Crypto.com Obtains In-Principle Approval of Markets in Crypto Assets (MiCA) License

Crypto.com has become the first major global crypto asset service provider to announce securing an in-principle MiCA license. Eric Anziani, President and COO, Crypto.com said: “We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more… Read More

Web3 Adoption: Reown Raises $13 Million to Build Onchain UX Platform

Reown (formerly known as WalletConnect) announced it has closed a $13 million Series B funding round. Known as the builders of the WalletConnect Network, Reown is leading the charge in improving onchain UX. The investment round was led by USV and 1kx and also “included… Read More

Digital Assets: Agant Selects Archax as GBP Stablecoin Partner

Agant, creator of a new GBP stablecoin (GBPA), has selected Archax, the regulated digital asset exchange, broker and custodian, as its partner to handle the custody of its underlying assets. The British pound digital currency will initially be available on the Ethereum, Avalanche and Solana… Read More

Bitcoin Adoption: Italy’s Intesa Sanpaolo Acquires 11 Bitcoin (BTC) Valued at $1 Million

Italy’s largest bank has embraced Bitcoin, which may be considered a key milestone in financial evolution. In a significant development for crypto adoption, Intesa Sanpaolo, Italy’s largest banking group, has recently acquired 11 BTC worth €1 million, marking the first instance of an Italian bank… Read More

Sol Strategies’ Orangefin Ventures Introduces Solana Staking App

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, is announcing the launch of its new mobile application from Orangefin Ventures LLC, a recent acquisition and provider of non-custodial staking solutions known for performance and security…. Read More

Crypto ETFs Draw Industry Comment

Cryptocurrency ETFs attracted industry attention this week as participants await the influences of Donald Trump’s inauguration and the potential approval of a Solana ETF. Impossible Cloud Network co-founder Kai Wawrzinek said VanEck’s newly proposed Onchain Economy ETF could make crypto’s bull-bear rollercoaster a thing of… Read More

Upstream Accepts Dollar Based Stablecoin Deposits

Upstream, “a stock exchange for digital securities,” says it is now accepting Tethere – USDT or USDC dollar-based stablecoins. USDT os the largest stablecoin by market cap at $137.5 billion. USDC is the second largest. Upstream is part of MERJ, a regulated stock exchange based… Read More

Digital Currency Group, Former CEO of Subsidiary Genesis Global Capital Settle Charges with $38.5 Million Penalty

The Securities and Exchange Commission said that it had settled charges against Digital Currency Group Inc. (DCG), and Soichoro “Michael” Moro, the former CEO of DCG’s now-defunct subsidiary, Genesis Global Capital LLC. The settlement entails the payment of a civil penalty of $38.5 million. The… Read More

Phantom Wallet Reports $150M Funding Round at $3B Valuation

Since Phantom Wallet launched in 2021, their mission was to make crypto safe and easy to use. Thanks to community support, Phantom Wallet says they emerged as one of the world’s widely-used crypto wallets, soaring to the “top” of the App Store charts and welcoming… Read More

Senator Cynthia Lummis Tells FDIC Not to Cover Up Operation Chokepoint Information Regarding Digital Asset Opposition

Senator Cynthia Lummis has sent a letter to the Federal Deposit Insurance Corporation (FDIC) telling the regulator not to destroy any information concerning the agency’s attempt to undermine digital asset innovation. It has been widely reported that the FDIC used its power and influence to… Read More

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