Grosscrypto News

HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up

HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up - Latest Cryptocurrency News

HSBC is the latest megabank to double down on tokenized deposits versus stablecoins by preparing for new launches in the US and the UAE next year.

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Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in malls

Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in malls - Latest Cryptocurrency News

Kenyan regulators say no crypto firms are licensed under the new VASP Act and warn that providers claiming approval are doing so illegally.

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Aster drops ‘Machi mode’ to reward getting rekt as Machi leads liquidations

Aster drops ‘Machi mode’ to reward getting rekt as Machi leads liquidations - Latest Cryptocurrency News

Machi Big Brother dominates the liquidation leaderboard with 71 liquidations so far this month, far ahead of James Wynn and Andrew Tate.

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New Hampshire approves first-of-its-kind $100M Bitcoin-backed municipal bond

New Hampshire approves first-of-its-kind $100M Bitcoin-backed municipal bond - Latest Cryptocurrency News

New Hampshire has approved a $100 million Bitcoin-backed municipal conduit bond, letting borrowers raise capital against overcollateralized BTC.

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Strategy rides out Bitcoin crash, still on track for S&P 500 spot: Matrixport

Strategy rides out Bitcoin crash, still on track for S&P 500 spot: Matrixport - Latest Cryptocurrency News

Strategy remains poised for an S&P 500 inclusion in 2025, as the world’s largest Bitcoin holder is unlikely to have to liquidate its holdings to service its debt.

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BlackRock leads near $3B Bitcoin November ETF exodus with record $523M outflows

BlackRock leads near $3B Bitcoin November ETF exodus with record $523M outflows - Latest Cryptocurrency News

US Bitcoin ETFs are nearing $3 billion in November outflows as a fresh death cross, fading Fed rate cut odds, and smart money shorts weigh on sentiment.

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US and UK revolt forces Basel to rethink brutal crypto capital rules for banks

US and UK revolt forces Basel to rethink brutal crypto capital rules for banks - Latest Cryptocurrency News

Basel’s toughest crypto rules are under review as the US, UK, and the EU diverge, with booming stablecoin adoption forcing a rethink of 1,250% capital charges, the group’s chair told the FT.

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US won’t start Bitcoin reserve until other countries do: Mike Alfred

US won’t start Bitcoin reserve until other countries do: Mike Alfred - Latest Cryptocurrency News

The US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred.

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Kraken bags $800M for expansion plans at $20B valuation

Kraken bags $800M for expansion plans at $20B valuation - Latest Cryptocurrency News

Crypto exchange Kraken has raised $800 million across two funding rounds, which boosted its valuation to $20 billion.

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Canaan stock surges as Q3 revenue doubles on Bitcoin miner demand

Canaan stock surges as Q3 revenue doubles on Bitcoin miner demand - Latest Cryptocurrency News

Shares in Canaan jumped 20% on Tuesday as the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year.

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