A roundup of today’s crypto news: Singapore’s new regulations on overseas crypto services, South Korea’s upcoming pro-crypto election, and a temporary outage on the TON blockchain.
Tag: Business
Circle Ups IPO Target to $896M: Bullish Signal for Stablecoins?
Circle has increased its IPO target to $896 million, indicating strong investor confidence in the company and the stablecoin market amidst evolving US crypto regulations.
VCs Bet Big on Bitcoin Treasuries and Tokenization: Key Takeaways from Recent Funding Rounds
Despite a slowdown in overall crypto VC activity, significant investments in Bitcoin treasury ventures like Twenty One Capital and tokenization platforms signal enduring interest in these sectors.
Tether Expands Gold-Backed Stablecoin XAUt to TON Blockchain: A Strategic Move?
Tether’s launch of an omnichain version of its XAUt gold-backed stablecoin on the TON blockchain signals a push for wider accessibility and interoperability in the gold-backed crypto market.
SEC Crypto Staking Stance Under Fire: A Regulatory U-Turn?
The SEC’s evolving approach to crypto staking is drawing sharp criticism, with some arguing it contradicts previous legal stances and creates further uncertainty.