The executives pointed to a 300% surge in real-world asset tokenization over 20 months as evidence that the shift is already accelerating.
Legislative efforts gained momentum as South Korean President Lee made developing a Korean won-stablecoin market one of his key initiatives.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Beijing has moved in recent months to quell some digital asset activity in Hong Kong, like real-world asset tokenization and stablecoin issuance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto industry figures welcomed pro-entrepreneur measures but warned that wider tax and regulatory pressures could hurt UK competitiveness.
Australia's Treasury submitted a new bill to parliament on Wednesday, seeking to require financial licenses for certain crypto platforms.
The approval lets Securitize operate at the market-infrastructure layer, going beyond its earlier brokerage and transfer-agent permissions.
The country currently requires exchanges to manage customers' crypto reserves in cold wallets, but does not require a reserve.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Major Japanese wealth managers are preparing to launch crypto investment trusts ahead of regulatory changes that would offer tax relief and new rules.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Japan's financial regulator has finalized plans to reclassify 105 cryptocurrencies as financial products, Asahi reported.
The Bermuda Monetary Authority issued its first license to a decentralized derivatives protocol, the DAO-governed DerivaDEX.
The FCA defended its framework, stating that the measures ensure investors understand risks before trading digital assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
New rules from the central bank mandate that virtual asset service providers obtain the central bank's authorization to operate.
Non-systemic stablecoins used primarily for crypto trading, such as USDT and USDC, will remain under FCA oversight without such restrictions.
The FSA is considering a new system that would require crypto custody and trading management service providers to register with authorities.
EU finance ministers recently reached a compromise agreement with the ECB on the plan to roll out a digital euro, expected by 2029.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kazakhstan plans to debut a $1 billion national crypto reserve fund using seized assets ahead of an early 2026 launch.
ASIC said the regulator will review and relaunch its Innovation Hub to explore new ways ASIC can support financial market innovation.
The bank said more than 30 million transactions were not properly monitored, which led to 2,708 late suspicious transaction reports.
It plans to require issuers to hold adequate reserves, establish redemption policies and implement risk management frameworks.
Kraken will now allow traders to post crypto collateral in the European Union via its MiFID-regulated derivatives platform.
The Commission is planning a proposal for December that would centralize supervision of crypto firms under a single regulatory agency in Europe.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Under new guidance, companies would need to obtain a license to offer products such as stablecoins and wrapped tokens.
BitMine's total crypto and cash holdings have reached $14.2 billion, and the company owns more than 2.7% of Ethereum's circulating supply.