Vaibhavv Ali
The United Arab Emirates (UAE) has enacted a comprehensive new Central Bank Law (Federal Decree Law No. 6 of 2025) that brings all digital assets and Decentralized Finance (DeFi) activities under the framework of banking regulation. Key takeaways from the new law: Expanded Oversight: The law grants the UAE Central Bank (CBUAE) the authority to … Read more
Chainlink (LINK) has seen short-term positive momentum, gaining 2.74% in the last 24 hours and 15.25% over the past week. This uptick was fueled by optimistic news, including: Franklin Templeton considering adding major altcoins like Chainlink to its crypto index ETF. The DTCC moving the Bitwise Chainlink spot ETF into the pre-launch category, boosting long-term … Read more
Stablecoin provider Tether has ceased its large-scale Bitcoin mining operations in Uruguay, initially projected as a $500 million investment, due to high energy costs and the absence of a competitive tariff framework. Tether laid off 30 of its 38 staff in Uruguay. The company confirmed the termination following a meeting with the Ministry of Labor … Read more
Upbit, South Korea’s largest cryptocurrency exchange, suffered a hack in the early hours of Thursday (local time), resulting in the theft of approximately 54 billion Korean won ($36.8 million). Key Details: The Incident: Around 4:42 a.m. KST, an abnormal withdrawal occurred on the Solana network, moving a significant amount of tokens to an unidentified external … Read more
South Korea’s second-largest crypto exchange, Bithumb, has abruptly shut down its USDT market and ended an order-book-sharing agreement with Australia’s Stellar Exchange after only two months. The closure, which took effect at 11:00 AM on Friday and impacted 10 cryptocurrencies, appears to be a direct result of an extended regulatory investigation. Key Points: Regulatory Investigation: … Read more
Australia has launched its first full regulatory framework for digital asset platforms on November 27, 2025. This new regulation is designed to significantly enhance asset protection and carries the threat of substantial fines for non-compliance. Key aspects of the bill include: Productivity Boost: The framework is expected to drive $24 billion in annual productivity gains. … Read more
Franklin Templeton is now leading the competition to launch a Solana-backed Exchange-Traded Fund (ETF) in the United States. Key Developments Final SEC Approval: Franklin Templeton has completed the final step with the SEC for its Solana ETF, meaning trading under the ticker SOEZ could commence imminently. The submission of Form 8-A is considered the “green … Read more
Investor confidence in digital assets appears to be strengthening, with spot Bitcoin and Ethereum ETFs attracting significant capital on November 25th. Key Highlights: Bitcoin ETF Inflows: Spot Bitcoin ETFs saw $129 million in net inflows, pushing the total cumulative inflows to $57.61 billion. Leading Issuers: Fidelity’s Wise Origin Bitcoin Fund dominated with $170.80 million, followed … Read more
JPMorgan has introduced a new structured note linked to the performance of BlackRock’s spot Bitcoin ETF (IBIT), signaling increasing institutional acceptance of cryptocurrency. This unique investment product is designed to align returns with the Bitcoin halving cycle, offering tiered returns to investors: Potential 16% return if IBIT reaches a specific target price by 2026. Extended … Read more
BlackRock’s spot Bitcoin ETF, IBIT, has experienced a notable shift, recording net outflows this week, suggesting sustained profit-taking by large investors even as Bitcoin (BTC) attempts a short-term price recovery. Key Flow Details: IBIT Outflows: IBIT saw a net outflow of over $66 million across November 24th (shedding $149.1 million) and November 25th (gaining a … Read more