Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin […]
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for 29 consecutive days—a record-setting stretch for
Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method. Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international transactions. “We’re still in the study phase,” he said, noting that global firms
Hong Kong’s Securities and Futures Commission (SFC) is set to introduce virtual asset derivatives trading for professional investors, aiming to enhance product offerings while ensuring robust risk management. This initiative is part of the city’s strategy to strengthen its position in the global digital asset market, according to Christopher Hui Ching-yu, secretary for financial services
Ctrl Alt, a tokenization infrastructure platform, has officially received its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP), becoming the first VASP authorized to conduct issuer-related services. This license enables Ctrl Alt to offer Broker-Dealer and Issuer services, allowing the company to create, manage, and distribute
The Blockchain Group (Euronext Paris: ALTBG) has confirmed the acquisition of 624 bitcoin ( BTC) for approximately €60.2 million, bringing its total holdings to 1,471 BTC valued at around €131.9 million. This acquisition follows the completion of a reserved capital increase and private placement announced on May 20, 2025, which raised about €8.6 million to
UK financial giant IG Group, a leading FTSE 250 trading platform, is launching cryptocurrency trading for retail investors—becoming the first UK-listed company to offer such services. Customers can buy, sell, and hold major digital currencies, including bitcoin, ethereum, and select stablecoins, all with a flat 1.49% transaction fee. In partnership with Uphold, IG’s platform allows
Strategy (formerly Microstrategy) continues expanding its bitcoin holdings with a fresh multimillion-dollar acquisition and updated performance metrics. On June 2, Strategy Executive Chairman Michael Saylor announced that the firm acquired an additional 705 bitcoin (BTC) for approximately $75.1 million, with an average price of $106,495 per coin. The purchase boosts the company’s total holdings to
Amboss, a solutions provider for the Bitcoin Lightning Network, has launched Rails, a self-custodial bitcoin service aimed at enhancing asset utility for companies, custodians, and high net worth individuals. Rails allows participants, referred to as Liquidity Providers (LPs), to maintain full custody of their bitcoin while generating returns through payment routing and liquidity leases, thereby
Irdeto, the African entertainment platform Multichoice’s digital security subsidiary, has partnered with Coinbase to combat cybercriminals using cryptocurrency for piracy and other illicit activities. Irdeto’s intelligence-led investigations have shown an increasing use of cryptocurrency by illicit service providers, rising from 13% in 2022 to 19% in 2024. Through this collaboration, the Multichoice subsidiary provides Coinbase
