Regulators reportedly accepted BitGo Korea’s registration on Tuesday, two days before stricter VASP entry requirements took effect. BitGo Korea has secured a virtual asset service provider (VASP) registration in South Korea, providing a regulatory foundation to offer digital asset custody services to institutions.  On Thursday, BitGo announced that the Korea Financial Intelligence Unit accepted its...Continue Reading

HYPE reached $72 after Trump said the CFTC was pursuing compliant US access for Hyperliquid, though no formal regulatory plan has been released. Hyperliquid’s native token surged more than 20% over 24 hours after United States President Donald Trump said regulators were working on a compliant pathway to make the decentralized trading platform available to...Continue Reading

Gallego said the White House has not provided point-by-point feedback on a bipartisan ethics proposal as a September vote approaches. Democratic Senator Ruben Gallego warned that rushing the CLARITY Act to a Senate vote before lawmakers resolve disputes over ethics and stablecoin yield could set United States crypto market structure legislation back. Speaking at the...Continue Reading

The integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels. Bitcoin.com is integrating USDU, a US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial web and mobile wallet. USDU is issued by Abu Dhabi-based Universal Digital and is the...Continue Reading

Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.” US President Donald Trump continued to push for passage of a crypto market structure bill as the Senate remains in recess. In a Wednesday press conference with crypto company...Continue Reading

A Fairshake spokesperson said that the PAC was “just getting started“ on its expenditures as part of efforts to fill US Congress with lawmakers friendly to the crypto industry. Four of the five candidates supported by ads funded by the cryptocurrency-aligned political action committee (PAC) Fairshake won their primaries or otherwise advanced on Tuesday, potentially...Continue Reading

The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies. FalconX and Ethena have launched a $1 billion secured lending facility that will use assets backing USDe to fund overcollateralized loans to institutional borrowers. The facility is structured through a special purpose vehicle,...Continue Reading

The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January 2027 effective date. US Comptroller of the Currency Jonathan Gould said that his agency would have final rules related to the implementation of a payment stablecoin law out by November. ...Continue Reading

The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 cross-border payments. Standard Chartered and HSBC have completed the first live cross-border transaction on Swift’s blockchain-based ledger, demonstrating interoperability between the banks’ tokenized deposit systems a month after the ledger’s launch. The transaction involved payment messages exchanged...Continue Reading

Injective’s affiliated entity can now maintain securities ownership records, adding regulated market infrastructure to its growing push into tokenized assets. Injective Institutional Services, an entity affiliated with the Injective blockchain ecosystem, said its registration with the US Securities and Exchange Commission (SEC) as a transfer agent is now effective, adding a regulated securities recordkeeping function...Continue Reading