Standard Chartered Bank (Hong Kong) Limited, A nimoca Brands, and HKT entered a joint venture with the intention of applying for a license from the Hong Kong Monetary Authority.  The License is projected to be used to launch a Hong Kong Dollar Backed Stablecoin geared towards competing in the fledgling global stablecoin market.  The Three…

Binance Co-Founder He Yi dismissed rumors of the crypto exchange being up for sale.  The High-level Binance Executive alluded that the speculation was the work of competitors and Mischief makers.  He Yi took to her X page to dispatch growing rumors that Binance, the largest crypto exchange in the industry, is up for sale. The…

The U.S. Attorney’s Office for the Western District of Washington reported a record $1.5 billion in criminal recoveries for 2024, largely driven by Binance’s $1.5 billion settlement. The case marks a significant step in crypto regulation and enforcement. Binance Settlement Accounts for Majority of DOJ’s Record-Breaking Recoveries The U.S. Attorney’s Office for the Western District…

State Street and Citigroup are preparing to launch crypto custody services, signaling Wall Street’s deepening involvement in digital assets. Learn more about their plans. Wall Street Banks Deepen Crypto Engagement Several major Wall Street financial institutions are expanding their presence in the cryptocurrency market, with reports indicating that State Street and Citigroup are preparing to…

Fold and Visa launch a Bitcoin Rewards Credit Card, offering up to 2% BTC back on purchases. Join the waitlist now for exclusive perks. Fold, a bitcoin rewards platform, has partnered with Visa to introduce the Fold Bitcoin Rewards Credit Card, allowing users to earn bitcoin instead of traditional cashback or points. Bitcoin Rewards Instead…

AUSTRAC (the Australian Transaction Reports and Analysis Centre) has intensified its efforts to enforce compliance in the remittance and digital currency exchange (DCE) sectors.  On February 17, the Australian regulator announced actions against 13 providers, with over 50 others under scrutiny for potential non-compliance. Notably, these measures are part of a year-long initiative addressing systemic…

Hashdex and Nasdaq have launched the Hashdex Nasdaq Crypto Index US ETF (NCIQ), providing U.S. investors with regulated access to Bitcoin and Ethereum through a single ETF. Hashdex and Nasdaq Global Indexes have introduced the Hashdex Nasdaq Crypto Index US ETF (NCIQ), allowing U.S. investors to gain exposure to both Bitcoin (BTC) and Ethereum (ETH)…

Argentina’s President Milei orders an investigation into $LIBRA cryptocurrency amid price crash, controversy, and potential government ties.

Aston Martin Aramco Formula One Team has announced a multi-year partnership with cryptocurrency exchange Coinbase, marking the first time an F1 team has publicly disclosed a sponsorship deal paid entirely in digital assets.  The agreement, settled in USD Coin (USDC), highlights the growing integration of cryptocurrency within professional sports. Under the deal, Coinbase branding will…

Cryptocurrency exchange Bybit has been officially removed from the blacklist maintained by France’s Autorité des Marchés Financiers (AMF) after more than two years of obeying regulatory guidelines. Notably, this milestone positions Bybit for its next major regulatory goal: securing a Markets in Crypto-Assets (MiCA) license to expand its operations across the European Union (EU). Bybit…