According to a survey conducted by Bitwise Asset Management, the number of financial advisors who allocated crypto to their clients’ portfolios rose to 22% in 2024, up from 11% the previous year.

South Korea’s financial regulator is looking to allow institutional investment in cryptocurrencies in stages, according to local media reports. South Korea has effectively banned institutional ...

The UK Treasury has amended legislation to clarify that crypto staking is exempt from the rules governing collective investment schemes. A CIS refers to any pooled investment arrangement where ...

The multinational banking giant has set up a new entity in Luxembourg to serve as a regulatory gateway for the EU, aimed at providing services to EU crypto clients following the implementation of MiCA ...

Senate Banking Committee Chair Tim Scott (R-S.C.) said in August that he planned to create a digital-asset-focused panel. The Senate Banking Committee would also have to vote to create that digital ...

SoSoValue has raised $15 million in a Series A funding round co-led by HongShan (formerly Sequoia China) and SmallSpark.ai. The round brought SoSoValue’s fully diluted token valuation to $200 million, ...

China’s top economic planner released a policy document to boost the development of a national data infrastructure with blockchain heavily involved. The Chinese government bans cryptocurrency trading ...

Bhutan’s Gelephu Mindfulness City intends to allocate digital assets such as BTC, ETH and BNB to its strategic reserves. Bhutan is already heavily invested in bitcoin through its hydroelectric-powered ...

Phala, a Polkadot-based parachain and computation platform, has launched a new Layer 2 network on Ethereum. The launch took place in collaboration with infrastructure providers Succinct Labs and ...

OpenAI CEO Sam Altman’s World project, previously known as Worldcoin, announced it had surpassed 10 million human verifications. Over 20 million users have also downloaded the World App, and the ...

Starknet has introduced its software offering, SN Stack, enabling developers to launch appchains. An appchain named Paradex has been operational as a design partner for the SN Stack. Ethereum Layer 2 ...

The U.S. entities’ bitcoin reserves share over non-U.S. entities reached a ratio of 1.65 as of Jan. 6, according to CryptoQuant data. The share of bitcoin reserves held by U.S. entities soared between ...