Binance founder and former CEO Changpeng 'CZ' Zhao denied speculation that the crypto exchange is looking for a buyer but acknowledged that the company may consider selling a minority stake to investors in the future. CZ addressed the rumors in a social media post on Feb. 17 after speculators sugges...
Standard Chartered's Hong Kong arm (SCBHK), in collaboration with Animoca Brands and telecom firm HKT, announced a joint venture to launch a Hong Kong dollar-backed stablecoin.  According to a Feb. 17 statement, the initiative is pending regulatory approval from the Hong Kong Monetary Authority (HKM...
Institutional investors held 25.4% of the assets under management (AUM) of spot Bitcoin (BTC) exchange-traded funds (ETFs) as of Dec. 31 — totaling $26.8 billion. K33 Research head of research Vetle Lunde shared that the percentage of Bitcoin ETF AUM held by institutions grew 113% between the third ...

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