Category: crypto

Gemini receives approval for regulated prediction markets in the U.S., allowing users to trade event-based contracts. GEMI stock surges after the announcement. The company plans to expand to cryptocurrency derivatives products and aims to improve liquidity for U.S. traders. The approval signals positive regulatory momentum for the crypto industry.

Cboe has approved the listing of the 21Shares XRP ETF under the ticker TOXR, with a 0.3% annual sponsor fee paid in XRP. The fund uses multi-custody storage and was seeded with 100 million XRP by Ripple Markets. The approval strengthens the growing XRP ETF market, with assets nearing $1 billion.

Strive Asset Management announced a $500 million stock sale to purchase more Bitcoin, expand its BTC treasury, and fund corporate needs amid debate over exclusion from major stock indices. Co-founded by Vivek Ramaswamy, Strive holds 7,525 BTC worth $695 million and opposes MSCI’s proposal to exclude digital asset treasury companies.

Tajikistan has approved a law imposing fines and up to 8 years in prison for Bitcoin miners using stolen electricity due to worsening winter energy shortages. The law targets illegal electricity use for virtual asset mining, linking it to power shortages, financial losses, and money laundering risks. President Rahmon must sign the bill for it…

British cybercrime suspect Danny Khan, also known as Danish Zulfiqar, has been detained in Dubai after 3,670 ETH were traced to him by on-chain sleuth ZachXBT. Khan is linked to a Genesis creditor theft using fake support and SIM swap incidents. Authorities have not officially confirmed his arrest, but the case is actively being pursued.

OCC Letter 1188 allows U.S. banks to engage in riskless principal crypto trades between customers without holding inventory, following a 2025 rollback of regulatory hurdles by the Fed, FDIC, and OCC. Banks can now integrate crypto rails into various banking channels while complying with applicable laws and regulations.

UK FCA is making significant changes to retail investment rules post-Brexit. They are eliminating EU PRIIPs disclosures and introducing Consumer Composite Investments for funds and trusts. Wealthy clients with £10m can opt out of consumer duty. These reforms aim to make retail investments more accessible while maintaining consumer protections.

Abu Dhabi’s ADGM now recognizes Tether’s USDT as an Accepted Fiat-Referenced Token across various blockchain networks, expanding its previous approvals. This allows regulated institutions to use USDT for cross-border payments, custody, and settlement. Tether sees this as a step towards financial inclusion and innovation on a global scale.

Bybit’s World Crypto Rankings named Singapore as the top country for cryptocurrency adoption, surpassing the United States. Asia-Pacific markets, including Vietnam and Hong Kong, are also experiencing significant growth in crypto adoption. The report highlights trends such as asset tokenization, the rise of stablecoins, and increased adoption of crypto payrolls.

ZKsync will retire its Lite network in 2026, keeping Ethereum mainnet withdrawals open. Launched in 2020, Lite has been surpassed by ZKsync Era and Elastic Network. Security incidents in 2025 prompted a Vitalik Buterin endorsement. Tradable, Deutsche Bank, and UBS conducted asset-tokenization pilots on ZKsync. Withdrawal functions to Ethereum mainnet will continue during the transition.