News Bytes – 5

Moonpay Acquires Iron to Strengthen Enterprise Stablecoin Payment Solutions

Moonpay Acquires Iron to Strengthen Enterprise Stablecoin Payment Solutions

In a strategic move to enhance its enterprise payment solutions, crypto payments company Moonpay has acquired Iron, a startup specializing in stablecoin infrastructure, for at least $100 million. This acquisition, announced on March 13, 2025, marks Moonpay’s second significant purchase this year, following its acquisition of Helio in January. With Iron’s API-driven technology, Moonpay aims […]

Moonpay Acquires Iron to Strengthen Enterprise Stablecoin Payment Solutions Read More »

Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UK

Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UK

Kraken has announced that it has officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This milestone is set to accelerate Kraken’s growth plans in the U.K. and enable the launch of new products and services tailored to the needs of local clients. The EMI license empowers Kraken to

Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UK Read More »

Cayman Islands Introduces New Crypto Licensing Rules

Cayman Islands Introduces New Crypto Licensing Rules

The Cayman Islands has updated its cryptocurrency regulatory framework with the introduction of new licensing rules set to take effect on April 1, 2025. Under the recently approved Virtual Asset (Service Providers) (Amendment) Regulations, 2025, all entities offering virtual asset custody and trading platform services in or from the islands will be required to obtain

Cayman Islands Introduces New Crypto Licensing Rules Read More »

Metaplanet Acquires Additional 156 Bitcoin, Expanding Treasury Holdings

Metaplanet Acquires Additional 156 Bitcoin, Expanding Treasury Holdings

Japanese investment firm Metaplanet has announced the acquisition of an additional 156 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to 2,391 BTC. The latest purchase was made at an average price of approximately $86,160 (12,952,147 yen) per bitcoin, totaling about $13,440,377 (2.021 billion yen). This acquisition is part of

Metaplanet Acquires Additional 156 Bitcoin, Expanding Treasury Holdings Read More »

Ripple Outlines Future Developments to Institutional DeFi on XRP Ledger

Ripple Outlines Future Developments to Institutional DeFi on XRP Ledger

Ripple has announced upcoming features for the XRP Ledger (XRPL) aimed at enhancing institutional decentralized finance (DeFi). Key developments include expanded compliance functions, a new lending protocol that integrates with Ripple Payments and decentralized exchanges, and the introduction of Multi-Purpose Tokens (MPTs) for tokenized assets. Additionally, the XRPL will see the launch of a permissioned

Ripple Outlines Future Developments to Institutional DeFi on XRP Ledger Read More »