More evidence that Chinese nationals are still actively trading cryptocurrencies 19 months after the country's ban on the sector has surfaced.
In 2021, China unleashed the strictest crackdown yet on all forms of digital assets, which sent shockwaves across the digital assets industry.
Fast forward to 2023; however, there are hints that the government was beginning to reconsider its approach.
For context, consider that many indications and rumours have been that China is "reopening" in recent months.
Revenue grew over tenfold since the company's Series A — a sign that blockchain infrastructure spending has moved past the experimental phase.
The Morpho partnership is the second vault deal BitGo has announced in three weeks — and together they sketch a model where a Fortune 500 infrastructure company becomes the gateway to decentralised lending for funds and treasury operators.
Allman founded Ondo in 2021 and grew it into one of the largest tokenised real-world asset platforms; the company says his successor has been running day-to-day operations for over two years.
The GMC framework bundles licensing and banking into a single application — and hands firms already regulated in Singapore, Hong Kong or Abu Dhabi a shorter path in.
Circle tells a Wisconsin court it can’t seize USDC, while regulators argue it’s choosing not to, setting up a rare, real-time clash between technical design, contractual wiggle room, and outright defiance of a seizure order.
Celsius creditors received about 37 million Class A shares in Ionic as part of the lender's bankruptcy plan, and Friday's direct listing will be the first public pricing of what that partial recovery is actually worth.
The Singapore-based pool's U.S. units lined up a $52 million stalking-horse bid for their West Texas sites, four years after Poolin's wallet arm froze withdrawals and left customers holding $163.7 million in IOUs.
Bitkub says its founders quietly covered the loss to prevent a bank run and that no customer was ever harmed, but the SEC's case rests on the argument that concealing the theft from regulators was itself the violation.
