The UK is considering ramping up its bill issuance program, a move that could develop sterling money markets and meet demand from potential new buyers such as stablecoin issuers.
Bitcoin's latest downturn is exposing a fundamental shift as the dramatic price swings that once drew in retail risk-takers have softened, reflecting Wall Street's growing influence on crypto's market plumbing.
Naver Corp. agreed to acquire Dunamu Inc., operator of South Korea's biggest crypto exchange Upbit, in an all-stock deal valued at around $10.3 billion, as the internet giant seeks to cement its foothold in the country's digital-assets market.
Asian stocks extended their gains into a third day, tracking advances on Wall Street as weak US consumer data lifted bets on a Federal Reserve interest-rate cut next month.
Returns from new US listings have waned considerably this quarter and the crypto crash has made recent IPOs in the sector among the biggest casualties, creating a higher bar for companies such as Grayscale Investments Inc. and BitGo Holdings Inc. to ...
The South African Reserve Bank warned that a lack of comprehensive regulations for crypto assets and stablecoins has emerged as a new risk, posing significant threat to the country's financial sector.
Binance Holdings Ltd. faces a lawsuit claiming the cryptocurrency platform "knowingly facilitated" crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages.
Asian stocks tracked Wall Street's gains as confidence grew over a potential Federal Reserve interest-rate cut in December and technology shares rebounded.
Mike Novogratz's Galaxy Digital Inc. is in discussions with Polymarket and Kalshi Inc. about becoming a liquidity provider on their platforms, as prediction markets continue to capture retail demand and pique interest on Wall Street.
Exchange-traded funds investing in Bitcoin are heading for their worst month of outflows since launching nearly two years ago, piling yet more pressure on a jaded crypto market.