Author: CryptoHoppers
TLDR: Kraken met the SEC’s Crypto Task Force to pitch tokenized trading systems for U.S. financial markets. Discussions covered legal frameworks, capital formation, and market access tied to tokenization proposals. Representatives explained how tokenized trading systems could function under U.S. securities laws. Meeting attendees included Kraken executives and WilmerHale attorneys presenting regulatory recommendations. Kraken wants tokenization on Wall Street’s table. The exchange has been pressing regulators to discuss how crypto technology can reshape traditional finance. This week, it took that push directly to Washington. A memorandum shows Kraken executives met with the SEC’s Crypto Task Force to discuss a roadmap…
Katsunobu Katō, a Minister of Finance of Japan, has recommended that the country create a supportive environment for the crypto ecosystem. According to Katō, Japan’s strategies in diversified investment should include cryptocurrencies. During a digital assets forum WebX2025 in Tokyo held on Monday, August 25, the financial minister highlighted digital assets’ capability to fit into broad portfolios. He also mentioned a list of risks encompassing the digital assets. To curb this, Katō stated that establishing a conducive investment atmosphere is essential in reducing these risks. In a statement, he acknowledged that “these crypto assets could be part of diversified investments.”…
Gemini, the cryptocurrency exchange founded by the Winklevoss twins Tyler and Cameron, has unveiled the XRP edition of its Credit Card as it targets the XRP Army. Summary Gemini has launched an XRP edition of the exchange’s crypto credit card. Users can enjoy features such as 4% back in XRP on purchases. The card brings Ripple’s stablecoin to the U.S. spot trading market. The crypto exchange posted an update revealing the launch of the credit card XRP (XRP) edition on Monday, August 25. With crypto adoption and Ripple’s traction getting a major boost via its stablecoin Ripple USD (RLUSD), Gemini…
Key Takeaways Webull has resumed crypto trading for US users after a suspension in 2023. The platform now offers access to over 50 digital assets, including Bitcoin, Ethereum, and Solana. Share this article Online brokerage Webull has resumed crypto trading for US customers after discontinuing the services in the summer of 2023 due to challenges from federal securities regulators, according to a Monday announcement.The brokerage platform, which has more than 24 million customers worldwide, will offer trading in over 50 digital assets, including Bitcoin, Ethereum, and Solana. It has provided crypto services in Brazil since June.Anthony Denier, US CEO and…
Key NotesDeFi TVL surpassed the $160 billion mark.Lido and AAVE are leading the race with their TVLs at new ATHs.Key indicators show that the altseason might have already started. . Most of the leading decentralized finance protocols have recorded notable gains over the past month, as strong retail and institutional interest entered the crypto market. The DeFi total value locked reached over $161 billion for the first time since early April 2021, according to data from DefiLlama. Ethereum is, as usual, leading with its $97.6 billion TVL, followed by Solana’s $11.4 billion. The biggest gainers? The liquid staking protocol Lido…
[…] line with ensuring support for CNTs, Cardano’s Hoskinson noted that the ecosystem has invested $23 million targeted at projects that drive CNT adoption. […] Source link
Web3 gaming is here in a big way. Gamers can own online goods and participate on platforms that connect globally. The DAR Open Network makes developing new ideas possible, and has loads of features that work right now. If you think Web3 is the future of gaming, you need to know DAR Open Network! Web3 Gaming is The Future DAR Open Network sees the power of synergy in the Web3 gaming space. Before we discuss what DAR Open Network offers devs and gamers, let’s understand why Web3 gaming matters. The base of any economy is ownership. Until now, ownership in…
Key Takeaways Bitcoin rallied about 5% on Friday after Powell’s dovish tilt. However, a few hours later, markets appeared split on the September rate cuts. Bitcoin [BTC] bounced back about 5% to $117K immediately after a surprising dovish stance by Fed chair Jerome Powell during the Jackson Hole Symposium on the 22nd of August. Source: BTC/USDT, TradingView Powell hinted at a September rate cut, citing labor-market risks, even as he stressed persistent inflation pressures. “In the near term, risks to inflation are tilted to the upside, and risks to employment to the downside—a challenging situation…Nonetheless, with policy in restrictive territory,…
TLDR: Angola shuts 25 illegal crypto mining sites, seizing $37 million in mining and IT equipment. Interpol operation arrests 1,209 cybercriminals across 18 African countries, targeting 88,000 victims. Zambian authorities dismantle online crypto investment fraud, exposing $300 million in losses. Côte d’Ivoire cracks transnational inheritance scam, confiscating cash, vehicles, and electronics. Authorities across Africa have dismantled large-scale crypto mining and cybercrime networks, arresting more than 1,200 individuals. The INTERPOL-coordinated Operation Serengeti 2.0 targeted criminal operations affecting tens of thousands of victims. Millions of dollars in stolen funds were recovered, and illicit infrastructures were shut down. Investigators from 18 African countries…
Key Takeaways Six firms filed S-1 amendments for spot XRP ETFs while Grayscale submitted a new filing for its XRP Trust ETF. Powell’s signal of September rate cuts drove Ethereum to a new all-time high and lifted XRP 10% to $3.10. Share this article Six major asset managers, Bitwise, Canary Capital, CoinShares, Franklin Templeton, 21Shares, and WisdomTree, filed S-1 amendments for spot XRP exchange-traded funds with the Securities and Exchange Commission on Friday. Grayscale, meanwhile, submitted a new S-1 registration statement for its planned Grayscale XRP Trust ETF.The simultaneous filings represent a coordinated wave of activity as issuers position for…