Aave Labs' UK subsidiaries, Push Labs Limited and Push Virtual Assets Limited, have secured registration with the UK's Financial Conduct Authority (FCA) as cryptoasset exchange providers. This allows them to offer regulated crypto services, including zero-fee stablecoin on- and off-ramping, under UK anti-money laundering laws. The move complements their existing Electronic Money Institution authorization, positioning them to bridge DeFi and traditional finance with regulated, fee-free crypto services. This regulatory approval also enhances their potential to partner with traditional financial institutions in the UK. Following similar approval in Ireland, Aave Labs now covers major European regulatory jurisdictions, expanding their reach across the UK and European Economic Area.
Aave Labs subsidiaries Push Labs Limited and Push Virtual Assets Limited have received approval from the UK Financial Conduct Authority (FCA) to operate as registered cryptoasset exchange providers. This approval complements their existing electronic...
Blockworks has created the Transparency Alliance with leading crypto companies like Coinbase, Kraken, and Ripple to promote the Token Transparency Framework. This framework sets new disclosure standards for crypto tokens, addressing the information g...
The CoinDesk 20 Index saw Internet Computer (ICP) surge 9.8%, making it the top performer among the 12 assets trading higher. Stellar (XLM) also gained 1.7%, joining ICP as a leader. Meanwhile, NEAR and AAVE lagged with declines of 3.9% and 0.6%, res...
Kelp DAO has completed the recovery of its rsETH token following a $293 million exploit in April 2026 linked to North Korea's Lazarus Group. The final batch of rsETH was transferred to the LayerZero OFT adapter, restoring full cross-chain bridge func...
Kelp DAO has finished the operational phase of its recovery plan for rsETH after a $293 million hack linked to North Korea’s Lazarus Group in April. The protocol restored token backing by transferring the final batch of rsETH and resumed normal minti...
