Crypto News
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Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into an XRP reserve that will support the company’s global chauffeur services payments network. The Chinese AI-powered mobility firm stated that it may utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit…
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…
Top Win International Limited, now trading under the Nasdaq ticker SORA, announced two major strategic investments this week as it accelerates its pivot into Asia’s fast-growing digital assets market. The moves follow the company’s recent ticker change and come ahead of a pending rebrand to AsiaStrategy, as part of its merger with Sora Ventures, a…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este…
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…
House Financial Services Committee Chairman French Hill introduced the Digital Asset Market Clarity Act on May 29, a bipartisan measure that would place most cryptocurrencies under a unified federal regime and draw clear lines between securities law and commodity oversight. The 249-page bill defines “digital commodity,” “investment-contract asset,” “mature blockchain system,” and “permitted payment stablecoin.”…
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…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Crypto exchange Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework from Austria’s Financial Market Authority (FMA), according to a statement issued on May 29. This license enables the platform to offer digital asset services across all 30 European Economic Area (EEA) countries. Bybit plans to make Austria the hub…
