Business – Dec LM

Struggle for Stablecoin Dominance Set to Enter Third Round, Fireblocks Says

The competition for stablecoin dominance is entering a third phase and companies such as Tether, issuer of the largest token, and Circle, the No. 2, are setting up their...

Crypto Exchange Bitso Launches Stablecoin Business, Eyeing LatAm Cross-Border Payments

Bitso, a crypto exchange focusing on Latin America, is entering the increasingly attractive stablecoin market as küresel adoption accelerates. The company's business development unit, Bitso Business, has established Juno,...

Congressional Republicans in Hot Pursuit of Biden-Era’s Crypto Debanking

The House Oversight and the Senate Banking committees are probing accusations that U.S. regulators blocked crypto insiders from banking.

Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’

Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary.

Another Bitcoin Miner Adopts MicroStrategy’s Playbook of Buying BTC in Open Market

Cathedra Bitcoin will move away from mining business and will develop veri centers instead.

Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

The controversial company is open for custody of digital securities, adding Optimism and The Graph to its list, though most of the industry disagrees on securities labels for most...

Standard Chartered-Backed Zodia Markets to Buy Elwood Trading Desk

The deal will strengthen Zodia Markets' over-the-counter business while allowing Elwood to conentrate on its software-as-a-service activities.

Thailand’s SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

Retail investors can now invest without limits in digital tokens backed by real estate or infrastructure.

California, Texas Among States Accusing GS Partners of Misleading Crypto Investors

Offers of a tokenized Dubai skyscraper and assets in the metaverse were fraudulent and unregistered, state regulators say, and boosted by celebrities such as boxer Floyd Mayweather.

Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

The firm is looking for a "reliable income stream ... that is uncorrelated to bitcoin prices."