Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
The parent company of BitRiver, Russia’s largest bitcoin mining operator, has entered formal bankruptcy monitoring following a court decision that adds to mounting pressure on the once-dominant industry player. According to a report by Kommersant, the Sverdlovsk Regional Arbitration Court ruled on Jan. 27 to begin bankruptcy observation procedures
Finance
Ripple has received full regulatory approval to operate as an Electronic Money Institution (EMI) in the European Union, marking a significant milestone in the company’s European expansion. Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), granted the license on Monday, converting the preliminary approval Ripple
Finance
An investment vehicle linked to a senior Emirati official quietly acquired nearly half of World Liberty Financial, a crypto venture tied to the Trump family, just days before President Donald Trump’s January 2025 inauguration, according to a Wall Street Journal investigation published Saturday. The Journal reports that Aryam Investment
Finance
Piero Cipollone, a member of the European Central Bank’s Executive Board, has underlined the importance of a digital euro in safeguarding Europe’s financial autonomy. Speaking at Rome’s annual New Year’s Forum, Cipollone emphasized that Europe’s reliance on non-European payment providers, such as Visa, Mastercard, and
Finance
WisdomTree, a New York Stock Exchange–listed asset manager, closed last year with record assets under management, underscoring its steady expansion across both traditional and digital finance. The firm reported total AUM of $144.5 billion at the end of the fourth quarter, a 5.3% increase from the previous
Finance
President Donald Trump has named Kevin Warsh as his choice to lead the Federal Reserve, ending weeks of speculation and setting the stage for a closely watched shift in U.S. monetary leadership. The announcement, made Friday via Trump’s Truth Social account, confirmed market expectations that had sharply tilted
Finance
Binance has announced plans to shift $1 billion from its stablecoin reserves into bitcoin, signaling a strong vote of confidence in the world’s largest cryptocurrency at a time when markets are under pressure. In an open letter published Friday, the exchange said it will convert the full balance of
Finance
Alt5 Sigma Corp., a Las Vegas-based financial technology company with connections to a Trump family-backed crypto venture, has unveiled plans for a share buyback of up to $100 million. The program could see the company repurchase as many as 50 million shares—representing roughly 40% of its outstanding shares, or
Finance
21Shares has introduced a new exchange-traded product in Europe that blends Solana price exposure with liquid staking rewards, marking another step in the expansion of regulated crypto yield products for traditional investors. Announced on Thursday, the 21Shares JITOSOL ETP, trading under the ticker JSOL, gives investors exchange-traded access to JitoSOL,
Finance
Hong Kong’s push to connect traditional finance with blockchain technology took another step forward this week as Hang Seng Investment Management unveiled a new gold exchange-traded fund that includes a tokenized share class issued on Ethereum. The Hang Seng Gold ETF began trading on Thursday on the Hong Kong
Finance
A new chapter in the United Arab Emirates’ digital finance landscape opened this week with the launch of a U.S. dollar-backed stablecoin formally sanctioned by the country’s central bank. Universal Digital International Limited announced on Thursday that it has introduced USDU, describing it as the first U.S.
Finance
Fidelity Investments is preparing to enter the stablecoin market with the launch of its first dollar-backed digital token, marking a notable step by one of the world’s largest asset managers into onchain payments and settlement. The stablecoin, branded as the Fidelity Digital Dollar (FIDD), is expected to launch on