Tagged: digital assets

October 28, 2025 @ 8:08 am By Omar Faridi  |  

Gemini Exchange and Gemini Wallet customers are now able to deposit USDT and USDC on Avalanche. With the addition, Gemini customers are now able to make transfers for these stablecoins via multichain rails with Solana, Ethereum, Base, Optimism, Arbitrum along with the latest network addition…. Read More

October 27, 2025 @ 11:06 pm By Omar Faridi  |  

Japanese fintech JPYC Inc. recently revealed that it has introduced the nation’s legally recognized yen-denominated stablecoin, called JPYC (with trading starting this Monday). JPYC Inc. stated that it began offering the JPYC token this Monday along with introducing its issuance and redemption service, JPYC EX…. Read More

October 27, 2025 @ 1:06 pm By Omar Faridi  |  

Tether Holdings Ltd., the company behind the USDT stablecoin, anticipates generating nearly $15 billion in earnings for 2025. This projection underscores the company’s steady business growth, enabled largely by the adoption of its pegged digital currency, which underpins much of the global cryptocurrency trading volume… Read More

October 26, 2025 @ 9:42 pm By Omar Faridi  |  

Aave Labs has acquired Stable Finance, a San Francisco-based fintech company. This acquisition will help Aave Labs develop more consumer-focused products for decentralized finance (DeFi). As part of the deal, Stable Finance founder Mario Baxter Cabrera will now become Aave Labs’ Director of Product. The… Read More

October 25, 2025 @ 4:33 pm By Michael Wong  |  

Thai authorities raided a Worldcoin-linked iris-scanning site and arrested suspects on allegations they operated unlicensed exchange services for the project’s WLD token, the Securities and Exchange Commission (SEC) said after a joint operation with the Cyber Crime Investigation Bureau (CCIB). The move is part of… Read More

October 25, 2025 @ 1:30 pm By Omar Faridi  |  

Spark, a DeFi lending platform & onchain asset allocator, reportedly allotted $100 million of its stablecoin reserves into Superstate’s USCC fund, a regulated crypto basis trading product that generates yield from price differentials between spot and futures markets. This update is said to mark one… Read More

October 24, 2025 @ 8:27 am By Omar Faridi  |  

Blockchain infrastructure provider Fireblocks has announced the acquisition of US-headquareted Dynamic, a digital wallet development platform that is reportedly backed by Andreessen Horowitz (a16z) as well as Founders Fund. The acquisition is said to valued at around $90 million. The update marks Fireblocks’ initial move… Read More

October 24, 2025 @ 8:13 am By Omar Faridi  |  

Sygnum Bank, a digital asset banking group, announces a partnership with Debifi, a Bitcoin-backed non-custodial lending platform, to develop MultiSYG, a Bitcoin-native multi-signature lending service. The product, set to launch in next year, is said to be the multi-signature Bitcoin lending solution offered by a regulated bank…. Read More

October 23, 2025 @ 2:25 pm By Omar Faridi  |  

Digital bank Revolut confirmed recently that it obtained regulatory approval from the CySEC – Cyprus Securities and Exchange Commission as part of the EU’s Markets in Crypto-Assets (MiCA) framework, enabling the UK-headquartered fintech company to provide digital asset services via 30 different European Economic Area… Read More

October 23, 2025 @ 8:20 am By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital asset industry, announced an investment in Kotani Pay, an on-ramp/off-ramp infrastructure that connects Web3 users to various payment channels. This investment aims to enable consumers as well as businesses with access to… Read More

October 21, 2025 @ 5:07 pm By Omar Faridi  |  

Sony Bank‘s wholly owned subsidiary, Connectia Trust, has submitted a formal request to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This application, submitted earlier this month, signals Sony Group’s commitment to blockchain tech advancements and breakthroughs, aiming… Read More

October 20, 2025 @ 11:25 pm By Omar Faridi  |  

Japan’s Financial Services Agency (FSA), the regulatory body overseeing the nation’s financial sector, is reportedly exploring significant reforms that could permit banks to acquire and hold digital assets, including Bitcoin, for investment purposes. According to a recent report from Livedoor, these proposed changes mark a… Read More

October 18, 2025 @ 10:26 am By Omar Faridi  |  

Crypto exchange Gemini (NASDAQ:GEMI) noted that on September 30, 2025, the US Securities and Exchange Commission (SEC) announced that certain state-chartered trust firms may serve as custodians for digital assets, referencing the Investment Company Act and Advisers Act. Gemini pointed out that the statement went… Read More

October 18, 2025 @ 10:24 am By Omar Faridi  |  

Figment announced that they have acquired Rated, the provider of staking and validator analytics. By joining with Figment, they can carry forward and scale the important work that the Rated team has done in ore to bring more clarity, standards, and maturity to the digital… Read More

October 16, 2025 @ 3:18 pm By Omar Faridi  |  

Digital assets and investing platform Kraken has announced it has acquired Small Exchange, which is described as a CFTC-licensed Designated Contract Market (DCM), from IG Group., for $100 million. According to Kraken, this latest update aims to establish the foundation for the crypto trading platform… Read More

October 15, 2025 @ 4:35 pm By Omar Faridi  |  

Sui is partnering with Figure Certificate Company (FCC), a subsidiary of Figure Technology Solutions (NASDAQ:FIGR), in order to deploy YLDS, the SEC-registered yield-bearing security, natively on Sui, thus expanding access to regulated financial products within the Sui ecosystem. This update comes after Figure’s recent Nasdaq IPO,… Read More

October 15, 2025 @ 2:20 pm By Omar Faridi  |  

Taxbit explains that it streamlines compliance by automating seller data collection, handling high volumes of transactions, and producing jurisdiction-specific reports in the correct formats. Taxbit notes that its platform continuously updates to reflect regulatory updates, assisting digital platforms with remaining compliant while focusing on core… Read More

October 15, 2025 @ 12:27 pm By Omar Faridi  |  

BCB Group, one of the providers of payment and trading services for the digital economy, announced a partnership with Copper, a provider of digital asset custody, prime services and collateral management. The partnership will see BCB Group facilitate on- and off-ramping for digital and fiat… Read More

October 15, 2025 @ 1:36 am By Omar Faridi  |  

Driven by younger, tech-savvy investors interested in diversifying their investment portfolios, the UK population appears to be embracing crypto. Meanwhile, the nation’s crypto and web3 industry has had a solid year. Regulators have approved crypto exchange-traded notes (ETNs), and the government has introduced a seemingly… Read More

October 13, 2025 @ 3:41 pm By Omar Faridi  |  

Foris DAX Middle East FZ-LLC (trading as Crypto.com) announced that it has received In-Principle Approval (IPA) from the Central Bank of the United Arab Emirates (CBUAE) for a Stored Value Facilities (SVF) license, claiming it becomes the “first” Virtual Asset Service Provider (VASP) in the… Read More