China

DTCC aiming to make all 1.4 million securities in its custody digitally eligible

The Depository Trust & Clearing Corporation (DTCC) is working towards making all 1.4 million securities in its custody digitally eligible for settlement. This initiative aims to enhance efficiency and reduce risks in the securities market by leveraging digital technologies. The DTCC plans to implement this transformation over the next few years, aligning with broader industry trends towards digital asset adoption. This move is expected to streamline processes and improve the overall infrastructure of the financial markets.

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Iran’s Crypto Economy Hit $7.8 Billion in 2025 as Protests Fueled Bitcoin Use: Chainalysis

According to a report by Chainalysis, Iran's cryptocurrency economy is projected to reach $7.8 billion by 2025, driven largely by increased Bitcoin usage amid ongoing protests in the country. The report highlights that the political unrest has led to a surge in demand for cryptocurrencies as a

Democrats Blast SEC Over Crypto Retreat, Justin Sun’s Alleged China Ties

Democratic lawmakers have criticized the U.S. Securities and Exchange Commission (SEC) for its recent regulatory actions against cryptocurrency, arguing that the agency's approach is hindering innovation in the sector. The criticism intensified following allegations linking crypto entrepreneur Justin Sun to the Chinese government, raising concerns about foreign

Coinbase CEO Brian Armstrong says company opposed crypto bill to protect consumers

Coinbase CEO Brian Armstrong announced that the company opposed a proposed crypto bill aimed at consumer protection, arguing it could stifle innovation in the industry. Armstrong emphasized that while consumer protection is important, the bill's provisions could hinder the development of new technologies and services. He expressed concerns

Tokenization firms reject Coinbase's crypto bill equities claims

Tokenization firms have pushed back against claims made by Coinbase regarding the classification of certain crypto assets as equities under proposed legislation. They argue that the bill, which aims to clarify the regulatory framework for digital assets, mischaracterizes tokenized assets and could hinder innovation in the sector. The firms emphasize

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Iran’s Crypto Economy Hit $7.8 Billion in 2025 as Protests Fueled Bitcoin Use: Chainalysis

Democrats Blast SEC Over Crypto Retreat, Justin Sun’s Alleged China Ties

Coinbase CEO Brian Armstrong says company opposed crypto bill to protect consumers

Tokenization firms reject Coinbase's crypto bill equities claims