Jordan's government (JSC) has taken a significant step toward regulating digital assets by approving an initiative to develop a comprehensive regulatory framework within the year. The initiative aims to align Jordan's regulations with global standards, creating a secure environment for digital asset trading while enhancing the country's digital economy. Regulatory Framework to Be Developed by…

The Securities and Exchange Commission (SEC) of Thailand is set to introduce a new trading system for digital tokens, leveraging distributed ledger technology (DLT) to enhance market efficiency and attract securities firms into the digital asset space, according to local reports published on February 3. Notably, Jomkwan Kongsakul, deputy secretary-general of the Thai SEC, stated…

The Arkansas Senate has rejected a bill banning bitcoin mining near military bases, keeping digital asset operations unrestricted despite national security concerns. Legislators Vote Against Restricting Digital Asset Mining Operations The Arkansas Senate has rejected Senate Bill 60, which sought to ban bitcoin mining operations within 30 miles of military facilities due to national security…

21Shares files for Polkadot ETF with the SEC, aiming to offer direct exposure to DOT with secure asset management.

Switzerland’s largest bank, UBS, has completed a proof-of-concept (PoC) using ZKsync Validium, an Ethereum layer-2 (L2) solution, to enhance its fractional gold investment product, UBS Key4 Gold. Notably, the pilot aims to address scalability, privacy, and interoperability challenges in digital gold trading. https://twitter.com/zksync/status/1885329177446133998 Swiss UBS: Enhancing Scalability and Security The PoC was conducted on a ZKsync…

FTX Trading Ltd. (d/b/a FTX.com) and the FTX Recovery Trust have reached a settlement with venture capital firm K5 Global, resolving litigation initiated in June 2024. The agreement, announced on January 31, allows FTX to retain its investment in K5’s funds, which is expected to support ongoing creditor recovery efforts. “Today’s settlement reflects another mutually…

Kraken Crypto Exchange announced an annual revenue of $1.5 Billion in 2024 cementing its position as one of the top exchanges in the industry.  Kraken Co-CEO Arjun Sethi announced the numbers with a 31 Jan blog post highlighting the mission of the exchange and its unique approach to growth and expansion.  “ In 2024, we…

Ethereum whales accumulate over 100,000 ETH despite market uncertainty, signaling confidence in their long-term value.