The SEC has proposed updated regulations to modernize crypto custody for investment advisers and funds, permitting them to hold client digital assets under certain conditions while introducing a clear framework for the growing asset class.

The SEC has proposed updated regulations to modernize crypto custody for investment advisers and funds, permitting them to hold client digital assets under certain conditions while introducing a clear framework for the growing asset class.

The SEC has approved a five-year Innovation Exemption allowing platforms to facilitate tokenized stock trading on the blockchain, moving forward despite the failure of the Clarity Act in Congress.

Sberbank, Russia's largest bank, projects $46.43 billion in crypto trading volume during its first year of operation, with plans to launch a digital asset custody service and crypto wallet by December.

Pakistan established its virtual asset regulatory regime in under six months using only 8% of its approved budget, according to Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority.

Bitcoin Magazine Belarus Approves the Country’s First Crypto Banks: Report  Belarus earlier this year signed a legal framework for crypto banks in the country. This post Belarus Approves the Country’s First Crypto Banks: Report  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

South African financial institution Absa has become the continent's first bank to provide bitcoin custody solutions, catering initially to institutional clients with plans to add more digital assets later.

Bitcoin surpassed $87,000 during Friday morning trading, driven by steady exchange-traded fund activity and a weaker-than-expected U.S. jobs report indicating higher unemployment.

Silicon Valley is once again becoming the meeting ground...

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Bitcoin defied traditional summer slumps by recording its third-best August in history, generating 25% in returns driven by shifting U.S. Treasury policies, ETF inflows, and regulatory developments.

The post Why Crypto Market is Down Today? Fear...

Bitcoin Magazine Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments  Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation.  The leading cryptocurrency was recently trading for $79,474 after dropping as…