The largest and dominant asset, Bitcoin (BTC), is entering a critical phase after slipping below the $85,000 mark and losing roughly 2% over the past 24 hours. The token is currently trading at around $84,035, with its daily trading volume settled at $32.867 billion. In the past 24 hours, Bitcoin
Hyperliquid Labs has confirmed that it is based in Singapore. Corporate documents reviewed by the FT list Singapore as its registered headquarters. Job postings cite the city-state as its office location. By every paper measure, this is a Singapore company. The Monetary Authority of Singapore disagrees, and that disagreement is
OKX has launched OKX Money, a standalone app that lets users save, send, and spend dollar-backed stablecoins. Significantly, it includes USDG, USDC, and USDT. The app supports over 50 funding currencies and virtual and physical cards for everyday payments. Besides, this offers up to 10% APY on eligible USDG balances
The U.S. Treasury’s Financial Crimes Enforcement Network has withdrawn a 2020 proposed rule that would have imposed significant reporting and recordkeeping requirements on transactions involving unhosted crypto wallets. FinCEN confirmed it will take no further action on the proposal. It effectively ended a rule that had been hanging over the
Starting November 1, 2026, Binance users in Brazil will need to provide the purpose of their transfer and confirm counterparty details before any cross-border crypto transaction can be processed. The change comes as Binance adapts to Resolution BCB No. 521/2025, Brazil’s Central Bank framework. It brings international virtual asset transfers
OKXICE LLC, a joint venture between crypto exchange OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, filed with the SEC under the agency’s new Innovation Exemption to launch a Tokenised Securities Venue in the United States. The filing makes OKXICE one of the first firms
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever 3x leveraged Bitcoin and Ethereum ETFs for listing and trading in the United States, a decision that marks one of the most significant shifts in crypto regulatory history since the spot Bitcoin ETF approval in January 2024. The approval
Binance is facing regulatory scrutiny across Europe over its use of MiCA’s reverse solicitation exemption, a legal provision that allows non-EU companies to serve European clients, but only when those clients independently seek out the relationship without any solicitation or marketing from the firm. The European Securities and Markets Authority,
MetaMask is responding to a security incident affecting part of its infrastructure, and while the wallet provider has been clear that no immediate threat to user wallets has been identified, the precautionary steps it’s taking are significant enough to pay attention to. As a direct response to the incident, MetaMask
HSBC has officially named its forthcoming Hong Kong stablecoin HSBC RedCoin. It is one of the most significant moves by a traditional bank into the digital asset space in Asia. The name reflects the bank’s Hong Kong heritage. The launch strategy is deliberately phased. It starts with person-to-person and person-to-merchant
