RedotPay, a crypto payment platform, announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with investments from HSG and Galaxy Ventures. The investment round reportedly saw participation from DST Global Partners, Accel, Vertex… Read More
Crypto.com announced it has been issued a limited license by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives in the UAE. This issuance now reportedly extends the provisions of Crypto.com’s existing VASP license to operate in the region. With this limited license, Crypto.com’s regional… Read More
Bolivia finds itself dealing with a severe economic crisis, marked by a drastic shortage of U.S. dollars and declining foreign currency reserves. This situation is somewhat similar to what nearby nations are dealing with as well, particularly Venezuela and El Salvador. Moreover, the broader LatAm,… Read More
Ripple, the enabler of enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Finance Centre (DIFC). Ripple will reportedly be the “first” blockchain-enabled payments provider licensed by the… Read More
Abu Dhabi-based tech investor MGX has committed to investing $2 billion in Binance, according to a company statement. Binance is the largest crypto exchange in the world, reporting over 260 million registered users and $100 trillion in cumulative trading volume. The investment is claimed to… Read More
On March 7, 2025, the US Department of Justice (DOJ), in an operation alongside authorities in Germany and Finland, announced the disruption of Garantex, a Russia-based cryptocurrency exchange allegedly known for its deep ties to the global cybercrime economy. This coordinated effort resulted in the… Read More
While the cryptocurrency industry is experiencing growing pains (with many self-induced), Flipster head of product Youngsun Shin said that is expected for a new sector. However, he does have solutions for many of its problems. Flipster is a cryptocurrency trading platform that offers high-speed, secure,… Read More
Crypto payments network Mesh is reporting a Series B funding round of $82 million. The company states that it has raised $120 million to date. As a novelty, the funding was managed using PayPal USD (PYUSD). The funding was led by Paradigm, with participation from… Read More
The Securities and Exchange Commission (SEC) intends to hold a series of roundtables to discuss the digital asset ecosystem and how the agency should regulate crypto. Prior to the announcement of roundtables, the SEC revealed a new Crypto Task Force led by Commissioner Hester Peirce…. Read More
Gemini, the cryptocurrency exchange founded by the billionaire Winklevoss twins, Cameron and Tyler, has taken a significant step toward going public by confidentially filing for an initial public offering (IPO), according to sources familiar with the matter. This move, reported recently by Bloomberg, positions Gemini… Read More
As the Bitcoin and crypto markets surged past a $3.2 trillion market cap, Fireblocks’ latest report underscores a deeply concerning reality: the web3 and blockchain industry’s security risks are intensifying along with its rapid growth. The research report, which includes key insights from Fireblocks (a… Read More
Apex Fintech, a firm known for embedding stock trading into apps, is reportedly considering an acquisition of Bakkt (NYSE: BKKT), a cryptocurrency platform spun off from Intercontinental Exchange (ICE), according to recent report from Axios. This potential deal comes two years after Bakkt acquired Apex’s… Read More
David Sacks, recently appointed as the White House AI and crypto czar under President Donald Trump, has recently pushed back against allegations of leveraging his position for personal financial gain. In a discussion on The All-In Podcast, Sacks has dismissed assertions that he manipulated cryptocurrency… Read More
The Office of the Comptroller of the Currency (OCC) took action to affirm that a range of cryptocurrency activities are permissible in the federal banking system. The previous administration had sought to deter regulated banks to participate in crypto affiliated activities. The OCC published Interpretive… Read More
Digital assets exchange Kraken, officially known as Payward Inc., is reportedly targeting an initial public offering (IPO) in the first quarter of 2026, according to a recent Bloomberg report. This announcement from Kraken comes on the heels of a significant shift in the U.S. regulatory… Read More
House Finacial Services Committee leaders have sent a letter to SEC Acting Chairman Mark Uyeda asking him to reverse harmful rules impacting crypto enacted during the Biden Administration. Chairman of the Committee French Hill, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial… Read More
This week’s announcement of a US strategic crypto reserve has tongues wagging across the industry. The reserve will include Bitcoin, Ether, XRP, Solana’s SOL and Cardano’s ADA. Many believe it will propel the industry forward and stimulate a bull run, but others found faults. deVere… Read More
Operation Chokepoint 2.0 was a nefarious move by the Federal government to target crypto firms or firms affiliated with digital asset businesses by debanking operations. It is very difficult to run a business if you cannot hold funds and save them via the banking system…. Read More
Crypto executives and insiders are meeting today at the White House. The first-ever Crypto Summit, led by AI and Crypto Czar David Sacks, will establish a path for the US to lead the way in digital asset innovation. The Summit follows the Executive Order signed by President… Read More
Today, a group of crypto-related executives and insiders are meeting at the White House to discuss the future of digital assets. Fox News shared a list of the individuals invited to the summit. These include mostly CEOs from top digital asset firms: Gemini Ripple Anchorage… Read More
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