Grosscrypto News

Paxos acquires Fordefi to power stablecoin, tokenization infrastructure

Paxos acquires Fordefi to power stablecoin, tokenization infrastructure - Latest Cryptocurrency News

The addition of Fordefi’s MPC wallet infrastructure broadens Paxos’ regulated capabilities for custody, tokenization and institutional onchain operations.

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Polymarket wins regulatory approval to operate US trading platform

Polymarket wins regulatory approval to operate US trading platform - Latest Cryptocurrency News

The approval came as the US Senate is expected to soon vote on prospective CFTC Chair Michael Selig as a replacement for acting chair Caroline Pham.

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Bitcoin short-squeeze to $90K possible as funding rates turn negative

Bitcoin short-squeeze to $90K possible as funding rates turn negative - Latest Cryptocurrency News

Negative Bitcoin funding rates and large short liquidity zones could be a sign that a short-squeeze to $90,000 and higher could be on the cards.

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Why the SEC’s new guidelines could speed up the approval process for new crypto ETFs

Why the SEC’s new guidelines could speed up the approval process for new crypto ETFs - Latest Cryptocurrency News

New SEC rules could reshape the crypto ETF landscape by speeding up approvals, reducing the shutdown backlog and giving issuers a clearer and faster path to market.

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Klarna enters crypto with new USD stablecoin built on Stripe’s Tempo chain

Klarna enters crypto with new USD stablecoin built on Stripe’s Tempo chain - Latest Cryptocurrency News

The EU-licensed digital bank becomes the first financial institution to issue a token on Stripe and Paradigm’s layer-1 blockchain Tempo.

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High percentage of Bitcoin, ETH, SOL held at a loss: Is it a bear market sign?

High percentage of Bitcoin, ETH, SOL held at a loss: Is it a bear market sign? - Latest Cryptocurrency News

One analyst found that 40% of Bitcoin is held at a loss, while ETH and SOL data currently stand at 40% and 75% respectively. Should investors be worried?

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MoonPay secures New York trust charter, expands regulated services

MoonPay secures New York trust charter, expands regulated services - Latest Cryptocurrency News

The regulatory approval followed the payments company obtaining a BitLicense from the NYDFS in June, making it one of a handful of crypto companies to have both.

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21Shares taps Standard Chartered for custody as TradFi tightens grip on crypto

21Shares taps Standard Chartered for custody as TradFi tightens grip on crypto - Latest Cryptocurrency News

Standard Chartered will provide digital asset custody for 21Shares, signaling deeper TradFi expansion into crypto and raising questions about Zodia Custody’s future role.

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South Korea stablecoin framework stalls as regulators split over banks’ role

South Korea stablecoin framework stalls as regulators split over banks’ role - Latest Cryptocurrency News

Regulators and the Bank of Korea remain at odds over bank dominance in issuing won-backed stablecoins, stalling a long-awaited framework expected this year.

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Crypto lawyer faces uphill battle in New York attorney general race

Crypto lawyer faces uphill battle in New York attorney general race - Latest Cryptocurrency News

A former lawyer for Coinbase, Khurram Dara, has thrown his hat in the race for New York attorney general. But incumbent Letitia James has a strong foothold, and a Republican hasn't won in 30 years.

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