DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%

Key TakeawaysProposed legislation would extend wash sale restrictions to many cryptocurrency transactions.Investors could face limits on claiming losses after rapid asset repurchases.Exemptions cover qualified U.S. dollar stablecoins and...

Two US lawmakers on opposite sides of the political aisle are backing a resolution that “under no circumstances should Samuel Bankman-Fried receive executive clemency, including a pardon or...

BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline.BitGo Europe launched a crypto-as-a-service...

Key TakeawaysMiCA’s transition period ends July 1, requiring EU crypto firms to hold a full CASP license or stop serving clients.Only about 210 of 1,200-plus VASPs have converted...

Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company said will improve efficiency.CEO Vlad Tenev told...