Despite this accolade, bullish end-of-year projections seem somewhat stalled as the SOL price takes a 3.34% dip today, mirroring the trend seen in other notable altcoins. In an attempt to recover the levels seen before the mass market-wide liquidation earlier this week, Solana has fallen short, retaining a 5.03% loss. However, with a 12.21% lapse…
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Hong Kong’s OSL Adds Toncoin to OTC Trading Amid Rising Institutional Demand
OSL Digital Securities, Hong Kong’s premier regulated digital asset platform, has introduced Toncoin (TON) into its over-the-counter (OTC) trading services to extend its offers to professional investors. According to a press release, the addition enables eligible users to trade TON against USD, USDT, and HKD. It also benefits from OSL’s secure custody services and fiat…
Topology Ventures Led by Casey Caruso Raises $75M
Casey Caruso, Google-engineer-turned-investor, has raised $75 million for her new venture capital firm, Topology Ventures. The fund focuses on frontier technologies and has drawn the support of prominent backers, including tech billionaire Marc Andreessen. Caruso began as an engineer at Google in 2017, transitioning to venture capital, Caruso became an investor at Bessemer Venture Partners…
U.S. Judge Slams FDIC for Redacting Crypto ‘Pause Letters’ in Coinbase-Backed FOIA Lawsuit
A U.S. federal judge has criticized the Federal Deposit Insurance Corporation (FDIC) for its extensive redactions of so-called “pause letters” sent to banks regarding crypto-related activities. The criticism came as part of a Freedom of Information Act (FOIA) lawsuit backed by Coinbase, Paul Grewal, the Chief Legal Officer of the exchange, revealed in a recent…
Key Leader in Digital Euro Efforts Resigns to Quash German Bias Claims
The leader of the European Parliament’s digital euro resigned to dispel suspicions that he was deliberately blocking the legislation. Stefan Berger, who led the European Parliament’s digital euro efforts, clarified that he resigned to avoid suspicion that the German center-right was stalling this critical project, Politico reported Thursday. The initiative aims to establish a unified…
Former Grayscale CEO Joins Tokenization Platform Securitize
Tokenization platform Securitize has appointed Michael Sonnenshein, the former CEO of Grayscale Investments, as its new executive leader. Sonnenshein started his new role as chief operating officer on Monday. Securitize specializes in leveraging blockchain technology to create tokens that represent real-world assets. The firm claims it has surpassed $1 billion in tokenized real-world assets on-chain,…
Bank of England Demands Firms to Disclose Crypto Exposure by March 2025
The Bank of England’s regulatory arm, the Prudential Regulation Authority (PRA), has issued a directive requiring businesses to disclose their current and anticipated exposure to crypto assets by March 2025. In a statement dated December 12, the PRA said the move aims to bolster financial stability and shape the central bank’s approach to regulating the…
Japanese Lawmaker Asks Government to Create National Bitcoin Reserve
A Japanese lawmaker has asked the government to launch a national Bitcoin reserve, echoing similar recent calls from MPs in Argentina, Russia, and beyond. Per the media outlet CoinPost and the official House of Councillors record, the demand came from Satoshi Hamada, an MP from the Party to Protect the People from NHK. A National…
Sweden’s Spotlight Stock Market Adds 20 Valour Crypto ETPs in Record Launch
Sweden’s Spotlight Stock Market has introduced 20 new digital asset exchange-traded products (ETPs), expanding access to crypto investments for traditional investors. Valour, a subsidiary of DeFi Technologies and a leading European provider of digital asset products, issued the new ETPs. Valour’s Record-Breaking Stock ETP Launch: A Game-Changer for Regulated Crypto Investments According to the press…
Texas Rep. Giovanni Capriglione Files Proposal for Strategic Bitcoin Reserve
Texas Rep Giovanni Capriglione Introduces Bill to Establish Bitcoin Strategic Reserve. The bill aims to establish a strategic Bitcoin reserve in the state of Texas, mirroring efforts on the national level in the United States. The new bill introduced in the Texas House of Representatives on Thursday seeks to establish a strategic bitcoin reserve, potentially…