After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail. Source: cointelegraph.com (Read Full Article)
Crypto treasuries top $100B for Ethereum’s 10th anniversary: Finance Redefined
Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin. Source: cointelegraph.com (Read Full Article)
Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset
Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction. Source: cointelegraph.com (Read Full Article)
DOJ clarifies it has no plans to prosecute Dragonfly over early Tornado Cash investment
The DOJ’s stance may ease investor fears, but the case highlights potential chilling effects on blockchain and privacy tech investments. The post DOJ clarifies it has no plans to prosecute Dragonfly over early Tornado Cash investment appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Coinbase teams up with JPMorgan to enable instant crypto purchases from Chase accounts
This collaboration could significantly accelerate mainstream crypto adoption by integrating digital assets into traditional banking systems. The post Coinbase teams up with JPMorgan to enable instant crypto purchases from Chase accounts appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Kraken-backed The Ether Machine buys 15,000 ETH on Ethereum’s 10-year anniversary
The Ether Machine’s ETH acquisition highlights growing institutional interest in Ethereum, potentially boosting its role in the digital economy. The post Kraken-backed The Ether Machine buys 15,000 ETH on Ethereum’s 10-year anniversary appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
SharpLink Gaming buys 11,259 ETH, stock pops 97% in a month
SharpLink Gaming’s strategic ETH acquisition may enhance its market influence and drive further growth in blockchain technology integration. The post SharpLink Gaming buys 11,259 ETH, stock pops 97% in a month appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
Visa adds PYUSD, USDG, and EURC to its settlement platform
Visa’s expanded stablecoin support could enhance global transaction efficiency, reduce cross-border friction, and drive broader crypto adoption. The post Visa adds PYUSD, USDG, and EURC to its settlement platform appeared first on Crypto Briefing. Source: cryptobriefing.com (Read Full Article)
UK regulator lifts ban on crypto ETNs for retail investors
After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail. The United Kingdom’s Financial Conduct Authority (FCA) has lifted the ban on retail access to cryptocurrency exchange-traded notes (cETNs).Companies in the UK will soon be able to offer retail consumers cETNs, with regulatory changes effective Oct. 8, according to an FCA announcement on Friday.The new development in the UK’s regulatory approach on crypto comes after the FCA banned crypto ETNs in January 2021, citing the extreme volatility of crypto assets and a “lack of legitimate investment need” for retail consumers.Read more Source: cointelegraph.com (Read Full Article)
Bitcoin rejects at $116K despite US jobs win as Fed rate cut bets pass 75%
Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market. Key points:Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness.BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze.Read more Source: cointelegraph.com (Read Full Article)