The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said. Feb 19, 2025, 8:51 p.m. UTC What to know: Memecoins were sold as an alternative to VC-backed tokens, but insiders…
The U.S. Securities and Exchange Commission (SEC) officially acknowledged Bitwise’s application for a spot XRP exchange-traded fund (ETF) on Tuesday, filed through the Cboe BZX Exchange. This recognition represents a key step toward integrating regulated XRP investment products into traditional…
DeFi platform MANTRA Finance said Wednesday that it secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This achievement allows MANTRA to operate as a virtual asset exchange, offering broker-dealer and investment management services…
South Korea’s most senior financial regulator, the Financial Services Commission (FSC) Chairman Kim Byung-hwan, says the nation needs to move “quickly” to regulate stablecoins. But the FSC chief has concerns about the “strength” of the USD. Per the South Korean…
The Czech National Bank (CNB) is considering studying Bitcoin
South Korea’s Supreme Court has upheld lower court rulings that TerraUSD and LUNA tokens do not qualify as a financial investment product under the Capital Markets Act, according to Korean newspaper Etoday reports. This decision confirms that the cryptocurrency cannot…