Tag: News

IMF Bows To Bitcoin—Global Economic Standards Overhauled

The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for example, has a...
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Hong Kong Stablecoin Licensing Regime Takes Effect

Hong Kong’s stablecoin licensing framework officially went live on August 1. This is the first time the city has introduced a legal structure specifically for fiat-pegged digital tokens. The move puts the Hong Kong Monetary Authority (HKMA) in charge of approving which firms can issue stablecoins and how they...
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FCA Opens the Door to Crypto ETNs for UK Retail Investors

The Financial Conduct Authority has cleared the path for retail investors in the UK to access crypto exchange-traded notes, or ETNs, starting October 8. These products, which track the price of assets like Bitcoin and Ethereum, will now be available through Recognised Investment Exchanges. This officially ends a ban...
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Ethereum Chain Dominates RWA Market With 83.69% Share

Ethereum is attempting to hold the crucial $3,600 support level after a modest pullback from recent highs. Despite the short-term correction, ETH remains one of the strongest performers in the crypto market, having surged over 85% since late June. Bulls continue to show strength, supported by weeks of sustained...
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Teucrium Funds CEO Reveals XRP Fund Is Most Successful In 16-Year History

Teucrium Trading, a firm traditionally known for its agriculture-based Exchange Traded Fund (ETFs), has made headlines with an unexpected and highly successful pivot into the cryptocurrency market. In a recent appearance on CNBC’s “ETF Edge,” Sal Gilbertie, the President and CEO of Teucrium Funds, announced that the firm’s leveraged...
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Visa Adds More Stablecoin Support, Taps Stellar and Avalanche Chains

Visa continues its journey into the ever-evolving world of cryptocurrency and blockchain, adding support for more coins and chains to boost its versatility. Meanwhile, stablecoins remain one of the leading trends in adoption during this year. A Bit of Everything In a press release shared with investors, Visa, the...
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Bitcoin Coinbase Premium Index Has Turned Negative Amid Current Market Volatility

The broader crypto market is facing heightened volatility, and Bitcoin, the largest digital asset, has experienced a pullback to the $116,000 threshold. With the market under bearish pressure, several key Bitcoin metrics are beginning to move into negative territory, sparking concerns in the market. Waning Bitcoin Coinbase Premium Index...
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