Digital asset infrastructure provider and qualified custodian BitGo launched an over-the-counter (OTC) trading desk that includes integrated trading, derivatives, lending and qualified custody. The platform features support for spot and derivatives trading, locked token transacting, lending and yield-generating products, and instant settlement, the company said...
Cryptocurrency apps in the U.S. have surged in popularity due to factors such as the potential for profit, low transaction fees, and increasing user accessibility. These platforms allow users to trade cryptocurrencies easily, offering a decentralized, peer-to-peer model that reduces reliance on traditional financial institutions....
The regulations governing stablecoins — their issuance, the reserves backing them, even the use cases — remain in a state of flux. There’s no framework in place yet at the federal level, though legislation introduced earlier this month seeks to make some headway nationally. It’s...
With regulatory clarity on the horizon, cryptocurrency is “now going mainstream,” Coinbase Co-Founder and CEO Brian Armstrong said Thursday (Feb. 13). Speaking during the company’s quarterly earnings call, Armstrong said Coinbase aims to be the platform that helps companies that are new to crypto begin...
In anticipation of a congressional hearing Tuesday (Feb. 11) on regulating digital assets, Rep. Maxine Waters of California introduced a bill that would establish a comprehensive regulatory framework for payment stablecoins, digital assets pegged to a stable value, like the U.S. dollar. The still-unnamed bill...
Blockchain company Ripple has launched a partnership with Portuguese currency exchange provider Unicâmbio. The collaboration, announced Monday (Feb. 10), is designed to support instant cross-border payments between Portugal and Brazil through Ripple Payments, the company’s digital-asset-focused cross-border payments system. According to a Ripple news release, this marks the first time the...
Klarna is set to “embrace crypto” and is asking crypto fans to share ideas of how it can do so. “Ok. I give up. Klarna and me will embrace crypto,” Klarna CEO Sebastian Siemiatkowski said in a Saturday post on X. “More to come.” Ok. I give up. Klarna...
American foundations and university endowments are reportedly increasing their cryptocurrency investments amid a market boom. As the Financial Times (FT) reported Sunday (Feb. 9), many institutions that had long avoided investing in crypto are now joining in out of concern they’ll miss out on price...
Cryptocurrencies have been more financial and investment vehicles than payment mechanism, despite ongoing aspirations to the latter. As the broader ecosystem warms to digital assets, this increasingly makes it essential for corporate treasuries to evaluate crypto’s role in their financial ecosystem. Companies such as MicroStrategy...
