Federal Reserve Revokes Restrictive Guidance on Bank Crypto Activities
The US Federal Reserve has withdrawn a policy statement from 2023 that had effectively prohibited the banks it supervises from engaging with cryptocurrency.
FCA Data Indicates Shift in UK Crypto Investment Trends
Crypto asset ownership in the UK has fallen to 8% of adults, down from 12% in 2024, based on a YouGov survey for the Financial Conduct Authority.
Crypto ETP Inflows Hit $864 Million Amid Mixed Signals
Inflows into crypto-linked exchange-traded products totaled US$864 million last week, making it the third consecutive week of positive flows.
Galaxy Announces UAE Expansion in Middle East Push
The digital asset firm Galaxy has revealed plans to establish an office and a new entity in Abu Dhabi, signaling a committed expansion into the Middle Eastern market.
New US Guidance Allows Banks to Act as Crypto Brokers
The Office of the Comptroller of the Currency, a national US bank regulator, announced Tuesday that banks can serve as intermediaries for cryptocurrency transactions.
Crypto Sector Consulted on FCA Plans to Reform UK Investment Protections
The UK’s Financial Conduct Authority has launched a consultation on proposed reforms to investment regulations, directly seeking input from the cryptocurrency industry as a key stakeholder.
CFTC-Registered Platforms Gain Spot Crypto Trading Approval
The US Commodity Futures Trading Commission has approved the listing and trading of spot cryptocurrency contracts on exchanges it regulates.
