HEX (PulseChain) priceHEX

Core partners with Cobo to expand $BTC staking in APAC Bitcoin staking platform Core has teamed up with Singapore-based custodian Cobo to offer institutional clients in the Asia-Pacific region yield on BTC holdings while maintaining asset control. According to CoinDesk, Core’s staking protocol has secured over 6,200 BTC ($548 million) and continues expanding institutional access, following recent partnerships with Maple Finance, BitGo, Copper and Hex Trust.

Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the Monetary Authority of Singapore that would allow it to offer a “fully-integrated solution” including custody, over-the-counter trading, and settlement, including fiat on and off ramps. In a press release shared with crypto.news, Calvin Shen, CEO of Hex Technologies Pte. Ltd., said Singapore remains a “key market” for Hex Trust, adding that the milestone now allows the custodian to double down on its offerings for institutional clients. “Securing the MPI license is a testament to our team’s dedication to working closely with the MAS to meet its regulatory requirements. With a well-established regulatory framework and commitment to innovation, Singapore continues to drive institutional adoption of digital assets.” Calvin Shen For Hex Trust, the latest license marks another regulatory achievement in Singapore , where the custodian previously secured approvals. In 2021, it obtained the Capital Markets Services license, allowing it to provide custodial services regulated under Singapore’s Securities and Futures Act. Outside Singapore, Hex Trust also holds licenses and registrations in Hong Kong, Dubai, France, and Italy. In February, Hex Trust secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective, bringing its total funding to over $100 million. That investment marked a “pivotal milestone,” Hex Trust said in a blog announcement, as it prepares for its Series C raise anticipated later in 2025.

🆘️🆘️All the remaining Crypto SEC CASES🆘️🆘️🆘️ 1. Ripple Labs - Ongoing appeal and penalty phase following a partial ruling in 2023. 2. Binance - Paused for 60 days in February 2025 for negotiations, but still active. 3. Kraken - Lawsuit from November 2023 continues, despite dismissal efforts. 4. Bittrex - Post-settlement aspects or related enforcement may still be active. 5. Cumberland - Ongoing case against the crypto trading firm. 6. Richard Heart (Hex, PulseChain, PulseX) - Fraud and securities case from July 2023 remains open. 7. Dragonchain - Enforcement action still active, though details are limited. 8. TRON (Justin Sun) - Paused for 60 days in February 2025 for settlement talks, but not dropped.

The US Securities and Exchange Commission (SEC) looks to be gearing up for a new chapter in its regulatory approach to the cryptocurrency industry. Following years of enforcement-based rules, the SEC is currently scheduled to convene a “Spring Sprint Towards Crypto Clarity” roundtable conference. The event is scheduled to take place over five sessions, with the first meeting on March 21, which will discuss defining securities in the crypto space. 🚨SCOOP: The @SECGov Crypto Task Force is getting ready to hold a series of roundtables with industry participants entitled “Spring Sprint Towards Crypto Clarity,” two people familiar with the matter tell me. The first of the five planned roundtables will be held on March 21 at… — Eleanor Terrett (@EleanorTerrett) February 28, 2025 Although the SEC was once known for being forceful in bringing crypto companies to justice, its strategy now seems to be more receptive to conversation. Besides that, the SEC has stopped looking at numerous big corporations in the sector recently. As previously mentioned in our report , Gemini was at last cleared from a 699-day probe free from additional legal action. Furthermore, closed without any legal action were investigations into OpenSea , Robinhood, and Uniswap. More shockingly, the SEC even dropped its action against Coinbase, seen as one of the most important rulings in the conflict between authorities and the crypto sector. Under pressure from several groups seeking regulatory clarification without always ending up in court, the actions have spurred conjecture that there is a change in strategy inside the SEC. On the other hand, the SEC suffered yet another blow when a federal court dismissed its lawsuit against Hex founder Richard Heart. The SEC charged Heart with running an illicit crypto offering and defrauding investors of $12.1 million, used to purchase luxury items including the biggest black diamond in the world. Judge Carol Bagley Amon in Brooklyn, however, dismissed the case because Heart’s activities lacked sufficient legal link to US jurisdiction. The ruling reflects yet another SEC loss in its attempts to tighten control via legal methods. In another move, the SEC has at last offered new direction on the legal status of meme coins—a subset of tokens sometimes dismissed as a joke or internet craze. In its statement, the SEC underlined that as meme coins offer neither a return, ownership rights, nor representation of future income, they do not satisfy the requirements for securities. Stated differently, assets like Shiba Inu or Dogecoin are more like digital collectibles whose value is just dependent on market demand and speculation. For community-driven initiatives long threatened by the SEC, this choice could be considered as an uplifting moment. On the other hand, a major issue still stands: Should meme coins fall outside the securities category, does this create access to more speculative tokens that would endanger inexperienced investors? Alternatively, is this a hint that the SEC is beginning to choose its fights more deliberately?

#SPX6900 should fall -90% . Time to create new community members like Hex