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AI Boost

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Finance

MoonPay Secures New York Trust Charter, Expands Institutional Crypto Services

The crypto payments firm joins an elite group with both a BitLicense and Trust Charter, gaining legal authority to custody assets and offer OTC trading under NYDFS oversight.

Moon (Alois Grundner/Pixabay)

Finance

Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services

The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Markets

SGX’s Bitcoin and Ethereum Perpetual Futures Debut Strong with $35 Million Volume

Trading volumes reached nearly 2,000 lots traded on day one, representing about $35 million in notional value.

Singapore skyline (Mike Enerio/Unsplash, modified by CoinDesk)

Finance

Swedish Buy Now, Pay Later Giant Klarna Rolling Out Stablecoin with Stripe's Bridge

Digital bank Klarna's stablecoin, issued by Stripe’s Bridge on top of the upcoming Tempo blockchain, is set to debut next year.

U.S. dollar (Unsplash, modified by CoinDesk)

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Markets

Exodus’ W3C Deal Adds Stability as Firm Builds Full Payments Stack: Benchmark

The acquisition pushes the crypto-wallet maker toward a more fintech-style business model.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Tech

Taurus Expands Institutional Footprint With Super Validator Role on Canton Network

The digital-asset infrastructure provider will help secure and govern the Canton Network while expanding custody services for institutions.

Stylized network of light focii covering Earth (geralt/Pixabay)

Markets

Metaplanet Draws $130M for Further Bitcoin Acquisitions Under Credit Facility

The Japanese company executed new borrowing as part of its expanding bitcoin focused funding strategy.

Metaplanet Share Price (TradingView)

Markets

Japan’s FSA to Mandate Liability Reserves for Crypto Exchanges to Enhance Security: Report

Japan's Financial Services Agency is set to require digital asset exchanges to maintain liability reserves to protect users.

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

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Policy

KuCoin Registers With Austrac to Operate in Australia, Adds Fiat On-Ramps

The registration comes as Australian regulators tighten scrutiny on offshore crypto platforms, with ASIC stating that many digital assets may require licensing to operate.

Parliament house, Canberra, Australia. (Unsplash)

Markets

The $1.7B Bitcoin Bet on Rally Above $100K, But Not Reaching New Record Highs

The strategy bets on a measured rally into the year-end, rather than a record-breaking surge.

Hands rest on the keyboard of a laptop showing trading graphs, data. (Kanchanara / Unsplash modified by CoinDesk)