11:36 2025-06-06
The UK is considering lifting the retail ban on crypto market exchange-traded productsAccording to foreign media reports, the British financial regulator has proposed lifting a ban on retail investors buying cryptocurrency-related exchange-traded products, seeking to enhance competitiveness in response to the resurgent U.S. crypto market under Trump. The change means that existing exchange-traded notes pegged to tokens such as bitcoin and ether can be sold to retail buyers as long as they are traded on FCA-approved exchanges, the Financial Conduct Authority (FCA) said. Last year,...
11:21 2025-06-06
Korean exchange Bithumb suspends ALEX and STX deposit and withdrawal servicesAccording to the official announcement, Bithumb confirmed that there is a potential security problem with the ALEX project and has suspended the deposit and withdrawal services of ALEX and STX tokens. The announcement pointed out that the price of ALEX tokens may fluctuate abnormally, and investors are advised to operate with caution.
11:09 2025-06-06
The market value of KBBB currency soared to more than $50 million due to the conflict between Trump and MuskThe bitter feud between Musk and Trump has spawned a meme coin called KILL BIG BEAUTIFUL BILL, which is worth more than $53 million as traders have jumped on the hype. Musk's rift with Trump was sparked by disagreements over the Big and Beautiful Act. Hours after Musk publicly attacked the bill, Pump.Fun traders seized the opportunity to launch a meme coin called KILL BIG BEAUTIFUL BILL (KBBB). KBBB's market cap soared to $53.12 million in just nine hours, and traders flocked to the...
11:09 2025-06-06
Strategy announces price of STRD IPO, net proceeds will reach $979.70 millionStrategy announces the pricing of the initial public offering of STRD shares, i.e. 11,764,700 10.00% Series A perpetual Stride preference shares, at a public offering price of $85.00 per share. The offering and sale of STRD shares is scheduled to settle on June 10, 2025, subject to customary closing conditions. Strategy estimates that net proceeds from the offering, after deducting underwriting discounts and commissions and Strategy's estimated offering expenses, will be approximately $979.70 mi...
11:09 2025-06-06
The UK's FCA will lift its ban on retail investors investing in cryptocurrency ETNsThe UK's Financial Conduct Authority (FCA) has announced that it will lift its ban on retail investors buying cryptocurrency exchange-traded notes (cETNs) to support the growth and competitiveness of the UK digital asset industry. The new rules require cETNs to be listed and traded on an FCA-accredited exchange (RIE) and apply existing financial promotion rules to ensure investors are fully informed about the risks. David Geale, executive director of payments and digital assets at the FCA, said ...
11:03 2025-06-06
Singapore MAS clarifies that the DTSPs regime applies only to payment tokens or capital markets product tokensOn June 6, the Monetary Authority of Singapore (MAS) today clarified the scope of application of the Digital Token Service Providers (DTSPs) regime. From June 30, 2025, only DTSPs that provide digital payment tokens and token-related services for capital markets products to customers outside Singapore will be required to be licensed. The MAS licensing standards are high, the risk of money laundering in such businesses is high, and the main regulated activities are in the new...
11:03 2025-06-06
James Wynn: FartCoin went public on Coinbase to exit liquidityAccording to trader James Wynn, the FartCoin project had problems, and its developers had tried to sell millions of tokens to it over-the-counter. FartCoin's listing on Coinbase was only to provide exit liquidity for the [founding team].
10:35 2025-06-06
The South Korean National Assembly is expediting the review process of the Security Token Issuance BillAccording to Cryptonews, the South Korean National Assembly is accelerating the review process of the Security Token Issuance Bill. Two STO-related bills submitted by lawmakers Min Byeong-deok and Kim Jae-seop have entered the discussion stage of the government committee. The newly elected Democratic President Lee Jae-myung clearly supports the legalization of STOs, which may break the legislative deadlock since December last year.
The report pointed out that major South Korean securities compan...