Altcoins

Standard Chartered and Coinbase just announced an expanded partnership to develop digital asset services for institutional clients worldwide. The collaboration focuses on trading, prime services, custody, staking and lending solutions. The move combines Standard Chartered’s global banking expertise and risk management with Coinbase’s leading institutional platform to offer secure, compliant digital asset management. It builds…

Stablecoin giant Circle (CRCL) just minted billions of dollars worth of its US Dollar Coin (UDSC), according to on-chain data. Blockchain analytics platform Arkham Intelligence says Circle’s creation of new UDSC is now surging following the crypto market’s severe correction last month. “Circle just minted $750 million USDC. They have minted $4 Billion USDC in…

Institutional investors just bought an overall total of $716 million in Bitcoin (BTC) and crypto assets in one week, according to a new update from Coinshares. Digital asset exchange-traded products (ETPs) drove the inflows, marking the second consecutive week of gains as market sentiment improved. Total assets under management rose to $180 billion, up 7.9%…

Binance has suspended an employee who allegedly used one of the exchange’s social media accounts to promote a token. The top global crypto exchange says a preliminary investigation concluded that the employee had connections to a token that was issued on Sunday. Less than a minute after the asset was issued, the employee allegedly posted…

The leading US-based crypto exchange Coinbase says it’s about to add support for two new digital assets. Starting today at 9:00 a.m. PST, Coinbase says it will add spot trading for Plume (PLUME) and Jupiter (JUPITER), assuming liquidity conditions are met. Plume is focused on bringing real-world assets onto the blockchain with a layer-1 network…

CEOs of some of the largest banks in the US are about to meet with lawmakers on Capitol Hill as a key Senate Committee prepares to vote on major Bitcoin and crypto legislation. The Senate Banking and Agriculture Committees are preparing to vote on a digital asset market structure bill this month. And ahead of…

Tether’s USDT stablecoin has been approved for broad use in Abu Dhabi. The Abu Dhabi Global Market (ADGM) has recognized Tether’s USDT as an Accepted Fiat-Referenced Token (AFRT) on multiple major blockchains. This allows licensed financial firms in the ADGM to use the stablecoin in regulated activities. The recognition covers Aptos, Celo, Cosmos, Kaia, Near,…

The Commodity Futures Trading Commission is rolling out a pilot program that clears the way for certain digital assets including Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) to be used as collateral in US derivatives markets. CFTC Acting Chair Caroline D. Pham says the initiative reflects growing adoption of digital assets inside regulated financial systems…

A major US bank is the first in the nation to let customers buy, hold and sell bitcoin directly through its platform. PNC Bank says it’s launched the new feature for eligible PNC Private Bank clients, using Coinbase’s Crypto-as-a-Service infrastructure. This move lets high-net-worth clients trade spot bitcoin without separate exchange accounts. They access it via…

The crypto giant Circle has reportedly partnered with the layer-1 privacy blockchain Aleo to launch a new stablecoin that can address privacy concerns among businesses and private individuals.  The private version of the dollar-pegged stablecoin USDC aims to obscure transaction histories, reports Fortune, citing information from Aleo co-founder Howard Wu. Says Wu, “People don’t want…