 @ 8:22 am By Omar Faridi  |  

Zuger Kantonalbank partners with Sygnum, a global digital assets banking group, in order to further expand its token offering with Cardano (ADA) and Avalanche (AVAX). New tokens latest addition to regulated offering including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and other protocols As noted… Read More

March 17, 2025 @ 10:11 pm By Omar Faridi  |  

The painfully long-standing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs, which began in December 2020, appears to be approaching a critical juncture. Recent developments suggest that the case, centered on whether XRP constitutes an unregistered security, could finally conclude,… Read More

March 17, 2025 @ 2:01 pm By Omar Faridi  |  

Copper, a digital asset custody, collateral management, and prime services provider, is pleased to announce a partnership with Velocity Labs, an ecosystem builder looking to advance DeFi for the Polkadot Network. As a result of this partnership, clients will have “access to the Polkadot Network… Read More

March 17, 2025 @ 2:00 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has recently shared updates that signal its evolving role in both the investment and regulatory landscapes. Digital assets firm Coinbase is focused on its mission to democratize finance and bridge traditional systems with the crypto economy. Crypto exchange Coinbase aims to empower builders… Read More

March 16, 2025 @ 5:20 pm By Omar Faridi  |  

REX Shares, a firm focused on exchange-traded products, announces the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ: BMAX), a fund that provides exposure to convertible bonds issued by companies actively incorporating Bitcoin into their corporate treasury. In a strategy adopted by… Read More

March 15, 2025 @ 3:55 pm By Omar Faridi  |  

Crypto.com announced it has been issued a limited license by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives in the UAE. This issuance now reportedly extends the provisions of Crypto.com’s existing VASP license to operate in the region. With this limited license, Crypto.com’s regional… Read More

March 14, 2025 @ 4:47 pm By Omar Faridi  |  

Fasanara Digital, which is reportedly the $275M AuM crypto division of alternative credit specialist Fasanara Capital ($4.5B AuM) has launched a multi-strategy platform, which went live on Saturday 1 March with “an initial $36m under management. ” The Managed Account Platform (MAP) is currently allocated “across… Read More

March 14, 2025 @ 10:47 am By Omar Faridi  |  

Bitcoin Suisse is pleased to announce a new partnership with Haven1, an EVM layer-1 blockchain with a native Web3 app store. Bitcoin Suisse will now reportedly join Haven1 as a validator to help the project further decentralize its network and strengthen its overall security infrastructure…. Read More

March 14, 2025 @ 8:19 am By Omar Faridi  |  

Circle Internet Group, Inc., a financial technology firm and a stablecoin market participant, was reportedly the “first” firm in the crypto market to receive comprehensive licensing under the Bermuda Monetary Authority (BMA) in September 2021, through its regulated subsidiary, Circle International Bermuda Limited. Building on… Read More

March 13, 2025 @ 8:23 am By Omar Faridi  |  

Ripple, the enabler of enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Finance Centre (DIFC). Ripple will reportedly be the “first” blockchain-enabled payments provider licensed by the… Read More

March 12, 2025 @ 9:30 pm By Omar Faridi  |  

OKX has released their ‘Responsibility Report,’ providing insight into how their platform aims to: safeguard customer assets, help prevent fraud, operate within the Australian regulatory environment and promotes platform stability. As noted in the update from digital assets firm OKX, the ‘Responsibility Report’ outlines four… Read More

March 12, 2025 @ 8:11 am By Omar Faridi  |  

Cantor Fitzgerald announced that Anchorage Digital and Copper.co will serve as collateral managers and custodians for the firm’s new global Bitcoin financing business, which will provide leverage to institutional investors who hold Bitcoin. With security architecture, Anchorage Digital and Copper will now aim to deliver… Read More

March 11, 2025 @ 8:05 am By Omar Faridi  |  

The overall interest in digital assets continues to surge, with many investors increasingly allocating substantial portions of their investment portfolios to cryptocurrencies, undeterred by an evolving regulatory landscape. This, according to a report from KPMG. This resilience is examined in a research study conducted by… Read More

March 11, 2025 @ 8:02 am By Omar Faridi  |  

In their Q1 2025 analyst note, PitchBook researchers have shared an analysis of the evolving role of stablecoins in the global financial ecosystem. Released in early 2025, the report underscores the widespread use of these digital assets, which are pegged to stable benchmarks like major… Read More

March 10, 2025 @ 11:35 pm By Omar Faridi  |  

Gemini, the cryptocurrency exchange founded by the billionaire Winklevoss twins, Cameron and Tyler, has taken a significant step toward going public by confidentially filing for an initial public offering (IPO), according to sources familiar with the matter. This move, reported recently by Bloomberg, positions Gemini… Read More

March 9, 2025 @ 10:52 pm By Omar Faridi  |  

As the Bitcoin and crypto markets surged past a $3.2 trillion market cap, Fireblocks’ latest report underscores a deeply concerning reality: the web3 and blockchain industry’s security risks are intensifying along with its rapid growth. The research report, which includes key insights from Fireblocks (a… Read More

March 8, 2025 @ 4:14 pm By Omar Faridi  |  

Sygnum, a digital asset banking group, announces the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, the world’s largest crypto derivatives exchange. This latest integration enables traders to hold their assets in a regulated banking institution with “institutional-grade” security, while “accessing the… Read More