Category: Peer to Peer

Citadel Securities has invested $400 million in cryptocurrency exchange Crypto. com, valuing the Singapore-based trading platform at $20 billion as established financial groups deepen their involvement in digital assets. The strategic investment will support Crypto. com’s expansion beyond cryptocurrency trading into tokenised securities, derivatives and other blockchain-based financial products. The transaction also gives the exchange a powerful institutional partner with extensive expertise in liquidity provision, pricing and electronic market infrastructure. Crypto. com co-founder and chief executive Kris Marszalek said digital assets

BlackRock’s spot Bitcoin exchange-traded fund held about 733,500 tokens valued at more than $47.5 billion on July 15, cementing its position as the dominant regulated Bitcoin investment product in the United States. The latest official portfolio data differs slightly from a widely circulated social media claim that the iShares Bitcoin Trust held 734,762 Bitcoin worth $47.1 billion. Holdings change each trading day as authorised participants create or redeem fund shares, while the dollar valuation moves continuously with Bitcoin’s market price. The trust,

Revolut has secured in-principle approval from Dubai’s Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, advancing the financial technology group’s plan to build a regulated digital finance platform in the country. The proposed Virtual Assets Service Provider licence would permit Revolut to provide broker-dealer, management and investment, and exchange services. Full operations will remain subject to the company meeting VARA’s conditions and obtaining final regulatory clearance. Once authorised, eligible UAE customers will be able to buy, sell and hold

SBI Holdings and the Solana Foundation have formed a strategic partnership to develop an on-chain financial market centred on Japan, spanning stablecoins, tokenised securities, institutional services and cross-border settlement infrastructure. The collaboration will involve the Solana Foundation acquiring a stake in SBI R3 Japan, a blockchain-focused company jointly backed by SBI Holdings and Sumitomo Mitsui Financial Group. SBI R3 Japan is set to be renamed SBI Solana Global, subject to the necessary corporate procedures. The venture aims to create a regulated market

Polymarket has filed regulatory applications that could allow its United States prediction-market business to offer margin trading, a major step towards introducing leveraged event contracts to American customers. The applications were submitted to the National Futures Association on July 3 through PM Derivatives LLC. They seek registration as a futures commission merchant, membership of the industry regulator and approval to operate as a swap firm. Coming Home GBA LLC, an entity affiliated with Polymarket, is listed in connection with the filings. Approval

BingX has launched a global community initiative after Enzo Fernández scored Argentina’s stoppage-time winner against Egypt, turning a World Cup comeback into a marketing moment for the cryptocurrency exchange and Web3-AI platform. Fernández’s goal completed Argentina’s 3-2 victory in Atlanta after the defending champions had trailed 2-0 deep into the last 16 tie. Cristian Romero began the recovery in the 79th minute, Lionel Messi levelled four minutes later, and Fernández struck in added time to send Argentina into a quarter-final against

President Donald Trump has sharpened his public embrace of Bitcoin, calling cryptocurrency “very powerful” and saying the scale of Bitcoin use is still not fully understood, remarks that have placed digital assets back at the centre of Washington’s financial policy debate. The comments, made during a CNBC interview at the White House, marked another shift for a president who once dismissed Bitcoin as a threat to the dollar but has since recast himself as a champion of the sector. Trump said

Bitcoin fell below $62,000 in Asian trading as renewed US-Iran hostilities drove oil prices higher, prompting investors to cut exposure to cryptocurrencies and other risk assets. The world’s largest digital token traded near $62,000 after touching an intraday low around $61,700, extending a pullback that spread across Ether, XRP and Solana. Ether hovered near $1,625, while several large alternative tokens lost between 1 and 3 per cent as traders moved away from leveraged positions. The sell-off followed President Donald Trump’s statement that

Securitize’s shares have fallen about 40 per cent since the BlackRock-backed tokenisation firm completed its public listing through a Cantor Fitzgerald-linked blank-cheque vehicle, exposing a sharp gap between investor enthusiasm for blockchain-based financial infrastructure and the early trading performance of companies entering public markets through SPAC deals. The company, now trading on the New York Stock Exchange under the ticker SECZ, slipped to about $8 after opening its life as a public company above the $10 level associated with many special

The Reserve Bank of India has renewed its support for keeping cryptocurrency away from the formal financial system, reviving the prospect of a tougher national policy on private digital assets even as millions of users continue to trade through domestic and offshore platforms. Government documents and briefings to a parliamentary panel point to a policy line that leans towards prohibition rather than licensing. The central bank has argued that banks and regulated financial institutions should not be allowed to hold, trade,

Ripple has secured full authorisation under the European Union’s Markets in Crypto-Assets framework, clearing the San Francisco-based blockchain payments company to expand regulated crypto services across the European Economic Area. The approval, granted through Luxembourg’s financial regulator to Ripple Payments Europe S. A., gives the company a Crypto Asset Service Provider licence and allows it to passport services across 30 EEA markets. It follows a preliminary clearance in late June and places Ripple among the firms that have crossed the bloc’s

Securitize began trading on the New York Stock Exchange under the ticker SECZ after completing its merger with Cantor Equity Partners II, giving the tokenisation platform a public-market foothold at a time when Wall Street is testing blockchain rails for regulated securities. The Miami and New York-based company closed its business combination on 1 July, with trading starting the following day. The deal is expected to raise about $400 million in gross proceeds, after Cantor Equity Partners II retained 71.5 per

Bitcoin, Ether and other large crypto tokens are moving in unusually tight formation as a market worth more than $2.2 trillion tries to recover from a bruising correction, raising fresh questions over whether investors are gaining diversification or merely holding different versions of the same risk trade. Live market data showed Bitcoin, Ethereum, XRP, BNB, Solana, Dogecoin, Tron and Hyperliquid’s HYPE controlling roughly $1.74 trillion in combined value, close to the $1.71 trillion level tracked across the same group during the

Dubai’s virtual asset sector has reached a fresh regulatory marker after the Virtual Assets Regulatory Authority issued its 50th Virtual Asset Service Provider licence to Tribe Tokenisation FZE, strengthening the emirate’s push to build a supervised digital-finance industry. The licence, recorded on VARA’s public register as VL/26/06/002 and issued on 22 June 2026, authorises Tribe Tokenisation FZE for broker-dealer services. Its addition takes the number of active licensed VASPs under the Dubai framework to 50, covering exchanges, broker-dealers, custodians, advisory firms,

Metaplanet has added 2,823 Bitcoin to its corporate treasury, taking its total holdings to 43,000 BTC and deepening its position among the world’s largest listed corporate holders of the digital asset. The Tokyo-listed company’s latest acquisition is valued at about $170 million at current market prices, while its total Bitcoin reserve is worth roughly $2.58 billion. The purchase extends a rapid accumulation strategy that has transformed the former hotel and investment business into one of Asia’s most closely watched Bitcoin treasury

Nearly 1,700 British investors have taken Binance and its founder Changpeng Zhao to London’s High Court, seeking at least £150 million in damages over allegations that the crypto trading platform unlawfully sold them high-risk derivative products without regulatory authorisation. The claim, filed on Monday, marks one of the largest private actions brought in Britain against a global crypto exchange. The investors allege that Binance entities promoted and sold leveraged products, including futures, options and leveraged tokens, from late 2019, exposing retail

A broad group of payment, banking, technology and crypto firms has joined Open Standard to introduce Open USD, a US dollar-backed stablecoin designed for large-scale business payments and digital settlement. The initiative brings together more than 140 companies, including Visa, Mastercard, American Express, BlackRock, Coinbase, Stripe, BNY, Standard Chartered, Google, Shopify, Coinbase, Ripple, Fireblocks, Gemini, MetaMask, Emirates NBD and Abu Dhabi Islamic Bank. Open USD, trading under the ticker OUSD, is expected to go live later this year and will be

Tether is moving to turn its multibillion-dollar bullion base into an active lending instrument, with holders of its gold-backed XAU₮ token set to borrow against their digital claims on physical gold without selling the underlying asset. The plan extends the company’s tokenised gold strategy into collateralised credit, a market structure already familiar to holders of bitcoin who use digital assets to obtain liquidity while keeping exposure to price movements. The new product is being developed with Ledn, the crypto lender known

Bitcoin slipped below $60,000 in the final week of June as digital assets endured one of their sharpest weekly reversals of the year, with Dogecoin, XRP and Solana showing relative resilience while broader market sentiment weakened under pressure from interest-rate expectations, a stronger dollar and fund outflows. The largest cryptocurrency changed hands near $59,873 after briefly falling through a level watched closely by traders for signs of deeper stress. Ether traded at about $1,564, extending a weekly fall of nearly 10

Avalanche has launched the Avalanche Payments Collective, bringing together 28 financial and technology groups including VanEck, Franklin Templeton, Anchorage Digital and Paxos in a push to build blockchain-based infrastructure for global payments, treasury management and settlement. The initiative, unveiled on Thursday, is designed to consolidate a payments ecosystem around Avalanche’s blockchain network, covering stablecoins, custody, foreign exchange, card issuance, business payments, asset management, global payouts and on-chain settlement. The group says its participating firms support payment flows across more than 150

My Wallet has moved to a broader multichain identity after MyTonWallet rebranded following its expansion from a TON-native product into an 11-blockchain self-custodial wallet serving more than 9 million users. The change marks a strategic shift for a wallet launched on The Open Network in 2022, as its developers seek to position the platform beyond a single blockchain ecosystem. The product now supports TON, TRON, Solana, Ethereum, Base, BNB Chain, Polygon, Arbitrum, Monad, Avalanche and Hyperliquid, with Bitcoin identified as the

Bitcoin Suisse has secured a crypto-asset service provider licence in Liechtenstein, giving the Zug-based digital-asset group a regulated platform for expanding its services across selected European Economic Area markets as the region’s MiCAR regime reshapes competition among crypto firms. The licence, granted by the Liechtenstein Financial Market Authority to Bitcoin Suisse AG, allows the company to operate under the Markets in Crypto-Assets Regulation, the European framework designed to bring crypto trading, custody and related services under common supervisory standards. The authorisation

XRP slipped towards the lower end of its three-week trading band as weak turnover, softer derivatives positioning and fading momentum left traders focused on the $1.05-$1.10 support zone as the market’s decisive near-term test. The token traded near $1.10 on Tuesday, down about 3 per cent over 24 hours and more than 10 per cent over the week, with its market value hovering around $68 billion to $69 billion. Daily turnover stood near $1.5 billion, a level that pointed to active

SpaceX’s market value has fallen by more than $600 billion in three trading sessions, a reversal that has tested investor confidence in one of the year’s biggest public listings and drawn a sharp contrast with bitcoin’s steadier performance under the same market pressure. Shares of the Elon Musk-led space and technology group extended their decline after the company moved into the bond market for the first time as a public company, seeking longer-term funding only days after a record-setting initial public