BitMEX, one of the cryptocurrency industry's earliest derivatives exchanges, will cease operations by Sept. 23, bringing to a close an 11-year run that helped shape the market for leveraged digital-asset trading. … [Read more...] about BitMEX to shut down after 11 years as crypto competition intensifies
Kraken delays IPO as crypto market turbulence cools investor appetite
Crypto exchange Kraken has put its highly anticipated initial public offering on hold, citing challenging market conditions that have dampened investor enthusiasm across the digital asset sector. … [Read more...] about Kraken delays IPO as crypto market turbulence cools investor appetite
Japan gears up for crypto surge as firms bet on regulatory easing
Japanese financial firms and crypto exchanges are positioning themselves as Tokyo hints at loosening its rules on digital assets — a move that could reshape one of Asia’s most tightly controlled crypto markets. … [Read more...] about Japan gears up for crypto surge as firms bet on regulatory easing
Senate Democrats, crypto leaders clash over sweeping digital assets bill
Tensions rose during a closed-door meeting Wednesday between Senate Democrats and leading crypto executives as negotiations over a major digital assets bill intensified on Capitol Hill. … [Read more...] about Senate Democrats, crypto leaders clash over sweeping digital assets bill
PayPal launches crypto payment service with lower fees and global reach
PayPal announced the launch of its “Pay with Crypto” service, aimed at integrating cryptocurrency payments into mainstream commerce while reducing transaction costs for businesses. The service enables near-instant settlement, seamless international transactions, and cost savings of up to 90% compared to traditional cross-border credit card processing. … [Read more...] about PayPal launches crypto payment service with lower fees and global reach
Trump signs GENIUS Act, marking watershed moment for U.S. crypto regulation
In a historic moment for digital assets, President Donald Trump on Friday signed into law the GENIUS Act, the first major piece of U.S. legislation to regulate stablecoins. The move caps off a flurry of crypto-focused activity on Capitol Hill during what industry insiders are calling “Crypto Week.” … [Read more...] about Trump signs GENIUS Act, marking watershed moment for U.S. crypto regulation
Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Circle Internet Group's explosive $1.05 billion IPO on the New York Stock Exchange has reignited investor enthusiasm for cryptocurrency listings, marking the largest public offering in the sector since Coinbase’s 2021 debut. The stablecoin issuer priced shares at $31 but opened at $69 and closed at $83.23 on its first day, reflecting surging demand amid improving sentiment in … [Read more...] about Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
New SEC chairman pledges clearer crypto rules to support innovation
Paul Atkins, the newly appointed chairman of the U.S. Securities and Exchange Commission (SEC), emphasized the need for clear regulatory guidance for the cryptocurrency sector during his first public remarks in office. Speaking at the SEC's crypto roundtable, Atkins criticized previous agency leadership for creating “regulatory uncertainty” that he said had hindered innovation. … [Read more...] about New SEC chairman pledges clearer crypto rules to support innovation