Analysis: Cryptocurrencies

US SEC commissioner says regulator willing to work with those who want to tokenise

SINGAPORE -A top U.S. securities regulator known for her supportive stance on the cryptocurrency industry said on Tuesday that the Securities and Exchange Commission is open to working with industry...

Kraken in talks to raise funds at $20 billion valuation, Bloomberg News reports

Crypto exchange Kraken is in advanced talks to secure fresh funding that could value the company at about $20 billion, Bloomberg News reported on Friday. The funding would include a...

SoftBank, Ark in talks to join Tether major funding round, Bloomberg News reports

SoftBank Group and Ark Investment Management are among potential investors in a funding round for stablecoin issuer Tether, Bloomberg News reported on Friday. The two investors are...

A wave of crypto ETFs is about to flood Wall Street

In Washington, the SEC has lifted a barrier: the approval of crypto ETFs will no longer be subject to endless procedures. Now, Solana, XRP, Dogecoin, and others are seeing a fast track to traditional...

Tether names ex-Google, Limestone executive as chief business officer

Crypto giant Tether has appointed Benjamin Habbel as its chief business officer, the company said on Wednesday, as it looks to broaden its investments beyond digital assets. Habbel, who...

Leverage flushed, bulls cornered: is Bitcoin's $111K line about to break?

Bitcoin slid below $112K, triggering $1.6B in liquidations. With short-term holders capitulating, the $111.4K realized price is now the key battleground.

Indian court dismisses X's petition about content removal mechanism

BENGALURU -An Indian court rejected a legal challenge by Elon Musk-owned social media company X against the country's new content moderation mechanism, ruling on Wednesday that the petition lacked...

Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports

Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday. ...

Crypto firm Tether eyes $500 billion valuation in major raise round, Bloomberg News reports

Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday. ...

UK and US to smooth capital markets access and crypto cooperation

LONDON -The governments of Britain and the United States will set up a body to reduce red tape for firms seeking to access capital markets on both sides of the Atlantic and improve cooperation on...

The Fed Delivers; Crypto Markets Gear Up for a Busy Autumn

Bitcoin climbs following the Fed’s rate cut, with global liquidity rising and stablecoin inflows signaling renewed risk appetite.

Working in stablecoins pays off big time

After money comes talent: the new battle for stablecoins is also being fought in recruitment offices. We discuss this in Cryptio review, after this week's essential news.

UK regulator proposes exempting crypto firms from 'integrity' and other rules

LONDON -Crypto firms in Britain could be exempted from rules that ensure financial services companies act with integrity and in the interests of customers, under new proposals outlined by the...

US senators demand Meta's internal data on kids' safety

A bipartisan group of U.S. senators demanded Meta Platforms hand over internal assessments of how its products affect children and the effectiveness of its parental controls, according to a letter...

Microsoft seizes 340 websites linked to growing phishing subscription service

Microsoft Inc said on Tuesday that it seized nearly 340 websites tied to a rapidly growing Nigerian-based service that allowed users to carry out phishing operations that stole at least 5,000...

Malta's financial regulator opposes push to centralise EU crypto supervision

PARIS -Malta's financial watchdog is opposed to a push by other countries to give the European Union's securities regulator more powers to supervise crypto companies, a spokesperson said on Tuesday. ...

Exclusive-France threatens to block crypto licence 'passporting' in EU regulatory fight

France has warned it may try to block some crypto firms licenced in other EU countries from operating domestically as part of a push to get oversight transferred to the bloc's central securities...

Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions

Old-fashioned barter is on the rise in Russia's foreign trade for the first time since the 1990s, as companies seeking to outfox Western sanctions swap wheat for Chinese cars and flax seeds for...

China urges US to address TikTok issue through dialogue

BEIJING -China will review issues around TikTok in accordance with laws and regulations and urges the U.S. to resolve concerns through dialogue based on mutual respect and equal consultation, a...