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Strike, a Bitcoin financial services firm founded by Jack Mallers, has received both a BitLicense and a money transmitter license from the New York State Department of Financial Services, allowing the company to operate in one of the most tightly regulated digital asset markets in the United States. The approval allows Strike to offer its Bitcoin brokerage, payments, and custody services to individuals and businesses across New York. The state’s regulatory framework requires firms to meet standards for capital reserves, cybersecurity, and operational transparency. New York’s BitLicense regime has long served as a gatekeeper for digital asset companies seeking access…

Russia’s central bank is weighing a plan that would allow banks and brokerage firms to operate cryptocurrency exchanges through a simplified licensing pathway tied to their existing financial permits, according to remarks from Governor Elvira Nabiullina. Under the proposal, financial institutions could obtain authorization to run crypto trading platforms through a “notification process,” rather than applying for a new standalone license.  The approach would allow firms that already hold banking or brokerage licenses to expand into digital asset services using their current regulatory status. Back in January, Anatoly Aksakov, head of the State Duma Committee on the Financial Market, made…

The report ranked exchanges by reserves, trading activity, and transparency, with KuCoin scoring 96.7 out of 100. KuCoin has received the highest proof-of-reserves (PoR) transparency score among major crypto exchanges, according to CryptoQuant’s latest annual Exchange Leader report. The findings placed the Seychelles-based trading platform ahead of several larger rivals in a category that many traders view as central to assessing exchange solvency. Report Ranks Exchanges on Reserves and Trading Activity The report, which reviewed exchange performance across trading volume, reserve disclosures, and derivatives activity during 2025, shows KuCoin earning a PoR transparency score of 96.7 out of 100, the…

The National Bank of Kazakhstan plans to allocate up to $350 million from the country’s gold and foreign exchange reserves toward investments tied to digital assets, marking one of the most significant steps by a central bank to gain exposure to the crypto sector. Governor Timur Suleimenov said the initiative will focus on companies and financial instruments connected to cryptocurrency markets rather than direct purchases of assets like Bitcoin. The investments are expected to include shares of technology firms involved in digital asset infrastructure as well as index funds whose performance tracks crypto-related markets. The allocation represents a small portion…

Utexo, a startup building Bitcoin-native stablecoin settlement infrastructure, announced a $7.5 million seed round co-led by Tether, Big Brain Holdings, and Portal Ventures.  The round also included participation from Franklin Templeton, Maven11 Capital, Fulgur Ventures, Alchemy VC, Ethereal Ventures, Auros Ventures, Arcanum Capital, Paper Ventures, Axia8, FlowTraders, Plan B, Gate Ventures, Sats Ventures, and strategic angels including operators from Ledger, Hyperion, BTC Turk, Echo, Legion, and SOLV. The company was founded to address a longstanding gap in the cryptocurrency ecosystem: enabling USDT to settle natively on Bitcoin with robust, production-ready payment rails. Tether’s  CEO, Paolo Ardoino, said that Bitcoin has…

Short seller Culper Research is betting against ether (ETH) and ETH-linked stocks such as BitMine (BMNR), arguing that the network’s economics deteriorated following Ethereum’s latest network upgrade.The firm said in a Thursday report that the December 2025 upgrade dubbed Fusaka flooded the network with excess blockspace and has “impaired ETH tokenomics.” That drove transaction fees sharply lower. Because validators earn part of their income from those fees, the drop has reduced staking yields.That dynamic could create a negative feedback loop, the report said, where declining validator yields reduce staking demand and network security.The report also highlighted that Ethereum co-founder Vitalik…

Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, said Thursday that clients on its Ripple Prime platform can now trade the full range of crypto futures listed on Coinbase Derivatives.The move gives institutions a new way to access regulated crypto derivatives within a market overseen by the Commodity Futures Trading Commission. Ripple said that its Prime platform cleared more than $3 trillion in trading volume in 2025.The offering includes nano bitcoin BTC$71,298.10 and nano ether (ETH) futures, which are smaller contracts designed to lower the capital needed to trade. Coinbase also lists futures tied to Solana…

In brief Illicit cryptocurrency addresses received at least $154 billion in 2025. Sanctioned entities accounted for about $104 billion of those flows. Activity tied to Iran, Russia, and North Korea drove much of the volume. Iran’s use of cryptocurrency to move money under sanctions is expanding, with more than $3 billion tied to networks linked to the Islamic Revolutionary Guard Corps in 2025, according to blockchain analytics firm Chainalysis.The figure comes from the company’s 2026 Crypto Crime Report, which estimates that illicit cryptocurrency addresses received at least $154 billion in digital assets last year. That’s a 162% year-over-year increase, the…

Analysts say high exchange turnover often reflects traders repositioning portfolios quickly during periods of rising volatility. Ethereum (ETH) trading activity on Binance has jumped dramatically, with around 29.6 million ETH changing hands on the exchange over the past 30 days, the highest turnover recorded since September 2025. The spike suggests traders are cycling the same supply through the market at a faster pace as volatility returns and derivatives positioning shifts. Binance ETH Turnover Climbs Data shared by Arab Chain on March 5 shows the 30-day Ethereum exchange liquidity ratio on Binance has climbed to 8.47. The metric compares the amount…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…