Crypto Assets Could Enter Insurers’ Portfolios as Hong Kong Reviews Capital Rules
Hong Kong regulators are reviewing capital requirements for insurers, a move that could eventually open the door for insurance companies to hold cryptocurrencies and other digital assets as part of their investment portfolios. The review signals a cautious but notable shift in how one of Asia’s leading financial hubs is approaching crypto integration within traditional […]
Fed Seeks Public Input on Account Structure Tailored to Crypto Firms
The Federal Reserve has opened a consultation process to gather feedback on whether a new type of account could be designed to better serve cryptocurrency firms and other nontraditional financial institutions. The move signals a cautious but notable step by the U.S. central bank as it evaluates how its services might evolve alongside the growth […]
Hyperliquid Governance Vote Seeks Permanent Removal of $1 Billion Assistance Fund
Decentralized trading platform Hyperliquid is holding a governance vote that could permanently sideline its $1 billion Assistance Fund, a move that has sparked debate across its community and the wider decentralized finance sector. The proposal, which is currently under consideration by token holders, would effectively lock the fund out of future protocol operations, marking a […]
SEC Lawsuit Casts Uncertainty Over Shima Capital as Apparent Wind-Down Message Emerges
The future of crypto-focused venture firm Shima Capital has been thrown into doubt following a lawsuit filed by the United States Securities and Exchange Commission, after a message suggesting the firm may be winding down operations began circulating publicly. The legal action and the subsequent message have raised concerns among founders, limited partners, and the […]
$1B in BTC, ETH, SOL & Top Altcoins Liquidated in Crypto Market Crash
Since October, a total of $1.35 trillion in market cap has been lost due to today’s crypto market crisis. A total of $1b was spent on the liquidation of popular altcoins, including BTC, ETH, XRP, and SOL. With $1.35 trillion in market capitalization lost since October, the cryptocurrency market meltdown shows no signs of abating. […]