Category: crypto

Bitget has completed its New Zealand financial services registration covering five business areas as the crypto exchange expands its tokenized and direct U.S. stock products. The registration includes foreign currency exchange, money transfers, custody of assets, portfolio management, and financial product execution. Bitget also joined the IFSO dispute scheme.

EU sanctions target 14 crypto platforms and 94 banks over alleged Russian links. The package also includes measures against shadow-fleet vessels, oil refineries, and military suppliers. The sanctions cover various countries and entities linked to Russia, with financial restrictions, transaction bans, and tighter controls on energy revenue and military-related activities.

Bitcoin dropped below $65,000 after Trump announced tariffs on imports from 60 trading partners. Strong U.S. jobless claims and rising Treasury yields added pressure on risk assets. Crypto liquidations totaled $162 million as leveraged long traders suffered the most losses. The tariffs will take effect on Friday, affecting various countries.

Galaxy Digital has launched a $5 million fund to support Bitcoin developers working on quantum resistant security solutions. The initiative will finance research into new signature schemes, wallet migration tools, and security audits for Bitcoin. The company is urging other institutions to contribute to this effort to prepare for future quantum computing risks.

Satsuma Technology shareholders have voted to sell the company’s Bitcoin holdings, return capital to investors, and delist from the London Stock Exchange. Over 90% of votes supported the decision, reversing a treasury strategy launched after a $218 million fundraising round last year. The company plans to complete the process by September.

Ramp has launched Solana-powered stablecoin accounts for businesses to hold USDC and USDT and make cross-border payments at any time. The feature integrates with existing workflows, allows payments in over 140 countries, and offers rewards on stablecoin balances. Solana is expanding enterprise payment partnerships, focusing on stablecoin settlements.

Uphold has launched U.S. stock and exchange-traded fund trading within its crypto platform, allowing eligible customers to access over 4,000 listed securities. Users can trade directly between supported cryptocurrencies and stocks, with Uphold converting crypto assets into dollars before executing securities trades through its registered broker-dealer. The platform plans to expand to 24/5 trading to…

Coinbase is expanding its “Everything Exchange” platform to Canada, offering tokenized stocks and traditional financial products. The company is working with Canadian regulators to launch the service and is also monitoring stablecoin regulations to introduce new payment products. Coinbase’s international expansion includes securing authorization in the EU and simplifying registration for Chinese users.

BscScan, a blockchain explorer for BNB Smart Chain, is undergoing maintenance that may disrupt website and API services temporarily. Users can access transactions and other onchain activities through alternatives like BSCTrace and OKLink. Traders and developers may need backup tools during the maintenance period, which is expected to last 3-4 hours.

The U.S. Department of Justice is seeking the forfeiture of over $25 million in cryptocurrency recovered from five international fraud investigations involving fake crypto investment and romance scams in the U.S. and Canada. The recovered assets will be subject to civil forfeiture proceedings to compensate eligible victims. Investigations revealed laundering networks in Southeast Asia, with…