Asia Morning Briefing: SEC’s In-Kind BTC, ETH ETF Redemption Shift Happened Years Ago in Hong Kong
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours...
Tornado Cash Developer Roman Storm Will Not Take the Stand, Lawyers Say
NEW YORK — Roman Storm, the Tornado Cash developer standing trial in Manhattan on charges that the privacy tool he created helped hackers and...
MARA Shares Jump as Q2 Revenue Beats Wall Street’s Expectations Thanks to Surging BTC Price
Bitcoin miner MARA Holdings (MARA) shares jumped nearly 4% in post-market trading after the company posted record revenue for its second quarter, beating Wall...
Samourai Wallet Devs Expected to Plead Guilty to Money Laundering Charges
The co-founders of Samourai Wallet are expected to plead guilty to charges that, via their bitcoin mixing service, they helped hackers and other cyber...
Michael Saylor’s Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds
Strategy (MSTR), the largest corporate owner of bitcoin (BTC), said on Tuesday it has acquired roughly $2.4 billion worth of BTC using the funds...
SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs
The U.S. Securities and Exchange Commission (SEC) has approved the use of in-kind creation and redemption processes for all spot bitcoin (BTC) and ethereum...
Hong Kong Releases Guidance on Strict Rules for Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) released guidance on Tuesday for stablecoin licensing, outlining strict capital, reserve, governance and technology standards for issuers seeking...
New Lummis Bill Would Back Effort to Ensure Crypto Assets Can Justify U.S. Mortgages
The digital assets industry’s most reliable U.S. Senate ally, Cynthia Lummis, has introduced her latest crypto bill, which would ensure mortgage borrowers could use...
DOGE, SOL and XRP Lead Altcoin Losses as Rate Jitters and Leverage Unwind Hit Crypto
Altcoins slid sharply Tuesday as traders braced for a wave of economic events, including a Federal Reserve interest rate decision due Wednesday. Leading the...