Ghana's parliament has approved the Virtual Asset Service Providers Bill, making cryptocurrency trading legal and placing the sector under the supervision of the Bank of Ghana. Governor Johnson Asiama said the new law gives the central bank authority to license and oversee crypto asset service providers to address fraud, money laundering and systemic risks. The move follows earlier plans to introduce crypto regulation by the end of 2025 and comes as Ghana ranks among the top Sub-Saharan African crypto markets by value received.

Hyperliquid said that a wallet its community identified for allegedly shorting HYPE belongs to a former staff member who left in the first quarter of 2024. The co-founder stressed that the person's trades do not represent the firm's ethics and reiterated that employees face strict bans on HYPE derivatives trading and use of material non-public information. HYPE, which launched near a few dollars in November 2024 and later touched about $60, was trading around $25.40, roughly 24% lower over the past year but still up about 290% since inception.

Metaplanet, a Japan-based Bitcoin treasury firm, will begin U.S. trading via American Depositary Receipts under the OTC ticker MPJPY. The sponsored ADR program uses Deutsche Bank Trust Company Americas as depositary and MUFG Bank as custodian, and is designed to improve investor access without raising new capital.

Kraken said Thursday that xStocks, a tokenized securities platform it backs, is now live on TON Wallet, the self-custodial wallet integrated with Telegram. At launch, the service will be accessible in nearly all markets where TON Wallet operates, but not in the U.S., the European Union, or Australia, according to Egor Danilov.

Custodia Bank has filed a petition asking all active judges on the Tenth Circuit Court of Appeals to rehear a decision that upheld the Federal Reserve’s refusal to grant it a master account. The Wyoming-chartered, crypto-focused bank argues the panel misinterpreted the Monetary Control Act and effectively allows the Fed to override state-approved bank charters.

On Wednesday, Gemini Titan received a designated contract market license from the CFTC. On Monday, Gemini said via X that its Gemini Predictions platform is now available in all 50 US states. The product lets users trade on real-world outcomes and is part of the exchange’s push toward a super-app spanning crypto trading, staking, rewards, tokenized stocks, and prediction markets.

Pakistan’s Virtual Assets Regulatory Authority said on Friday it issued no-objection certificates to Binance and HTX, allowing them to set up local entities and start the licensing process. The clearances are part of a phased regime aligned with FATF AML and CFT standards, with engagement to proceed through the Securities and Exchange Commission of Pakistan.