Japanese and Singaporean regulators join forces on crypto pilot project
“Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA official Mamoru Yanase.
Web3 firms are spending up to $25M on HK crypto licenses: Report
VASP expenditures vary between 20 million and 200 million Hong Kong dollars as firms scramble to find Web3 talent for licensing.
Nevada financial regulator petitions court to place Prime Trust into receivership
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto.
Bitcoin bulls grill $31K as Fidelity ETF move fuels BTC price strength
Bitcoin manages another attack on $31,000, while traders hope for further BTC price upside in the coming days.
Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Will $30K be a new springboard for Bitcoin bulls?
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests.
Crypto investment products see largest weekly inflow since July 2022
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products, with Bitcoin leading the rally.
Venture capital financing in crypto, explained
Venture capital firms invest in early-stage startups to fuel innovation, growth and technological advancements within the crypto ecosystem.
BitGo Still Has Acquisitions Pending After Canceling Prime Trust Purchase
CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months.
Web3 Is Becoming More Popular: Where’s The Regulation?
The key is to strike a balance between providing clarity and allowing for innovation.
Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes.
