In a coordinated international operation, the U.S. Department of Justice, alongside authorities from Germany and Finland, has dismantled the Russian cryptocurrency exchange Garantex. This exchange was known for its deep involvement in the cybercrime economy, according to Chainalysis. The operation, which took place on March 7, 2025, resulted in... Read more

Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of Switzerland’s central bank reserves, citing a lack of stability, liquidity, and security, according to local media. Speaking to the Tamedia group, Schlegel cited three primary concerns surrounding cryptocurrencies. The first one is... Read more

The U.S. Securities and Exchange Commission has been busy over the past few weeks, hinting at a brighter future for crypto companies. New era The narrative The crypto industry racked up a number of early wins in the first month (and week) of Donald Trump’s second term as U.S.... Read more

A federal judge has dismissed the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Richard Heart, the founder of HEX, PulseChain and PulseX, ruling that the agency lacked jurisdiction because the project did not specifically target U.S. investors. “The relevant online communications described in the Complaint during the offer periods... Read more

DTTM Operations, a company that manages U.S. President Donald Trump’s IP rights, filed a trademark with the U.S. Patent and Trademark Office (USPTO) which might hint at potential non-fungible tokens (NFTs) and metaverse platform. The document lists various products related to blockchain-based goods and services, including accessing NFTs, managing... Read more

U.S. President Donald Trump named XRP, Solana (SOL) and Cardano (ADA) as three assets to be included in a U.S. strategic crypto reserve on Sunday, providing the first details about what such a reserve may look like. Notably, Trump did not mention bitcoin (BTC) or Ethereum (ETH) — the... Read more

The Hong Kong Monetary Authority (HKMA) has released its residential mortgage survey results for January 2025, revealing a notable increase in the number of mortgage applications. According to Hong Kong Monetary Authority, mortgage applications rose by 3.3% from the previous month, totaling 6,516 applications. Mortgage Loan Approvals and Drawdowns... Read more

In January 2025, the Hong Kong Monetary Authority (HKMA) reported a notable increase in total deposits with authorized institutions, which rose by 1.4%. This growth reflects an uptick in both Hong Kong dollar deposits and foreign currency deposits, which increased by 1.3% and 1.5% respectively, according to the HKMA.... Read more

The Hong Kong Monetary Authority (HKMA) has announced the interest rate for the fifth interest payment of the Silver Bond Series due in 2025, as per their latest release. The decision impacts Issue Number 03GB2509R, part of the Government Bond Programme’s Retail Bond Issuance. Interest Rate Details As outlined... Read more

The Hong Kong Monetary Authority (HKMA) has disclosed the list of banks participating in the initial phase of the RMB Trade Financing Liquidity Facility (RMB TFLF), effective from February 28, 2025. This announcement marks a significant step in facilitating trade finance for corporate customers within the region. Details of... Read more