In order to address growing concerns about money laundering and terrorist financing related to cryptocurrencies, the Peruvian Presidency has issued a new decree. The decree mandates that all cryptocurrency exchanges operating within the country must comply with anti-money laundering (AML)…
Key Street Shops Judge Failla has granted Coinbase an interlocutory appeal, allowing it to challenge the SEC’s claims at the Second Circuit Court of Appeals. The appeal raises significant questions about the application of securities law to digital assets, particularly…
Important takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100 and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing in Bitcoin. ProShares, a prominent asset manager overseeing…
Key conclusions Backpack Exchange acquired FTX EU for $32.7 million with regulatory approval from Cyprus and the FTX bankruptcy court. Launching in the first quarter of 2025, Backpack aims to become Europe’s only regulated provider of perpetual futures, leveraging its…
The Swiss Federal Chancellery, the key personnel organization for the Swiss government, has green lighted the “Bitcoin Initiative”, a new proposal to adopt Bitcoin as part of the Swiss National Bank’s (SNB) reserve assets, alongside traditional gold holdings. The proposal…
The USD index is at multi-year highs as 2025 begins. In fact – the USD index has not been above 109 since the millennium. The USD rally really started after Trump won the election – but he was vocal about…
Key Street Shops Rostin Behnam will step down as CFTC chairman on January 20 after a tenure marked by high-profile enforcement actions in crypto and calls for stronger oversight. Behnam emphasizes the importance of disciplined regulation of digital assets and…
Important takeaways Grayscale Research has added Hyperliquid, Athena, Virtual Protocol, Jupiter, Jito and Grass to its top 20 crypto assets for Q1 2025. The company’s listing reflects a focus on decentralized AI technology and Solana’s ecosystem growth. As 2024 draws…
MARA Holdings, the second largest corporate bitcoin holder, lent 7377 BTC, equal to 16.4% of its bitcoin reserves to third parties to generate additional income, according to the company’s December 2024 production update. MARA’s BTC lending program is a way…
Important takeaways Robinhood plans to distribute crypto rewards to qualified users who access their countdown screen at a certain time. Rewards must be held in users’ Robinhood accounts for one year, with the option to involve Bitcoin or other digital…
