“User assets remain safe and secure, and we will communicate any further updates through our official channels.” BitMart, Phemex and MEXC did not immediately respond to a CoinDesk request for comment. South Korea’s proposed Digital Asset Basic Law, yet to come into force, would set… Read More
“Moving assets onchain is only the first step,” said Bitget CEO Gracy Chen. “The bigger question is how efficiently that capital can work once it is there.” The IMF’s message is that while the use case is real, the market is still nascent. It said… Read More
The U.K.’s largest retail investment platform, Hargreaves Lansdown, has reversed course following the FCA’s decision to lift its retail ban on crypto ETPs in October.
BlackRock (BLK), the world’s largest asset manager, is building on its recent expansion of tokenized cash offerings in the U.S. by tapping into a combined $311 billion of assets under management in European money market funds in a sign of the growing appeal of holding… Read More
Donald Trump’s executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.
Vanguard’s global head of quantitative equity, John Ameriks, said bitcoin BTC$89,237.53 still resembles a speculative collectible more than an asset meant to build long-term wealth, comparing it to a “digital Labubu,” the plush toy that has become a popular collectible. Ameriks’ words came during Bloomberg’s… Read More
