BitGo Finds Safe Harbor in Dubai with New License Amid Regulatory Storm
As Dubai’s virtual asset regulator unleashes a wave of enforcement, BitGo has successfully navigated the compliance landscape to secure a prized broker-dealer license.
EU Eyes Centralized Crypto Watchdog Under ESMA
Citing the need for a “more integrated and globally competitive” financial system, the European Union is moving to centralize its oversight of the cryptocurrency market under the European Securities and Markets Authority (ESMA).
Crypto Trading Volumes Slump to $1.67 Trillion, Hitting Three-Month Low in September
Global cryptocurrency trading activity cooled in September, with spot volumes on centralized exchanges falling to $1.67 trillion—the lowest level since June.
Grayscale Bets on Staking as Key Differentiator, Expands Feature to Ethereum ETFs and Solana Trust
Grayscale has activated staking for its entire suite of smart contract platform funds.
Coinbase Aims for Federal Charter, Denies Bank Ambitions
Coinbase is pursuing a federal trust charter from the OCC, aligning itself with a wave of crypto firms seeking national oversight.
UK’s ETN Reversal Signals Evolving Crypto Stance
The FCA’s impending reversal of the retail crypto ETN ban signals a strategic recalibration of the UK’s position on digital assets.
Security Failures Mount for Abracadabra as $1.8M Hack Highlights Systemic Issues
Another week, another hack for Abracadabra Money.
