KAST raises $80 million at $600 million valuation to expand stablecoin payments platform
Funding will support product expansion, licensing and compliance as the company scales a platform for cross-border stablecoin payments....
Read More
Bithumb faces proposed 6-month partial ban over South Korea AML breaches
The suspension, according to local media reports, would only restrict virtual asset transfers for newly registered users, not affecting existing customer operations....
Read More
Crypto Sees $619M Inflows During Iran Crisis As Bitcoin Wins, XRP Loses
Digital asset investment products recorded $619 million in inflows last week despite the Iran crisis, with Bitcoin (CRYPTO: BTC) dominating at $521 million while XRP (CRYPTO: XRP) bled $30.3 million in outflows. The Weekly Flow Pattern Early optimism was evident with inflows of $1.44 billion during the first three...
Read More
U.S. Treasury signals shift on crypto mixers, acknowledges legitimate privacy uses
A congressional report on implementing the Genius Act acknowledges the existence of lawful uses for blockchain privacy tools even as U.S. regulators pursue enforcement cases tied to illicit finance....
Read More
Strategy buys 17,994 Bitcoin for $1.3B
Strategy’s aggressive Bitcoin acquisition strategy could influence corporate treasury practices, potentially increasing market volatility. The post Strategy buys 17,994 Bitcoin for $1.3B appeared first on Crypto Briefing....
Read More
$1.28 Billion Worth of Bitcoin (BTC): Strategy Announces Most Recent Purchase
Strategy, the world’s largest corporate Bitcoin holder, has announced a massive purchase worth $1.28 billion. The firm bought a total of 17,994 BTC at an average price of $70,946 per unit. This may explain last week’s surge in prices. With this, Strategy now holds a whopping 738,731 BTC, which...
Read More
Michael Saylor’s Strategy made $1.3 billion bitcoin purchase last week
The company now holds 738,731 bitcoin purchased for about $56 billion and worth roughly $50 billion at the current price just shy of $68,000....
Read More
Bitcoin Holds $67,000 As ETF Outflows Weigh On Ethereum, XRP, Dogecoin
Bitcoin trades near $67,000 to start the week amid heavy ETF outflows and cautious sentiment; liquidations stand at $387.74 million over the past 24 hours. Bitcoin ETFs saw $348.8 million in net outflows on Friday, while Ethereum ETFs reported $82.9 million in net outflows. Cryptocurrency Ticke Price Bitcoin (CRYPTO:...
Read More
South Korea’s Bithumb faces six-month partial suspension over AML failures
The suspension highlights the increasing regulatory scrutiny on crypto exchanges, potentially reshaping compliance standards industry-wide. The post South Korea’s Bithumb faces six-month partial suspension over AML failures appeared first on Crypto Briefing....
Read More
Nasdaq Teams Up With Kraken to Deliver Tokenized Stocks
Payward, the infrastructure platform behind the popular US-based crypto exchange Kraken, has announced that it will be teaming up with Nasdaq. The initiative aims to develop tokenized equities and further bridge traditional capital markets with blockchain-based financial systems. The move highlights a growing effort within the traditional financial industry...
Read More