Japan is preparing a major regulatory overhaul to curb crypto insider trading, a move that could significantly influence international standards for digital asset market integrity. The plan, spearheaded by the Financial Services Agency (FSA), will empower its market watchdog, the Securities and Exchange Surveillance Commission (SESC), to police illicit crypto trades. Once formalized, likely by … Read more
South Korea’s leading crypto exchanges, Upbit and Bithumb, have both announced significant altcoin listings, immediately sparking price surges for the involved tokens and drawing renewed attention to their respective ecosystems. Upbit’s ZORA Listing Drives 17% Jump Upbit, the largest exchange by trading volume in South Korea, has officially listed the creator-focused platform’s token, ZORA, today. … Read more
Crypto exchange OKX and Standard Chartered, a Global Systemically Important Bank (G-SIB), have extended their custody partnership into the European Economic Area (EEA). This collaboration allows institutional clients to use a “mirroring” model: clients can trade on OKX while securely holding their digital assets in Standard Chartered’s custody. This setup, which separates the functions of … Read more
Kraken has completed a major strategic acquisition, purchasing the CFTC-regulated Designated Contract Market, Small Exchange, from IG Group for $100 million. This deal immediately enables Kraken to establish a fully U.S.-based derivatives trading platform. Co-CEO Arjun Sethi emphasized that the acquisition integrates spot, futures, and margin products into a single, regulated liquidity system. Under the … Read more
Hashdex Asset Management, the firm behind the Hashdex Nasdaq Crypto Index US ETF (NCIQ), has signed a two-year deal with Coinbase Cloud for infrastructure services to enable crypto-asset staking for the fund. Under the agreement, Coinbase Cloud will provide managed Infrastructure-as-a-Service, handling technical aspects like validation node operation and network participation. This partnership allows the … Read more
Following a massive liquidation event over the weekend that wiped out over $500 billion in crypto market value, U.S. spot Bitcoin and Ethereum ETFs saw a significant $340 million net inflow on Tuesday. This surge marks a strong recovery from the $755 million combined outflow recorded the day prior. ETF Flow Breakdown: Spot Ethereum ETFs … Read more
The American firm Volatility Shares has submitted a bold filing to the U.S. Securities and Exchange Commission (SEC) for 27 new leveraged ETFs, targeting both major equities and cryptocurrencies. The filing, dated October 14, proposes highly magnified daily performance exposure (via futures, swaps, and options) with leverage levels of both 3x and 5x. Key Proposed … Read more
VanEck has submitted its fifth amendment to the U.S. Securities and Exchange Commission (SEC) for a spot Solana ETF, revealing critical operational details for the proposed fund. The updated filing outlines a highly competitive 0.30% management fee and introduces a unique staking component, which would make it the first regulated U.S.-listed digital asset ETF to … Read more
Japan’s financial regulators are moving to explicitly ban cryptocurrency insider trading, aiming to close a loophole in existing laws. The Financial Services Agency (FSA) is preparing amendments to the law that would make trading based on non-public information a prohibited act in the crypto market. The change would allow for financial penalties proportional to illegal … Read more
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant downturn, recording their largest combined daily outflow since September 26, totaling $326.4 million, according to Farside data. BlackRock’s IBIT Maintains Inflows Despite the broad market exit, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF by assets, continued its streak of inflows. Consecutive Streak: IBIT … Read more