Ripple and SEC Withdraw Appeals, Concluding a Five-Year Legal Stalemate
Ripple and the U.S. Securities and Exchange Commission have come to a mutual decision to conclude one of the most closely observed legal conflicts in the crypto space. Both parties are retracting their appeals, thereby finishing nearly five years of judicial proceedings concerning
Bakkt’s BTC Approach: Firm Submits Filing With SEC To Secure $1 Billion
On 26 June 2025, Bakkt Holdings submitted Form S-3 to the US Securities and Trading network Commission to generate up to $1 billion for its bold new Bitcoin initiatives. Initially introduced in 2018 by Intercontinental Trading platform as a trailblazer in BTC futures,
UAE Company Allocates $100M to Trump-Associated WLFI Token
A UAE-based firm has committed $100 million to the WLFI (World Liberty Financial) Token, associated with Trump. On 26 June 2025, WLFI and Aqua1 Foundation, a Web3-centric investment vehicle, announced their strategic alliance as a strategic initiative aimed at enhancing the blockchain ecosystem
Kraken Secures First EU-Wide License Under MiCA Through Irish Central Bank
The crypto trading platform Kraken has officially obtained its Markets in Crypto-Assets (MiCA) licence from the Central Bank of Ireland, positioning it as one of the first significant platforms to secure full approval within the European Union’s new digital asset framework. This licence
South Korean Financial Institutions Collaborate on Won-Supported Stablecoin Project
A group of eight commercial banks in South Korea has united to create a won-backed stablecoin. Their declaration, made on 25 June 2025, signifies the inaugural instance of commercial banks in South Korea collaborating in a consortium to venture into the digital asset
Circle Stock Displays No Indications of Deceleration: Here’s the Reason
Circle CIRCL stock is on the rise, soaring nearly 10 times its IPO value. A variety of factors, including the expansion of USDC, strategic collaborations, and regulatory transparency, are fueling the market demand. Weeks prior to Circle's public debut with a $5 billion
Fed Eliminates ‘Reputational Risk’ Criterion, Simplifying Road for Crypto Banking
The Federal Reserve has formally aligned with the FDIC and the OCC in eliminating “reputational risk” from the criteria used to determine whether banks can engage with specific industries. This subtle yet impactful modification may alter how banks interact with the crypto sector.
Africa Crypto Announcement Weekly Recap: Visa Teams Up with Yellow Card, Empowa Grows, South Africa Implements Crypto Reforms
In the newest updates regarding digital currency in Africa, Visa is collaborating with Yellow Card while Empowa makes strides into Nigeria. Crypto advocates in South Africa are advocating for regulatory changes to enhance tax revenue. The distributed ledger housing enterprise Empowa is broadening
99Bitcoins Exclusive: Zodia Markets Co-founder Nick Philpott States, “If you rely on the regulator, you’ll experience no innovation whatsoever”
Nick Philpott, the Co-founder of Zodia Markets – a digital asset trading enterprise that enjoys significant price floor from established financial institutions such as the British Bank and Standard Chartered Bank – offers a polarizing perspective on the necessity for regulatory clarity. During
Circle Crypto Stock Has Surged More Than 500% Since Its Public Debut: Are Distributed database Stocks the Investment Opportunity?
A new narrative is unfolding in the cryptocurrency realm concerning the phenomenal achievements of various publicly listed crypto firms, leading to significant profits for distributed database stock investors. The latest example is Circle crypto, the issuer of USDC, and its CRCL stock, which