The New York Stock Exchange (NYSE) has just become the sixth home for Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue — a massive contrast to just a few years ago, when crypto was seen as taboo on Wall Street. The NYSE is considered a center of traditional financial institutions, and the inclusion of a Nakamoto statue … Read more
Australia’s securities regulator has finalized exemptions that will make it easier for businesses to distribute stablecoins and wrapped tokens. The Australian Securities and Investments Commission (ASIC) on Tuesday announced the new measures, aimed at fostering innovation and growth in the digital assets and payment sectors. It stated that it was “granting class relief” for intermediaries … Read more
Crypto venture capital firm Andreessen Horowitz (a16z) is opening its first Asia-based office in South Korea with plans to expand its portfolio in the region. The firm stated that there was a “particularly strong concentration” of onchain users in Asia, and the expansion aims to support portfolio companies with growth, partnerships, and community building across … Read more
Stock market index MSCI’s proposed exclusion of companies holding more than 50% of their crypto on their balance sheets would be akin to pushing out multinational energy companies like Chevron for holding oil, argues Strategy CEO Phong Le. The MSCI Index announced in October that it was consulting with the investment community about whether to … Read more
The US Commodity Futures Trading Commission has added a host of blockchain industry executives alongside counterparts from traditional finance as part of the agency’s new CEO Innovation Council. According to an announcement on Wednesday, the CEO Innovation Council will discuss market structure developments relating to the derivatives markets overseen by the CFTC. The discussion topics … Read more
Payments giant Stripe has acquired the team from crypto wallet firm Valora, just a day after launching its testnet for its stablecoin-focused blockchain project Tempo. According to Valora CEO Jackie Bona, the acquisition will see the Valora team join Stripe and work on the firm’s blockchain initiatives. Valora was founded in mid-2021 after spinning out … Read more
Crypto exchange Gemini, founded by billionaire twins Tyler and Cameron Winklevoss, has scored a license from the Commodity Futures Trading Commission to offer prediction markets in the US. Gemini said on Wednesday that its affiliate, Gemini Titan, received a designated contract market license from the CFTC and “plans to enter into the prediction markets space.” … Read more
Two Bitcoin wallets linked by analysts to Silk Road–era activity last moved 3,421 BTC in May this year. Now, follow-on activity on Dec. 10 added a fresh pulse to a year of dormant-supply awakenings. According to the Digital Watch Observatory, the May spends totaled about 3,421 BTC, roughly $322.5 million at the time. The sequence … Read more
The nine largest US banks restricted financial services to politically contentious industries, including cryptocurrency, between 2020 and 2023, according to the preliminary findings of the Office of the Comptroller of the Currency (OCC). The banking regulator said on Wednesday that its early findings show that major banks “made inappropriate distinctions among customers in the provision … Read more
More than half of wealthy Asian investors in a recent survey say they plan to increase their portfolio exposure to cryptocurrency over the next few years. Sygnum’s APAC HNWI Report 2025 found that 6 in 10 of the surveyed Asian high-net-worth individuals (HNWIs) are prepared to increase their crypto allocations based on a strong two- … Read more