Revolut has reinstated its crypto staking services for customers in Hungary following a temporary suspension triggered by new government regulations, Coindesk reported.The digital bank halted most of its cryptocurrency features in Hungary earlier thi
Hidden Road has expanded its prime brokerage services by adding support for over-the-counter (OTC) options on digital assets. The new offering allows institutions to execute OTC options and apply cross-margining with their other crypto holdings.Launc
Binance has integrated Circle’s USYC token into its platform, allowing institutional clients to use this tokenized money market fund as off-exchange collateral in derivatives trading. This collaboration aims to meet growing institutional demand for t
Hungary, a Central European country with a population of over 9.5 million, has introduced strict laws criminalising trading on an “unauthorised crypto-asset exchange service” and imposing jail terms of up to five years for traders and eight years for
The Cyprus Securities and Exchange Commission (CySEC) announced on July 4, 2025, that it has recalled the suspension of the authorisation of Cyprus Investment Firm Trek Labs Europe Ltd. This decision was made during a CySEC meeting on June 23, 2025.
Polymarket, the decentralized prediction market platform, sought to become the latest crypto unicorn after closing a new funding round at a roughly $1 billion valuation, Coinbase noted in its latest research.The raise, led by Founders Fund, marks a m
The Hong Kong Monetary Authority (HKMA) has confirmed that it will implement the Stablecoin Ordinance on 1 August 2025. This law will allow fiat-pegged stablecoin issuers to apply for licences in the territory.The confirmation followed the successful
New York Attorney General Letitia James has frozen $300,000 worth of cryptocurrency linked to an international fraud scheme that targeted hundreds of Russian-speaking residents across Brooklyn and beyond. Authorities say the operation used deceptive
Coinbase is seeking permission from the U.S. Securities and Exchange Commission (SEC) to offer tokenized equities. The company’s Chief Legal Officer, Paul Grewal, disclosed the effort in an interview with Reuters.If the SEC allows it, Coinbase would
The U.S. Securities and Exchange Commission may soon ease the regulatory burden on decentralized finance platforms as Chairman Paul Atkins outlines a potential "innovation exemption" aimed at protecting developers and enabling new blockchain-based sy
The Winklevoss twins are taking another swing at Wall Street, this time through an initial public offering. Their cryptocurrency exchange, Gemini, has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commissio
The UK’s financial watchdog is reconsidering its approach to crypto investments by proposing to lift the ban on retail access to crypto exchange-traded notes (cETNs). This shift signals a growing openness to integrating these products into mainstream
Equiti Group, known for offering contracts for differences (CFDs) trading services, announced today (Wednesday) its partnership with the Dubai Digital Asset Association (D2A2), a regulatory body aiming to strengthen and promote the digital asset sect
Crypto exchange Kraken introduced a new full-service brokerage solution targeting hedge funds, asset managers, corporates, and other large-scale market participants.Dubbed Kraken Prime, the new platform reportedly consolidates trading, custody, and a
Coinbase, which revealed last month that it had suffered a customer data leak, was aware of the breach as early as January, according to a report by Reuters. The crypto exchange estimates that the breach could cost up to US$400 million.The San Franci
The US Securities and Exchange Commission (SEC) has begun examining a new proposal for a spot XRP exchange-traded fund (ETF). The application was submitted by asset manager WisdomTree.If approved, this would be the first spot XRP ETF in the country.
Moomoo, a global trading platform, is expanding into cryptocurrency. The company will launch a new service called Moomoo Crypto for its U.S. users. The launch is part of Moomoo’s plan to grow beyond traditional securities trading.Moomoo operates in t
The 25-year prison sentence of Sam Bankman-Fried, the founder and former CEO of the now-collapsed FTX, might be reduced by more than four years, according to a report by Business Insider. So, if everything goes in Bankman-Fried’s favour, he could be
Outgoing Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger confirmed yesterday (Thursday) that the agency might “very soon” authorise the issuance and circulation of crypto perpetual contracts.It Would Be “Great to Get that Tr
Coinbase (Nasdaq: COIN) is set to join the S&P 500 index on 19 May 2025. The index tracks the largest 500 publicly listed companies in the US across various sectors, including finance, tech, healthcare, and more. Coinbase will be listed under the fin