🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Charles Schwab Eyes Spot Crypto Trading Once Regulations Change
Livemint
·
8m ago
Medial
Charles Schwab's incoming CEO, Rick Wurster, has revealed the firm's plans to offer spot cryptocurrency trading once US regulations become more favorable, which is anticipated to happen under President-elect Donald Trump's administration. Schwab already offers crypto-linked ETFs and futures, but Wurster believes that the regulatory landscape will change, leading to a potential for spot crypto trading. The competition for retail investors' dollars has intensified during the pandemic and after the US presidential election, with Schwab facing challenges from Robinhood and Webull, among others. Wurster also mentioned the significant impact of artificial intelligence on the wealth-management business.
View Source
Related News
StanChart launches bitcoin, ether spot trading for institutional clients - The Economic Times
Economic Times
·
24d ago
Medial
Standard Chartered has launched spot trading for bitcoin and ether through its UK branch, catering to institutional clients like corporates, investors, and asset managers. This move is to meet the growing demand for crypto assets. As the first global systemically important bank to offer secure, regulated, scalable access to bitcoin and ether spot trading, StanChart plans to introduce non-deliverable forwards trading soon. The initiative ensures digital asset trading within regulatory requirements.
View Source
Traders' new fancy: Crypto F&O
Economic Times
·
1y ago
Medial
Indian traders are increasingly investing in cryptocurrency futures and options (F&O) as major exchanges witness a surge in volumes. Vommafi Technology, a trading firm backed by family offices, has allocated 30% of its portfolio to crypto F&Os. However, regulatory uncertainty remains regarding the taxation of these offerings, as investors seek to avoid the 1% TDS imposed by the government on crypto spot trading. Despite this, Indian exchanges are expected to exceed global derivatives trading volumes if more traders start allocating capital to crypto futures. The challenge lies in the regulatory ambiguity and tax implications surrounding crypto F&Os.
View Source
Indian Cryptocurrency Market Sees Resurgence On Bitcoin’s All-time High Rally
Inc42
·
1y ago
Medial
The demand for cryptocurrencies has surged in India, with trading volumes on major exchanges increasing significantly. Bitcoin reached all-time highs of $72,000 and $73,000, attracting new investors. Indian crypto platforms are offering incentives to attract new users, and homegrown platform Mudrex has launched Bitcoin spot ETFs for Indian investors. CoinSwitch claimed to have become the first Indian exchange to surpass 2 million users, while CoinDCX and WazirX also noted significant growth in trading volumes. However, industry leaders are calling for balanced regulation to control outgoing crypto transactions.
View Source
WazirX Eyes 'Panama' for Fresh Start After Revival Plan Rejected in Singapore
OutlookIndia
·
2m ago
Medial
Crypto exchange WazirX faced a major setback as the Singapore High Court rejected its restructuring plan after a $235 million cyber heist. The court cited regulatory lapses, and despite creditor backing, the proposal was dismissed. In response, WazirX plans to relocate operations to Panama through Zensui Corporation to bypass stringent Singapore regulations. The move comes after North Korean hackers allegedly stole a significant portion of the exchange's crypto reserves, prompting discussions on cybersecurity in the crypto sector.
View Source
Asia emerges as a promising haven amid the crypto winter
Startup News FYI
·
1y ago
Medial
The Asian crypto industry is thriving despite a crypto "winter" in the US. The recent Token2049 crypto conference in Singapore saw a record turnout, highlighting the growing enthusiasm and adoption of cryptocurrencies in Asia. With the US government cracking down on crypto companies, many projects are shifting their focus to Asia. The region's favorable policies, such as Hong Kong legalizing retail crypto trading and Singapore clarifying stablecoin regulations, have attracted web3 startups and investors. Asian markets offer growth opportunities and a more stable regulatory environment for crypto ventures.
View Source
Binance, SEC request pause in legal battle as Trump's crypto policy takes shape
Economic Times
·
5m ago
Medial
Binance and the US SEC have requested a 60-day pause on the lawsuit against Binance, influenced by a new task force on crypto regulations. This pause indicates a shift towards a more crypto-friendly approach under President Trump's administration. The SEC had previously sued Binance over accusations related to trading volumes and customer funds. The task force, led by Commissioner Hester Peirce, aims to improve the regulatory climate for the crypto industry.
View Source
Japan to give crypto assets legal status as financial products, Nikkei says
Economic Times
·
4m ago
Medial
Japan's Financial Services Agency (FSA) intends to amend the Financial Instruments and Exchange Act to classify crypto assets as legal financial products. This revision will subject crypto assets to insider trading regulations, preventing trades based on undisclosed internal information. The FSA plans to present a bill to parliament by 2026 to enact these changes, according to the Nikkei business daily. This move aims to enhance regulatory oversight and investor protection in Japan's crypto market.
View Source
US banks tiptoe toward crypto, awaiting more green light from regulators
Economic Times
·
2m ago
Medial
Major U.S. banks are cautiously exploring expansion into cryptocurrencies amidst regulatory shifts. While some, like JPMorgan, remain skeptical, others are planning limited pilot programs and potential partnerships with crypto firms. Banks seek clearer regulations, especially regarding anti-money laundering and market-making for digital assets. Regulatory changes have eased some restrictions, encouraging interest in custody services and crypto trading. Overall, banks are treading carefully, eager for concrete guidelines before fully committing to the crypto space.
View Source
Bitcoin back on the rise after vaulting to new record
Reuters
·
1y ago
Medial
Bitcoin rallied again, reaching an intraday peak of $66,540 during Asian trading hours. This comes just a day after it set a new all-time high of $69,202. The surge in bitcoin's value has been fueled by increased investment in U.S. spot exchange-traded crypto products and expectations of lower global interest rates. The approval of 11 spot bitcoin ETFs by the U.S. SEC in January has also contributed to the positive sentiment, with institutional investors now showing interest in the cryptocurrency. However, the volatile nature of bitcoin is still a concern for some investors.
View Source
US SEC further delays decision on BlackRock's spot ethereum ETF
Economic Times
·
1y ago
Medial
The US Securities and Exchange Commission (SEC) has once again delayed its decision on BlackRock's application for the iShares Ethereum Trust. BlackRock, a prominent asset manager, filed its application for a spot ethereum exchange-traded fund (ETF) in November of last year. The ETF would be listed on Nasdaq if approved. Ether, the second-largest cryptocurrency, has seen increasing interest from institutional investors. The SEC previously delayed its decision on BlackRock's application in January, following the approval of several bitcoin ETFs. A spot crypto ETF allows investors to gain exposure to a digital asset's market price without purchasing the currency itself.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cloudfront-us-east-2.images.arcpublishing.com/reuters/PUJCLBX77BPSXOHCWXWHILI7QI.jpg)
