The U.K. is making its strongest push yet to position itself as a global leader in blockchain-powered financial markets, unveiling a government-backed strategy that argues tokenizing traditional assets could generate as much as £33 billion ($44 billion) in additional annual economic output by 2035. … [Read more...] about UK bets on tokenization to reinforce London’s financial edge
UK unveils its comprehensive crypto regulatory framework
The United Kingdom has unveiled its most comprehensive regulatory framework for digital assets to date, moving to bring crypto businesses under a unified supervisory regime while sharpening its ambition to become a leading global center for blockchain innovation and digital finance. … [Read more...] about UK unveils its comprehensive crypto regulatory framework
Binance faces EU access risk as Greek MiCA decision looms
Binance is facing a critical test in Europe, with its ability to serve customers across the European Union reportedly at risk as the bloc’s crypto licensing deadline approaches. … [Read more...] about Binance faces EU access risk as Greek MiCA decision looms
Stablecoins are becoming the new payments infrastructure
Stablecoins are moving from the edge of crypto markets into the centre of global finance. … [Read more...] about Stablecoins are becoming the new payments infrastructure
Stablecoins take center stage as regulators and institutions shape crypto’s future
The cryptocurrency industry's attention remains firmly fixed on stablecoins as regulators, financial institutions, and blockchain companies intensify efforts to shape the future of digital payments. … [Read more...] about Stablecoins take center stage as regulators and institutions shape crypto’s future
Senate unveils latest Clarity Act draft as crypto market rules head to markup
The U.S. Senate Banking Committee has released the latest text of the Digital Asset Market Clarity Act, putting one of Washington’s most closely watched crypto market-structure bills back on the legislative calendar. … [Read more...] about Senate unveils latest Clarity Act draft as crypto market rules head to markup
Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Texas has officially become the first U.S. state to acquire Bitcoin for a government strategic reserve, purchasing $5 million worth of the digital asset on November 20 at roughly $87,000 per BTC. The move was confirmed by Lee Bratcher, president of the Texas Blockchain Council, who said the initial allocation was executed through BlackRock’s iShares Bitcoin Trust (IBIT) while … [Read more...] about Texas becomes first U.S. state to purchase bitcoin for strategic reserve
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