Business

13 February

Locked Out of Finance? Crypto Could Be the Key

The Unbanked Revolution: How Crypto is Breaking Barriers Crypto Crackdown or Control? The Fight for Financial Inclusion Banking on Crypto: The Future of Financial Access Millions of people worldwide remain unbanked or excluded from traditional financial systems. Vasily Nikonov, founder of Velvet Capital, believes that cryptocurrency could be the key to bridging this gap and creating a more inclusive financial …

13 February

Cboe Proposes Staking for 21Shares ETH ETF, Paving the Way for Yield on Ethereum

In a significant move for the crypto ETF market, Cboe has submitted a proposal to allow staking capabilities for the 21Shares Ethereum ETF (ETHE). If approved, this would enable investors to earn staking rewards directly through the fund, bringing a new dimension to Ethereum-based ETFs. What Staking Means for ETH ETFs Ethereum staking involves locking up ETH to help secure …

13 February

FDUSD Joins Forces with FOMO Pay for Seamless Payments on Ethereum & Solana

In a major step toward expanding digital payment solutions, FDUSD has integrated with FOMO Pay, enabling seamless transactions across the Ethereum and Solana blockchains. This partnership aims to enhance merchant payment options and drive greater adoption of stablecoins in everyday commerce. What This Integration Means The collaboration allows businesses using FOMO Pay to accept FDUSD, a fully backed stablecoin, as …

13 February

NY Senator Proposes Bill to Create Crypto Research Task Force

A New York State Senator has introduced a bill to establish a crypto research task force, aiming to study the impact of digital assets on the state’s economy, financial system, and regulatory landscape. The proposed initiative reflects growing interest in understanding cryptocurrency’s role in mainstream finance and policymaking. Objectives of the Crypto Research Task Force The task force would be …

13 February

South Korea’s FSC Unveils Three-Phase Plan to Regulate Corporate Crypto Trading

South Korea’s Financial Services Commission (FSC) is set to introduce a three-phase plan to regulate corporate cryptocurrency trading, signaling a major step toward integrating digital assets into the country’s financial system. The move aims to bring clarity to corporate crypto holdings and ensure compliance with evolving regulatory frameworks. Breaking Down the Three-Phase Plan The FSC’s roadmap outlines a structured approach …

13 February

Robinhood Reports Record Q4 Profit as Trump’s Win Sparks Trading Frenzy

Trading platform Robinhood has posted a record-breaking Q4 profit, fueled by a surge in equity and cryptocurrency trading following Donald Trump’s election victory. The results highlight how political events can drive market volatility, creating lucrative opportunities for trading platforms. Trump’s Win Triggers Market Surge Following Trump’s unexpected win, markets experienced heightened volatility, with both stocks and cryptocurrencies seeing significant price …

13 February

1 in 4 South Koreans Invest in Crypto, Majority Chase Short-Term Gains – Survey

A recent survey has revealed that 1 in 4 South Koreans owns cryptocurrency, with most investors focused on short-term gains rather than long-term holding. The findings highlight the growing influence of digital assets in South Korea, a country known for its high crypto adoption and active trading community. Crypto Adoption on the Rise in South Korea The survey, conducted by …

13 February

TwentyOneVC Unveils Crypto Arbitrage Service to Capitalize on Market Gaps

Venture capital firm TwentyOneVC has launched a new crypto arbitrage service aimed at profiting from price discrepancies across different exchanges. This initiative seeks to leverage market inefficiencies, offering investors a strategic way to generate returns in the fast-moving world of digital assets. What is Crypto Arbitrage? Crypto arbitrage involves buying an asset on one exchange at a lower price and …

13 February

US Law Enforcement Group Makes History by Adding Bitcoin to Balance Sheet

In a groundbreaking move, a US law enforcement association has become the first of its kind to hold Bitcoin on its balance sheet. This decision marks a significant step in the adoption of digital assets by public-sector organizations, signaling growing institutional confidence in cryptocurrency. A Historic First for Law Enforcement The unnamed law enforcement association, which represents officers and agencies …

13 February

Texas Lawmakers Revive Bitcoin Reserve Bill, Now Covering More Cryptos

Texas lawmakers have reintroduced a bill that aims to establish a state-backed Bitcoin reserve, but this time with a broader scope to include other cryptocurrencies. The move signals Texas’ continued push to become a leader in digital asset adoption while integrating crypto into its financial strategy. A Second Attempt at a Crypto Reserve The original bill, introduced in 2023, sought …