Cryptocurrencies

US securities regulator issues long-awaited crypto guidance

The SEC’s new interpretation classifies crypto tokens into five categories

US-traded spot Bitcoin ETFs have seen roughly US$1.5 billion in inflows in March.

Bitcoin surprises as oasis of calm while Iran war jolts markets

The cryptocurrency has gained nearly 14% since the conflict broke out

Hong Kong requires any issuers of Hong Kong dollar-backed stablecoins to be licensed by the HKMA.

HSBC, Standard Chartered to get stablecoin licenses in Hong Kong

The city has been pushing ahead with ambitions to become a crypto hub through a series of regulatory measures first announced in 2022

The collapse of TerraUSD and its sister cryptocurrency Luna in May 2022 wiped out some US$40 billion in market value and triggered a broader crisis across cryptocurrency markets.

Singapore court raises damages payout for investors burned by Do Kwon’s Terraform collapse

But it upholds ruling that those who held TerraUSD past May 12, 2022, were speculating and not relying on misrepresentations

In line with demands from wealthy investors, Hong Kong’s government has been easing some rules to encourage crypto trading activity.

Hong Kong family offices plan more crypto, private markets exposure

The financial hub has sought to encourage more wealthy individuals and their families to anchor their investments in the city

About US$861 million in short positions have been liquidated since Monday, compared with US$536 million in longs, said crypto-analytics company Kaiko.

Bitcoin’s latest rally fails to convince nervous traders in options market

Deribit data shows the largest concentration of open interest clustering around downside protection, signalling they are betting the rebound may not last

In recent days, Bitcoin has even outperformed gold, to which the digital asset is often compared but seldom resembles.

Bitcoin holds firm above US$70,000 as global assets recover

Cryptocurrencies have failed to find a sustainable rally since a sharp sell-off in October

Kraken Financial is the company’s Wyoming-chartered bank and Payward is the legal parent.

Kraken’s banking arm becomes first crypto firm to secure payments account with Fed

Digital-asset companies have also benefited under US President Donald Trump, who has promised to make America the “crypto capital of the world”

Trump is known as the US’s first pro-crypto president.

Trump escalates confrontation with banks over crypto agenda

Banks oppose provisions that would allow firms such as crypto exchanges to pay yield to users holding stablecoins