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.

Bitget users withdrew over 4,000 bitcoins worth more than $334 million within one hour after the exchange reopened withdrawals following a $388 million hack attributed to North Korean cyberattack groups.

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.

VerifiedX has initiated a $15 million financing round backed by Cantor Fitzgerald to deploy institutional Bitcoin infrastructure, expand custody partnerships with BitGo, and support native Bitcoin yield tools.

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Grayscale reports that unchecked U.S. government debt surpassing $40 trillion is driving the debasement trade, channeling cash into alternative stores of value and positioning bitcoin as a primary beneficiary.