OKX Expands European Footprint with New Stablecoin Payments License
OKX is broadening its regulated services in Europe, having secured a new license that specifically targets the growing sector of stablecoin payments.
Grayscale Files for Aave ETF Conversion, Eyes NYSE Arca Listing
Asset management giant Grayscale has formally requested US regulatory approval to convert its Aave investment trust into an exchange-traded fund.
UK Moves Forward With Tokenized Gilt Pilot, Enlists HSBC Orion
The development clears a path for the UK to become the first G7 member to issue tokenized sovereign debt on a blockchain infrastructure.
Danske Bank Enters Crypto ETP Market With BlackRock and WisdomTree Offerings
Danske Bank has quietly moved into crypto-adjacent territory, announcing Wednesday that self-directed clients can now buy Bitcoin and Ether ETPs issued by BlackRock and WisdomTree through its retail banking interfaces.
European Union Targets Crypto Channels in New Sanctions Push Against Russia and Allies
In a significant escalation of financial pressure, the European Union is contemplating a prohibition on all cryptocurrency transactions with Russia to prevent the digital circumvention of sanctions.
Crypto Fund Outflows Ease to $187M as Record Volume Hints at Sentiment Shift
Digital asset investment products saw a marked slowdown in outflows last week, which totalled $187 million.
South Korea’s FSS Sets Agenda: Harsher Penalties for IT Failures, Crypto Manipulation Probes
South Korea’s Financial Supervisory Service will increase its oversight of the cryptocurrency market and apply more stringent penalties to financial firms for IT-related incidents.
