Nomura, Laser Digital, and GMO Internet Partner to Launch Japanese Stablecoins
With no wholesale central bank digital currency (CBDC) available, stablecoins are essential in enabling on-chain financial transactions.
US House Passes Crypto Bill Amid SEC Warnings of Financial Risks
Under the new bill, investment contracts recorded on a blockchain would no longer be classified as securities, which Gensler warns would strip investors of protections under securities laws.
Galaxy's Novogratz Predicts Bitcoin to Trade Within $55,000 to $75,000
Galaxy Digital reported a significant jump in first-quarter net income, reflecting the sharp rally in digital assets earlier this year.
OKX Expands Into The Australian Market
Leading exchange enters Australian market with comprehensive trading services and banking integration.
FTX Announces Compensation Plan, Promising Billions More to Creditors
FTX estimated the total cash available for distribution to range between $14.5 billion and $16.3 billion, pending finalization and approval by the bankruptcy court.
Botanix Labs Raises $11.5 Million To Develop Bitcoin-Native Layer 2 Solution, Spiderchain
Botanix Labs has been dedicated to its mission since early 2022, focusing on building technologies like Spiderchain to safeguard a decentralized, Bitcoin-native financial system.
Federal Prosecutors Investigate Compliance Lapses at Block
Block denies the allegations and asserts that it has a robust compliance program in place, including systems for sanctions screening and investigating and reporting on sanctions issues.