Explore the intersection of business, finance, blockchain, and crypto innovation driving the global economy.
Crypto firms offering financial products must obtain an AFSL by 30 June. Bitcoin and NFTs are said to be excluded from the financial product category. The Treasury has finished consultations on new crypto legislation. Australia […]
Despite a decline in stock price and a slowdown in Bitcoin purchases, Strategy, the world’s largest corporate Bitcoin holder, may have a 70% chance of being added to the S&P 500 index before the end […]
Key Takeaways Tesla is preparing for possible leadership change if Musk’s $1 trillion pay package is rejected. The board sees the vote as crucial for maintaining Musk’s influence over Tesla’s AI and innovation roadmap. Share […]
Global payments giant Visa is set to roll out support for four stablecoins across four “unique blockchains,” as the firm pushes to ramp up its crypto services. Visa CEO Ryan McInerney told investors on the […]
The Bank of Korea’s (BOK) push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT Foundation. In a report released on […]
Financial services company Western Union has said its forthcoming stablecoin settlement system will use the Solana blockchain. Announced during the company’s third-quarter earnings call last week, the stablecoin system will consist of the US Dollar […]
Asset manager Bitwise says its Solana staking exchange-traded fund has tallied $55.4 million in trading volume on its debut trading day on Tuesday, alongside the launch of two other altcoin ETFs from Canary Capital. The […]
The Norwegian Tax Administration said that more people declared cryptocurrency holdings in 2024 compared to the previous year, following efforts to increase reporting. In a Tuesday notice, Norway’s tax authority said more than 73,000 people […]
Prediction platform Polymarket is reportedly eyeing launching trading services in the United States in a matter of weeks. According to a Tuesday Bloomberg report citing people familiar with the matter, Polymarket plans to initially launch […]
BlackRock-backed real-world assets (RWA) tokenization company Securitize is going public through a merger with a special-purpose acquisition company (SPAC) at a $1.25 billion pre-money valuation. According to a Tuesday announcement, Securitize is merging with Cantor […]
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