Crypto.com has secured a MiFID license to offer regulated crypto derivatives in the European Economic Area, expanding its presence in Europe following earlier MiCA approval. Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured...Continue Reading

Bitcoin Suisse received in-principle approval from the Abu Dhabi Global Market, marking its first expansion outside the European Union. Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union. The...Continue Reading

South Korea’s financial regulator has finalized new crypto guidelines as the country moves to open its digital asset market to institutions. South Korea is tightening rules around digital asset transactions as it prepares to allow institutional players into its crypto market, introducing new guidelines for nonprofit crypto sales and stricter listing standards for exchanges. On...Continue Reading

Lawyer Oscar Franklin Tan told Cointelegraph that Hester Peirce’s comments were widely misunderstood, as royalties were never considered a security. United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws. In a recent...Continue Reading

Theta Capital Management has raised $175 million for a fund-of-funds targeting early-stage blockchain startups through top-tier crypto VC firms. Amsterdam-based Theta Capital Management raised over $175 million for its latest fund-of-funds, aimed at supporting early-stage blockchain startups through specialized venture capital (VC) firms. The new vehicle, Theta Blockchain Ventures IV, will channel capital into crypto-native...Continue Reading

Crypto transfers fail due to wrong addresses, network mismatches or low fees; verify address, network and balance before sending. Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses. What’s often marketed as a seamless, borderless system can become frustrating when transfers fail, with no customer service hotline to...Continue Reading

Bloomberg ETF analyst James Seyffart thinks the SEC is more likely to first approve a Litecoin ETF amid the raft of crypto funding filings the agency is currently considering. The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF...Continue Reading

KindlyMD shares jumped 5% after shareholders greenlit a merger with Nakamoto Holdings, founded by Donald Trump crypto adviser David Bailey. Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey. KindlyMD and Nakamoto Holdings, a newly...Continue Reading

Blackstone reported holding just over $1 million worth of shares in BlackRock’s spot Bitcoin ETF as of March 31, its first ever crypto-related purchase. Blackstone, which bills itself as the “the world’s largest alternative asset manager,” disclosed its first-ever crypto-related purchase, buying shares in BlackRock’s spot Bitcoin exchange-traded fund. However, Blackstone’s investment, reported in a...Continue Reading

Viral internet personality Haliey Welch says the FBI and SEC went through her phone after the disastrous launch of her memecoin, before ultimately clearing her of wrongdoing. Haliey Welch, better known as the “Hawk tuah girl,” says the Federal Bureau of Investigation briefly probed her after her “memecoin disaster” — the failed launch of a...Continue Reading