Category: crypto

IG Group, a London-listed trading platform, has become the first U.K.-listed business to receive a crypto license from the Financial Conduct Authority. This milestone allows IG to offer digital-asset trading on its platform, expanding its cryptocurrency services for customers. The approval follows IG’s partnership with Uphold Europe to offer crypto trading in June.

Amberdata has launched an AI-powered crypto intelligence platform called Amberdata Intelligence for institutional investors. The platform provides blockchain and market data in one interface, allowing users to gain insights through natural language prompts. This move reflects the increasing trend of financial institutions leveraging AI tools for market research and analytics.

Tether acquired 8,889 BTC worth $1 billion in Q3, increasing its reserves to $9.7 billion. This follows the company’s strategy of end-quarter Bitcoin acquisitions. Tether’s USDT supply is near $175 billion, reinforcing its dominance in stablecoins. Bitcoin is a key component of Tether’s reserve strategy as a hedge against market risks.

Anchorage Digital integrates with Jupiter on Solana, aiming to boost institutional access to decentralized finance. This partnership allows Anchorage’s Porto wallet to support Solana DeFi, providing secure access for institutional investors. Jupiter’s DEX ecosystem on Solana offers various DeFi tools, attracting significant investments and growing demand for SOL-related products.

Stripe’s new platform, Open Issuance, allows businesses to create their own stablecoins with customizable reserves and shared liquidity, challenging giants like Tether and Circle. Phantom Wallet is the first to partner, launching the CASH stablecoin for 15 million users. The platform aims to address the market dominance of current stablecoin issuers by providing businesses with…

A new report by Rebank discusses the potential of Real World Assets (RWAs) to transform the financial system. RWAs offer programmability and composability of digital assets, allowing for instant transfer and exchange without intermediaries. While RWAs are currently small, their growth rate is accelerating, similar to the early days of ETFs.

Phantom has introduced a new stablecoin named CASH, pegged to the U.S. dollar, on the Solana platform. With the Open Issuance platform by Stripe’s Bridge, CASH will facilitate crypto payments on Phantom Cash for 15 million wallet users. This stablecoin aims to provide real-world utility and everyday spending power in addition to traditional crypto functions.

Societe Generale-FORGE has launched its stablecoins on Morpho and Uniswap, allowing users to borrow against crypto collateral. The move reflects institutional interest in DeFi and tests regulated stablecoins in decentralized markets. The deployment aims to provide clients with 24/7 access to digital assets and offers a new asset class with tokenized money market funds. MEV…

Brian Quintenz’s nomination to lead the U.S. Commodity Futures Trading Commission has been withdrawn by the White House. Disputes with Tyler Winklevoss and ethics concerns led to the decision. The Trump administration is now seeking a new candidate for the position, with potential candidates including Jill Sommers and Josh Sterling.

The SEC has allowed Ripple, Coinbase, and BitGo to act as qualified custodians for crypto assets through state-chartered trusts. This move expands institutional access to regulated crypto custody, providing clarity and potential growth in the industry. The decision may lead to more money flowing into regulated products and ETFs.