SOL Strategies, a Canadian company focused on the Solana blockchain, has been approved to list its common shares on the Nasdaq Global Select Market. The company’s shares are scheduled to begin trading on September 9, 2025, under the ticker symbol STKE. This listing elevates the company from its previous U.S. OTC listing and signifies a … Read more
Itaú Asset, Brazil’s largest private asset manager, has created a new, dedicated crypto division. The new unit will focus on developing and managing various digital asset products, including mutual funds, ETFs, custody services, and staking strategies. This move expands on Itaú’s existing crypto services, which already include a Bitcoin ETF and direct trading for select … Read more
Webus International has secured a major partnership with Air China to explore integrating XRP as a payment option for flights and loyalty rewards. The collaboration will give Webus direct access to Air China’s extensive PhoenixMiles loyalty program, which boasts over 60 million members. The partnership aims to leverage XRP’s speed and low transaction costs to … Read more
The U.S. Senate Banking Committee, led by Senators Tim Scott and Cynthia Lummis, has introduced a revised bill aimed at providing a clear regulatory framework for the digital asset market. According to reports from Eleanor Terrett, this new draft incorporates feedback from various stakeholders and lobbying groups to enhance legal protections for developers and promote … Read more
DeFi Development Corp (DFDV), a publicly traded company with a treasury strategy centered on Solana, has doubled its holdings to just over 2.02 million SOL, which is now valued at approximately $412 million. The company acquired the new tokens at an average price of $202.76 and plans to stake the entire amount to earn yield. … Read more
South Korea’s Financial Services Commission (FSC) has published a new set of guidelines for crypto lending services on centralized exchanges. The rules are designed to enhance user protection by setting clear standards for the industry. The new regulations include several key provisions: Leverage is restricted: The guidelines prohibit lending services that allow a user to … Read more
The Russian Finance Ministry is looking to make cryptocurrency trading more accessible for average citizens by reducing the strict income and wealth requirements that currently limit who can participate. The proposal, announced by Financial Policy Director Alexey Yakovlev, seeks to lower the high financial bar for being an “especially qualified” investor. Currently, individuals need to … Read more
On September 5th, the U.S. Securities and Exchange Commission (SEC) announced proposed rule changes aimed at creating a “safe harbor” for cryptocurrency companies. This initiative, led by SEC Chair Paul Atkins, seeks to ease the regulatory burdens that crypto businesses currently face. The proposed framework specifically targets broker-dealer rules, offering more operational flexibility and reducing … Read more
Ripple has officially expanded its institutional-grade stablecoin, RLUSD, into Africa through new collaborations with prominent fintech and crypto platforms. The company has partnered with Chipper Cash, a major fintech company, as well as the crypto exchange VALR and payment provider Yellow Card, to increase access to RLUSD. This strategic move is particularly significant for the … Read more
On September 4, 2017, the Chinese government, led by the People’s Bank of China and six other agencies, issued a comprehensive ban on initial coin offerings (ICOs) and required all domestic cryptocurrency exchanges to stop operations. This directive was a response to what the government considered “unauthorized and illegal public financing activity.” The government’s notice … Read more