Illinois Joins Regulatory Wave with New Crypto Exchange and ATM Laws
The first, SB 1797, empowers regulators to monitor crypto firms, enforcing capital, cybersecurity, and disclosure rules akin to traditional finance.
South Korean Exchanges Forced to Pause Crypto Lending Amid Regulatory Scrutiny
South Korea’s financial watchdog has temporarily barred cryptocurrency exchanges from offering lending services, disrupting a fast-growing sector of the digital asset market.
Ethereum ETFs See Significant Outflows After Record Inflow Streak
US spot Ethereum ETFs experienced $196.6 million in net outflows Monday, marking their second-largest daily withdrawal since launch, according to SoSoValue data.
World’s Largest Sovereign Fund Goes Big on Bitcoin—Exposure Jumps 83%
In a bold move, Norway’s massive $1.7 trillion sovereign wealth fund ramped up its Bitcoin exposure by 83% last quarter, according to Standard Chartered.
Gemini Files for Nasdaq IPO Under Ticker “GEMI,” Reports Revenue Decline
Crypto exchange Gemini has taken a step toward its 2025 IPO with the public release of its S-1 filing on Friday.
Fed Abandons Crypto Supervision Program Amid Regulatory Retreat
The Federal Reserve has abruptly shut down its Novel Activities Supervision Program, a 2023 initiative meant to monitor banks’ crypto and fintech ventures—raising questions about oversight gaps.
SEC Postpones Solana ETF Approvals, Reflecting Wider Crypto ETF Scrutiny
The US SEC has delayed its decision on Bitwise and 21Shares.
