South Korea Moves to Curb Concentrated Ownership of Crypto Exchanges
The South Korean financial regulator is pushing for ownership ceilings on cryptocurrency exchanges, modeling the approach on existing securities market safeguards.
The South Korean financial regulator is pushing for ownership ceilings on cryptocurrency exchanges, modeling the approach on existing securities market safeguards.
Close to 40% of merchants in the US now accept cryptocurrency at checkout, a trend fueled by increasing consumer curiosity.
Outflows from digital asset investment products surged to a 15-month high last week, with US$1.73 billion exiting the market.
Reports from Nikkei Asia indicate Japan will clear its first set of cryptocurrency exchange-traded funds around 2028.
Crypto market structure legislation in the US Senate could be slowed by several weeks.
Asset manager Grayscale has submitted an application to the US Securities and Exchange Commission to convert its NEAR Protocol Trust into an exchange-traded fund.
The New York Stock Exchange is bridging traditional finance and digital asset technology with a new platform for tokenized securities.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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