Australia unveils crypto licensing proposal with steep penalties

Australia has unveiled draft legislation that would require digital asset platforms to obtain licenses, with penalties of up to 10% of annual turnover for breaches. Australia has proposed new licensing rules for digital asset platforms, setting out tough penalties for…...
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Solstice Announces Strategic Collaboration With Chainlink and Leading Custody and Venture Firms To Enhance Ecosystem Ahead of USX Stablecoin Launch

[PRESS RELEASE – Zug, Switzerland, September 24th, 2025] Solstice Finance, the synthetic stablecoin and yield generating protocol, today announces strategic collaboration with Chainlink, Ceffu, Copper, and Arcanum designed to strengthen Solstice’s infrastructure, cross-chain compatibilities, settlement opportunities, and market reach. This builds on top of their staking operation with $1B...
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South Korean Crypto Exchange Upbit To Be Acquired by Naver: Report

South Korean crypto exchange Upbit is about to be acquired by internet giant Naver, according to a report. The deal would bring Upbit’s parent Dunamu under the umbrella of Naver Financial, making Dunamu a full subsidiary of Naver’s financial arm, the report said. Upbit is one of the largest...
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Bitcoin Loses Correlation With M2 Money Supply, Which Hits ATH

Bitcoin has not tracked global M2 money supply with such a large lag since May, observed the head of growth at Theya, Joe Consorti, on Wednesday. BTC is now lagging behind money supply growth by around 70 days, whereas gold has maintained an almost perfect correlation. It is a...
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