S&P Global: US Banks Will Enter the Stablecoin Market
A new bill focused on stablecoins has been introduced to the US Senate, which S&P Global Ratings believes could prompt banks to enter the stablecoin market.
Almost 70% of Bitcoin Transactions Are Made by Runes
Following the Bitcoin network’s halving event on April 20, a new token standard called Runes has become dominant, accounting for more than two-thirds of all Bitcoin transactions.
Hong Kong’s Spot Bitcoin and Ether ETFs Will Start Trading Next Week
On April 30, six spot ETFs based on cryptocurrencies will begin trading in Hong Kong following official approval from the city.
SEC Delays Decisions on Franklin Templeton and Grayscale Spot Ethereum ETFs
The United States Securities and Exchange Commission has decided to postpone any decisions regarding two proposed exchange-traded funds (ETFs) focused on Ethereum.
Binance is Sued in Canada For Violating Securities Laws
A new class-action lawsuit has been filed against popular cryptocurrency exchange Binance in Canada, alleging that the exchange has violated local securities laws.
Tether Will Block Assets Linked to Sanctioned Entities
Tether, the issuer of the USDT stablecoin, has announced that it will freeze addresses associated with sanctioned entities.
Mt. Gox Trustee Updates Repayment Data
Following a recent update from the trustee of hacked cryptocurrency exchange Mt. Gox, users impacted by the hack have received more promising news regarding compensation for their lost funds.
