News Bytes

Bitstamp Gets EU License Under MiCA Crypto Rules

Bitstamp Gets EU License Under MiCA Crypto Rules

Cryptocurrency exchange Bitstamp has received a Crypto Asset Service Provider (CASP) license under the EU’s MiCA regulation from Luxembourg’s Commission de Surveillance du Secteur Financier. This license, combined with the European Passport, will allow Bitstamp to operate its trading platform, execute client orders, and provide crypto custody services across the European Economic Area. Bitstamp’s CEO […]

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River CEO: Businesses Increasingly Buying Bitcoin

River CEO: Businesses Increasingly Buying Bitcoin

Alexander Leishman, CEO of River, a financial company that provides zero-fee bitcoin recurring purchases services, has highlighted how businesses are increasingly adopting bitcoin as part of their corporate treasury strategy. On social media, Leishman revealed that several companies had enrolled River as part of their bitcoin accumulation processes. He noted that just in the last

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SEC Probes Coinbase’s Discontinued ‘Verified User’ Claims: NYT 

SEC Probes Coinbase’s Discontinued ‘Verified User’ Claims: NYT 

The New York Times (NYT) reported Thursday that the Securities and Exchange Commission is investigating whether Coinbase misrepresented its now-discontinued “verified user” metric in past disclosures, according to David Yaffe-Bellany and Matthew Goldstein. The probe, citing over 100 million users in filings until 2023, began under the Biden administration and continues under President Trump’s SEC,

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Thailand to Issue 0M in New Digital Investment Tokens

Thailand to Issue $150M in New Digital Investment Tokens

Thailand’s Ministry of Finance will issue $150 million (5 billion baht) worth of new digital investment tokens, called G-Tokens, within two months. These tokens will allow retail investors to invest in government bonds for as little as $3, offering potentially higher returns than bank deposits. While not a debt instrument or cryptocurrency, the G-Token will

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GFO-X Launches UK Regulated Trading Venue for Centrally Cleared Crypto Derivatives

GFO-X Launches UK Regulated Trading Venue for Centrally Cleared Crypto Derivatives

GFO-X announced the successful launch of its UK regulated trading venue for centrally cleared digital asset derivatives. This venue aims to meet the growing institutional demand for compliant crypto futures and options. The first institutional trade was executed between Virtu Financial and IMC, marking a significant milestone in the evolution of institutional-grade digital asset markets.

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Standard Chartered to Provide Banking Services for Digital Asset Prime Broker Falconx’s Institutional Clients

Standard Chartered to Provide Banking Services for Digital Asset Prime Broker Falconx’s Institutional Clients

Falconx, an institutional digital asset prime broker, announced a strategic partnership with Standard Chartered. In the initial phase of the collaboration, Standard Chartered will provide a comprehensive suite of banking services to Falconx globally, enhancing the platform’s offerings for institutional clients. The partnership will integrate Standard Chartered’s banking infrastructure, allowing Falconx to access a wide

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Uniswap Reaches  Trillion in Trading Volume, Creator Looks Ahead to  Trillion

Uniswap Reaches $3 Trillion in Trading Volume, Creator Looks Ahead to $10 Trillion

Hayden Adams, the creator of the decentralized finance platform Uniswap, announced on social media that Uniswap has become the first decentralized exchange (DEX) to reach $3 trillion in trading volume. In his post, Adams expressed confidence that Uniswap will also be the first DEX to achieve $10 trillion in volume. He expressed gratitude to the

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Gemini Secures License in Malta to Offer Regulated Derivatives Across Europe

Gemini Secures License in Malta to Offer Regulated Derivatives Across Europe

Gemini has announced that it has obtained an Investment Firm License from the Malta Financial Services Authority (MFSA), allowing the company to offer regulated derivatives across the European Union (EU) and European Economic Area (EEA) under the MiFID II framework. This development marks a significant step in Gemini’s 2025 European expansion, enabling the platform to

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Bitcoin Slips Below 1K as 0M in Liquidations Rock Crypto Market

Bitcoin Slips Below $101K as $700M in Liquidations Rock Crypto Market

Bitcoin is trading at $101,645, down 2.79% over the past 24 hours, while ethereum follows at $2,432, marking a 2.9% daily decline. The downward movement coincides with a cascade of liquidations across the crypto derivatives market. Over the last 24 hours, a total of $699.71 million in leveraged positions were wiped out, with long traders

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Rootstock Achieved Record Merged Mining Participation Despite Declining User Activity in Q1

Rootstock Achieved Record Merged Mining Participation Despite Declining User Activity in Q1

In its Q1 2025 report, blockchain intelligence company Messari highlights significant developments in Rootstock, a bitcoin sidechain, including a record-high merged mining participation rate of 81%, up from 56.4% in the previous quarter. This came following the integration of Foundry, the largest bitcoin mining pool. Transaction costs on the network dropped by 60% due to

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