Cryptocurrency Latest News & Updates
Europe wants stablecoins off exchanges. What happens to coins customers still hold?
ESMA has given national supervisors three months to resolve existing positions in stablecoins that do not meet MiCA rules. Trading was only one part of the problem. Summary EU supervisors have told licensed crypto firms to stop providing services involving unauthorised stablecoins, including custody and transfers. Existing positions may be liquidated, converted, withdrawn or transferred under a limited and supervised exit process. The three month...
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Standard Chartered plans institutional crypto custody service in Singapore
Standard Chartered has announced plans to introduce digital asset custody services in Singapore for institutional and accredited investor corporate clients, covering selected cryptocurrencies, stablecoins and tokenized real-world assets. Summary Standard Chartered plans to introduce custody services for selected cryptocurrencies, stablecoins and tokenized assets for institutional clients in Singapore. The proposed service will operate alongside t...
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Robinhood adds Bitcoin to balance sheet with $25 million purchase
Robinhood has added $25 million worth of Bitcoin to its balance sheet as the trading platform puts company capital behind a crypto business spanning trading, tokenized stocks, derivatives and blockchain infrastructure. Summary Robinhood has added $25 million worth of Bitcoin to its balance sheet, with crypto chief Johann Kerbrat describing the purchase as an effort to align the company with the crypto community. The purchase comes as Robinhood ex...
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