Leveraged Bitcoin Acquisition Vehicles Challenge Bitcoin’s Reserve Future
TL;DR Leveraged Strategies on the Rise: Companies are shifting from modest hedges to aggressive accumulation, using bonds, equity, and other tools to boost their Bitcoin...
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Bank of Korea Governor Poised to Embrace Won-Backed Stablecoin Innovation
TL;DR Stablecoin Spotlight: Governor Rhee is set to explore launching won-backed stablecoins at a high-profile bankers’ dinner amid new digital asset legislation and rising political...
CloudTech Raises $14M in Crypto for Digital Custody Solution
TL;DR Based in Melbourne and founded in 2021, CloudTech completed one of Australia’s largest crypto-denominated funding rounds to date. Of the $14 million raised, only...
FARTCOIN Jumps 11% in 24 Hours: Here’s Why
TL;DR FARTCOIN rose 11% after being added to Coinbase’s roadmap and futures offerings, with trading volume increasing 36% to $264 million. The token’s market capitalization...
Siebert Financial Gets Green Light to Raise $100 Million and Accelerate Its Growth
TL;DR Siebert Financial Corp. received SEC approval to activate a $100 million shelf registration, enabling quick capital raising without an immediate fund issuance. The funds...
Australia Shuts Down a Money Laundering Network That Cleaned Over $123 Million
TL;DR Australia dismantled a network that laundered $123 million in cryptocurrency through a private security company. The investigation found that the company mixed legal earnings...
Worldcoin Lands in London with Expansion Plan
TL;DR Worldcoin is launching operations in London this June 12, with expansion plans for key UK cities like Manchester, Glasgow, and Birmingham. The project, led...
Crypto Regulations Split Congress Over the Clarity Act and Trump’s Business Dealings
TL;DR The House debated the Clarity Act as Democrats denounced potential conflicts of interest involving Donald Trump’s crypto business dealings. Republicans defended the bill as...
The FCA Prepares to Authorize Cryptocurrency cETNs for Retail Investors in the UK
TL;DR The FCA plans to authorize UK retail investors to trade crypto cETNs on regulated exchanges, lifting a restriction in place since 2021. The move...
Trump Crypto Chaos: Cease-and-Desist Shakes Up Unauthorized Wallet Plans
TL;DR WLFI, a platform backed by the Trump family, halted an unauthorized Trump-branded crypto wallet project by issuing a cease-and-desist letter. Prominent family members, including...