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Hong Kong has announced plans to speed up crypto licensing for trading platforms as part of its effort to establish itself as a global cryptocurrency hub. Hong Kong’s Fast-Track Crypto Licensing Plan Joseph Chan, Acting Secretary for Financial Services and the Treasury disclosed at a parliamentary session that the Securities and Futures Commission (SFC) is…

Decentralized finance (DeFi) protocol Synthetix has acquired the leveraged token platform TLX in a token-for-token deal. The acquisition is part of Synthetix’s plan to create a decentralized liquidity layer and emerge as a leading product issuer within the ecosystem. “The acquisition of TLX will mark the first end-customer, revenue-generating product built on top of Synthetix…

In an exclusive interview with CryptoNews, Bitget COO Vugar Usi Zade shared insights into the exchange’s plans for the Indian market, the challenges posed by local regulations, and how the company aims to solidify its presence in one of the world’s largest crypto ecosystems. Talking about crypto ecosystem in India, Bitget COO said, “The biggest…

Japanese Coincheck Group, the parent company of the crypto exchange operator Coincheck, announced that it has been publicly listed on the Nasdaq Global Market. The exchange becomes the second regulated crypto firm to debut on Nasdaq, after Coinbase’s listing in 2021. The Japanese crypto exchange obtained US Securities and Exchange Commission (SEC) Form F-4 approval…

Bitcoin (BTC/USD) consolidates near $97,500, with a symmetrical triangle pattern hinting at a potential breakout. Sotheby’s upcoming auction of Rui Huang’s “Starbase 2050,” with Elon Musk’s endorsement, highlights blockchain’s growing influence in the art world. Simultaneously, MicroStrategy’s anticipated inclusion in the Nasdaq 100 showcases institutional confidence in Bitcoin, while Argentina and El Salvador’s partnership emphasizes…

Brazil-based asset management firm​​ Hashdex, has appointed former BlackRock exec Mick McLaughlin as its U.S. head of distribution, to expand the firm’s exposure to the digital asset sector in the region. In an announcement, Hashdex said McLaughlin will lead the distribution and growth of Hashdex’s crypto-based exchange-traded fund (ETF) offerings in the U.S. market. He…

Blockchain security firm Scam Sniffer has raised alarms about a new wave of scams targeting cryptocurrency users through fake Telegram verification bots. These schemes use social engineering tactics to inject malware into victims’ systems, ultimately compromising crypto wallets. In a December 10 post on X, Scam Sniffer detailed how scammers are impersonating popular crypto influencers…

Stablecoin provider Circle and crypto exchange Binance have announced a new partnership aimed at expanding the adoption of the dollar-backed stablecoin USDC and digital asset adoption. In a joint announcement, the firms said Circle will support Binance by providing critical technology, liquidity, and other tools to maximize the benefits of USDC for Binance users. Both…

El Salvador and Argentina Regulators have entered into an agreement that will foster crypto development in Latin America. Per a CoinDesk report, both pro-crypto nations entered a strategic partnership on Tuesday to work on regional crypto regulation. Juan Carlos Reyes, El Salvador’s leading crypto regulator and president of the Comisión Nacional de Activos Digitales (CNAD),…

Bitwise Asset Management, a leading crypto exchange-traded fund (ETF) issuer, has projected that at least five prominent crypto firms, often referred to as “crypto unicorns,” will go public in 2025. The list includes stablecoin issuer Circle, cryptocurrency exchange Kraken, the “crypto bank” Anchorage Digital, blockchain analytics firm Chainalysis, and the crypto trading platform Figure. These…