Latest from Aoyon Ashraf
Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.
U.S. widens Iran crypto crackdown with sanctions on two exchanges
The Treasury's OFAC targeted Shelbit and Aban Tether as Washington continues its effort to cut Tehran's access to crypto and foreign currency.
BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.
Here are the possible outcomes for Clarity right now
The Senate has not yet indicated if it will advance the Digital Asset Market Clarity Act, and with its summer recess looming, here are the possible outcomes.
Why bitcoin’s ‘500-day rule’ faces its biggest test yet
The so-called ‘500-day rule’ says buying BTC roughly 500 days before a bitcoin halving and selling it about 500 days after would have produced profits in prior cycles.
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total.
SEC to review Nasdaq bitcoin options approval after CME challenge
CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority.
CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts. Independent legal experts say the issue remains unresolved.
Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first
Coinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes to expand into derivatives, tokenized assets and decentralized finance.
Crypto is rewriting how Wall Street traders spend their weekends
Around-the-clock crypto markets are forcing Wall Street to reevaluate one of its oldest assumptions: that weekends are for waiting.
