The Hong Kong crypto exchange’s token surged after a China-linked brokerage received approval to offer crypto trading in the special administrative region.

New rules set phased rollout through 2028, starting with top banks and high-volume sellers.

A New York judge has denied Ripple and the SEC’s request to lift an injunction on XRP sales to institutions, keeping a $125 million penalty in place.

While House Democrats don’t have the same power to block stablecoin legislation that their Senate counterparts did, the process will likely be slow.

The stablecoin regulatory bill now moves to the House of Representatives.

The crypto exchange, which is the largest in the U.S., aims to bring tokenized equities to U.S. investors.

The Senate’s stablecoin legislation, the GENIUS Act, as well as the House’s crypto market structure bill, the CLARITY Act, have both advanced toward a full vote.

Industry response to the Securities and Exchange Commission’s DeFi Roundtable has been overwhelmingly positive.

A crypto industry SRO like the SEC’s FINRA could police member organizations with real teeth.

Four lawyers take on the question of agency power in the case of a broad regulatory bill written by a relatively crypto-friendly Congress.