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Key Takeaways: Ripple-owned prime broker Hidden Road has launched an OTC crypto swaps product. Hidden Road is among the first brokers to offer such swaps to U.S. institutions. Institutional OTC volumes grew 106% in 2023, reflecting the broader adoption of over-the-counter crypto trading solutions. On May 28, Ripple’s newly acquired prime broker, Hidden Road, announced…
Key Takeaways: Domestic adoption of the e-rupee hinges on utility, not subsidies. E-rupee usage dropped 90% after subsidies ended, exposing weak demand. Private fintechs like Mintoak are outpacing the RBI by equipping banks with CBDC infrastructure ahead of the mandate. India’s digital rupee is charging onto the global stage, but back home, it’s fighting for…
Key Takeaways: A Russian couple involved in crypto was kidnapped in Buenos Aires and held for ransom. The kidnappers demanded and received a $43,000 Bitcoin ransom from a third Russian national. The Argentine Federal Police are collaborating with Interpol to secure the suspects’ extradition. A young Russian couple involved in cryptocurrency was kidnapped and later…
Bybit, the world’s second-largest crypto exchange by trading volume, has officially planted its flag in Europe. The company has received a Markets in Crypto-Assets Regulation (MiCAR) license from Austria’s Financial Market Authority (FMA), as stated in a May 29 news release. https://t.co/QernVrteeb — Bybit (@Bybit_Official) May 29, 2025 This latest approval positions Bybit to offer…
Key Takeaways: Reform UK leader Nigel Farage will present a draft crypto bill during the Bitcoin 2025 conference in Las Vegas. The bill proposes cutting capital gains tax on crypto to 10%, creating a regulatory sandbox, and outlawing payment discrimination. Reform claims crypto ownership is rising among young voters, with 25% of 18–34-year-olds holding digital…
Bitget is doubling down on digital assets, listing Ripple’s new USD-backed stablecoin, RLUSD, on its spot trading platform to stake its claim as a market leader, according to a May 29 X post. RLUSD is now live on #BitgetSpot! We’re giving away 500 RLUSD to mark the launch Follow @bitgetglobal & @ripple RT with #RLUSDlistBitget…
SpacePay’s crypto presale crosses $1 million as the London fintech startup prepares to change how merchants accept digital currency payments with its innovative payment platform. Despite millions of people owning cryptocurrency, spending digital money in the real world remains strangely complicated. SpacePay thinks they’ve cracked this puzzle. What makes this platform different? They’re not asking…
Ripple has submitted a letter to the SEC, urging clarity on when a token should lose its security label—a move that could strengthen XRP price predictions. While XRP has reentered the “best crypto to buy” conversation with the Ripple SEC litigation nearing its end, ambiguity remains following SEC Commissioner Hester Peirce’s recent “New Paradigm” speech….
Solana is under pressure today, dipping slightly to $172.70 following news that $58 million worth of USDC on its blockchain was frozen by Circle. The stablecoin issuer has the authority to “blacklist” tokens when requested by regulators or if there’s suspicion of criminal activity — sparking renewed debate over control and decentralization within crypto’s leading…
Cloud mining has become one of the most accessible ways to participate in crypto mining, especially for those without the budget or expertise to run physical mining rigs. In this space, HashFly has emerged as a user-focused platform tailored to both newcomers and casual investors. What Is Cloud Mining? Cloud mining allows users to rent…