HashKey Group, operator of one of Hong Kong’s licensed crypto exchanges, has opened subscriptions for its initial public offering (IPO) ahead of an expected listing next week. HashKey is seeking to raise up to 1.67 billion Hong Kong dollars ($214.7 million) in an IPO that is scheduled to debut on Dec. 17, according to a … Read more
The Commodity Futures Trading Commission announced the launch of a U.S. digital assets pilot program that will allow bitcoin, ethereum and the stablecoin USDC to be used as collateral in regulated derivatives markets, marking another major policy shift in how U.S. regulators approach tokenized assets. The move includes new guidance for tokenized collateral, a limited … Read more
Stablecoin issuer Circle has secured regulatory approval to operate as a financial service provider in the Abu Dhabi International Financial Center, deepening its push into the United Arab Emirates. In an announcement Tuesday, Circle Internet Group said it received a Financial Services Permission license from the Financial Services Regulatory Authority of the Abu Dhabi Global … Read more
Bitcoin (BTC) retail investors are setting new records as “structural decline” sets in this bull market. Key points: Bitcoin entities holding up to 1 BTC are sending less per day to Binance than ever before. A tale of “structural decline” comes in the era of spot Bitcoin ETFs. Whale positioning hints at a new BTC … Read more
Non-fungible tokens (NFTs) have fallen to their lowest monthly sales volume this year, with digital collectibles declining by over 66% in market capitalization from their January highs. CryptoSlam data shows that NFT sales declined to $320 million in November, about half of the $629 million recorded in October. The drop pulled the monthly volumes back … Read more
Tensions between blockchain platform Mantra and crypto exchange OKX are rising after Mantra accused the exchange of posting incorrect information about its token migration. In a Monday X post, Mantra CEO John Patrick Mullin urged users of centralized cryptocurrency exchange (CEX) OKX to withdraw their Mantra (OM) tokens and cut their “dependency” on the platform. … Read more
The US Securities and Exchange Commission has officially dropped its investigation into the New York-based tokenization platform Ondo Finance, which it initiated in 2023. Ondo Finance received formal notice that a confidential, multi-year SEC investigation into the platform has been closed without any charges, the company announced on Monday. “The probe examined whether Ondo’s tokenization … Read more
Funds that track a basket of cryptocurrencies are likely to rocket in popularity next year as investors look to get easy exposure to a broader range of digital assets, according to Bitwise’s investment chief Matt Hougan. “Crypto index funds are going to be a big deal in 2026,” Hougan said in a note on Monday. … Read more
There are at least 400,000 fewer Bitcoin on exchanges compared to the same time last year, in a positive sign for the market, according to the market intelligence platform Santiment. Over 403,000 Bitcoin (BTC) have moved off exchanges since Dec. 7, 2024, representing roughly 2% of the total supply, Santiment said in an X post … Read more
Stablecoin giant Tether has announced it is one of the backers of an $81 million funding round for an Italian artificial intelligence startup aiming to build advanced humanoid robots. The 70 million euro funding round for startup Generative Bionics was led by the AI fund of CDP Venture Capital, with participation from Tether, AMD Ventures, … Read more