Kraken Buys Dutch Crypto Broker BCM
Kraken has successfully acquired Coin Meester B.V. (BCM), one of the oldest registered cryptocurrency brokers in the Netherlands.
TrustToken and TrueCoin Settle Charges with SEC over TrueUSD
TrustToken and TrueCoin have settled allegations that they misrepresented the backing of their stablecoin, TrueUSD (TUSD), and sold securities linked to it without proper registration.
US Spot Bitcoin ETFs See $4.56M in Inflows
On Monday, US spot Ethereum exchange-traded funds saw a net outflow of $79.21 million, the largest daily outflow since July 29.
Hong Kong Monetary Authority Starts New Phase of CBDC Study
The Hong Kong Monetary Authority (HKMA) has launched the second phase of their pilot study on the digital Hong Kong dollar (e-HKD) and renamed the project as Project e-HKD+.
Crypto-based Investment Products Bring in $321M
Last week, crypto products had $321 million in inflows, with the exception of Ethereum (ETH) funds which saw negative net flows of $28.5 million.
Australia Will Require Crypto Companies to Obtain a Financial Services License
Regulators in Australia are reportedly working on legislation that would broaden the licensing requirements for cryptocurrency exchanges.
Circle Plans to Move its Headquarters to Wall Street in 2025
According to Circle’s CEO and founder Jeremy Allaire, the stablecoin issuer is progressing with its initial public offering (IPO) debut and intends to relocate its headquarters to Wall Street in 2025.
