Singapore to become Asia’s next crypto hub with ‘risk-adjusted’ regulation
02 Jan 2025
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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…

Ethereum prepped for 2025 rally as monthly Ether ETFs inflows double
29 Dec 2024
135 Views

Ether exchange-traded funds (ETFs) hit a new monthly record in December despite the holiday illiquidity, bolstering analyst expectations of an incoming rally. The United States spot Ether exchange-traded funds (ETFs) reached a new monthly record, surpassing $2.1 billion worth of cumulative net inflows during December. December’s $2.1 billion worth of inflows is nearly double that…

Turkey introduces stricter crypto AML regulations
26 Dec 2024
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Turkey introduced new cryptocurrency regulations during the final week of 2024, inspired by positive regulatory developments in the world’s major jurisdictions, including Europe. Under the new regime, users executing transactions of more than 15,000 Turkish lira ($425) will be required to share their identifying information with the country’s crypto service providers, according to a Dec….

Ether ETFs surpass $2.5B as ETH positions for $3.5K breakout
26 Dec 2024
134 Views

Ether may be poised for a breakout, bolstered by the Ethereum exchange-traded funds (ETFs) surpassing the $2.5 billion milestone. The United States spot Ether ETFs surpassed $2.5 billion worth of total inflows on Dec. 24, when the ETFs received $53 million in cumulative net inflows, Farside Investors data shows. Despite the positive ETF inflows, Ether’s price…

New SEC boss Paul Atkins will transform crypto… but not right away
13 Dec 2024
171 Views

President-elect Donald Trump has tapped pro-crypto businessman and former Securities and Exchange Commissioner Paul Atkins as the next chair of the regulatory agency under his administration, fulfilling his promise to replace current chair Gary Gensler and delighting the crypto industry. Here’s what we know about Atkins and the potential changes he could bring to the…

Why tech giants like Amazon may hesitate to adopt Bitcoin
13 Dec 2024
142 Views

Big Tech companies like Amazon have a large amount of cash on hand — $87 billion last year — which loses purchasing power as the currency evaluates. Washington DC-based think tank The National Center for Public Policy Research (NCPPR) has submitted shareholder proposals to adopt Bitcoin as a solution. However, whether tech giants would see major benefits…