Taiwan to Pilot Crypto Custody Services Through Local Banks in 2025
Taiwan seeks to promote institutional cryptocurrency adoption as regulators endeavor to pilot crypto custody services through local institutions in the first quarter of 2025. Central News Agency, a local media outlet, reported on October 8 that Taiwan’s Financial Supervisory Commission (FSC) is preparing to initiate an institutional trial of crypto custody services. Three private banks […]
Crypto.com’s Nadex Lists 4 Memecoin Derivatives
Nadex, the North American derivatives exchange of Crypto.com, has included derivatives contracts associated with memecoins such as FLOKI and PEPE in a recent filing to the US CFTC. According to the filings, Nadex has also included derivative products associated with Dogelon Mars (ELON) and BONK. According to CoinMarketCap, the aggregate market capitalization of the four […]
Samsung Pay Integrates Alchemy Pay for Crypto Payment Option
Alchemy Pay will integrate its virtual cards with Samsung’s contactless payment utility, introducing an additional cryptocurrency payment method to Samsung Pay. Alchemy Pay, a significant crypto payment provider with over one million registered customers, has recently implemented a new Samsung Pay integration on one of its virtual cards. Alchemy Pay announced on October 8 that […]
Crypto.com Sues US SEC to ‘Protect the Future of Crypto’
Crypto.com exchange is filing a lawsuit with the US Securities and Exchange Commission to safeguard the future of the crypto industry in the United States. On Oct. 8, Kris Marszalek, the co-founder and CEO of Crypto.com, announced on X that the company had filed a lawsuit against the US Securities and Exchange Commission(SEC). “This unprecedented […]
ETH Users Stake One-third of Total Token Supply
Token holders have demonstrated a long-term interest in the crypto asset and the rewards it can provide by staking nearly one-third of all Ether. On October 8, IntoTheBlock, an onchain data provider, disclosed that 28.9% of all Ether had been staked. According to the data platform, the percentage of ETH staked was 23.8% in January, […]