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SEC’s Crypto Task Force Gets Crucial Input From EY

Ernst & Young LLP (EY US) submitted a letter to the U.S. Securities and Exchange Commission (SEC) last week in response to the SEC’s request for input on crypto-related matters. The firm emphasized the importance of regulatory clarity regarding how federal securities laws apply to crypto markets. EY US outlined its experience in assurance, tax, … Read more

Bitcoin ETFs Soar as Investors Flee Gold Holdings

A strategic pivot among investors is becoming clear as capital shifts from traditional safe havens to digital alternatives. Over the past five weeks, U.S.-based bitcoin ETFs attracted more than $9 billion in inflows, predominantly led by Blackrock’s Ishares Bitcoin Trust (IBIT), while gold ETFs experienced over $2.8 billion in outflows. Analysts cite bitcoin’s rising appeal … Read more

Thai Regulators Tighten Crypto Oversight—Unlicensed Exchanges to Be Banned by June 2025

Thailand’s Securities and Exchange Commission (SEC) has taken action against five unauthorized digital asset trading platforms: Bybit.com, 1000x.live, Coinex, OKX, and XT.COM. The SEC has filed charges with the Economic Crime Suppression Division (ECD) for operating without the necessary licenses under Thailand’s Digital Asset Business Act. To protect investors and combat money laundering, the SEC … Read more

India May Release Crypto Regulation Discussion Paper in June: Report

India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This move follows a surge in global acceptance, particularly after U.S. President Donald Trump endorsed digital currencies, signaling a major policy shift. In India, … Read more

Standard Chartered Sees Solana Hitting $500 by 2029 Despite Short-Term Dip

Solana’s long-term potential remains robust despite short-term hurdles, according to Standard Chartered’s digital assets head Geoffrey Kendrick. The bank forecasts SOL will climb from roughly $175 today to $275 by late 2025 and $500 by 2029. However, solana is expected to trail ethereum over the next two to three years due to its heavy exposure … Read more

Russian Central Bank Greenlights Crypto-Linked Products for Qualified Investors

The Bank of Russia is cautiously opening up the financial system to cryptocurrency-linked products for qualified investors, but with strict conditions. Financial institutions can now offer non-deliverable derivatives, securities, and digital financial assets whose returns are tied to crypto prices, meaning clients won’t directly hold cryptocurrencies. The central bank mandates a conservative risk assessment approach, … Read more

The New Trade in Town: TACO

The TACO trade and the philosophy behind it are making waves across the financial world after a journalist asked President Donald Trump if he knew what it meant. First described by Financial Times journalist Robert Armstrong, TACO stands for “Trump Always Chickens Out,” meaning that he uses big announcements, like tariffs and taxes, as a … Read more

Hardware Wallet Manufacturer Ledger to Release Crypto Card in the US

Ledger has announced that the CL Card, developed in partnership with Baanx Group, will soon be available for U.S. residents. The CL Card allows users to spend their cryptocurrency at over 90 million merchants worldwide through the Visa network, earn 1% cashback in bitcoin, and convert their paycheck to crypto with direct deposit via bank … Read more

Etoro Expands US Crypto Offerings With Addition of a Dozen New Tokens

Social trading network Etoro has announced the addition of a dozen new cryptoassets to its platform for U.S. users, expanding its offerings beyond bitcoin, bitcoin cash, and ethereum. The newly available assets include aave, cardano, chainlink, compound, dogecoin, ethereum classic, litecoin, XRP, stellar, shiba inu, uniswap, and yearn finance. Andrew McCormick, Head of Etoro US, … Read more

Crypto P2P Lender Liquidium Launches Cross-Chain Lending Protocol for Bitcoin, Ethereum, and Solana

Liquidium has launched its new Liquidium Cross-Chain Loans product, enabling seamless lending and borrowing across bitcoin, ethereum, and solana without the need for centralized bridges or wrapped tokens. This protocol allows users to deposit native bitcoin as collateral and borrow native assets such as USDT on Ethereum or USDC on Solana, utilizing ICP’s Chain Fusion … Read more

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