Bitwise Adds In-Kind Redemptions to DOGE and APT ETF Filings
Bitwise Asset Management has updated its ETF proposals for Dogecoin (DOGE) and Aptos (APT) to include in-kind creation and redemption mechanisms. This marks a significant step toward aligning these altcoin ETFs with the structures seen in approved Bitcoin and Ethereum funds, potentially paving the way for broader institutional adoption. The new filings, submitted this week, […]
Kraken Unveils Krak: A New Peer-to-Peer Payment App for Crypto and Fiat
Global cryptocurrency exchange Kraken has launched a brand-new peer-to-peer (P2P) payment platform called Krak, allowing users to send and receive both cryptocurrency and fiat money with ease. The app marks a significant step for Kraken as it moves beyond traditional crypto trading and into global financial services. Krak aims to provide users with a seamless […]
Coinbase to Debut US-Based Perpetual Crypto Futures on July 21
Coinbase is set to launch its first-ever perpetual-style crypto futures in the United States on July 21. The move marks a major milestone in the evolution of regulated crypto derivatives within the country. Previously limited to offshore platforms, perpetual futures trading will now be available to U.S. traders in a regulated and accessible format. What […]
FHFA Orders Preparation to Count Cryptocurrency as Mortgage Asset
The Director of the Federal Housing Finance Agency (FHFA) has officially ordered major housing entities to begin preparing to recognize cryptocurrency as an asset in mortgage applications. The directive, which targets government-sponsored enterprises such as Fannie Mae and Freddie Mac, calls for the inclusion of digital currencies like Bitcoin and Ethereum when evaluating borrowers’ financial […]
Russia’s New Stablecoin A7A5 Sparks Concern Over Links to Sanctioned Crypto Exchange
A new ruble-pegged stablecoin called A7A5 has surfaced in Kyrgyzstan, quickly attracting global attention for its massive transaction volume and controversial connections. Within just a few months of its launch, A7A5 has processed an astonishing $9.3 billion despite only having around $156 million in circulating supply, raising serious questions about its true purpose and the […]