Author: Crypto Insider

Crypto exchange Gate is launching in the United States, offering spot trading services to US customers for the first time. Founded in 2013 by Chinese scientist Lin Han, the company cited improved regulatory clarity in the country as the reason behind the move. According to Gate, it will initially offer crypto trading pairs for US…

United States Spot Ether exchange-traded funds (ETFs) hit a new milestone in July, recording $5.43 billion in net inflows, their highest monthly total since launch, according to ETF tracker SoSoValue. July’s performance represented a 369% increase over June’s total net inflow of $1.16 billion, showing a significant surge in investor interest. It also eclipsed previous months like…

The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the global reserve currency. With stablecoins now gaining traction in global finance, the GENIUS Act could also prove a boon for the developing world, attract institutional…

Crypto treasury firms have begun moves to buy over $7.8 billion worth of cryptocurrencies this week, in possibly one of the biggest corporate crypto grabs in recent history — particularly for altcoins. Cointelegraph analyzed 16 company statements since Monday, which either announced a plan to buy or raise money for crypto. Ether was the hottest…

Payment company Visa expanded stablecoin offerings on its settlement platform by adding support for Global Dollar, PayPal USD, Euro Coin and two new blockchain networks, Stellar and Avalanche. The integration allows users to send and receive stablecoin payments through the supported blockchain networks or convert their balances to traditional fiat currency, Visa said in a press…

US Securities and Exchange Commission Chair Paul Atkins has announced “Project Crypto,” an initiative to modernize the agency for the digital finance age and establish clear regulations for digital assets in the United States. Atkins said Project Crypto was in direct response to recommendations in a recent report by the President’s Working Group on Digital Assets. Atkins…