Cryptocurrencies

JPMorgan sees crypto boost if market-structure bill passes

The Clarity Act is part of a broader push in Congress to create a comprehensive regulatory framework for digital assets

Since taking the helm in November 2023, Richard Teng has sought to make Binance the “most regulated” crypto exchange in the world.

Binance bets on Greek labour, security for EU growth, co-CEO Teng says

Crypto firms must obtain MiCA licence by July to continue operating in EU

The crypto market as a whole is also under pressure, with the total market value down more than 20% from one year ago, according to CoinGecko.

Bitcoin approaches US$70,000 as risk appetite returns to crypto

The token is down nearly 50% from an all-time high of almost US$127,000 reached in early October

Crypto.com is already regulated on the state level by the New Hampshire Banking Department as a non-depository trust company.

Crypto.com says it won conditional approval for US bank charter

Becoming trust banks does not allow the firms to act as traditional Main Street institutions

Cryptocurrencies have remained fragile since a wave of liquidations in October eroded market confidence, with Bitcoin plunging 24% in the three months ended Dec 31.

Bitcoin trapped in fragile trading as hedge funds pivot to cash

The token is down about 50% from an all-time high of almost US$127,000 reached in early October

World Liberty issues the USD1 stablecoin, which has a market value of about US$5 billion.

Trump-linked World Liberty targets real estate as crypto slides

Real estate has been slower to move on-chain than other assets

Many banks say they are also mindful of digital assets’ potential to reshape customer behaviour, and want to stay at the forefront of development.

US banks build tokenised deposit network to guard their turf

The full service is expected to be available for customers of the banks involved in the fourth quarter

Bitcoin is down more than 45% from its October peak of just over US$126,000 and has repeatedly failed to sustain rebounds, a sign that speculative demand is thinning.

Bitcoin under pressure in Asia after Standard Chartered warning

The broader crypto market has shed nearly US$2 trillion in value over the same stretch

While the crypto-friendly administration has been seen as a boon for the industry, Bitcoin recently reached its longest monthly losing streak since 2018.

Crypto investor exodus weighs heavier on Bitcoin also-ran Ether

Both crypto tokens have seen billions in outflows from their ETFs since the early October crash