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.
Bitcoin prices stabilized after an expected Federal Reserve rate hike by the U.S. central bank, lifting the benchmark rate to between 3.75% and 4% amid ongoing inflation concerns.
Deutsche Bank announced plans to launch a bitcoin custody service for institutional and corporate clients in Europe before the end of the year, joining a growing trend among major global financial institutions.
Senator Cynthia Lummis thanked President Donald Trump for accepting strict ethics restrictions to help secure passage for the upcoming Clarity Act vote, which aims to establish a clear regulatory framework for digital assets.
Malone Lam, a 22-year-old Singapore native living in Miami, has pleaded guilty to masterminding an international cybercrime ring that stole $245 million in cryptocurrency to fund an extravagant lifestyle.
Nasdaq is reportedly investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, in a deal valuing the firm at $21 billion to develop tokenized equities infrastructure.
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.
Bitwise research chief Ryan Rasmussen reveals that major institutions like sovereign wealth funds and pensions did not liquidate their Bitcoin holdings during a recent price drop, choosing instead to accumulate more as a hedge against currency debasement.
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.
UK Chancellor John Healey criticized Reform Party leader Nigel Farage during a speech, comparing him to Liz Truss with a Bitcoin account while discussing economic policies and political donations.
Citigroup and Coinbase have partnered on a blockchain initiative to provide corporate stablecoin solutions, enabling institutional clients to easily transition between traditional fiat currency and digital assets without managing separate architectures.