Author: Assad Jafri

Kraken and Crypto.com are among crypto exchanges developing their own stablecoins in response to the EU’s new regulatory framework, which is set to tighten oversight on third-party issuers, Bloomberg News reported on Feb. 21. The move comes as the Markets in Crypto-Assets (MiCA) regulation, which took effect in January…

French lender Societe Generale’s unit SG-FORGE launched its euro-backed stablecoin, EUR CoinVertible (EURCV), on the Stellar blockchain, expanding its multichain strategy and reinforcing compliance with the EU’s Markets in Crypto-Assets (MiCA) regulation. The move aims to provide businesses and financial institutions with a secure, transparent, and scalable digital euro option…

The Bank of New York Mellon (BNY Mellon) disclosed holdings of more than $13 million in Bitcoin exchange-traded funds (ETFs) at the end of the fourth quarter, marking another sign of traditional financial institutions increasing their exposure to digital assets. According to a newly filed disclosure with the SEC…

Jupiter Exchange, a leading decentralized trading aggregator on Solana, announced plans to allocate 50% of its protocol fees toward repurchasing and locking JUP tokens for three years, starting Feb. 17. The initiative, which aims to reduce circulating supply and increase long-term stability, is part of Jupiter’s broader strategy to enhance platform sustainability and drive deeper

Robinhood CEO Vlad Tenev warned that the US could lose its competitive edge in financial markets if regulators fail to provide clear rules for tokenized securities. In a Jan. 28 op-ed for The Washington Post, Tenev argued that blockchain-based financial assets could broaden investment opportunities, allowing retail investors to participate in the early growth of