Key Takeaways Kazakhstan’s National Bank plans to launch a centrally managed crypto asset reserve subject to new legislation. Crypto trading in Kazakhstan is only allowed on licensed exchanges, with strict controls enforced by local banks. Share this article Kazakhstan’s National Bank is actively developing a framework to establish a crypto-asset reserve, following a proposal from…
Spanish authorities, supported by Europol and enforcement teams from France, Estonia, and the United States, have taken down a sprawling crypto money laundering operation that moved over $540 million in criminal proceeds. Five people have been arrested in connection with the scheme. Three of them were found in the Canary Islands, and the other two…
Spanish authorities, supported by Europol and law enforcement from Estonia, France, and the United States, have dismantled a major cryptocurrency investment fraud network responsible for laundering €460 million, worth almost $540 million, stolen from over 5,000 victims across the world. On June 25th, the Guardia Civil arrested five individuals, three on the Canary Islands and…
Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by Circle Internet Group. If approved, the new entity, First National Digital Currency Bank, N.A., would…
Key Takeaways Kraken has launched tokenized stock trading for 60 major US equities including Apple and Tesla. The xStocks service allows trading of digital shares 24/5, excluding US residents. Share this article Backed Finance, a pioneer in bringing traditional financial assets on chain, is launching xStocks, a suite of over 60 tokenized stocks and ETFs,…
Metaplanet has made headlines yet again with the expansion of its Bitcoin treasury. The Japanese company now holds 13,350 Bitcoin – propelling it to the fifth-largest corporate Bitcoin holder globally, beating Tesla, Coinbase and more. In its latest move, Metaplanet purchased a $108 million purchase of 1005 BTC. The move comes as part of an…
The report, carried out by the Hana Financial Research Institute, a research firm specializing in financial markets and economic trends, analyzes current investor tendencies and future intentions. Of the participants in the survey, 27% reported that they own crypto, with the average investment being around $10 million won (just shy of $7.4k), which accounts for…
The Iran and Israel war came to a halt as the USA intervened. Owing to this, safe haven assets like gold and silver saw a decline in prices. The bias in gold has now changed to sell; however, a retracement can be expected this week to major key levels from where traders can look to…
Key Takeaways Circle is seeking a national trust bank charter to manage its USDC reserves and offer tokenized asset custody. The move comes as Congress advances stablecoin legislation expected to be signed into law by President Trump. Share this article Circle filed today for a national trust bank charter with the US Office of the…
Notcoin price is up 12% from April 2025 lows. NOT crypto is bouncing strongly after the Nobitex hacker burned 2% of the total NOT supply. Will NOTUSDT extend gains and march to May 2025 highs? Notcoin holders have had a rough few months. Barely a year after NOT ▲2.17% crypto soared to an all-time high…
