Market
Crypto
Interest in Bitcoin ETFs persists despite SEC delays and significant $1.2B outflows
Bitcoin ETFs face a turbulent week with $1.2B outflows as SEC scrutinizes new proposals.
Tokenization
Ripple donates $100,000 in XRP for California wildfire relief amid ongoing SEC battle
Ripple exemplifies cryptocurrency's philanthropic potential despite ongoing legal battles with the SEC.
Legal
Elon Musk slams SEC as ‘broken’ over ‘artificially’ created $150 million Twitter stock windfall
SEC claims Musk's delayed Twitter disclosure saved him $150 million and hurt retail investors.
Adoption
TON Foundation prepares for US expansion amid pro-crypto Trump administration
US historical regulatory scrutiny gives way to new opportunities as Stotz leads the foundation's expansion efforts.
Stablecoins
Shadowy marketplace Huione launches USDH stablecoin to evade scrutiny
Huione's USDH stablecoin eludes traditional controls, raising compliance concerns amid its decentralized features.
Crypto
Italy’s largest bank Intesa Sanpaolo enters Bitcoin market with initial €1 million investment
Italy's Intesa Sanpaolo reportedly joins a growing number of financial institutions embracing Bitcoin amidst heightened corporate demand.
Regulation
Robinhood pays $45M to settle SEC violations over reporting and cybersecurity missteps
The penalties comes as Robinhood's crypto segment reports significant trading activity and expansion.
Regulation
New York and Bank of England collaborate to align global crypto regulations
NYDFS and BOE set to enhance digital finance regulation through collaborative TRE initiative.
Crypto
BlackRock’s iShares Bitcoin ETF shines amid sector outflows, expands to Canada
BlackRock expands iShares Bitcoin Trust to Canada after leading US Bitcoin ETF inflows.
Layer-2
Soneium blockchain launches as Sony dives deeper into NFT and crypto space
Sony taps into the decentralized internet with Soneium, merging blockchain with entertainment for enhanced creativity and innovation.
Stablecoins
Tether to relocate global headquarters to Bitcoin-friendly El Salvador
El Salvador's regulatory clarity and digital aspirations lure Tether to establish its global headquarters.
Exchanges
Binance captures 97% of South Korean market and half of global Bitcoin transactions
Binance's user safety systems had prevented more than $4 billion in potential losses in2 2024.
