SEC AND CFTC TO CONSIDER ON-SHORING PERPETUAL CONTRACTS FOR U.S. TRADERS: SEC Link

Thailand’s parliament on Friday elected Anutin Charnvirakul, leader of the conservative Bhumjaithai Party, as the country’s new prime minister. The 58-year-old will become Thailand’s third leader since 2023, which for locals, could be a reason to worry rather than relief. According to local news outlets, Anutin easily passed the 247-vote threshold in the lower chamber. Chaikasem Nitisiri, who was running against him and endorsed by the Shinawatra family, received 118 votes. Anutin will replace Paetongtarn Shinawatra of the ruling Pheu Thai Party, who was dismissed last month by the Constitutional Court in an ethics scandal just about a year after she took office. Paetongtarn, daughter of former prime minister Thaksin Shinawatra, was found guilty of violating ministerial ethics in a disagreement with Cambodia by the court on August 29. Leadership changes: Is it bad for crypto in Thailand? The new Thai PM, locally known as the “cannabis crusader,” is set to lead a minority coalition anchored by pro-establishment parties, including groups that had blocked Move Forward, the predecessor of the People’s Party, from taking power after the 2023 election. His agreement with the People’s Party requires that parliament be dissolved within four months of his swearing-in and delivery of his policy statement. According to Cogan, the Bhumjaithai Party leader likely earned People’s Party support because he was “more stable” than Pheu Thai, unpopular over its inability to deliver promises. According to Pheu Thai, domestic spending could increase GDP growth by 5% if all adults were given 10,000 baht through the government’s ambitious digital wallet program. It was introduced under former Prime Minister Srettha Thavisin, but quickly ran into financial and legal obstacles. A policy committee established in October 2023 refined the plan, setting eligibility limits for recipients and proposing a 500 billion baht borrowing law to finance the project. Concerns over fiscal regulations killed the borrowing bill, and attempts to fund the program through state-owned banks also failed. By early 2024, the government turned to the national budget, setting aside 122 billion baht in the 2024 budget bill. On May 19, then-Prime Minister Paetongtarn Shinawatra announced a postponement of the initiative due to “worsening economic conditions” and the President Donald Trump-sponsored US trade tariffs . Cabinet approval on June 18 greenlit 50 projects across nearly 9,000 items, totaling 115.37 billion baht. The diversion of funds effectively ended Pheu Thai’s promise, which Cogan says “eroded public trust in the party’s economic leadership.” The new administration may not outright ban digital assets, but it may retract populist schemes linked to them. “Anutin’s government may abandon policies like the digital wallet scheme for a more pragmatic agenda,” the professor surmised. After Anutin’s election, the Pheu Thai Party vowed to regroup and push its agenda from the opposition benches. “On all the pending policies, we will return to finish the job for all the Thai people,” the party said in a statement on social media. Political changes are unlikely to affect Thailand’s TouristDigipay program announced by Finance Minister Pichai on Monday. According to Cryptopolitan’s late August insight , TouristDigipay is a way for foreign visitors to convert digital assets into baht for travel-related expenses. The program, which will run as an 18-month trial under a regulatory sandbox, is scheduled to begin in the fourth quarter. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

Although the week went rather sluggishly in terms of price movements, there were some big news stories that went out, and the upcoming FOMC meeting could shape the next few months. But first, let’s recap some of the price highlights. Bitcoin experienced some enhanced volatility last Friday when it jumped to $111,500 only to fall hard to $107,500 within hours. The following few days were not any better, as BTC kept digging new local lows at just over $107,000. It wasn’t until Tuesday evening that the bulls finally managed to step up and halt the freefalls. BTC spiked from under $110,000 to over $111,000 and remained there for around 24 hours before the bears pushed it south to $109,500 yesterday. Nevertheless, the buyers resumed control since that daily low and drove the cryptocurrency north again. Just a few hours ago, bitcoin jumped to a weekly high of $113,350 before its progress ran into a wall. As of press time, the largest digital asset remains inches below $113,000. More volatility is expected in the following weeks, especially since the mid-September FOMC meeting, in which the Federal Reserve is anticipated to finally cut the interest rates. For now, though, BTC remains slightly in the green weekly, while many analysts continue to speculate whether September 2025 will continue a long negative tradition of price losses or will this one be different. In terms of notable weekly price performances, BCH and POL stand with double-digit gains, while CRO has dropped by 11% after the spectacular rally last week. Market Data Weekly Market Overview: Source: QuantifyCrypto Market Cap: $3.97T | 24H Vol: $136B | BTC Dominance: 56.5% BTC: $112,650 (+2.2%) | ETH: $4,430 (+1.9%) | XRP: $2.86 (-0.6%) This Week’s Crypto Headlines You Can’t Miss Strategy Spends $450 Million to Acquire Additional 4,048 BTC . The week began on a familiar note as Strategy, and Metaplanet before that, announced their latest BTC acquisitions. The Saylor-led company spent $450 million to increase its stash with 4,048 BTC, while the Asian firm took its holdings to 20,000 BTC after acquiring 1,009 units. Is Bitcoin About to Shock Everyone? Divergence With Equities May Fuel Next Bullish Run . While BTC has remained in a downtrend for several weeks, US equities as well as gold have charted some gains. This divergence , though, can result in some price gains for the largest cryptocurrency. Bitcoin Bull Market Ending in 50 Days, Says Analyst . With several new all-time highs under its belt already this year, analysts have started to predict when the ongoing bull cycle will end. Basing his theory on historical performances, CryptoBirb said we have about 50 days left (even fewer now). Tom Lee’s Bitmine Buys More ETH After Fundstrat Predicts 54x Gain . Bitmine Immersion Technologies continues to accumulate large portions of the second-largest cryptocurrency, buying another 14,665 ETH this week. Additionally, Tom Lee agreed with a prediction that Ethereum could chart a mind-blowing 54x surge from current levels. Eric Trump Signals Ambitions to Win The Bitcoin Race After ABTC Debut . American Bitcoin, a BTC accumulation platform owned by the Trump family, debuted on the Nasdaq this week under the ticker ABTC. Eric Trump was quick to praise the move and said his family wants to win the Bitcoin race. SEC and CFTC Unite: Green Light for Crypto on the World’s Biggest Venues . In a positive development on the regulation front, the two largest US financial regulators issued a joint statement earlier this week indicating that registered exchanges are not prohibited from facilitating the trading of certain spot commodity products. Charts This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis . The post Bitcoin Price Targets $113K as FOMC Meeting and Bearish September Loom: Your Weekly Recap appeared first on CryptoPotato .

Ripple’s RLUSD Stablecoin Surges Past $710 Million in Value, On-Chain Data Shows Ripple’s RLUSD stablecoin has officially crossed a major milestone, surpassing $711 million in value, according to fresh data from on-chain metrics provider RWA.xyz . The achievement underscores the accelerating demand for tokenized stable assets and marks a pivotal moment in Ripple’s broader strategy to expand its influence within the global digital payments landscape. RLUSD, Ripple’s U.S. dollar–backed stablecoin, has gained significant traction since its rollout. Initially launched to provide institutional-grade liquidity for cross-border settlements, the asset is increasingly being recognized as a reliable alternative to existing stablecoins. The $711 million valuation reflects both heightened institutional adoption and growing retail interest, particularly in regions where Ripple has forged strategic partnerships with fintech firms and payment providers. Ripple’s strategy of bridging traditional finance with blockchain has fueled RLUSD’s growth. Unlike most stablecoins confined to decentralized finance (DeFi), RLUSD is built to integrate with Ripple’s On-Demand Liquidity (ODL), giving banks, payment processors, and enterprises instant, cost-efficient, and regulatory-compliant cross-border settlement capabilities. Analysts highlight that RLUSD surpassing $711 million is more than symbolic, it underscores shifting market dynamics. Stablecoins remain one of crypto’s fastest-growing asset classes, functioning as both value stores and exchange mediums. Therefore, this milestone strengthens RLUSD’s position as a challenger to USDT and USDC, especially across corridors already powered by Ripple’s infrastructure. Institutional Access to Ripple’s RLUSD Stablecoin Goes Live in Africa Ripple has expanded its global reach by introducing institutional access to its U.S. dollar-backed stablecoin, RLUSD, in Africa. Through partnerships with leading African fintechs Chipper Cash, VALR, and Yellow Card, the move marks a pivotal milestone for digital asset adoption across the continent. Ripple’s stablecoin, pegged 1:1 to the U.S. dollar, has rapidly gained traction since its launch, positioning itself as a reliable settlement vehicle for cross-border payments and institutional finance. Africa, with its fast-growing fintech ecosystem and high demand for affordable remittances, is emerging as an ideal testing ground for Ripple’s stablecoin strategy. The partnership leverages the unique strengths of each player: Chipper Cash, Africa’s leading payments company, powers cross-border transfers for millions across 20+ countries; VALR, South Africa’s top crypto exchange, provides deep liquidity and institutional-grade trading access; and Yellow Card, the continent’s largest crypto exchange by reach, expands RLUSD into 16 markets with broad accessibility and regulatory compliance. For institutions operating in Africa, ranging from banks to remittance providers, the integration of RLUSD offers immediate benefits. Stablecoins like RLUSD reduce volatility risks tied to local currencies, streamline settlement processes, and lower transaction costs. This is particularly important in Africa, where traditional payment rails are often slow and expensive, making it difficult for businesses and individuals to move money efficiently. Ripple’s move taps into Africa’s surging crypto adoption, fueled by young, tech-savvy populations and the demand for alternatives to inflation-prone currencies. By rolling out RLUSD through regulated partners, Ripple positions itself as both compliant and scalable in tackling the region’s financial challenges. Conclusion Ripple’s decision to extend RLUSD into Africa through Chipper Cash, VALR, and Yellow Card represents more than just a strategic expansion, it’s a bold step toward solving real financial challenges on the continent. By combining stability, speed, and institutional-grade accessibility, RLUSD has the potential to redefine cross-border payments, boost financial inclusion, and unlock new growth opportunities in Africa’s digital economy. On the other hand, the $700 million milestone cements RLUSD’s status as one of the fastest-growing stablecoins on the market, and a cornerstone in Ripple’s push to redefine digital value transfer worldwide.

The employment situation in the U.S. continued to show softness last month, likely sealing the deal for a rate cut at the Federal Reserve's upcoming meeting in mid-September. Nonfarm payrolls rose by 22,000 in August, according to a Bureau of Labor Statistics report released Friday morning. That was shy of economist forecasts for 75,000 and July's 79,000 (revised from an originally reported 73,000). Alongside July's 6,000 job upward revision, June's number was revised lower by 27,000 to a negative 13,000 in what would have been the first negative monthly jobs print since the Covid lockdowns of 2020. The unemployment rate rose to 4.3%, in line with forecasts and up from July's 4.2%. Average hourly earnings rose 0.3% for the month and 3.7% year-over-year, both matching forecasts. Financial markets reacted immediately, with bitcoin (BTC) adding about $500 to $112,800 in the minutes following the report. The "it" asset of the moment, gold shot higher by more than 1% to a new record of $3,644 per ounce. U.S. stock index futures added modestly to previous gains, the dollar weakened and the 10-year Treasury yield fell six basis points to 4.11%. 50 basis point cut on the table Though rising modestly overnight in the hours ahead of the jobs report, bitcoin had been under sizable pressure since hitting a record high above $124,000 in mid-August, falling to as low as $107,400 earlier this week. Even Fed Chairman Jerome Powell flipping from hawk to dove at his Jackson Hole speech on Aug. 22 failed to ignite anything more than a one-day rally. Not entering the debate at all in past weeks was the idea that the Fed might cut rates by 50 basis points instead of the assumed 25. This morning's soft numbers, however, may prompt that discussion to get started. All things being equal, easier monetary policy is assumed to be good for risk assets, bitcoin among them. If the idea of a 50 basis point move this month fails to re-ignite animal spirits in crypto, the bulls might have to reconsider their stance.

We have entered September, historically seen as a bearish month, as Bitcoin (BTC), Ethereum (ETH), and altcoins are experiencing a general correction. At this point, analysts expect September to be a downward month, while the FED interest rate decision, which could change the balances in September, will be announced. While it was stated that the FED's interest rate cut could trigger the rise, the US Non-Farm Payroll data, which is of great importance in the FED's interest rate decision, was announced today. The data released on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy. The data disclosed is as follows: Nonfarm Payrolls Data: 22k Announced vs. 75k Expected vs. 73k Previous Unemployment data: Announced 4.3% – Expected 4.3% – Previous 4.2% Bitcoin's reaction after the incoming data was as follows: *This is not investment advice. Continue Reading: BREAKING NEWS: Critical US Nonfarm Payrolls and Unemployment Data Released! Here's Bitcoin's (BTC) Initial Reaction!

South Korea's Financial Services Commission (FSC) has announced new rules for crypto lending services offered through centralized exchanges. South Korea Introduces New Regulation on Crypto Loans: Interest Rate Cap 20% The Commission stated in a press release that the regulation “aims to strengthen user protection, taking into account global examples.” Under the new regulations, leveraged loans exceeding collateral value are prohibited. Additionally, a 20% cap has been imposed on crypto loan interest rates. Products requiring users to repay with cash are also banned due to their violation of credit regulations. The FSC emphasized that companies offering these services may only use their own capital and will not be permitted to circumvent the rules indirectly through third-party services. Users' credit limits will be determined based on their transaction history and experience. Furthermore, investors will be required to be notified in advance of any liquidation risks. The new rules will only apply to the top 20 cryptocurrencies by market capitalization, or to crypto assets traded on at least three licensed local exchanges. If a cryptocurrency is categorized as “attention,” lending services for that asset will also be suspended. The regulation comes into effect today, and compliance will be overseen by the Digital Asset Exchanges Association (DAXA). The FSC plans to transpose the rules into legal regulations based on implementation results. This move follows last month's FSC order to suspend lending services to Upbit, Bithumb, and other exchanges. *This is not investment advice. Continue Reading: South Korea Introduces New Rules for Crypto Lending Services Offered Through Centralized Exchanges! Here Are the Details

Tether, the company behind the world’s largest stablecoin USDT, is exploring deeper exposure to gold by investing directly across the metal’s global supply chain. Key Takeaways: Tether is expanding its gold strategy with investments across mining, refining, and trading. The company has already poured over $200 million into gold royalty firm Elemental Altus. CEO Paolo Ardoino views gold as a natural complement to Bitcoin, calling it “our source of nature.” Tether has held talks with multiple mining and investment groups to back ventures spanning extraction, refining, trading, and royalty finance, the Financial Times reported , citing sources familiar with the matter. The company already holds $8.7 billion in gold reserves stored in Zurich, used as partial backing for its tokens, but now appears to be eyeing physical gold investments on a much larger scale. Tether CEO Calls Gold “Our Source of Nature” Tether’s CEO Paolo Ardoino has publicly praised gold as a foundational store of value, going as far as calling it “our source of nature.” In a May speech, he said: “I know people think that bitcoin is ‘digital gold.’ I prefer to think in Bitcoin terms — I think gold is our source of nature.” The company has made initial moves in the space. In June, Tether Investments acquired a $105 million stake in Elemental Altus, a Toronto-listed gold royalty firm. Just last week, it followed up with an additional $100 million investment, timed with Elemental’s merger with rival EMX. According to Juan Sartori, head of business initiatives at Tether, the goal is to build out a broader “gold exposure” strategy. Tether’s interest has raised eyebrows among gold insiders. “They like gold. I don’t think they have a strategy,” said one mining executive. Another commodity veteran called Tether “the weirdest company I have ever dealt with.” When the biggest #stablecoin starts buying gold mines… what does that tell you? #Crypto giants are parking profits in precious metals. Signal or warning? #Tether #Gold #Silver pic.twitter.com/KmmcoKikL7 — Jay Roberge (@jmroberge) September 5, 2025 Talks were also held with Terranova Resources, a British Virgin Islands-based gold vehicle, though those negotiations did not lead to a deal. Tether runs XAUt, a token backed by physical gold, but it remains a niche product with a market cap under $900 million, far from USDT’s dominant $168 billion. The company also operates a growing commodity trade finance book, issuing short-term loans for bulk raw material shipments. As digital assets continue to merge with traditional commodities, Tether’s gold ambitions signal a broader effort to blend blockchain-based finance with hard-asset backing. Trump-Backed GENIUS Act Boosts US Push for Dollar-Pegged Stablecoins The recent passage of the GENIUS Act , signed by President Trump, aims to cement the dollar’s dominance by backing dollar-pegged stablecoins in global markets. The Treasury Department expects the stablecoin market to exceed $2 trillion by 2028, a projection that places greater emphasis on liquidity, interoperability, and regulatory alignment across the ecosystem. Tether’s latest move underscores a pragmatic shift toward that future. As reported, Ripple CEO Brad Garlinghouse has said the stablecoin sector is poised for explosive growth, projecting the market could balloon from its current $250 billion capitalization to as much as $2 trillion in the near future. “Many people think it will reach $1 to $2 trillion in a handful of years,” Garlinghouse said, adding that Ripple is positioned to benefit from that trajectory. Meanwhile, Western Union is positioning itself for a new phase of digital transformation, signaling strong interest in using stablecoins to modernize its global remittance operations. CEO Devin McGranahan has outlined how stablecoins could streamline cross-border transfers, improve currency conversion in underserved markets, and provide financial tools for populations grappling with unstable local currencies. The post Stablecoin Giant Tether in Talks to Deepen Gold Investments Beyond $8.7B Reserves appeared first on Cryptonews .

More on Elemental Altus Royalties Corp., StableCoin USD Elemental Altus Royalties Corp. (ELEMF) Q2 2025 Earnings Call Transcript China is said to weigh yuan-backed stablecoins to boost global currency usage Crypto market cap surpasses $4 trillion amid passage of U.S. stablecoin bill Historical earnings data for Elemental Altus Royalties Corp. Financial information for Elemental Altus Royalties Corp.

Key Highlights SEC proposes crypto trading on stock exchanges for the first time. New rules could cut regulatory burdens for brokers and companies. Modernized regulations aim to boost innovation in digital assets. SEC Charts Bold Course for Crypto Innovation in 2025 The U.S. Securities and Exchange Commission (SEC) has unveiled a new rulemaking agenda focused on shaping the future of digital assets. The initiative highlights innovation, regulatory clarity, and simplified procedures for public companies and brokers. SEC Chairman Paul Atkins emphasized that the changes signal a shift toward supporting innovation while reducing regulatory burdens that may slow growth in the crypto sector. Key Reforms in the SEC’s Agenda A standout feature of the agenda is the proposal to allow cryptocurrency trading on national stock exchanges and alternative trading systems. Experts believe that, if approved, this could mark a major milestone for the digital asset industry. The agenda also outlines around 20 changes for brokers, dealers, and custody services. Updates on financial responsibility rules could ease compliance pressures, while clarifications on broker-dealer operations aim to provide greater certainty for digital asset transactions. Modernization of Investment Advisers Act The SEC is also modernizing the Investment Advisers Act of 1940. New proposals include adapting asset custody requirements to suit crypto firms. These updates come eight months after the repeal of previously proposed stricter rules, signaling a move toward more flexible, innovation-friendly regulation. Atkins explained that the regulator aims to move away from overly burdensome rules introduced before 2025, focusing instead on effective and reasonable oversight. All initiatives will still undergo a standard review and discussion process before final approval.

The USA has become the second country in terms of crypto adoption globally per the latest Chainalysis Global Crypto Adoption Index, which reviewed data from July 2024 to June 2025 . The Chainalysis Global Crypto Adoption Index report also found that APAC countries led by India, Pakistan and Vietnam have furthered their status as a global crypto hub, with North America climbing to the second-highest regional position after approval of spot Bitcoin ETFs and regulations. India retains its place in first position, but Nigeria has slid from second to sixth spot. Crypto adoption is growing across regions APAC emerged as the fastest-growing region for on-chain crypto activity, with a 69% year-over-year increase in value received. Total crypto transaction volume in APAC grew from $1.4 trillion to $2.36 trillion, while Latin America’s crypto adoption grew by 63% because of adoption in retail and institutional segments. More importantly, Sub-Saharan Africa’s adoption grew by 52%, indicating the region’s continued reliance on crypto for remittances and everyday payments. Despite growth in Latin America, APAC, and Africa, it is North America and Europe that continue to dominate, receiving $2.2 trillion and $2.6 trillion in crypto in the past year. North America saw 49% growth, while Europe saw 42% MENA saw a more modest 33% growth, suggesting a slower pace of adoption relative to other emerging markets, though total volume still exceeded half a trillion dollars. When Chainalysis adjusted their index for population size, they uncovered that Eastern European countries were seeing higher crypto adoption and activity led by Ukraine, Moldova, and Georgia, with Jordan in the Middle East being the 4th on the list. Stablecoins see growth globally USDT processed over $1 trillion per month, between June 2024 and June 2025, peaking at $1.14T in January 2025, while USDC operated within the $1.24T to $3.29T range, peaking in October 2024. However, the most rapid growth came from smaller stablecoins like EURC, PYUSD , and DAI. When it comes to fiat on-ramping, Bitcoin leads by a wide margin, accounting for over $4.6 trillion in fiat inflows. Layer 1 tokens (excluding BTC and ETH), saw roughly $3.8 trillion in volume and stablecoins ranked third at $1.3 trillion, while altcoins followed at approximately $540 billion. KEY Difference Wire helps crypto brands break through and dominate headlines fast

BitcoinWorld Stablecoin Tracking: Revolutionary Elliptic Solution Unveils Game-Changing Crypto Compliance The world of cryptocurrencies is constantly evolving, with stablecoins playing an increasingly vital role in daily transactions and global finance. But how do you keep tabs on these digital assets as they zip across various blockchains? This has been a significant challenge for institutions and regulators alike. Fortunately, a major step forward has just been announced: blockchain analytics firm Elliptic has developed a groundbreaking new stablecoin tracking solution. What is Elliptic’s Breakthrough in Stablecoin Tracking? Imagine a digital asset that maintains a stable value, often pegged to fiat currencies like the US dollar. That’s a stablecoin. Their popularity has soared, making them a cornerstone of the crypto economy. However, their movement across different blockchain networks has created complex tracing challenges. Elliptic’s new tool directly addresses this by specializing in tracing the intricate flow of stablecoins, no matter which blockchain they traverse. CoinDesk recently reported on this innovative development. The ability to follow these assets across multiple chains is a game-changer for compliance and risk management. It provides an unprecedented level of transparency that was previously difficult to achieve, setting a new standard for stablecoin tracking . Why is Enhanced Stablecoin Tracking Crucial for the Crypto World? The digital asset landscape is under increasing scrutiny from global regulators. Ensuring compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations is paramount. Without robust stablecoin tracking , illicit activities could go undetected, posing significant risks to the financial system. This advanced solution helps prevent financial crime by offering a clear audit trail. It builds greater trust in the digital asset ecosystem, making it safer for both individuals and institutions to participate. Elliptic revealed that some large, established banks are already leveraging this solution, highlighting its immediate practical value and the urgent need for such capabilities. For these banks, the benefits are clear: Regulatory Compliance: Meeting stringent global standards with greater ease. Risk Mitigation: Identifying and preventing potential illicit transactions. Enhanced Due Diligence: Gaining deeper insights into transaction origins and destinations. How Does This Stablecoin Tracking Solution Benefit Banks and Businesses? For financial institutions navigating the complex world of digital assets, Elliptic’s stablecoin tracking solution offers a significant advantage. It provides the necessary tools to maintain robust compliance programs, which are essential for operating within regulatory frameworks. This isn’t just about avoiding penalties; it’s about safeguarding reputations and fostering a secure environment for digital finance. Consider a scenario where a stablecoin is used in a cross-border transaction. Traditionally, tracing its journey across different blockchains could be a fragmented and time-consuming process. With Elliptic’s solution, banks can now consolidate this data, offering a holistic view of the transaction lifecycle. This streamlines investigations and ensures that all parties adhere to necessary financial regulations. The tool’s ability to provide a comprehensive view of stablecoin movements empowers institutions to: Streamline Operations: Automate parts of their compliance checks. Improve Decision-Making: Access real-time, accurate data for risk assessments. Expand Services: Safely engage with stablecoin-related services. Addressing the Complexities of Stablecoin Tracking Tracking stablecoins presents unique challenges. Unlike traditional fiat, stablecoins exist on decentralized networks, often moving between different blockchains through bridges or exchanges. This multi-chain nature, combined with the sheer volume of transactions, makes comprehensive tracking incredibly complex. Elliptic’s solution rises to this challenge by employing sophisticated analytics to stitch together transaction data from various sources. It uses advanced algorithms to identify patterns and anomalies, helping institutions pinpoint suspicious activity more effectively. This technological leap is crucial for maintaining market integrity and preventing the misuse of digital assets. The future of digital finance heavily relies on robust and transparent infrastructure. Tools like this are not just about compliance; they are about building a more secure and trusted financial system for everyone. As stablecoins continue to gain traction, the demand for such advanced stablecoin tracking capabilities will only grow. Summary: Elliptic’s new stablecoin tracking solution marks a significant milestone in blockchain analytics. By enabling comprehensive, cross-chain tracing of stablecoins, it empowers financial institutions to meet regulatory demands, mitigate risks, and build greater trust in the digital asset space. This innovation is vital for the continued growth and legitimization of the cryptocurrency ecosystem, ensuring a safer and more transparent future for digital finance. Frequently Asked Questions (FAQs) Q1: What is Elliptic’s new stablecoin tracking solution? A1: Elliptic has developed an advanced analytics tool specifically designed to trace the movement of stablecoins across different blockchain networks, providing comprehensive visibility for compliance and risk management. Q2: Why is cross-chain stablecoin tracking important? A2: Cross-chain stablecoin tracking is crucial for regulatory compliance (AML/KYC), preventing illicit financial activities, and building trust in the digital asset ecosystem by offering transparency across fragmented blockchain environments. Q3: Which institutions are currently using this solution? A3: Elliptic has indicated that several large banks are already utilizing their stablecoin tracking solution, underscoring its immediate relevance and effectiveness in the traditional financial sector. Q4: How does this solution benefit financial institutions? A4: It helps institutions streamline compliance, mitigate risks associated with illicit transactions, enhance due diligence processes, and safely expand their engagement with stablecoin-related services. Q5: What challenges does stablecoin tracking address? A5: The solution addresses the complexities of tracking stablecoins across multiple, often disparate, blockchain networks, overcoming issues of data fragmentation and the high volume of transactions to provide a unified view. Found this article insightful? Share it with your network to spread awareness about the advancements in stablecoin tracking and crypto compliance! Let’s build a more transparent and secure digital finance future together. To learn more about the latest crypto market trends, explore our article on key developments shaping stablecoins institutional adoption. This post Stablecoin Tracking: Revolutionary Elliptic Solution Unveils Game-Changing Crypto Compliance first appeared on BitcoinWorld and is written by Editorial Team

South Korea’s new crypto lending rules cap interest at 20%, ban leveraged lending, and limit lending to top tokens by market cap or those listed on three won-based exchanges. Exchanges

Pi42, co-founded by Avinash Shekhar, describes itself as India’s first Crypto-INR Perpetual Futures Exchange. The platform seeks to provide local traders with an alternative to offshore exchanges by offering INR-margined and INR-settled derivatives that aim to reduce tax friction and improve accessibility. With more than 500 trading pairs available and options trading set to launch soon, Pi42 is positioning itself at the intersection of innovation and compliance in India’s evolving crypto landscape. Speaking to Invezz , Avinash Shekhar, Co-Founder and CEO of Pi42, outlines the company’s vision, its focus on regulatory alignment, and how it plans to expand access to structured products for Indian investors. Here are the excerpts from the interview: Invezz: Pi42 calls itself India’s first Crypto-INR Perpetual Futures Exchange. What gap in the market were you aiming to fill with this product? When we started Pi42, we saw a clear gap. Indian traders were relying on offshore USDT-based exchanges to access crypto futures. This meant navigating currency conversion, higher costs, and complex tax implications. More importantly, funds were parked overseas without local protections. We wanted to solve these pain points by creating India’s first INR-margined perpetual futures exchange, onshore, transparent, and compliant. By allowing traders to directly margin and settle in INR, Pi42 makes futures more accessible, tax-efficient, and aligned with Indian regulations. Our mission was simple: bring world-class products to Indian users in a way that’s safe, local, and sustainable. Pi42 bridges the gap between global-grade products and Indian realities which are safe, onshore, and INR-based. Invezz: How does Pi42’s vision of a “crypto-empowered global ecosystem” translate into practical steps for Indian investors today? Our vision is to make crypto derivatives not just accessible, but empowering for every kind of investor. For Indian users, this translates into three practical steps. First, building products that are designed for the local context, like INR perpetual futures and, soon, options contracts in INR margin. Second, ensuring compliance with KYC and AML so that investors can trade with peace of mind. And third, creating an ecosystem of education, from workshops to in-app guided flows, so that both beginners and advanced traders understand risk management. For us, “crypto-empowered” means traders are not limited to speculation; they can hedge volatility, optimise taxes, and use structured strategies, all on a platform that keeps transparency and compliance at its core. A crypto-empowered ecosystem starts with local products, strong compliance, and relentless focus on education. Invezz: What differentiates Pi42 from other global perpetual futures exchanges? Globally, perpetual futures are dominated by USDT-based exchanges that cater to advanced traders. Pi42 is different because it was built ground up for India. Our contracts are INR-margined and INR-settled, which eliminates the 1% TDS and 30% VDA tax applied to spot trading. We’ve also lowered entry barriers users can start with small amounts instead of committing large capital. Our rapid trade engine, compliance-first approach, and mandatory KYC/AML make Pi42 a safer, more transparent option. And we’re not stopping at futures; our upcoming INR-margined options product will further widen access to structured strategies like spreads and covered calls, something rarely available in the Indian context. These differentiators: local currency, tax efficiency, lower entry costs, and a focus on compliance make Pi42 unique. Unlike offshore players, Pi42 is Indian at its core: INR-based, tax-efficient, and built for local adoption. Invezz: You’ve emphasised regulatory compliance as a core pillar of Pi42. How are you navigating India’s evolving stance on crypto? We have always believed that the future of crypto in India must be built on compliance and transparency. From day one, Pi42 implemented strict KYC and AML protocols, with instant verification using Aadhaar, PAN, and selfie checks. We also ensured that all INR flows happen through regulated banking channels, giving users clarity and trust. While India’s regulatory framework is still evolving, our approach is to stay one step ahead whether through FIU registration, following global best practices, or maintaining open dialogue with policymakers. We see compliance not as a cost, but as an investment in long-term trust. This approach allows us to build products like INR futures and options with confidence, knowing they will stand the test of regulatory clarity. Compliance isn’t a checkbox for us; it’s the foundation of sustainable crypto adoption in India. Invezz: One of Pi42’s selling points is avoiding the 1% TDS and 30% VDA tax. Can you explain how the platform ensures tax efficiency while staying compliant with Indian regulations? The key lies in our product design. The 1% TDS and 30% VDA tax apply to spot crypto transactions. Since Pi42 does not offer spot trading and focuses exclusively on derivatives, these taxes are not triggered. Instead, our contracts are margined and settled in INR, with all flows routed through regulated banking channels. This makes them both tax-efficient and compliant. For traders, the benefit is significant: they can trade actively without losing capital to high tax friction. At the same time, Pi42 remains fully within the law, implementing robust KYC/AML and adhering to FIU requirements. In short, Pi42 was built as a sustainable, compliant platform that delivers efficiency and transparency for Indian users. Invezz: What feedback have you received so far from users on seamless INR trading, and how critical is that feature for adoption in India? The response to INR-based trading has been overwhelmingly positive. For most Indian users, the biggest barrier on offshore exchanges was dealing with USDT, converting INR into stablecoins, paying high fees, and managing tax headaches. By letting them margin and settle directly in INR, Pi42 removes all that complexity. Many traders tell us this makes the platform feel more transparent and trustworthy, since funds remain in regulated Indian bank accounts. It also enables faster deposits and withdrawals, which is critical for active traders. For adoption, INR is not just a convenience feature; it’s the foundation that makes derivatives truly accessible in India. With options trading about to launch, we expect this simplicity to bring an even wider audience into structured products. For Indian traders, INR is not just convenient; it’s the foundation for trust and adoption. Invezz: Beyond perpetual futures, are there plans to expand into other derivative products or financial instruments? Our next major focus is launching crypto options. Globally, in 2025, crypto derivatives account for approximately 76% of total cryptocurrency trading volume, underscoring their dominance in the digital asset market. The Asia-Pacific region, which includes India, is contributing significantly to this momentum, with retail investors showing a growing appetite for structured strategies like covered calls and spreads. By expanding into options, Pi42 aims to align with these global and regional trends while making advanced derivatives accessible and INR-margined for Indian traders. Invezz: Can you walk us through the roadmap for Pi42’s options trading launch — from when it’s expected to go live to how you’re approaching the rollout for Indian investors? We expect options trading to go live shortly, and the rollout has been planned in structured phases. Phase 1 will introduce BTC, ETH, and SOL options directly in INR, with both buying and selling available, flexible expiries, and low entry margins starting from just ₹20, a first in India. The idea is to make options accessible while still offering institutional-grade features like Greeks, IV, and real-time order books. As adoption builds, Phases 2 and 3 will layer on advanced capabilities, basket orders, payoff graphs, dynamic delta hedging, and strategy templates such as straddles and iron condors. Alongside this, we’re investing heavily in trader education, since many Indian investors are new to options. Our vision is to help them not just speculate but use structured hedging and yield strategies, all in a tax-efficient, INR-native environment. Invezz: What adoption trends have you seen since launch, both in terms of volume and user demographics? Since launch, Pi42 has seen adoption scale rapidly, crossing 200,000+ registered traders and facilitating close to 5 billion in cumulative trading volume. On the retail side, the low entry barrier and INR margining have attracted users from Tier 2 and Tier 3 cities, who often felt excluded from offshore exchanges. At the same time, our liquidity and advanced features have drawn in more experienced traders looking for a compliant, onshore alternative. Daily volumes are growing steadily, with many users trading multiple pairs across BTC, ETH, and popular altcoins. We’re also seeing encouraging signs of community-led growth, with referrals and word-of-mouth being strong drivers. Importantly, feedback has shown us that education and guidance are key, which is why our roadmap includes more learning tools, especially as we roll out options trading. Invezz: Looking ahead, do you plan to expand internationally, or will India remain the core focus market? We see India as one of the most exciting markets for crypto derivatives right now. Adoption is accelerating rapidly, driven by young, tech-savvy investors and increasing awareness in Tier 2 and Tier 3 cities. That’s where our energy is going building liquidity, expanding products like INR-margined options, and strengthening education for traders here. India offers enormous headroom for growth, and we’re confident that by focusing on this market, Pi42 can set the benchmark for what a compliant, world-class derivatives exchange should look like. Invezz: What’s your outlook for the Indian crypto ecosystem over the next 2–3 years, especially with a possible regulatory framework on the horizon? We’re optimistic. The last few years have shown that despite uncertainty, Indian users remain deeply interested in crypto as an asset class and trading opportunity. With a clear regulatory framework on the horizon, we believe the industry will transition from cautious adoption to mainstream acceptance. For exchanges, this means doubling down on compliance, transparency, and education, values we’ve championed from day one. We expect to see a shift from speculative spot trading to more structured derivatives strategies, particularly as products like INR options become available. Over the next 2–3 years, India could emerge as a global leader in responsible crypto adoption, provided exchanges continue to work hand-in-hand with policymakers. Pi42’s role will be to ensure that Indian traders have access to safe, innovative products that meet both local and global standards. The post Interview: India could be global leader in responsible crypto adoption, says Pi42 CEO Avinash Shekhar appeared first on Invezz

Summary I'm bullish on MARA due to its industry-leading hash rate, strong Bitcoin holdings, and direct leverage to Bitcoin's price appreciation. Regulatory clarity, institutional adoption, and the US Spot Bitcoin ETF support my $200,000 Bitcoin price target by 2030, directly benefiting MARA. MARA's energy independence and efficient mining operations drive profitability, while its undervalued P/S ratio offers significant upside potential. With a projected price target of $37.07 by 2026, I see over 133% upside and reiterate my buy rating despite Bitcoin volatility risks. Introduction & Investment Thesis I am bullish on MARA Holdings, Inc. (NASDAQ: MARA ), driven by Bitcoin’s price estimate of $200,000 by 2030. Before I arrived at this angle, I first went to look at the company’s standing in terms of bitcoin mining. What I am finding is that in the latest quarter, MARA’s Q2’2025 bitcoin mining increased by 3% YoY to 2,358 BTC. This increase was seen after an increased hash rate by 6% from 54.3 EH/s in Q1’2025 to 57.4 EH/s. This indicates that the company has high computational power dedicated to mining and securing more blockchain in Bitcoin. After examining MARA’s edge in Bitcoin mining, I also notice that its revenues in the Q2’2025 increased by 64% YoY to $238.5 million. Moreover, the company’s net income surged by a whopping 505% YoY to $808 million, driven by gains in Bitcoin appreciation . Between April 2025 to June 2025, Bitcoin appreciated from $76,000 to $110,000, representing a 44.74% gain, which contributed to MARA’s gain. Therefore, looking at the historical price returns of BTC and MARA, I find that as Bitcoin gains, MARA revenues soar even after recording a minimal revenue increase YoY, as seen in Q2’2025. Seeking Alpha This prompts me to find out what is there for MARA in BTC price projection reaching $200,000 by 2030. Given my thesis above, I will now delve into why I believe BTC performance will influence MARA profitability in the future, which is why I am rating this ticker as a buy. Company Brief MARA Holdings provides technology solutions that optimize data center operations, such as firmware for Bitcoin miners and liquid immersion cooling. The company was incorporated in 2010 and is headquartered in Hallandale Beach in Florida. The Market Outlook Before I explain how MARA is positioning itself to maintain a consistent mining capability to make the most from the Bitcoin gain, let me get to what makes this $200,000 price seem close by 2030. Firstly, one of the drivers is the creation of value from the institutional adoption. A good example is Trump’s administration executive order creating a leeway for American citizens to invest in Bitcoin as their retirement plans, since it’s already classified among the US store of value . Over 90 million Americans who did not have an opportunity to participate in digital assets directly through their retirement plans can now access this alternative investment programme. Government involvement in Bitcoin invokes confidence in Bitcoin as a digital asset, which could suggest that there is potential of upside potential from this institutional optimism. Also, when I look at the US Spot Bitcoin ETF that was launched in 2024, which opened access to institutional Bitcoin capital, it has so far generated around $5 billion to $10 billion daily on active days by Q3’2025. Secondly, regulatory clarity around US crypto is undergoing a significant shift. For instance, the GENIUS Act , which was signed into law on July 18, 2025 is regulates stable coin payments. After the GENIUS Act (Guiding and Establishing National Innovation for the US), jurisdictional ambiguities that limited access to Bitcoin have been resolved. Following the Act, the federal regime payment of stablecoin requires reporting 100% of their reserve banking and monthly disclosures. This regulatory initiative aims to improve trust in digital coins such as Bitcoin. Still on Bitcoin gaining leverage and a store of value, I am also looking at it from an angle of possible crypto credit cards driven by halving, which is managing its inflation and scarcity to shape its long-term value. I previously introduced the executive order requiring organizations to start considering alternative stores of value, a trend that is evident in 2025 Bitcoin ownership, where businesses continue owning most Bitcoins. River MARA’s Position In Bitcoin Optimism Now, with this picture in mind, I will explain to you how I see MARA positioning itself for this gain in Bitcoin value. I am looking at this from two angles, including its edge in bitcoin mining capability and how it is gaining as Bitcoin gains in value. Let’s begin with its edge in Bitcoin mining. MARA has an edge at its current 54.3 EH/s to 57.4 EH/s. This makes MARA a leading company in terms of hash rate, to means that it has a high chance of being the first company to solve new blocks. Having a high hash rate shows that MARA’s computational power is higher than its competitors, and this makes it capable of solving complex mathematical problems much faster. Bitcoin Mining stock.io Energy consumption is a major concern affecting earnings rewards in Bitcoin mining, but MARA has insulated itself from this cost by transitioning power reliance to its own power production. The company now owns 114W wind power in Texas, which adds up to 70% of its total fleet it owns and operates. This energy independence is a major driver of more profit margins that would be consumed by power volatility. As of Q2’2025, the company increased its mining fleet by 26% YoY , which consumes around 18.3 J/TH, which is among the industry’s lowest. MARA remains a leading Bitcoin miner compared to its competitors, on a month-by-month basis, which is a good leverage point as the Bitcoin price shows a high chance of an upside. Cointelegram.com Now, this brings me to my second view on how MARA will benefit from Bitcoin gain trading, aiming to reach $200,000 by 2030. Recall that in my investment thesis, I demonstrated how the price return trajectory of BTC causes a similar trajectory in MARA Holdings’ price return. For example, from June 30, 2024, BTC was trading at $62,668, and the value has increased to $111,358 currently. This continuous increase in Bitcoin has a significant impact on MARA as it continues to mine more Bitcoins and hold them compared to competitors’ selling rate. The Miner Mag I believe MARA is maintaining this holding strategy, looking up to the projected Bitcoin gains demonstrated above. The hint that directs my thought process along this perspective is the recent Q2’2025 , which reported a substantial net income of $808.2 million from a loss of $199.7 million in Q2’2024. This gain was driven by the increase in Bitcoin’s fair value of $1.2 billion from its Bitcoin holding as the price of Bitcoin gained during the quarter. Financials And Valuation In the last 5 years, MARA revenue growth YoY has been averaging above 100% but 2022 was an exception when the revenue growth was -26.02% due to a sharp decline in Bitcoin, which was selling at $16,400 at the time from $64,800. Since then, Bitcoin’s price has been increasing, and this is equally portrayed in MARA’s revenues, which have been beyond double digits. Stock Analysis When you look at the revenue growth YoY, FY2023 saw an increase by 229.08% but has been going down to the current TTM of 41.32% and I am equating this to increasing Bitcoin network difficulty, value and hash price. The company is addressing this through increasing its hash rate, which currently stands at 57.4 EH/s, and moving away from the national grid to its own wind power generation. As a result, the company has become the leading Bitcoin miner and holds the most Bitcoins. This is an edge that MARA has to leverage to capitalize on Bitcoin increase in Bitcoin price. Let’s move to profitability. In the same timeframe, the company’s profitability has regained significantly from a loss of $694.022 million in FY2022 due to Bitcoin’s loss in value. Since then, as Bitcoin regained its value, the company’s profitability has been on an uptrend, with the current TTM net income at $678.78 million. The company Stock Analysis Moving on to valuation, I will use the P/S ratio metric to compare that of its competitors, Riot Platforms, Inc. (NASDAQ: RIOT ) and Hut 8 Corp. (NASDAQ: HUT ). MARA, with a P/S ratio of 6.63x, is undervalued, given its high hash rate of 57.4 EH/s. Compared to MARA hash rate, which is a major driver in accessing more Bitcoin blockchains, the latest hash rate for RIOT is 35.4 EH/s with a P/S ratio of 8.26x and HUT’s hash rate is 9.3 EH/s at a P/S ratio of 19.43x. This shows how much the market has undervalued MARA. Seeking Alpha I am also learning that even without selling its Bitcoins, MARA maintains a positive revenue growth YoY of 41.32% compared to RIOT, which is selling its Bitcoins and currently remaining with 19,287 BTC at revenue YoY growth of 93.46%. On the other side, HUT, which has held its Bitcoins, its revenue YoY is at -5.64%. This means that if MARA were to sell its Bitcoins now, it would probably record the highest revenue growth YoY, but instead holds them for future value discussed above, and this is why I reiterate my bullish rating. Even with the company’s holding strategy to potentially benefit from high prices, I see a significant upside potential here. To estimate my price target by 2026, I will start by projecting the company’s financial performance by the said year. In my estimations, I will assume a revenue growth rate of 55% for 2025 and 35% for 2026. This reflects its holding initiative while maintaining strong growth. For profitability, I expect its net income to expand slightly from the 2024 82.46% to about 86% in 2026. With these assumptions, I am arriving at an estimated revenue of $1.37 billion by 2026 which is very close to the consensus estimates of $1.33 billion. Considering the company’s undervaluation, I believe the company will reward this company with a better P/S as the Bitcoin value keeps growing which as demonstrated earlier leads to a higher price for this stock. For this reason, I will assume a forward P/S of 10x. This is between its peers which represents my optimism and the fact that MARA may not fetch a higher PS as HUT who has a stronger sales growth because it’s liquidating most of its Bitcoins. With these assumptions, I am projecting a price of about $37.07 per share by 2026 marking an upside potential of more than 133%. Given this potential alpha, I think my buy recommendation is justified. FPP(Author) Investment risks Volatility of Bitcoin – Bitcoin’s volatility means that in a massive bearish market, it would significantly downgrade its held Bitcoins, which would minimize its revenues. Increasing hash rate – Maintaining a hash rate above 50 EH/s will require MARA to continually upgrade its infrastructure and energy sourcing, which would continue to eat up its mining rewards, thus reducing overall revenues. Conclusion I am reiterating my buy rating on MARA, driven Buy its high Bitcoin holding and hash rate of 57.4EH/s. The Bitcoin mining industry is still not yet exhausted, and given its edge in mining and the projected increase in Bitcoin value, the company stands a better position to gain.

The US Securities and Exchange Commission (SEC) has received a proposal warning that cryptocurrencies like Bitcoin BTC and Ethereum ETH could be vulnerable to future quantum computing attacks .

BitcoinWorld Unlocking Europe: Bullish Secures Crucial MiCA License from German Regulator The European crypto landscape is witnessing a pivotal moment. Bullish Europe, the continent’s arm of the prominent cryptocurrency exchange, has achieved a significant milestone. They have successfully secured a crucial MiCA license from Germany’s Federal Financial Supervisory Authority (BaFin), as reported by CoinDesk. This landmark approval is set to transform how Bullish operates, paving the way for expanded crypto services across all European Union member states. What Does a MiCA License Mean for European Crypto? The Markets in Crypto-Assets (MiCA) regulation is Europe’s comprehensive framework designed to bring legal clarity and regulatory certainty to the digital asset space. Obtaining a MiCA license is not merely a formality; it signifies a robust commitment to consumer protection, market integrity, and financial stability. For exchanges like Bullish, this license provides a single passporting regime. This means one approval in a member state, like Germany, allows them to operate legally across the entire EU bloc. This streamlined approach eliminates the need for individual licenses in each country, significantly reducing operational complexities and costs. Key benefits of a MiCA license include: Enhanced Trust: Operating under a regulated framework instills greater confidence among institutional and retail investors. Market Access: Unrestricted access to the vast European single market, home to millions of potential crypto users. Legal Certainty: Clear rules for issuing, trading, and providing crypto-asset services, fostering innovation within defined boundaries. Consumer Protection: Strict requirements for transparency, operational resilience, and safeguarding client funds. Bullish Europe’s Strategic Move: Expanding Crypto Services with the MiCA License Bullish’s decision to seek and secure a MiCA license in Germany underscores a strategic vision for growth and compliance. By aligning with Europe’s stringent regulatory standards, Bullish Europe is positioning itself as a trusted and reliable player in the evolving digital asset economy. With this approval, Bullish Europe can now offer a wide array of regulated crypto services to a broader audience. These services typically include: Spot trading for various cryptocurrencies. Custodial services for digital assets. Exchange services for fiat-to-crypto and crypto-to-crypto transactions. Potentially, other innovative crypto-asset services under the MiCA framework. This move is particularly significant as Europe is a major global financial hub. The ability to operate seamlessly across its borders gives Bullish a distinct competitive edge, allowing them to attract a larger user base and deepen their market penetration. What is BaFin’s Crucial Role in Granting a MiCA License ? Germany’s Federal Financial Supervisory Authority (BaFin) is renowned for its rigorous oversight and high regulatory standards. Bullish Europe securing its MiCA license from such a respected body speaks volumes about the exchange’s operational integrity and adherence to best practices. BaFin’s approval process involves thorough assessments of an applicant’s financial stability, technological infrastructure, internal controls, and anti-money laundering (AML) procedures. Successfully navigating this process demonstrates Bullish’s capability to meet and exceed these demanding requirements. The broader impact of MiCA extends beyond individual exchanges. It aims to create a harmonized and secure environment for crypto assets across the EU. This standardization is crucial for fostering cross-border innovation and preventing regulatory arbitrage, where companies might seek out the least restrictive jurisdictions. Consequently, MiCA is expected to attract more traditional financial institutions into the crypto space, as the regulatory clarity reduces perceived risks. This could lead to greater institutional adoption and a more mature, integrated crypto market in Europe. Future Outlook: What’s Next After This Pivotal MiCA License ? The acquisition of the MiCA license is a foundational step for Bullish Europe, but it’s certainly not the end of their journey. The future holds immense potential for expansion and innovation within the regulated framework. Bullish will likely focus on onboarding new users, expanding its product offerings, and forging strategic partnerships across the EU. The enhanced regulatory standing could also pave the way for deeper integration with traditional financial systems, offering more sophisticated services to a diverse client base. However, challenges remain. The crypto market is dynamic, and continuous adaptation to technological advancements and evolving regulatory interpretations will be essential. Maintaining the high standards required by BaFin and MiCA will be an ongoing commitment. Ultimately, this development signals a maturing phase for the crypto industry in Europe, moving towards greater legitimacy and integration into the mainstream financial ecosystem. In conclusion, Bullish Europe’s successful acquisition of a MiCA license from Germany’s BaFin is a monumental achievement. It not only solidifies Bullish’s position as a compliant and trustworthy platform but also marks a significant stride for the broader European crypto market. This regulatory clarity is a beacon for innovation, investor confidence, and the mainstream adoption of digital assets across the continent. Frequently Asked Questions (FAQs) Q1: What is MiCA regulation? A1: MiCA (Markets in Crypto-Assets) is a comprehensive regulatory framework established by the European Union to provide legal certainty and a harmonized approach to crypto assets across all EU member states. Q2: Which German authority granted the MiCA license to Bullish Europe? A2: Germany’s Federal Financial Supervisory Authority (BaFin) granted the MiCA license to Bullish Europe. Q3: What benefits does a MiCA license offer to crypto exchanges? A3: A MiCA license offers benefits such as enhanced trust, unrestricted market access across the EU, legal certainty, and robust consumer protection through standardized regulations. Q4: Can Bullish Europe now operate in all EU countries? A4: Yes, with a MiCA license from one EU member state like Germany, Bullish Europe can ‘passport’ its services, allowing it to operate legally across all European Union member states. Q5: How does MiCA impact crypto investors in Europe? A5: MiCA enhances investor protection by mandating transparency, operational resilience, and safeguarding client funds. It also fosters a more stable and trustworthy environment for crypto investments. Did you find this article insightful? Share it with your network to spread awareness about the evolving crypto regulatory landscape in Europe! To learn more about the latest crypto market trends, explore our article on key developments shaping European crypto institutional adoption. This post Unlocking Europe: Bullish Secures Crucial MiCA License from German Regulator first appeared on BitcoinWorld and is written by Editorial Team

Crypto exchange Gemini has unveiled a new product suite for investors across the European Union and European Economic Area, adding Gemini Staking for Ethereum and Solana alongside Gemini Perpetuals, the exchange’s regulated derivatives product. In a press release shared with CryptoNews, the firm said the rollout follows its approval under the EU’s Markets in Crypto-Assets Regulation (MiCA) via Malta’s MFSA, part of a broader European expansion that positions Gemini as a one-stop venue for digital-asset investors. Staking is designed for accessibility: there is no minimum amount, rewards accrue daily, and current APRs are visible in the app. Gemini indicates that up to 6% APR may be available for SOL, with a variable ETH rate subject to market conditions and fees. Custody and operational controls emphasize segregated cold storage and institutional-grade security, allowing customers to earn yield without managing private keys directly. Perpetuals Under MiFID II: Single Interface for Spot and Derivatives Gemini Perpetuals will allow sophisticated and professional investors to gain long or short exposure to digital assets through perpetual futures with no monthly expiration date. Contracts are denominated in USDC, offer up to 100x leverage, and are fully embedded within Gemini’s platform, allowing clients to trade spot and derivatives from one interface. Key mechanics include the ability to cross-collateralize with spot balances and to use staking rewards as part of broader strategies—such as hedging, basis trades, or spreads—within the same ecosystem. The firm says Perpetuals will be offered under its MiFID II permissions, aligning the product with an established EU framework for financial instruments. Strategy: A Diversified, Regulated Toolkit With more than 140 tokens available for spot trading, Gemini’s product mix now combines staking income and derivatives exposure in a regulated wrapper. “We’re on a mission to democratize access to alternative, risk-managed financial instruments,” said Mark Jennings, CEO of Europe. “We’re one of the few European crypto exchanges to offer this diverse suite on an intuitive, secure platform.” The company frames staking as an “income layer” for long-only holders, while Perpetuals provide tools to manage portfolio risk, generate returns, and tailor directional exposure—from conservative hedges to higher-octane strategies—within a single venue. Europe Focus and What’s Next Following MiCA approval and the transition to a Malta CASP entity, Gemini says it will continue to deepen its EU footprint. It cites rising demand for compliant access to derivatives, which account for the majority of global crypto trading volume. “Europe continues to be a strategic focus,” Jennings added, arguing MiCA can standardize rules across 30 EU jurisdictions and give investors greater confidence. With staking, perpetuals, and spot trading now under one roof, Gemini is positioning itself as a regulated hub for Europe’s next wave of crypto adoption. Gemini IPO Targets $2.22B Valuation Gemini is also seeking a valuation of up to $2.22 billion in its upcoming U.S. initial public offering (IPO). The move reflects growing optimism among digital asset platforms that investor appetite for public market debuts is returning after a prolonged slowdown. According to the company’s filing with the Securities and Exchange Commission (SEC) on Tuesday, Gemini plans to sell 16.67 million shares of its Class A common stock at an expected price range of $17 to $19 per share. If priced at the top of the range, the offering could raise as much as $317 million. The post Winklevoss-Backed Gemini Launches EU Staking, 100x Perps After MiCA Greenlight appeared first on Cryptonews .

Stablecoins are fast becoming a mainstream payment vehicle and not just for legitimate transactions. Criminals, like everyone else, would rather avoid currency risk as they move large sums of money around. That can make stablecoins like Tether's USDT and the USDC issued by Circle Internet (CRCL), whose values are pegged 1:1 to the U.S. currency, preferable to bitcoin (BTC) and other potentially volatile cryptocurrencies, said James Smith, the founder of blockchain analytics firm Elliptic, even though the issuers of the dollar-backed tokens have the ability to freeze them. Billions of dollars worth of stablecoins change hands every day — $94 billion in the past 24 hours, according to CoinGecko data — hence the need for a product like Elliptic's new due diligence toolset , which can scrutinize wallets and track assets as they hop from one blockchain to another. Catering to companies in mainstream finance, the tracking tools and dashboard can be applied to stablecoin issuers, such as Tether and Circle, the two largest in the almost $300 billion industry , and their main counterparties and distributors. “It's an interesting and very attractive business to be in from a bank's perspective, because they can have a private company with billion dollars that they're looking for a bank to lodge that with,” Smith said in an interview. “So any sensible bank must be thinking, ‘How do I make sure that I am able to participate in this whilst aligning with the regulation as it is today and as it will evolve?’” A number of big banks that work with the issuers are already using Elliptic’s Stablecoin Issuer Due Diligence product, although Smith could not reveal who these financial institutions are, he said. The product is relevant to all stablecoin issuers operating today, not just the major ones, Smith said. “We are not in a position to choose winners. Obviously, those issuers with the largest circulation of tokens will see the most activity. Tether has more activity and so the absolute amount of things will be higher, inevitably, because there's more activity in Tether than there is in Circle,” Smith said. USDT, the industry leader, has $168 billion worth of tokens in circulation, more than double the No. 2, UDSC. From there the numbers drop off precipitously. In terms of particular regions and blockchains that play host to nefarious activity, “China/Southeast Asia — USDT on Tron is very popular,” he said. The Tron blockchain was founded in 2014 by Justin Sun and is home to more than $78 billion of USDT , the largest destination after Ethereum's $85 billion, according to Tether's website. As for fighting crime, most stablecoin issuers have the ability to freeze or blacklist specific wallet addresses, preventing them from transferring or redeeming the stablecoins they hold. This functionality is typically embedded in the smart contracts that also allow issuers to revoke previously granted approvals and burn or seize tokens, Smith said. Last month, the T3 Financial Crime Unit, a joint initiative by Tron, Tether and blockchain analytics firm TRM Labs said it had frozen more than $250 million of criminal assets less than a year after starting up. “Elliptic’s investigators have often observed illicit actors rapidly converting their assets to non-freezable stablecoins or to native assets during the early money-laundering stages to avoid disruption,” Smith said. Elliptic’s Issuer Due Diligence app differs from other blockchain analytics tools that are static, investigation-heavy, and often require specialist skills to use, according to Smith. “It offers a configurable dashboard rather than an investigative tool, provides custom clustering and dynamic historical insights to show how risk changes over time, and is designed to integrate seamlessly into financial institutions’ workflows with flexibility and privacy,” Smith said in an email.