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Blockchain Australia Lands Former BlackRock Director as New CEO

Laura Mercurio also worked with Merrill Lynch and Deutsche Bank.

Updated May 11, 2023, 4:21 p.m. Published Sep 7, 2022, 8:46 a.m.

Blockchain Australia, the nation's industry body advocating for appropriate regulation and policy, has appointed Laura Mercurio as its new CEO, the organization said on Wednesday.

  • Mercurio succeeds Steve Vallas, who led Blockchain Australia for two years at a time when the nation signaled a new approach toward crypto adoption.
  • Australia's new government, led by Prime Minister Anthony Albanese since May 23, has introduced token mapping to identify how crypto assets are managed, and its central bank has started a pilot to explore the use cases of a central bank digital currency (CBDC). More than 20 prominent Australian institutions have backed an A$180 million (US$124.3 million) research program to benefit from the opportunities arising from asset digitization.
  • Mercurio, who has worked at BlackRock (BLK), Merrill Lynch, Deutsche Bank (DB), various government and regulatory bodies and blockchain businesses globally, starts Sept. 12.
  • “We are excited to welcome Laura to the role of CEO and to bring her wide global experience in this space to Australia," said Blockchain Australia Chairman Adam Poulton.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Robinhood leaning into advanced traders as crypto volatility reshapes user behavior

Johann Kerbrat, GM of Robinhood Crypto (Shutterstock/CoinDesk)

The trading platform is increasingly catering to advanced crypto traders with tools tailored to active, tax-aware users, its head of crypto said.

What to know:

  • Robinhood is increasingly targeting advanced crypto traders with new features like tax-lot selection and deeper liquidity access.
  • The platform, once known for attracting beginners, is seeing more experienced users shift from rivals like Coinbase.