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MX
MX Token

5
Mkt Cap
$199.56M
24H Volume
$23.83M
FDV
$887.55M
Circ Supply
92.46M
Total Supply
411.21M
MX Fundamentals
Max Supply
0.00
7D High
$2.29
7D Low
$2.08
24H High
$2.20
24H Low
$2.16
All-Time High
$5.85
All-Time Low
$0.0422
MX Prices
MX / USD
$2.16
MX / EUR
€1.85
MX / GBP
£1.62
MX / CAD
CA$3.01
MX / AUD
A$3.27
MX / INR
₹194.05
MX / NGN
NGN 3,122.84
MX / NZD
NZ$3.74
MX / PHP
₱127.45
MX / SGD
SGD 2.80
MX / ZAR
ZAR 36.70
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press releases
SACHI to debut token on MEXC as game platform prepares for launch
SACHI’s listing will run through MEXC’s Kickstarter program, allowing users to commit MX tokens to support the project. SACHI will airdrop 50,000 USDT worth of tokens to eligible participants in the Kickstarter event. Voting ran between November 18 and 19, with $SACHI trading set to begin at 12:00 UTC on November 19 and withdrawals on November 20. SACHI, the immersive gaming universe built on Unreal Engine 5, has shared on X that its native token $SACHI will be listed on MEXC Global, a leading digital-asset exchange platform, on Wednesday, November 19. The listing is coming ahead of the gaming platform’s game launch and opens it to a wider audience, which consists of traders and players. MEXC confirmed the upcoming event on X . It will be happening via the MEXC Kickstarter, which is a pre-listing event initiated by project teams, in this case, SACHI, where users can commit MEXC’s native token, MX, to their favorite projects. SACHI to airdrop on MEXC Kickstarter The Kickstarter program also offers free airdrops to MEXC users, and SACHI will be airdropping a total price pool of 50,000 USDT. Users are expected to commit some MX tokens to participate and stand to win in the airdrop; however, their account must have been used to complete “at least one futures trade (any amount, any trading pair) and hold a minimum of 5 MX for 24 consecutive hours before Nov 17, 2025, 15:59 (UTC)” to qualify to participate. The voting started on November 18, 2025, into the early hours of November 19, after which trading is expected to commence by 12:00 (UTC) of the same day. The voting token is MX, and participants can only vote a minimum of 5 MX and a maximum of 100,000 MX. According to the MEXC listing, withdrawals will be open on the platform by November 20, 2025, 12:00 (UTC). It also mentioned that participants can only commit based on their maximum committable quantity, and tokens that are committed successfully will be the ones used for reward calculation The airdrops are expected to be distributed based on the “participation ratio within 1 hour of the event’s conclusion.” Also, these rewards will be determined based on the amount of MX the participants commit and the number of valid users they bring in. The higher the number of valid users a participant brings in, the more directly it will impact their level and coefficient, and this will be used in calculating their rewards. “The more MX you commit and the more friends you invite as valid users, the larger your share of the rewards!” MEXC wrote in its announcement blog. The platform also shared its requirements for what qualifies one to be a valid user. Expansion, partnerships, and a roadmap According to SACHI, its token is the core utility token of its Immersive Gaming Universe, and it is built on the Solana blockchain. “As the backbone of the SACHI experience, $SACHI enables key in-game utilities, marketplace interactions, and exclusive on-chain events,” it wrote on its website. The $SACHI token generation event (TGE) went live on November 18, 2025. The platform , which is still in the second phase of its roadmap, has undergone months of ecosystem expansion, securing partnerships with Aethir, Microsoft Azure, Tokacity, NiceHash, and BlueOcean Gaming, among others, according to information available on its platform. SACHI launched a presale of only 200 exclusive NFTs, which lasted for five days from November 12 to 17, 2025, and it’s expected to give holders some perks, especially when the platform releases more of its set roadmap projects.
cryptopolitan·15d ago
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13 Days Left: Banks Face ISO 20022 Mandate as XRP, Stellar Tout Compliance
The deadline has been set by SWIFT (Society for Worldwide Interbank Financial Telecommunication) to fully implement its new system for exchanging financial data ISO 20022 supports much richer data fields than the older MT standard, including purpose codes, structured identifiers, details about the payer or beneficiary, and remittance data A report from Central Banking in June showed that almost half of the world’s central banks haven’t yet upgraded their main payment systems to the new ISO 20022 standard Big financial institutions worldwide are set to complete the transition from legacy payment-messaging formats (the MT series) to ISO 20022’s XML-based MX format by 22 November 2025. The deadline has been set by SWIFT (Society for Worldwide Interbank Financial Telecommunication) to fully implement its new system for exchanging financial data. This marks the end… Read The Full Article 13 Days Left: Banks Face ISO 20022 Mandate as XRP, Stellar Tout Compliance On Coin Edition .
coinquora·24d ago
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MX Token (MX) To Rally Higher? Key Emerging Fractal Signaling Potential Upside Move
Date: Fri, Aug 22, 2025 | 05:50 AM GMT The cryptocurrency market is facing notable volatility as Ethereum (ETH) retraces to $4,278 from its recent $4,780 peak, marking a 7% weekly drop. While the correction has pressured most major altcoins, centralized exchange (CEX) tokens are ...
CoinsProbe·3mo ago
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MX Token (MX) To Rally Higher? This Emerging Bullish Fractal Setup Saying Yes!
Date: Wed, Aug 13, 2025 | 09:40 AM GMT The cryptocurrency market is in full bullish swing as Ethereum (ETH) has broken above the $4,600 mark for the first time since 2021. This 27% weekly surge has boosted sentiment across the sector, fueling strong rallies in major altcoins, inc...
CoinsProbe·4mo ago
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US Spot Trading Coming Soon? CFTC Has Big Plans & Top Cryptos Will Benefit
The US Commodity Futures Trading Commission (CFTC) wants to hear from the public about a new proposal: federally regulated futures exchanges offering spot crypto trading. Yesterday, CFTC’s Acting Chairman Caroline D. Pham unveiled her listed spot crypto trading initiative . This marks the agency’s first move toward setting clear federal rules for digital assets. Bringing more legitimacy, security, and oversight to the market means investors are bound to feel more confident getting involved in crypto. As such, it could boost liquidity and stability for everyone. With regulators finally stepping in and sentiment turning bullish, now’s a great time to check out the best crypto to buy in a market that’s bound to explode soon. CFTC Sets 18-Month Target for US Regulated Spot Crypto Trading The CFTC wants to allow designated Contract Markets (DCMs) – like CME Group or ICE Futures US – to offer crypto spot trading, ones of which are physically settled. Pham aims to utilize the existing authority of the CFTF, rather than establishing a new system, as the EU did when creating the Markets in Crypto-Assets Regulation (MiCA) framework. Nevertheless, the CFTC seeks feedback from the public and interested stakeholders. This includes input about potential safeguards and any implications under the SEC’s current securities laws. As part of the US’s plan become a global DeFi leader, the ultimate aim is for the CFTC to have a fully functioning regulatory framework within 12 – 18 months. It comes on the heels of the GENIUS Act passing, the SEC Chair Paul Atkins announcing ‘ Project Crypto ,’ and Donald Trump’s Working Group on Digital Assets dropping a crypto report . Each of these signals a unified federal effort to legitimize and accelerate crypto adoption. Naturally, it creates the perfect environment for the next crypto to explode . Particularly those with standout utility and long-term potential, like Bitcoin Hyper ($HYPER) , LTO Network ($LTO), and Best Wallet Token ($BEST) . 1. Bitcoin Hyper ($HYPER) – High-Speed Layer 2 Bringing DeFi to Bitcoin Bitcoin Hyper ($HYPER) is the backbone of a cutting-edge Layer 2 solution that’s designed to supercharge Bitcoin’s utility in the years to come. By leveraging the Solana Virtual Machine (SVM) , it’ll bring smart contracts and DeFi to the Bitcoin ecosystem. Doing so also allows for high-speed, off-chain execution while secured by the Bitcoin network’s base layer. Further boosting its security stance, all transactions will be verified using Zero-Knowledge Proofs (ZKPs) – a cybersecurity model that protects data and premises, among other resources. Moreover, by using a Canonical Bridge , it verifies $BTC deposits and mints wrapped tokens on the L2 to be used in dApps. Better still, the ecosystem is built for long-term growth. A whopping 30% of its total $HYPER supply is set aside for development, so anticipate advancements and upgrades in the future. An additional 20% of $HYPER goes toward marketing to help drive adoption. Plus, the token’s used for lower gas fees, governance participation, and staking rewards currently at a 152% APY. Each of these factors show that $HYPER is a diamond-hand favorite in the making. It’s no wonder that it’s already attracted over $7M on presale, propelled by whales investing $74.9K , $54.1K , and $53.9K . With the Bitcoin Hyper mainnet launch on the horizon, you can still buy $HYPER for just $0.012525. Once it officially goes live, it’s anticipated to rise to $0.32 , so join now for 2,455% potential returns. 2. LTO Network ($LTO) – Layer 1 Network Tokenizing Real-World Assets $LTO is the native token of the LTO Network, a privacy-focused Layer 1 blockchain built for Real-World Asset (RWA) tokenization , secure data exchange, and identity solutions. The token is used to secure the network, pay for transactions, and power its decentralized service. At the core of the network’s RWA functionality is its very own ‘Ownables’ technology, which enables tokenized assets to interact with DeFi and Web3 ecosystems. It also provides on-chain identity verification, including Proof-of-Humanity (PoH) to combat bots. Given that the RWA market is forecasted to hit $30T by 2030 , $LTO is primed to capture value with its compliant, enterprise-ready blockchain. In fact, investor interest is already rising, as evidenced by $LTO surging by over 137% in the past month. Several other factors could’ve contributed to its sudden spike, including the LTO Network’s migration of key ecosystem components, such as EQTY (a platform for tokenizing RWAs), to Base. It is a more interoperable and popular blockchain, after all. Also likely contributing to its recent price rise is the Palladium Upgrade v1.8 , enhancing the network with ZKPs and on-chain identities. In turn, this strengthens its position as a trusted Layer 1 for RWAs. You can buy $LTO on some of the best crypto exchanges – including Binance – for just $0.01337. 3. Best Wallet Token ($BEST) – Mobile-Friendly Crypto Wallet With Complete Anonymity $BEST is the foundation of Best Wallet , a beginner-friendly, non-custodial crypto wallet available on Google Play and the Apple App Store. Designed for ease of use, it requires no prior crypto experience and gives you full control of your private keys, without forcing Know-Your-Customer (KYC) verification. Hence, it’s ranked as our #1 anonymous crypto wallet . It supports over 1K digital assets, soon across 60 blockchain networks. And thanks to its integration with Onramper, it offers the lowest fees and competitive exchange rates. Another standout feature is that it features the best crypto presales . Through it, you can buy low-cap tokens before they hit major exchanges, which can likely cause them to spike. Best Wallet also has lots to look forward to in the pipeline, including the launch of its crypto debit card (Best Card), an NFT gallery, and stop-loss orders. To get the most out of the ecosystem, however, you’ll want to purchase $BEST. Then, you can also enjoy even lower gas fees, governance rights, and staking rewards at a sizable 93% APY. Showing the weight of the coin, $BEST has already raised over $14M on presale, despite one coin currently only costing $0.025435. The new app developments, however, are projected to boost $BEST to $0.072 this year. Now’s a great time to join the presale to potentially earn gains exceeding 183% this year. 3 Tokens to Thrive as the US Embraces Crypto The CFTC’s move toward regulated crypto spot trading signals yet another move to legitimize digital assets in the US, alongside other federal efforts like the GENIUS Act and Project Crypto. As the US finally works toward building a more straightforward regulatory path for crypto, trending coins like $HYPER , $LTO, and $BEST are primed to benefit. Whether you’re interested in Bitcoin dApps, RWA tokenization, or exclusive access to presales, each token opens utility to help capitalize on the next wave of adoption. This isn’t investment advice. DYOR and never invest more than you’d be sad to lose.
bitcoinist·4mo ago
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Imminent Loss for Ethereum Bears? $ETH Recovers as $SUBBD Token Follows
Ethereum’s recent price action has been a rollercoaster. After sliding roughly 10% and dipping as low as around $3,375, bearish sentiment dominated the charts, with shorts piling in. But with $ETH now clawing back to $3,650 , the tide may be shifting. Several technical signals are flashing a potential squeeze setup that could catch late bears off guard. Ethereum’s current structure doesn’t just hint at stabilization. It’s setting the stage for a rebound that might liquidate a chunk of short positions if momentum continues to build. And if $ETH confirms its breakout, it could create a tailwind for new Ethereum-based projects. One such example is SUBBD, an upcoming platform taking the creator economy by storm with its innovative AI content creation and monetization tools. The project’s $SUBBD Token could soon ride the rally. Here are the details. Key Bullish Signals Pointing to a Bear Trap Ethereum’s recent rebound isn’t just a relief rally. It’s backed by on-chain and technical data that suggest bears could be walking into a trap. Over the past 30 days, whale holdings have climbed 1.89% , while retail wallets jumped 2.23%. Meanwhile, mid-size investors have been offloading, hinting at a redistribution phase where deep-pocketed whales and small but nimble retail players are stacking up. IntoTheBlock data reinforces this trend, showing bulls outnumbering bears 3:1 over the last week , a small sign of aggressive accumulation. On top of that, Binance’s long-to-short account ratio sits at 1.66 , showing a steady trader bias toward the upside. This tilt in positioning adds fuel to the idea that a sharp move higher could trigger a wave of short liquidations, amplifying the rally. From a technical standpoint, $ETH is holding firm with its $3,356 support. A daily close above $3,785 is likely to confirm a breakout. If that happens, price targets of $3,939 and even $4,051 come into play, potentially forcing shorts to cover in a scramble. If Ethereum does confirm its breakout, history suggests it won’t just be $ETH that benefits. Bullish momentum often spills over into the broader Ethereum ecosystem, funneling fresh capital and trader attention into promising new cryptocurrency projects. That’s where SUBBD Token enters the picture as one of the best crypto presales . This AI-driven creator platform looks poised to ride Ethereum’s next leg higher. SUBBD Token ($SUBBD) – AI Meets the Creator Economy on Ethereum SUBBD Token ($SUBBD) is carving out its own lane as a multi-purpose utility token, fueling the first AI-integrated creator and subscription platform built on Ethereum. The platform’s toolkit is designed for the on-chain economy: AI-powered content creation and monetization, Seamless crypto payments and tiered subscriptions, Staking rewards for holders, who get a fixed 20% APY. That mix has already fueled strong traction, with the presale closing in on $1M raised – a clear signal that the market is paying attention. Adding to its credibility, SUBBD is backed by a fully public team and a roster of ambassadors with a combined reach of over 250M followers, amplifying its network effect from day one. The token is also confirmed secure by official audits from Coinsult and SolidProof What makes SUBBD stand out alongside its tech is its timing. The $85B+ creator subscription market is ripe for disruption, and Ethereum’s potential rebound could supercharge adoption. By removing traditional middlemen and pushing more value directly to creators, SUBBD avoids the usual meme-token hype cycle and instead builds an ecosystem rooted in real utility. If $ETH confirms its breakout, $SUBBD could be one of the first tokens to ride the rise. It blends AI, creator monetization, and crypto-native rewards into a single platform built for this cycle’s narrative. Our SUBBD token price prediction forecasts the coin hitting $0.3 in 2025. Right now, the token sells for $0.0561 on the official SUBDD website, though the price is going to go up in two days. Check SUBBD’s presale for more information. Ethereum’s Breakout Setup Could Be the Turning Point for Bulls Ethereum’s price action is approaching a critical juncture. With support holding at $3,356 and a breakout above $3,785 in sight, shorts could face a major squeeze that drives $ETH toward $4K+. If $ETH confirms this move, the momentum could shift decisively in favor of the bulls. This setup not only strengthens Ethereum’s position, but also reinforces its role as the backbone for emerging projects on its network. If things play out, projects like SUBBD Token ($SUBBD) , already closing in on $1M raised, may be among the first to capitalize on the renewed Ethereum tailwind. That said, this article isn’t investment advice. Crypto carries inherent risk, so do your own research (DYOR) and never invest more than you’re willing to lose in a market that can turn in a flash.
bitcoinist·4mo ago
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Crypto Giant Coinbase’s UK Ad Stirs Both Controversy And Applause—Details
US-based cryptocurrency exchange Coinbase recently launched a musical advertisement titled “Everything Is Fine,” which sparked mixed reactions due to its perceived criticism of the United Kingdom’s (UK) economic policies. According to CNBC, the two-minute musical satirizes the UK, portraying it as a nation grappling with economic turmoil, strikes, and a cost-of-living crisis. Public Opinion Divided Over Coinbase’s Message The exchange’s ad features characters who express their intent to leave the UK for more favorable conditions in Dubai, capturing the attention of audiences on platforms such as LinkedIn and Reddit. The ad has drawn praise from various fintech and venture capital (VC) figures who resonate with its critical stance on the current state of the UK economy. Some like venture capitalist Michael Jackson described the ad as an “absolute banger” and lamented the decline of London over recent decades. He criticized the UK’s “bureaucratic inefficiencies” and the perceived erosion of personal freedoms under current policies. However, the advertisement has polarized opinions among the general public, particularly among Britons outside the crypto sector . Critics argue that the ad serves “a self-promotional purpose” and misrepresents the realities faced by citizens. The opening scene, which depicts water leaking from a ceiling, quickly transitions to upbeat lyrics that contrast starkly with visuals of dilapidated streets and exorbitant prices—one shot features fish fingers priced at an eye-watering £100, while a typical pack costs around £3. Coinbase defended the advertisement, asserting that it aims to highlight the shortcomings of the current financial system in the UK and advocate for necessary reforms. The company’s mission is reportedly to establish an open financial system that benefits everyone, and they believe that the ad effectively communicates this message. Bold Commentary Or Oversimplified Solution? Lucy Gazmararian, managing partner at Token Bay Capital, remarked that the ad has sparked important conversations about the need for change in the existing financial infrastructure, emphasizing that the UK risks falling behind other nations in adopting cryptocurrencies and blockchain technology . Despite the praise, many responses reflect skepticism. Comments on Reddit branded the ad as “infantile” and questioned how it effectively communicates Coinbase’s role as a crypto investment platform. Critics have pointed out that the ad seems to offer cryptocurrency as a simplistic solution to complex economic issues like inflation and stagnating wages. The satirical tone of the ad has led to further scrutiny from political figures. Nigel Farage, leader of the Reform UK party, highlighted the ad’s implications, stating that even Coinbase acknowledges the UK’s struggles. Former UK Chancellor George Osborne echoed this sentiment in an opinion piece, warning that Britain could miss out on the next wave of cryptocurrency innovation if it doesn’t adapt its approach. Amid this backdrop, Coinbase CEO Brian Armstrong clarified that the advertisement was not intended as a political critique of any specific party but rather a commentary on the inefficiencies of traditional financial systems. He underscored that the issues raised are not unique to the UK, as similar themes have been explored in the US market. Armstrong also mentioned that the company’s previous ad had faced censorship in the UK, a claim that remains unverified but highlights the ongoing tensions between crypto firms and regulatory bodies. Featured image from DALL-E, chart from TradingView.com
bitcoinist·4mo ago
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This CIP Is ‘Massive’ For Cardano DApps, Says Anastasia Labs CEO
A still-unnumbered “Account Enhancement” Cardano Improvement Proposal (CIP) has ignited an unusually broad wave of enthusiasm inside the ecosystem after Anastasia Labs chief executive Phillip Disarro framed it as a breakthrough for decentralized-application design. Why This CIP Could Be ‘Massive’ For Cardano “This CIP is massive for expanding Cardano’s dApp ecosystem. Out of the gate, it makes implementing onchain dApp governance systems, a task that is extremely difficult now, completely trivial. If you are a developer in the ecosystem, please give this CIP a read,” Disarro told his followers on X late Monday. Less than six hours later Cardano founder Charles Hoskinson amplified the call for scrutiny, posting “Let’s get this reviewed!” According to the README preview visible on GitHub , the proposal adds native-asset deposit support to Cardano reward-style accounts. In practical terms the change would allow transaction outputs that lock only non-ADA tokens as deposits, let smart contracts pay sub-ADA “micro-fees” by streaming fractions of a token into the recipient’s reward address, and permit the Cardano Treasury to hold diversified native-asset balances instead of ADA alone. By shifting deposit accounting away from the UTxO layer and into the reward-account mechanism, the draft sidesteps a design choice that has long irritated dApp teams: today every token-carrying output must include at least 1 ADA to protect the ledger against spam and bloat, an overhead that makes micro-transactions economically impossible. Most Cardano DeFi protocols treat their governance or fee tokens as first-class “native assets,” yet are forced to charge users ADA to cover both minimum-value and network-fee requirements. The Account Enhancement CIP proposes a path to issue fees directly in protocol tokens without forcing users to top-up ADA balances, build lightweight, on-chain voting contracts because deposits can be collected and refunded in governance tokens rather than in ADA, and simplify Treasury accounting for the upcoming Voltaire governance era , whose blueprint is sketched in CIP-1694 . Next Steps In The Process The draft has not yet been assigned an official number. To progress it must clear the public review cycle defined in CIP-1, during which a volunteer editor triages comments before the Cardano Foundation’s CIP editors decide whether to merge, request revisions or reject the proposal outright. If adopted, the change would be delivered in a future protocol update; no hard-fork date is yet on the table. Still, developers who have reviewed the text say the proposal’s scope is “surgically narrow but strategically huge,” because it attacks a single bottleneck that has kept Cardano dApps from offering the sub-cent user experience common on account-based chains. Whether that promise survives the review gauntlet now depends on how quickly the community can validate the design — exactly the scrutiny Hoskinson called for overnight. At press time, ADA traded at $0.748.
bitcoinist·4mo ago
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BitMine’s Ethereum Holdings Top 833,000, Becoming The Largest ETH Treasury Globally
BitMine Immersion Technologies announced today that its Ethereum (ETH) holdings have surged past 833,000 tokens, making it the largest ETH treasury in the world. The announcement comes amid a broader trend of corporate ETH accumulation. BitMine Becomes Largest Ethereum Treasury According to the statement , BitMine Immersion Technologies – a leading Bitcoin (BTC) mining firm – has amassed 833,137 ETH, overtaking SharpLink Gaming to become the largest corporate holder of the digital asset. BitMine’s holdings are currently valued at over $2.9 billion, based on an ETH price of $3,491 per token. Commenting on the development, Tom Lee, Chairman of BitMine’s Board of Directors, said: BitMine moved with lightning speed in its pursuit of the ‘alchemy of 5%’ of ETH, growing our ETH holdings to over 833,000 from zero 35 days ago. We have separated ourselves among crypto treasury peers by both the velocity of raising crypto NAV per share and by the high liquidity of our stock. BitMine’s ETH treasury strategy is a recent initiative, launched on June 30. In just over a month, the company has already surpassed SharpLink Gaming to become the top ETH treasury holder globally. Data from StrategicETHReserve.xyz shows BitMine’s ETH holdings have jumped an impressive 283.1% over the past 30 days, now accounting for slightly more than 0.5% of ETH’s total circulating supply. Following BitMine, SharpLink Gaming holds 438,200 ETH, while The Ether Machine ranks third with 334,800 ETH. Other top ETH-holding entities include The Ethereum Foundation, Coinbase, Bit Digital, and BTCS. BitMine’s massive ETH reserves not only make it the largest Ethereum treasury, but also rank it third among all corporate crypto holders overall. Only Michael Saylor’s Strategy (formerly MicroStrategy) and MARA Holdings – both primarily Bitcoin holders – have larger reserves. Following the announcement, BitMine shares rose 2.65%, trading at $32.52 at the time of writing. The stock is up an impressive 348% on a year-to-date basis. More Corporates Overtake The ETH Foundation The Ethereum Foundation was once, by far, the dominant ETH holder. However, it is now being overtaken by several corporate entities as institutional interest in Ethereum continues to grow at a rapid pace. Last week, Ethereum-focused firm BTC Inc. announced plans to raise $2 billion to expand its crypto treasury, including ETH. Meanwhile, Ethereum yield and infrastructure firm – The Ether Machine – recently added 15,000 ETH to its balance sheet. The rise in corporate accumulation is also reflected in exchange data – ETH reserves on centralized exchanges have dropped to a nine-year low. At press time, ETH trades at $3,648, up 0.9% in the past 24 hours.
bitcoinist·4mo ago
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Time To ‘Catch Up’: Former Chancellor Says UK Risks Missing Second ‘Crypto Wave’
The UK’s former Chancellor of the Exchequer, George Osborne, has criticized the government’s approach to the crypto industry, arguing that they must “catch up” or risk being “left behind” during the second wave of digital assets. UK To Miss Second Crypto Wave? On Monday, former Chancellor and member of Coinbase’s advisory council, George Osborne, weighed in on Chancellor Rachel Reeves and Bank of England governor Andrew Bailey’s crypto strategy. In an opinion piece for the Financial Times, Osborne asserted that a decade ago, the government’s message was “If crypto is happening, then we want it to happen here.” However, he considers that “far from being an early adopter, we have allowed ourselves to be left behind.” The former Chancellor explained that since he used Britain’s first Bitcoin ATM 11 years ago, the UK has had multiple chancellors vowing to support the industry, but “next to nothing has happened.” As a result, they had lost the opportunity to lead the crypto industry while US authorities remained skeptical. Now, “having missed the first crypto wave, we’re about to miss the second: stablecoins,” he affirmed, noting that, unlike the UK, the EU has legislated crypto, and the US just signed into law the GENIUS Act to make America “the center of the stablecoin revolution.” We’re still deliberating. The chancellor says she’ll “drive forward” on stablecoins, whatever that means, while the Bank of England’s governor remains unconvinced that commercial banks should issue them. This hesitation risks irrelevance. A Call To ‘Catch Up’ Osborne argued that UK authorities cannot continue to wait and evaluate the development of the digital revolution, “reminiscent of Nigel Lawson’s Big Bang in the 1980s,” while other financial capitals, including Singapore, Hong Kong , and Abu Dhabi, adopt comprehensive legislative frameworks for crypto asset platforms. Notably, the UK’s Financial Conduct Authority (FCA) is working to establish a more comprehensive regulatory framework for digital assets starting next year. The financial watchdog has released a Discussion Paper on the features of the upcoming crypto regime as part of its crypto roadmap to expand to a more comprehensive regulatory framework. The HM Treasury has also published a draft and an explainer document detailing the intended policy outcomes of proposed provisions to establish a complete regime for cryptocurrencies. The proposed rules are expected to bring exchanges, dealers, and agents into regulatory limits, crack down “on bad actors while supporting legitimate innovation,” and set clear transparency, consumer protection, and operational resilience standards, like traditional financial institutions. Last week, the FCA announced its plans to lift the current restrictions on crypto exchange-traded notes (cETNs) for retail investors, starting in October. Additionally, it has introduced a new set of reporting rules to ensure crypto investors are not deliberately evading taxes. According to the former Chancellor, some of the proposed rules, like requiring sterling stablecoins to be backed only by central bank reserves, guarantee that the UK doesn’t lead the sector, as major financial players will continue to innovate “regardless of the Bank of England’s stance.” Osborne considers that blaming regulators is “a lame excuse,” as the current restrictive approach “ensures the pound won’t even play a supporting role.” He urged ministers to embrace innovation and set the long-awaited framework. “We became the world’s financial centre because we weren’t afraid of change. On crypto and stablecoins, as on too many other things, the hard truth is this: we’re being completely left behind. It’s time to catch up,” he concluded.
bitcoinist·4mo ago

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AboutMX is the proof of rights and interests of MXC trading platform itself. Its total circulation is 3 billion constantly and never be added. MX holders can enjoy a series of rights and interests including asset appreciation, rebates on platform revenue, supervision, voting, etc. MX can be obtained in two ways: mining and buying.
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Categories
Centralized Exchange (CEX) TokenEthereum EcosystemExchange-based TokensMade in ChinaMorph L2 Ecosystem
Date
Market Cap
Volume
Close
December 04, 2025
$199.56M
$23.83M
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December 04, 2025
$202.04M
$16.33M
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December 03, 2025
$200.38M
$25.11M
$2.17
December 02, 2025
$194.81M
$28M
$2.10
December 01, 2025
$210.27M
$18.49M
$2.27
November 30, 2025
$207.59M
$17.36M
$2.25
November 29, 2025
$204.84M
$20.66M
$2.22
November 28, 2025
$204.53M
$22.59M
$2.21
November 27, 2025
$205.38M
$23.09M
$2.22
November 26, 2025
$203.07M
$23.43M
$2.20

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