A newly created multi-signature wallet associated with Trump’s World Liberty Financial withdrew 10 million USDC from Binance and used it to purchase 200 million WLFI tokens on February 18, according to on-chain analytics platform On-Chain Lens. This transaction adds...
OKX has received one of the first MiCA (Markets in Crypto-Assets) licenses, allowing it to extend its services to 28 European Economic Area (EEA) countries. This regulatory approval, which follows OKX's receipt of the MiCA license on January 27...
The founder of the Solana-based token launchpad Pump.fun, known as Alon, has called for stricter regulations for platforms that facilitate token launches following the controversial LIBRA memecoin incident. On February 18, he expressed frustration over what he termed an...
The European Securities and Markets Authority (ESMA) has proposed new guidelines to assess the competence of crypto-asset service providers' staff across the European Union. On February 17, 2025, the regulator published a consultation paper outlining proposed rules aimed at...
Ben Chow, co-founder of the Solana-based decentralized exchange Meteora, has reportedly resigned from his position. The development was confirmed by Meow, the pseudonymous co-founder of both Meteora and Jupiter, in an X post on February 18. Chow's resignation comes...
The United Nations Development Programme (UNDP) is exploring the potential of cryptocurrency to enhance human development, particularly in promoting financial inclusion in unbanked areas. Kanni Wignaraja, the UN Assistant Secretary-General and Regional Director for Asia and the Pacific highlighted...
South Korea’s Financial Services Commission (FSC) is preparing to announce its decision on potential sanctions against Upbit, the country’s largest cryptocurrency exchange, following extensive customer identity verification regulations violations. According to The Korea Times, an investigation into Upbit’s business...
Spot Bitcoin ETFs in the U.S. have seen a reversal, recording net weekly outflows for the first time in six weeks. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced $585.65 million in net outflows for the...
Australian Transaction Reports and Analysis Centre (AUSTRAC) is increasing its enforcement actions against non-compliance in Australia's digital currency exchange sector after addressing issues with remittance services and crypto providers. The agency has targeted 13 digital currency exchanges, with over...
Standard Chartered’s Hong Kong branch, crypto investment firm Animoca Brands, and telecommunications giant HKT have formed a joint venture to issue a stablecoin tied to the Hong Kong dollar. Announced on February 17, the collaboration aims to apply for...
