Kraken to Launch DLT Crypto Services in Germany
Cryptocurrency exchange Kraken is growing its presence in European markets with a collaboration to serve German clients. A press statement states that Kraken has achieved a deal to provide digital asset conveniences for users in Germany with DLT Finance, a trademark of crypto service providers DLT Securities GmbH and DLT Custody Gmbh, which holds a […]
Philippines SEC to Release Crypto Rules in Late 2024
In the second half of 2024, the Philippine Securities and Exchange Commission (SEC) hopes to establish a regulatory framework for cryptocurrencies. Emilio B. Aquino, the chair of the SEC, reportedly stated in a local article that the guidelines will work to control cryptocurrency trading in the country while maintaining investor protection. Aquino disclosed the information […]
Robinhood Receives Wells Notice from U.S SEC
The U.S. SEC has sent Robinhood Markets Inc. a Wells notice alerting it to the possibility of an enforcement action for its cryptocurrency business. According to a regulatory filing submitted on Monday, the SEC’s staff has issued a preliminary determination and recommended that the agency take enforcement action against Robinhood Crypto for its cryptocurrency listings, […]
USDh Synthetic Dollar to Launch with 25% Yield
The first Bitcoin-native synthetic dollar USDh is looking to launch by June and promises a 25% yield. The new synthetic dollar, USDh, is expected to provide users with yields of up to 25% when released in June, according to an announcement by Hermetica that was shared with Cointelegraph. Jakob Schillinger, founder and CEO of Hermetica […]
Runes Leads Transactions on Bitcoin Network
Regarding daily transactions, Bitcoin Runes has reclaimed the leading position on the network, surpassing the original Bitcoin, Ordinals, and BRC-20 tokens. Launching on April 20, the Runes protocol aimed to improve the performance of BRC-20, an experimental standard for fungible tokens on the Bitcoin blockchain. This event occurred concurrently with the fourth Bitcoin halving. According […]