News Bytes Archives - Page 5 of 20

Trump Signs Landmark GENIUS Act, First US Stablecoin Law

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President Donald Trump signed the GENIUS Act into law on July 18, 2025, making it the first major federal legislation to regulate stablecoins in the United States. Officially titled the Guiding and Establishing National Innovation for US Stablecoins Act, the bill creates a sweeping framework for overseeing stablecoins—digital tokens pegged to traditional assets like the […]

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Aussies Can Now Use BTC as Collateral for Home Deposits

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Australian fintech startup Block Earner has launched what it calls the first bitcoin-backed home loan, allowing Australians to use their bitcoin ( BTC) as collateral for a home deposit without selling it. The firm offers up to 50% of a property’s value as a deposit loan, secured by the borrower’s bitcoin, which is held in

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Nordic Exchange Safello Partners With Marginalen Bank to Enhance Banking Services for Crypto Customers

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Safello has signed a strategic framework agreement with Marginalen Bank, allowing Safello’s over 400,000 customers to access a range of banking services through its platform. This partnership introduces Banking-as-a-Service (BaaS), enabling customers to utilize full-service payment accounts, bill payment options, Swish connections, and debit cards. The agreement, which has an initial term of two years,

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The Smarter Web Company Expands Bitcoin Holdings to 1,600 BTC and Introduces New Valuation Metric

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The Smarter Web Company PLC, a London-listed technology firm, has announced the purchase of an additional 325 bitcoin, increasing its total holdings to 1,600 BTC as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The recent acquisition, totaling £27,145,693 at an average price of £83,525 ($112,157) per bitcoin, reflects the company’s

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Trezor Co-Founder Launches Glok to Enhance Security for Bitcoin Users Against Rising Threats Such as Kidnappings

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Alena Vranova, previously co-founder of Trezor, has announced the launch of GLOK, a new security service aimed at protecting bitcoin users amid rising threats such as kidnappings and ransomware attacks. GLOK offers a private geolocation app that allows users to send distress alerts to a predefined list of contacts while prioritizing user privacy and data

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China Merchants Bank Arm Wins Crypto Licence in Hong Kong

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China Merchants Bank’s CMB International Securities has reportedly become the first mainland China-affiliated brokerage to secure a virtual asset licence from Hong Kong’s Securities and Futures Commission. This approval enables CMBI to legally offer cryptocurrency trading, custodial support, and digital asset advisory services within Hong Kong’s tightly regulated framework. Authorities reaffirmed their commitment to becoming

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California Taps Ripple and Coinbase for Government Tech Overhaul

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In a bold move to modernize government operations, California’s leadership partners with top tech minds to transform bureaucracy into a model of 21st-century efficiency and innovation. Governor Gavin Newsom unveiled the California Breakthrough Project, a new initiative launched at Ripple’s headquarters with participation from crypto leaders, including Coinbase, to advise on cutting-edge improvements across state

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House Votes to Advance GENIUS Stablecoin Bill, Crypto Market Structure Act

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The U.S. House narrowly advanced landmark cryptocurrency legislation Wednesday, including a stablecoin regulatory framework and market structure rules, after a controversial procedural vote. By a 215-211 vote, the House agreed to move forward with the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which creates federal oversight for stablecoin issuers and could reach

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Kraken Derivatives US Launches in Multiple States, Expanding Access to Crypto Futures

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Kraken has officially launched its regulated derivatives platform, Kraken Derivatives US, in Vermont, West Virginia, North Dakota, Mississippi, and the District of Columbia. This new offering allows U.S.-based clients to trade CME-listed cryptocurrency futures contracts alongside Kraken’s extensive spot crypto liquidity. The integrated Kraken Pro trading experience provides users with a unified interface for managing

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Ripple Custody to Support Dubai Land Department’s Tokenized Real Estate Initiative

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Ripple has announced a strategic partnership with Ctrl Alt to provide institutional-grade digital asset custody for the Dubai Land Department’s (DLD) Real Estate Tokenization Project. This collaboration will enable secure storage for tokenized real estate title deeds issued on the XRP Ledger (XRPL), marking a significant advancement in the region’s digital asset infrastructure. As the

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