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 … Read more

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 … Read more

Balaji Srinivasan Lists Ten Reasons Why Tariffs Are Bad for US: Deregulate Instead

In a recent social media post, former Coinbase CTO Balaji Srinivasan outlined ten compelling reasons against the implementation of tariffs in the United States, advocating instead for deregulation. He argues that tariffs primarily protect the domestic market but fail to significantly impact countries like China, which exports a majority of its goods elsewhere. Srinivasan highlights … Read more

Deutsche Bank Warns US Dollar May Lose Safe-Haven Status Amid Rapid Geopolitical Shifts

The U.S. dollar may soon lose its safe-haven status as global markets adjust to a rapidly changing geopolitical landscape, according to Deutsche Bank. George Saravelos, the bank’s global head of FX strategy, stated, “The speed and scale of global shifts is so rapid that this needs to be acknowledged as a possibility.” This warning follows … Read more

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 … Read more

Korean Exchange Bithumb to Sponsor FC Seoul, One of the Country’s Leading Soccer Clubs

Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at contributing to various cultural fields, will see Bithumb serve as an official sponsor for the 2025 season. FC Seoul, one of Korea’s most popular professional … Read more

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 … Read more

Report: German Investment Bank Dekabank Launches Institutional Crypto Services

Dekabank, a prominent German investment bank, has reportedly launched cryptocurrency trading and custody services for institutional clients after nearly two years of development. This move comes after receiving regulatory approval for a crypto custody license from the Federal Financial Supervisory Authority (BaFin) and operating under the supervision of the European Central Bank (ECB). Board member … Read more

ATM Operator Bitcoin Depot Expands Treasury Holdings With Additional BTC Purchase

Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator has announced the acquisition of an additional 11.1 BTC as part of its ongoing treasury strategy, initially revealed in June 2024. This latest purchase follows the company’s recent acquisition of 51 bitcoin earlier this month, elevating its total treasury holdings to 82.6 BTC. CEO Brandon Mintz … Read more