Emerging cryptocurrency-based exchange-traded products (ETPs) may attract significant new investment if approved, according to banking giant JPMorgan. More investors are betting on the approval of the first spot Solana and spot XRP exchange-traded funds (ETFs) with expectations of a more innovation-friendly regulatory regime in the US after President-elect Donald Trump’s inauguration on Jan. 20. In a Jan. 13…
Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation. In a Jan. 13 notice, Tether said it had acquired a license to operate in El Salvador as a digital asset service provider and stablecoin issuer. The company said…
Crypto investors are eying a potential supply shock as Bitcoin reserves sink to a near seven-year low amid continued institutional buying. Bitcoin reserves across all cryptocurrency exchanges fell to 2.35 million BTC as of Jan. 13, which marked a near seven-year low not seen since June 2018, when Bitcoin was trading just above $7,000, CryptoQuant…
Swiping your phone to pay for a latte with Bitcoin might make you feel like a futuristic barista whisperer, but try closing on a luxury condo with that same wallet, and you’ll immediately see the cracks. While crypto’s buying you plenty of cappuccinos, snagging a six-bedroom villa or a brand-new sports car isn’t exactly a…
Europe’s Markets in Crypto-Assets Regulation (MiCA) is being hailed as a significant step forward for the cryptocurrency industry despite concerns about potential overregulation during its initial rollout. MiCA is the world’s first comprehensive regulatory crypto framework, which went into full effect for crypto-asset service providers on Dec. 30. While concerns regarding regulatory overreach persist, the…
Singapore is becoming a key destination for Web3 companies after it issued twice as many crypto licenses in 2024 as in the previous year. Singapore may emerge as the next major cryptocurrency hub in Asia thanks to its innovation-friendly regulatory regime, according to William Croisettier, chief growth officer of ZKcandy. He told Cointelegraph: “The country…
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