India is reassessing its cryptocurrency regulations as global policies evolve, with officials revisiting a discussion paper that could reshape the country’s approach to digital assets.
India May Soften Crypto Stance as US Embraces Bitcoin
India is reexamining its stance on cryptocurrency regulations as international perspectives on digital assets shift, Reuters reported Sunday, citing Economic…
USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers
January 31, 2025
Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves.
Tether Transitions Arbitrum USDT to USDT0
Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without…
No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat
January 31, 2025
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment.
FOMC Monetary Policy Unmoved
At its…
French authorities have launched a judicial investigation into Binance, one of the world’s largest cryptocurrency exchanges, over allegations of money laundering, tax fraud, and unauthorized financial operations. The Paris public prosecutor’s office confirmed that the probe spans from 2019 to 2024, focusing on potential illicit activities involving Binance’s platform.
The investigation…
US Lawmaker Moves to Block SEC Overreach in Coinbase Case
January 30, 2025
The SEC’s “un-American” crackdown on crypto is driving innovation overseas, a U.S. senator warned, backing Coinbase in a pivotal legal battle over digital assets.
US Senator Calls SEC’s Crypto Approach ‘un-American’
U.S. Senator Cynthia Lummis of Wyoming is…
Scott Bessent Named U.S. Treasury Secretary, Backed by Crypto
January 30, 2025
Scott Bessent, a billionaire hedge fund manager, is now the 79th U.S. Treasury Secretary under Trump. Crypto leaders, including Ripple’s Brad Garlinghouse, celebrate his pro-innovation stance, anticipating major policy shifts.
Scott Bessent Confirmed as Treasury Secretary…
According to Forbes’ research of retail crypto traders, asset safety remained the most critical feature that exchange users want.
Crypto Users Have Crossed the 500 Million Mark Globally
Forbes has released its third annual “Best Crypto Exchange” ranking, evaluating over 200 firms based on security, trading volume, fees, and regulatory compliance.
Topping the list is CME Group, a…
Ripple CEO Calls for National Crypto Reserve Beyond BTC and XRP
January 29, 2025
Ripple’s CEO championed collaboration over crypto maximalism, pushing for a multichain reserve featuring BTC, XRP, and others while rejecting division as progress’s enemy.
Ripple CEO Advocates for Multichain Representation in Government Crypto Reserves
Ripple CEO Brad…
Ripple’s latest licensing wins in New York and Texas solidify its position in blockchain-powered payments, enabling compliant, real-time cross-border solutions for growing institutional demand.
Ripple Secures Key Licenses to Strengthen Cross-Border Payments
Ripple has…
Australian Monochrome Asset Management Files for Litecoin ETF
January 29, 2025
Monochrome Asset Management, an Australian investment firm, has officially filed for a spot Litecoin (LTC) exchange-traded fund (ETF) with Cboe Australia. If approved, this would mark the first spot Litecoin ETF in the country, expanding institutional investment opportunities in the cryptocurrency market.
The firm is no stranger to crypto ETFs, as it already manages a $50 million Bitcoin ETF and a…
