Category: Latest news

[ad_1] Leaders of the UK Treasury laid a set of rules called Digital Securities Sandbox (DSS) regulations before parliament on Dec. 18. A related memo explains that these regulations aim to create a controlled environment. This allows companies and regulators to test new technology in financial markets, overcoming existing regulatory obstacles and potentially fostering innovation…

[ad_1] The U.S. Securities and Exchange Commission (SEC) has initiated additional proceedings regarding three proposed crypto exchange-traded funds (ETFs), effectively delaying their approval, as announced in notices published on Dec. 18. These proceedings concern NYSE Arca’s proposed rule change for Grayscale’s Ethereum Futures Trust ETF and Nasdaq’s proposal for Hashdex’s spot Ethereum ETF. Initially, on…

[ad_1] Revolut has declared a temporary halt to its cryptocurrency trading services for its business clients in the U.K. This move is in response to projected regulatory modifications, as reported by City A.M. on Dec. 18. The Financial Conduct Authority (FCA) has rolled out a series of new rules for the crypto industry in October,…

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[ad_1] Coinbase, the largest US-based exchange, COIN stock rose by a meager 0.43% at the beginning of the market to $153, representing a reversal of its 1.61% pre-market decline. COIN is one of the best-performing crypto stocks this year, with a year-to-date (YTD) gain that has eclipsed 300%. Similarly, shares of publicly traded Bitcoin mining…

[ad_1] Quick Take Over the past weekend, Bitcoin transaction fees recorded a new milestone. Measured in United States Dollars (USD), Bitcoin experienced the largest single-day spike in fees, reaching approximately $24 million on Dec. 17. This peak surpassed the previous highs of $18 million in May 2023 and $21 million in 2017. Over the past…

[ad_1] On Dec. 18, the Zilliqa core team announced a critical technical issue affecting block production in their network. The team announced the development on social media and said that it is investigating the issue as a top priority. It added that the technical team is already working on identifying and resolving the problem. Network…

[ad_1] Introduced as a means to embed data within Bitcoin transactions, inscriptions—data or information embedded in a transaction that extends beyond the basic financial transaction details—extend the blockchain’s utility beyond financial exchanges. As of Dec. 18, the Bitcoin blockchain has witnessed the addition of approximately 47.36 million inscriptions, marking a notable development in its use.…

[ad_1] Crypto leaders have collectively raised $78 million for super PACs, focusing on increasing the presence of crypto-friendly lawmakers in Washington, Axios reports. Further, according to a statement from Fairshake, the following entities have shown support for Fairshake: Andreessen Horowitz, Ark, Brian Armstrong, Blockchain Capital, Wences Casares, Circle, Coinbase, Ron Conway, Cumberland, Framework Ventures, Hunter…

[ad_1] In a turnaround from last year’s downturn, real-world assets (RWAs) such as private credit leveraging blockchain technology have witnessed a significant rebound. On-chain Private Credit. According to rwa.xyz, there has been a 127% surge in active private loans via digital ledgers since the beginning of 2023, currently at around $581 million. This recovery, though…