Cryptocurrency exchange Coinbase is one step closer to relaunching its services in India after securing a license with the country’s Financial Intelligence Unit (FIU). On March 11, the crypto exchange revealed on social media that “we’re approved to launch in India,” which prompted a follow-up from Coinbase’s chief legal officer, Paul Grewal. “Coinbase is now…
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US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digital asset oversight. Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, is scheduled to testify before the House Financial Services Committee, urging lawmakers to establish “cross-jurisdictional reciprocity” in stablecoin regulations….
Ether is struggling to reverse a near three-month downtrend as macroeconomic concerns and continued selling pressure from US Ether exchange-traded funds (ETFs) weigh on investor sentiment. Ether (ETH) has fallen by more than 53% since it began its downtrend on Dec. 16, 2024, when it peaked above $4,100, TradingView data shows. The downtrend has been…
Deutsche Boerse’s trading unit, Clearstream, is preparing to launch cryptocurrency custody and settlement services for institutional clients in 2025 amid increasing demand for regulated digital asset infrastructure. The German exchange group plans to offer Bitcoin (BTC) and Ether (ETH) custody to its more than 2,500 institutional clients, with services expected to begin in April, according…
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Global investment firm VanEck registered an Avalanche exchange-traded fund (ETF) in the United States, hinting at a forthcoming filing for a spot AVAX ETF. VanEck, on March 10, registered a new cryptocurrency investment product called VanEck Avalanche ETF in Delaware, according to public records on the official Delaware state website. Similar to other crypto ETF filings by…
Opinion by: Tim Haldorsson, founder of Lunar Strategy When US President Donald Trump announced the US strategic crypto reserve on March 2, the immediate focus fell on the price surges of the included coins. Behind the market excitement lies a much bigger story that extends far beyond the named assets themselves. The real opportunity lies…
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Solana network revenue and total value locked onchain have collapsed in the past two months as interest in memecoins has continued to taper off. Weekly network revenue on the Solana blockchain hit a record high of $55.3 million in mid-January amid the height of the memecoin minting frenzy. However, revenue has since tanked 93% to…
