Cash News South Korean authorities are preparing to regulate cross-border digital asset transactions beginning in late 2025, according to an Oct. 25 report by Reuters. The Ministry of Finance announced that the new regulations will require registration and reporting for businesses in Korea involved in cross-border crypto trades. Under this framework, Korea-based companies facilitating digital […]
Ripple CEO optimistic about crypto post-election, regardless of outcome #CashNews.co
Cash News Ripple Labs CEO Brad Garlinghouse believes the US will become more crypto-friendly regardless of which political party wins the upcoming election, CNBC reported on Oct. 24. Garlinghouse said during DC Fintech Week: āThis is the most important election weāve had, but I also believe no matter what happens, weāre going to have a […]
Microsoft shareholders to vote on Bitcoin investment proposal amid board opposition #CashNews.co
Cash News Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giantās upcoming annual meeting at the end of the year, according to an Oct. 24 regulatory filing. The proposal, filed by a shareholder advisory board, calls for a detailed evaluation of the […]
Coinbase CEO Brian Armstrong offers AI agent Truth Terminal its own crypto wallet #CashNews.co
Cash News Coinbase CEO Brian Armstrong has offered to establish a dedicated crypto wallet for Truth Terminal, an AI agent that has recently gained fame within the crypto community. On Oct. 23, Armstrong inquired whether Truth Terminal would be interested in obtaining its wallet, as its current wallet is managed by its human creator, Andy […]
El Salvador president Nayib Bukele donates 2 Bitcoin towards building 1,000 schools in Honduras #CashNews.co
Cash News El Salvadorās President Nayib Bukele has donated two BTC, valued at approximately $133,000, to support the construction of 1,000 schools in Honduras, according to an Oct. 24 X (formerly Twitter) video. In the video, the Bitcoin advocate handed the funds to Shin Fujiyama, the founder of Students Helping Honduras, an organization dedicated to […]
Institutional investors now hold 20% of US-traded spot Bitcoin ETFs #CashNews.co
Cash News Institutional investors now hold approximately 20% of all US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs), according to recent data. CryptoQuant CEO and founder Ki Young Ju revealed that the latest 13F Form filings show that institutional investors hold over 193,000 BTC via Bitcoin ETFs as of Oct. 18. He also revealed that roughly […]
BIS urges caution as finance industry embraces asset tokenization #IndustryFinance
CashNews.co The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns over governance, legal frameworks, and financial stability. Tokenization, which converts real-world assets (RWA) like property and securities into digital tokens, has drawn attention for its ability to streamline transactions and reduce costs. […]
MiCA delistings will catalyse stronger European crypto offerings #CashNews.co
Cash News The following is a guest post by Anil Oncu, CEO of Bitpace. Since its inception in 2020, the European Unionās Markets in Crypto-Assets (MiCA) regulation has shed a new light on the European crypto industry. While many have considered the continent a less important player, the fledgling regulation has introduced a new narrativeāone […]
$30 million international crypto fraud from 2018 kicks off trial in France #CashNews.co
Cash News A major fraud trial involving crypto and diamond investments has opened in France, bringing over 20 defendants to court on charges of defrauding 1,300 individuals and several top-tier football clubs. According to local media, the proceedings began on Oct. 21 in a conference center in Nancy, eastern France, due to the large number […]
Crypto industry wields growing influence in US politics with donations climbing over $190 million #CashNews.co
Cash News Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20. This represents a significant increase from previous election cycles, marking nearly a 13-fold jump from the $15 million spent in 2020. The […]