California Fines Crypto Wealth Platform Nexo $500K Over 'Unlicensed' Loans
Nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in three years....
Jan 16DecryptcryptocurrencyImpact
Nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in three years....
Franklin Templeton is amending institutional money market funds to support stablecoin reserves and onchain cash use without launching new crypto-native products....
The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use of its data centers....
Bitcoin ETFs led with a $1.42 billion netflow as digital asset funds saw their highest inflows since October last week....
State Street said its new crypto platform would help clients build tokenized money market funds, exchange-traded funds, and products such as tokenized deposits and stablecoins....
Advocates for the incarcerated Samourai Wallet developers have argued that the DOJ liquidated the Bitcoin funds against the president’s wishes....
Security failures don’t just drain funds, they often destroy trust, leaving most hacked crypto projects unable to recover despite fixing the technical flaws....
Since mid-2023, Binance Australia users have only been able to deposit or withdraw fiat funds from their crypto exchange accounts via debit or credit card....
At the World Economic Forum, Circle CEO Jeremy Allaire rejected claims that stablecoin yields could spark bank runs, pointing to money market funds and broader shifts in finance....