Crypto-news

JPMorgan Chase has partnered with crypto exchange Coinbase to introduce crypto integrations to its customers, a step in bridging traditional finance with digital assets. Coinbase announced Wednesday that Chase credit card holders can use their cards to buy crypto on Coinbase starting this fall. In addition, Coinbase said JPMorgan’s customers will also be able to redeem…

The Hong Kong Monetary Authority (HKMA), the special administrative region’s central banking authority, has finalized its regulatory framework for stablecoin issuers, releasing two sets of guidelines that will take effect on Aug. 1. On Tuesday, the HKMA released completed guidelines and consultation conclusions to clarify the upcoming rules. The documents addressed the supervision of licensed stablecoin issuers…

The US Securities and Exchange Commission (SEC) has approved in-kind creation and redemption for cryptocurrency exchange-traded products (ETPs), giving authorized representatives the ability to exchange shares directly for the underlying crypto assets instead of cash. In a Tuesday announcement, the securities regulator stated that approved Bitcoin and Ether  funds will be permitted to create and redeem…

The National Bank of Ras Al Khaimah (Rakbank), a government-owned bank in the United Arab Emirates (UAE), is the first conventional bank in the country to offer retail crypto trading. In a Tuesday news release, the bank announced the launch of a crypto brokerage service through its mobile banking app, allowing customers to buy, sell and swap…

Cathie Wood’s ARK Invest has named Canada-based SOL Strategies as its exclusive staking partner for the company’s Digital Assets Revolutions Fund. Under the partnership, ARK Invest will move its validator operations to the SOL Strategies staking infrastructure. Created in 2020, the Fund typically invests in 10 to 12 cryptocurrencies aiming to generate returns over a full market…

Payments platform PayPal is set to roll out a new feature for US merchants to accept payments with over 100 cryptocurrencies, targeting overseas transactions and more utility of its own stablecoin. According to a Monday announcement, businesses will be able to accept Bitcoin, Ether, Solana, USDt, USD Coin and XRP, among others. The tool integrates with…