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Aave Labs gets UK licenses for crypto payments

Aave Labs gets UK licenses for crypto payments 1

Aave Labs’ United Kingdom subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., have secured registration as cryptoasset exchange providers from the Financial Conduct Authority (FCA). This development signifies a crucial step for one of the leading decentralized finance protocols…

Trump Admin Stays Firm on No CBDC Policy

Trump Admin Stays Firm on No CBDC Policy 3

U.S. Treasury Secretary Scott Bessent has unequivocally stated that the current administration will not pursue a central bank digital currency (CBDC). This position signals a definitive stance against a digital form of currency directly issued and governed by the nation’s…

Paxos Becomes First SEC-Registered Clearing Agency

Paxos Becomes First SEC-Registered Clearing Agency 5

Paxos Achieves Landmark SEC Registration for Clearing and Settlement Services Paxos, a prominent blockchain infrastructure company, has announced that its subsidiary, Paxos Securities Settlement Company (PSSC), has successfully obtained registration as a clearing agency from the U.S. Securities and Exchange…

Chamber Urges Congress to Pass Crypto Clarity Act

Chamber Urges Congress to Pass Crypto Clarity Act 7

The Digital Chamber, a prominent cryptocurrency advocacy group, has launched a new initiative urging legislative action on the Clarity Act. This campaign aims to galvanize public support and encourage lawmakers to pass comprehensive cryptocurrency regulation into law within the current…

ICE Explores On-Chain Derivatives with Hyperliquid

ICE Explores On-Chain Derivatives with Hyperliquid 9

Jeffrey Sprecher, chair and CEO of Intercontinental Exchange (ICE), has articulated the company’s objective to establish regulatory parity for onchain perpetual futures trading. This statement follows reports indicating that ICE and CME Group have engaged with regulatory bodies to advocate…

Kalshi Sues Minnesota Over New Prediction Market Law

Kalshi Sues Minnesota Over New Prediction Market Law 11

Kalshi Challenges Minnesota Law, Asserting Federal Jurisdiction Over Prediction Markets Kalshi, a prominent prediction markets platform, has initiated legal action against the state of Minnesota, challenging a recently enacted law that prohibits prediction market operations within the state. The law,…

OKX Invests $53M in 20% Coinone Stake

OKX Invests $53M in 20% Coinone Stake 13

OKX Ventures, the investment division of the global cryptocurrency exchange OKX, has announced a strategic investment of $53 million to acquire a 19.6% stake in Coinone, a prominent digital asset exchange operating under South Korea’s licensed framework. This move positions…

USAT Supply Surges 540% Amid Tether Growth

USAT Supply Surges 540% Amid Tether Growth 15

Tether’s regulated digital dollar offering, USA₮ (USAT), has experienced a significant surge in adoption, with its circulating supply growing by nearly 540% month-over-month in April. According to the latest attestation from issuer Anchorage Digital Bank, the number of USAT tokens…

Gemini Unveils Grok-Powered AI Data Feed

Gemini Unveils Grok-Powered AI Data Feed 17

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has announced the deployment of “Command Center,” a new proprietary AI-driven market feed. This innovative platform is engineered to provide users with personalized, real-time market insights, signals, summaries, and predictive analytics.…