Day: 20 May 2025

Global crypto exchange HTX has launched its new Multi-Assets Collateral Mode for USDT-margined futures, a strategic move aimed at boosting capital efficiency and offering greater trading flexibility. Now live on the platform, the feature allows users to post collateral in major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), eliminating the ...

Binance has filed a motion to dismiss a $1.76 billion clawback lawsuit brought by FTX’s bankruptcy trustee. The lawsuit alleges that Binance improperly withdrew funds from FTX before its collapse in late 2022. Binance argues that the claims are “legally deficient” and should be thrown out. Binance Seeks Dismissal of ...

Indonesian fintech firm DigiAsia Corp saw its shares nearly double on Mat 19 after announcing plans to raise $100 million to kickstart a Bitcoin treasury reserve, making it the latest public company to jump on the corporate crypto bandwagon. The Nasdaq-listed firm revealed that its board had approved creating a ...

Tensions over crypto regulation at the U.S. Securities and Exchange Commission (SEC) reached a boiling point as its sole Democratic Commissioner, Caroline Crenshaw, criticized the agency’s current regulatory strategy, warning it is dismantling decades of market safeguards. At the SEC Speaks event on May 19, Crenshaw likened the agency’s approach ...

South Korea’s opposition leader, Lee Jae-myung, has proposed the creation of a stablecoin pegged to the Korean won, arguing it would help retain national wealth and reduce reliance on foreign digital currencies. Speaking at a recent policy forum, the Democratic Party chief emphasized that a domestically-issued won-based stablecoin could be ...

The U.S. Senate has taken a significant step toward stablecoin regulation, advancing the long-debated Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act following a pivotal 66–32 vote on May 19. The procedural victory marks a dramatic turnaround after previous Democratic opposition halted progress amid concerns over former President ...

Usual, a stablecoin protocol backed by real-world assets, recently launched its USD0/USDC liquidity pool on the Fluid DeFi platform. This integration allows liquidity providers to earn dual yields from lending and trading APRs while receiving additional rewards in USUAL tokens—significantly boosting overall participant returns. This launch is powered by Fluid’s ...

One Trading has become the first trading platform in the European Union to receive full regulatory approval under MiFID II and the EU’s new Markets in Crypto-Assets Regulation (MiCAR), marking a major step forward for regulated crypto finance in Europe. Headquartered in Amsterdam, One Trading Exchange B.V. secured its MiCAR ...

KuCoin Pay has announced a strategic integration with AEON, a next-generation Web3 payment protocol, to enhance its mobile crypto payment capabilities across online and offline retail sectors. This partnership is set to accelerate real-world crypto adoption by expanding KuCoin Pay’s network and providing users with faster, more flexible, and cost-effective ...

Crypto traders may want to reconsider their summer plans as options markets signal that the upcoming months could bring heightened activity. Although summer is traditionally known for quieter trading in crypto and equities, recent data from Kaiko’s analysts indicates that volatility and market action could heat up instead. In a ...