Gold 24K AED 524.47/gUSD/AED 3.6725USDT/AED 3.6717AED/INR 25.74All live rates →

South Korea Faces Backlash Over Proposed Ownership Caps for Crypto Exchanges

South Korea faces backlash over proposed ownership caps for crypto exchanges — Cryptonite thumbnail

South Korea’s Financial Services Commission (FSC) has sparked significant industry pushback after proposing a cap on the stakes held by major shareholders in cryptocurrency exchanges. The move has drawn sharp criticism from the Digital Asset Exchange Alliance (DAXA), which represents the nation’s five largest trading platforms. A Threat to Ownership and Innovation The proposed regulations … Read more

a16z Crypto Backs Babylon with $15M to Unlock Idle Bitcoin for DeFi

a16z Crypto backs Babylon with $15M to unlock idle Bitcoin for DeFi — Cryptonite thumbnail

Venture capital firm a16z crypto has invested $15 million into the Layer 2 protocol Babylon, specifically to support the development of “Babylon Trustless Bitcoin Vaults” (BTCVaults). This latest injection brings Babylon’s total funding to $103 million, following previous rounds led by Paradigm. Unlocking a $1.4 Trillion Market The core mission of the project is to … Read more

Florida Proposes Dedicated Bitcoin Reserve for 2026 Session

Florida proposes dedicated Bitcoin reserve for 2026 session — Cryptonite thumbnail

Florida is moving to join the growing list of U.S. states integrating cryptocurrency into their official treasuries. State Senator Joe Gruters has introduced Senate Bill 1038, which aims to establish a Florida Strategic Cryptocurrency Reserve managed by the state’s Chief Financial Officer (CFO). Unlike previous attempts to allow crypto investments within existing public funds, this … Read more

Democrats Launch “BlueVault” to Capture Crypto Donations

Democrats launch BlueVault to capture crypto donations — Cryptonite thumbnail

Following the 2024 election cycle, the U.S. Democratic Party has introduced BlueVault, a dedicated cryptocurrency fundraising platform designed to reconnect with tech-forward voters and donors. By accepting Bitcoin (BTC) and USDC, the party aims to modernize its financial outreach and remain competitive in an increasingly digital political landscape. Key Strategic Shifts Closing the Gap: While … Read more

Grayscale Refreshes “Assets Under Consideration” List for Q1 2026

Grayscale refreshes assets under consideration list for Q1 2026 — Cryptonite thumbnail

Asset management giant Grayscale has released its updated “Assets Under Consideration” list for the first quarter of 2026, signaling which altcoins the firm is actively evaluating for future investment products. These updates typically occur roughly 15 days after a quarter ends to reflect the evolving crypto landscape. Key Additions and Strategic Shifts The Q1 2026 … Read more

Thailand Intensifies Financial Oversight: A Unified Crackdown on “Grey Money” in Gold and Crypto

Thailand intensifies financial oversight: crackdown on grey money in gold and crypto — Cryptonite thumbnail

The Thai government has launched a comprehensive initiative to combat “grey money”—illicit funds derived from criminal syndicates and tax evasion that are disguised through legitimate financial channels. Prime Minister Anutin Charnvirakul, following a high-level meeting at the Finance Ministry, has directed regulators to bridge the gaps between traditional physical assets and modern digital platforms to … Read more

Bipartisan Senate Bill Targets Stablecoin Yields and Market Regulation

Bipartisan Senate bill targets stablecoin yields and market regulation — Cryptonite thumbnail

A comprehensive 278-page bipartisan bill has been introduced in the U.S. Senate, aimed at reshaping the cryptocurrency market structure. The legislation is the result of collaborative negotiations between Republican and Democratic lawmakers alongside key industry stakeholders. Key Provisions and Objectives Yield Restrictions: The bill proposes specific limits on stablecoin yield payments, a move that could … Read more

On-Chain Illicit Activity Surges 162%: Sanctions Evasion and State-Led Crime Drive $154 Billion Peak

On-chain illicit activity surges 162% to a $154 billion peak — Cryptonite thumbnail

A new report from Chainalysis reveals that illicit cryptocurrency transactions reached an unprecedented $154 billion in 2025, marking a 162% increase from the previous year. This surge is primarily driven by sanctioned nations—specifically Russia, Iran, and North Korea—leveraging digital assets to bypass global financial restrictions and fund state-sponsored operations. Major Drivers of the Illicit Economy … Read more

NFT Paris 2026 Abruptly Canceled as Market Slump Deepens

NFT Paris 2026 abruptly canceled as market slump deepens — Cryptonite thumbnail

NFT Paris, a cornerstone event for the global Web3 community, has been canceled just one month before its scheduled start date. Organizers announced on X (formerly Twitter) that the conference—originally set for February 5–6 at the Grande Halle de la Villette—will no longer take place. The decision comes as a major blow to the industry. … Read more

BNY Mellon Pioneers Institutional Fund Transfers via Tokenized Deposits

BNY Mellon expands digital asset custody as Wall Street goes on-chain — Cryptonite thumbnail

Bank of New York Mellon (BNY) has officially launched a new tokenized deposit service on its Digital Assets platform. By leveraging private blockchain technology, the institution aims to modernize how cash moves within the financial system, providing a bridge between traditional banking and the digital era. Key highlights of this initiative include: Enhanced Efficiency: The … Read more

About  ·  Contact  ·  Privacy Policy  ·  Editorial Policy  ·  Advertise  ·  Newsletter
Follow: X  ·  LinkedIn  ·  Instagram  ·  Binance Square  ·  CoinMarketCap  ·  Gate