Bullish, the digital asset platform and infrastructure provider that debuted on the New York Stock Exchange last month, has secured regulatory approval to expand its operations in the United States — a key milestone as exchanges seek a clearer footing in one of crypto’s most scrutinized markets. Bullish announced Wednesday that its US arm, Bullish…
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Binance is reportedly in talks with the US Department of Justice (DOJ) to remove a key oversight measure from its 2023 settlement agreement — a change which, if approved, could ease regulatory and compliance pressures on the cryptocurrency exchange. According to Bloomberg, which cited people familiar with the discussions, the DOJ is weighing whether to…
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Bitcoin mining stocks extended their recovery in September, outpacing Bitcoin even as industry economics remain under pressure and hardware payback periods stretch longer. According to The Miner Mag’s latest industry update, shares of Cipher Mining (CIFR), Terawulf (WULF), Iris Energy (IREN), Hive Digital Technologies (HIVE) and Bitfarms (BITF) surged between 73% and 124% over the…
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New batches of cryptocurrency exchange-traded funds (ETFs) from REX and Osprey have cleared the US Securities and Exchange Commission’s (SEC) 75-day review window and are expected to begin trading by Friday, according to Bloomberg Intelligence analyst Eric Balchunas. “Post-effective means that it’s going to launch, basically,” Balchunas told Cointelegraph in a phone interview, referring to…
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Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, said Tuesday it will issue 385 million new shares to expand its Bitcoin holdings and related businesses. The shares will be sold through an international offering outside Japan at 553 yen ($3.75) each, raising an estimated 212.9 billion yen ($1.44 billion), the company…
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Users of the Binance cryptocurrency exchange deposited $1.65 billion in stablecoins, a large inflow often seen as a precursor to renewed demand for spot cryptocurrencies following the recent market sell-off. The deposit coincided with nearly $1 billion in Ether (ETH) withdrawals from Binance, according to onchain analytics provider CryptoQuant. It also marked the second time…
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While the US GENIUS Act is being celebrated as a market catalyst for stablecoin adoption, Japan’s earlier reforms show the flip side: Clarity doesn’t automatically translate into immediate real-world utility. Japan had the world’s first comprehensive stablecoin regime in 2023, but adoption has been muted. Licensed issuers exist on paper, yet there’s no thriving yen-stablecoin…
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Update (Aug. 27 at 14:10 UTC): This article has been updated to state that the letter was sent to IOSCO and ESMA. Exchange industry associations have asked global regulators to curb the growth and adoption of tokenized stocks, arguing that these products do not represent actual equities and expose investors to significant risks. Reuters reported…
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Exchange industry associations and global regulators are joining forces to curb the growth and adoption of tokenized stocks, arguing that these products do not represent actual equities and expose investors to significant risks. According to Reuters, the European Securities and Markets Authority (ESMA), the International Organization of Securities Commissions (IOSCO), and the World Federation of…
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The US-led trade war is having major repercussions for the Bitcoin mining industry, with looming disputes with Customs and Border Protection (CBP) potentially exposing American companies to massive liabilities. That was a key takeaway from The Miner Mag’s latest Bitcoin Mining Update, which examined how mining firms are navigating a complex tariff environment shaped by…
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