Crypto asset manager 21Shares has launched the first U.S. spot exchange-traded fund (ETF) tracking Polkadot, giving American investors regulated exposure to the blockchain’s …
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Market Watch
Investor Withdrawals Shake Private Credit as BlackRock Limits Redemptions and Blackstone Sees Fund Outflows
Two of Wall Street’s largest asset managers — BlackRock and Blackstone — are facing growing investor withdrawals from their flagship private credit funds, raising concerns …
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Florida lawmakers have approved the state’s first comprehensive stablecoin regulation bill, sending the legislation to Governor Ron DeSantis for final approval. The measure …
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U.S. Regulation
Senator Murphy Alleges White House Insiders Profited From Iran Strike Bets, Pushes to Ban Prediction Markets on Government Actions
U.S. Senator Chris Murphy (D-Conn.) is calling for legislation to ban prediction markets that allow traders to bet on government actions, after alleging …
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U.S. Regulation
IRS Proposes Electronic-Only Delivery For Crypto Tax Forms Under New Reporting Rules
The U.S. Internal Revenue Service (IRS) has proposed a new rule that would allow cryptocurrency brokers to deliver crypto tax forms exclusively through …
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Market Watch
Crypto-Friendly Fintech Revolut Files For U.S. Banking License to Expand Crypto and Payments Services
Global fintech powerhouse Revolut has filed an application for a U.S. banking license, a move that would allow the company to operate more …
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A man accused of stealing tens of millions of dollars in cryptocurrency from U.S. government wallets has been arrested on the …
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Market Watch
NYSE Parent ICE Invests in Crypto Exchange OKX at $25B Valuation Amid Tokenized Stocks Push
Intercontinental Exchange (ICE) — the parent company of the New York Stock Exchange — has taken a strategic stake in major crypto trading …
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Metaverse and A.I.
AI Models Favor Bitcoin as a Store of Value, Stablecoins for Payments, BPI Study Finds
A new study from the Bitcoin Policy Institute (BPI) found that leading artificial intelligence models overwhelmingly favor Bitcoin as a long-term store of …
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Market Watch
Bitcoin Taps $74,000 as Crypto Rally Lifts Dogecoin, Zcash, Coinbase and Other Digital Assets
Bitcoin surged to roughly $74,000, reaching its highest level in about a month and sparking a broad rally across the …
