Binance Installs Co-Founder as Co-CEO, Strengthening Executive Bench
The cryptocurrency exchange Binance has strengthened its leadership by naming co-founder Yi He as co-CEO, creating a formal partnership at the helm with current CEO Richard Teng.
Kraken Moves to Acquire Backed Finance in Pre-IPO Tokenization Play
Kraken is set to acquire Backed Finance as part of a major push into asset tokenization. This strategic purchase strengthens Kraken’s hold on a fast-growing niche as it prepares for an anticipated initial public offering in 2026.
Royal Assent Sees UK Lead on Crypto Property Law
The UK has taken a pioneering step by writing digital asset property rights into statute law.
Japan Set to Cap Crypto Taxation at 20%, Ending “Miscellaneous Income” Status
The Japanese government is backing a legislative plan to cap the tax on cryptocurrency profits at 20%, finally moving digital assets out of the “miscellaneous income” category.
South Korean Ruling Party Demands Stablecoin Plan, Floats Consortium Model
South Korea’s ruling party has drawn a line in the sand, ordering the Financial Services Commission to deliver a stablecoin regulatory plan by December 10.
US Banking Regulator Takes Lead, Crafting First Rules Under New Stablecoin Law
The FDIC is taking the lead in translating the GENIUS Act into enforceable regulations for the US stablecoin market.
Grayscale Eyes Chainlink ETF Debut, Leading Wave of Crypto Fund Launches
Grayscale is preparing to uplist a private trust to create the United States’ inaugural spot Chainlink ETF, potentially launching this week.
