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 Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week The two top bitcoin treasuries last week spent a combined $232.5 million on BTC. This post Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a Week 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.

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Connor Brown of the Bitcoin Policy Institute analyzes the Senate cloture vote for the Clarity Act, detailing the need for bipartisan support, Senator Cynthia Lummis's revised draft, and implications for digital asset regulation.