Cryptocurrency
Morgan Stanley launches cheapest Ether and Solana ETFs at 14 basis points
Morgan Stanley Investment Management's Global Head of ETFs Ally Wallace breaks down the firm's newly launched Ether and Solana ETFs from the floor of the New York Stock Exchange. Wallace explains why Morgan Stanley priced all three of its crypto products at 14 basis points — the cheapest on the market — and how its April Bitcoin ETF became the firm's most successful launch ever. And, she unpacks the staking component of the new proof-of-stake products, including Morgan Stanley's decision to pass back 100% of staking rewards to investors.
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.
EU hits Russia with massive 21st sanctions package targeting $120B crypto network
The EU is considering a ban on third-country crypto services providers for the first time and is targeting 14 crypto companies, which it has not named yet.
BitMEX, the exchange that invented perps, is shutting down
BitMEX, co-founded by Arthur Hayes in 2014, redefined the global crypto market by introducing the 100x leverage perpetual swap.
Russia’s parliament passes crypto market law with $3,800 annual cap for retail investors
While citizens still cannot use Bitcoin to buy groceries, the Kremlin is officially letting companies use digital tokens to bypass sanctions and other global trade hurdles.
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing state-owned real estate.
Singapore's Temasek investment fund says crypto is off the table, will focus on AI
The $400 billion wealth fund plans to expand AI holdings to 15% of its portfolio by 2031 from the current 6%.
Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through high-value property.
Crypto exchange BitMEX loses CEO, CFO and head of growth
The firm’s global general counsel, Peter Wilkinson, has taken over as CEO from Stephan Lutz.
Japan’s parliament poised to pass sweeping bill to regulate crypto like stocks
The new rules, which are expected to come into effect in 2027, aim to foster innovation and crypto market growth to meet internal and external demand for digital asset services.
