Federal Reserve Revokes Restrictive Guidance on Bank Crypto Activities
The US Federal Reserve has withdrawn a policy statement from 2023 that had effectively prohibited the banks it supervises from engaging with cryptocurrency.
Spot Margin Trading Goes Live on OKX for European Users
OKX has activated spot margin trading for its European clientele, a service that supports leveraged trading with a multiplier of up to 10 times on certain crypto assets.
FDIC Charts Course for Financial Institutions to Issue Stablecoins
In a continued rollout of the GENIUS Act, the FDIC has proposed a formal application rule for payment stablecoin issuance.
FCA Data Indicates Shift in UK Crypto Investment Trends
Crypto asset ownership in the UK has fallen to 8% of adults, down from 12% in 2024, based on a YouGov survey for the Financial Conduct Authority.
Startale and SBI Announce Plans for Institutional Yen Stablecoin
Blockchain firm Startale Group and financial conglomerate SBI Holdings have partnered to issue a Japanese yen stablecoin.
Crypto ETP Inflows Hit $864 Million Amid Mixed Signals
Inflows into crypto-linked exchange-traded products totaled US$864 million last week, making it the third consecutive week of positive flows.
Crypto Assets to Face UK Financial Services Rules by 2027
The UK Treasury plans to subject crypto assets to the same regulatory treatment as traditional financial products starting in 2027.
