Tag: Crypto

SEC Crypto Guidance Is a Major Step, but More Is Needed: Analyst

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The recent guidance from the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission establishing a taxonomy for digital assets put a “final nail” in the coffin of SEC policy under former Chairman Gary Gensler, according to Alex Thorn, the head of firmwide research at investment firm Galaxy. The SEC guidance, published on Tuesday, established a taxonomy for digital assets, dividing them into five categories, including digital commodities, digital collectibles like non-fungible tokens (NFTs), digital tools, stablecoins, and tokenized securities.  The SEC guidance published on Tuesday…

Hong Kong Retiree Loses $840K in Triple Crypto Scam

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A 66-year-old Hong Kong retiree lost 6.6 million Hong Kong dollars (roughly $840,000) in a string of three related crypto investment scams after repeatedly trusting self-proclaimed “virtual currency experts” who reached out via WhatsApp, according to Hong Kong police’s CyberDefender unit. In a March 20 Facebook post, police said the victim was first approached in September 2025 by a scammer who cold messaged, claiming to be a “virtual currency investment expert” and promising steady gains if the victim followed his advice. The retiree then transferred $180,000 and deposited crypto into a…

BNB Price To Break $3,000? Crypto Trader Shares Game Plan For 500% Rally

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Crypto analyst Crypto Patel has predicted that the BNB price could break $3,000, marking a new all-time high (ATH) for the Binance-linked coin. The analyst shared a game plan for exactly how this move is expected to play out by 2028.  How The BNB Price Rally To $3,000 Could Play Out In an X post, Crypto Patel said that the BNB price could drop to $400 before hitting $3,000. The analyst noted that the altcoin has bounced perfectly from the near 0.5 Fib Retracement level and now climbed 21%. As…

Carney Takes Regulation-First Approach to Crypto in Canada

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Cryptocurrencies and blockchain technology have increasingly become part of Canada’s core financial system over the past year. In November, the country introduced stablecoin regulations as part of the Canada Stablecoin Act. Introduced as part of the budget, it gives the Bank of Canada the power to regulate stablecoins in the country. Elsewhere, policymakers are finalizing amendments to laws for crypto asset funds, including those for cold wallets and custodians. The changes highlight a pragmatic, but regulation-first approach to crypto, which observers have come to expect from Prime Minister Mark Carney’s…

Crypto, Fintechs Race to Own Stablecoin Settlement Rails

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Stablecoin issuers and fintech-linked firms are launching payment-focused blockchains as they try to control more of the settlement infrastructure behind US digital-dollar transfers. Some stablecoin issuers and fintech-linked companies are building a new wave of blockchain networks designed for institutional payment flows rather than the broader token issuance and smart-contract activity associated with general-purpose layer-1 networks, according to Delphi Digital. These include stablecoin giant Tether-backed Plasma, a public L1 network optimized for cross-border USDt (USDT) transactions, which launched on mainnet on Sept. 25, 2025 after it raised $24 million in…

South Korea Tax Office Eyes Private Custody After Seized Crypto Loss

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South Korea’s National Tax Service (NTS) is moving to select a private custody provider for seized crypto assets after a February press release exposed a wallet recovery phrase and triggered the unauthorized transfer of confiscated tokens. On Feb. 26, the NTS accidentally exposed a crypto wallet seed phrase in an official press release, resulting in the unauthorized transfer of crypto tokens valued at about $4.8 million. The release included an image of a Ledger cold wallet and a sheet of paper showing the mnemonic phrase without being blurred.  Citing people…

Gemini Q4 Revenue Lifts Shares Despite Weaker Crypto Markets

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Shares in crypto exchange Gemini surged after hours as stronger-than-expected fourth-quarter results showed revenue growth driven by credit card adoption and a reworked fee structure. Gemini reported on Thursday that its Q4 revenues rose 39% from the year-ago quarter to $60.3 million, reportedly beating analyst expectations of $51.7 million. It reported a net loss of $140.8 million for Q4, deepening from its $27 million loss from a year ago. Gemini posted a total 2025 loss of $585 million, ahead of its total 2024 losses of $156.6 million. Gemini co-founders Cameron…

SEC Interpretation on Crypto Laws ‘a Beginning, Not an End,‘ Says Atkins

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US Securities and Exchange Commission (SEC) Chair Paul Atkins has clarified how the agency intends to approach digital asset regulation following an interpretative notice issued this week. In prepared remarks for a Thursday speech at the Practising Law Institute, Atkins said that the SEC would take a different approach to digital assets than its previous “regulation by enforcement” campaign. According to the SEC chair, the agency would first focus on its interpretation of how federal securities laws apply to crypto following the signing of a memorandum of understanding with the…

Anchorage Digital expands Atlas network with collateral management for institutional crypto lending

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Anchorage Digital has expanded its Atlas network to include collateral management, adding another piece of infrastructure for institutions that want to lend against crypto without taking on the operational and counterparty risks that have long slowed the market. The company said Atlas now supports nearly 600 participants, up fourfold from a year ago, and has processed tens of billions of dollars in settlements to date. Anchorage is pitching the new product as a regulated, always-on system for monitoring collateral, issuing margin calls, and handling liquidations across secured loans, structured products,…

Carpool and Ride Sharing Company Ryde Adopts Crypto Treasury Model

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Ryde Group, a Singapore-based ride-sharing and carpool platform, similar to Uber or Lyft, said Wednesday that it has adopted a crypto treasury strategy for its corporate reserve. The company said it will invest a portion of its corporate reserves into Bitcoin (BTC), Ether (ETH), and Sol (SOL), with specific allocations and time of purchase to be determined by a governance team at Ryde, according to its announcement. Ryde cited the “evolving macroeconomic environment” as the reason for adopting a crypto treasury, and said that the option to invest portions of…