Circle has released USDCKit, a new tool intended to simplify the integration of USDC payments for businesses. This announcement was made on March 27, 2025, on Circle's official blog. The development of USDCKit comes at a time when the demand for stablecoins is increasing despite market volatility. Stablecoins like USDC ...
Coinbase has been cleared in South Carolina after the state dropped its lawsuit against the cryptocurrency exchange. The lawsuit, initiated by the South Carolina Attorney General’s securities division, accused Coinbase of offering unregistered securities. South Carolina dismissed the case in a joint agreement with Coinbase. Similar Case Dropped by Vermont: ...
A new bill, named the Strategic Digital Assets Reserve Act, has been proposed in South Carolina. This bill aims to establish a state-run Bitcoin reserve with a maximum holding of 1 million BTC. The primary objective of this bill is to provide a hedge against inflation. According to the bill, ...
The European Union’s insurance regulator has proposed a sweeping measure requiring insurers to hold capital equivalent to the full value of their cryptocurrency assets. This initiative, aimed at protecting policyholders, was outlined in a Technical Advice report submitted by the European Insurance and Occupational Pensions Authority (EIOPA) to the European ...
A South Korean court has temporarily lifted the three-month partial business suspension on Upbit, allowing it to accept new clients while a legal battle is ongoing. After reaching a judgment, the court granted an injunction that suspended the suspension order for 30 days. On February 25, South Korea's Financial Intelligence ...
HashKey has launched a new initiative to rate cryptocurrencies and exchanges in Hong Kong in cooperation with the Hong Kong Virtual Asset Rating Company. This initiative is designed to aid local crypto businesses in meeting the Securities and Futures Commission’s regulatory requirements, highlighting the importance of compliance and transparency in ...
A report from Munhwa on March 27 revealed that the Government Public Ethics Committee in South Korea disclosed the personal assets of public officials. It found that 20% of public officials, or 411 out of 2,047, either directly hold or have invested in cryptocurrency. Among the officials with crypto holdings ...
Grayscale’s latest Research Insight report, published on March 26, highlights key projects driving growth in DeFi, data monetization, and on-chain intellectual property management. Despite a broad decline in crypto valuations during Q1 2025 mirroring trends in tech stocks and other high-risk assets, specific sectors continued to see strong development and ...
A coalition of 34 crypto firms and advocacy groups has called on Congress to push back against the Department of Justice's broad interpretation of laws used to prosecute Tornado Cash developers. In a letter dated March 26, they warned that the DOJ's stance regarding unlicensed money transmission could criminalize many ...
As Canada approaches its federal election, its position in the global crypto industry faces uncertainty. Coinbase’s Canadian country director, Lucas Matheson, has warned that while Canada has historically been a leader in digital assets, it risks falling behind and becoming less integrated into the global digital economy without swift regulatory ...
