BUSINESS|EXCHANGE|MARKET|REGULATION|TRADING Updates
Revolut to Invest $1.1B in France, Eyes Local Banking Licence
UK-based digital banking giant Revolut Ltd has announced plans to invest over €1 billion ($1.1 billion) in France over the next three years, while also preparing to apply for a French banking licence....
Dubai VARA gives VASPs until June 19 to comply with new rulebook guidelines
Dubai’s Virtual Assets Regulatory Authority has given virtual asset service providers until June 19 to comply with Version 2.0 of its activity-based Rulebooks in its ongoing push to strengthen crypto ...
Trending stocks as easing trade tensions buoy U.S. market
U.S. stocks had a fairly positive week, with a 90-day pause in tariff escalations with China bringing some relief to investors and giving a boost to the market. The S&P 500 ended the week 2.7% higher,...
Hack? SEC probe? Coinbase stock soars despite difficult week
Coinbase stock price had its best week since November last year, even as the company moved from one bad news to another. Coinbase shares ended the week at $266, their highest level since February and ...
Bitstamp Secures EU-Wide Crypto License Under MiCA Rules
Bitstamp, one of the oldest crypto exchanges in the world, has received a Crypto Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) regulation. Luxembourg...
Michael Novogratz's Galaxy Digital Lists on Nasdaq as GLXY, Valued at $7.5B, Discusses Tokenization with SEC
Galaxy Digital, led by Michael Novogratz, has completed its uplisting to the Nasdaq and began trading under the ticker symbol GLXY. The company, valued at approximately $7.5 billion, marks its transit...
Interview | UK crypto rules signal major shift: but will they deliver?
My wife was born in the United Kingdom and we’ve spent a lot of time visiting so I pay close attention to the country’s evolving stance on crypto. Now, with the UK’s draft Statutory Instrument on cryp...
Coinbase stock could jump 20% after overblown sell-off
Shares of Coinbase took a sharp dive on Thursday, falling 7.2% after the company admitted that cybercriminals had bribed overseas support agents to gain access to customer data, an incident that could...
Lawmakers demand Treasury probe into Trump’s crypto, Musk’s PAC and GOP fundraising scams
House of Democrats are urging the U.S. Treasury to investigate Donald Trump’s crypto dealings, Elon Musk’s political actions committee (PAC), and the Republican fundraising platforms over possible fra...
eToro jumps 30% on Nasdaq debut after upsized IPO
Crypto and stock trading platform eToro has seen its share price gain nearly 30% during its debut on the Nasdaq after the company made a last-minute boost to its initial public offering. Shares in eTo...
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