Crypto Firm Galaxy Secures UK FCA Approval for License to Expand Derivatives Trading

Crypto Firm Galaxy Secures UK FCA Approval for License to Expand Derivatives Trading

Galaxy Digital UK, the subsidiary of Mike Novogratz-led digital asset financial services firm’s application for a license to execute derivatives trading in the U.K. has been approved by the Financial Conduct Authority (FCA). The firm’s Investment Banking arm will also use Galaxy Digital UK’s FCA authorization to provide capital raising and investment banking services, according … Read more

BlackRock secures UK’s FCA approval for Bitcoin ETP launch

BlackRock secures UK’s FCA approval for Bitcoin ETP launch

BlackRock has received approval from the UK’s top financial markets regulator, the Financial Conduct Authority, to operate as a crypto asset firm.  According to an Apr. 1 report from DL News, the global investment giant managing around $12 trillion in assets will now be able offer its new European Bitcoin (BTC) exchange-traded product in the … Read more

FDIC, Following OCC, Loosens Guidance for Banks to Engage in Certain Crypto-Related Activities Without Receiving Prior FDIC Approval

FDIC, Following OCC, Loosens Guidance for Banks to Engage in Certain Crypto-Related Activities Without Receiving Prior FDIC Approval

On March 28, 2025, the Federal Deposit Insurance Corporation (FDIC) announced the withdrawal of Financial Institution Letter (FIL) 16-2022, paving the way for FDIC-supervised institutions to engage in permissible digital asset activities without receiving prior FDIC approval.1 This action follows the Office of the Comptroller of the Currency’s (OCC) recent rescission of its Interpretive Letter … Read more

FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval

FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval

The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a controversial policy imposed under the Biden administration. In a March 28 statement, the FDIC said banks can now participate in crypto-related services like custody and trading if they … Read more

Nasdaq seeks SEC approval for Grayscale’s Avalanche ETF listing

Nasdaq seeks SEC approval for Grayscale’s Avalanche ETF listing

US stock exchange Nasdaq has submitted a filing to the US Securities and Exchange Commission (SEC) seeking permission to list Grayscale Investments’ spot Avalanche exchange-traded fund (ETF). The document, filed on March 27, asks for a rule change to list the Grayscale Avalanche Trust (AVAX). The derivative product in question would be a conversion of … Read more

XRP ETF Approval Likely as Polymarket Bets Hit 87%

XRP ETF Approval Likely as Polymarket Bets Hit 87%

The crypto community is buzzing with optimism about the approval of an XRP exchange-traded fund (ETF) in 2025. This excitement is reflected in Polymarket, where bettors are assigning an 87% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot XRP ETF by the end of the year. If approved, an XRP … Read more

Will CrowdStrike’s FedRAMP Approval Boost CRWD Stock?

Will CrowdStrike’s FedRAMP Approval Boost CRWD Stock?

CrowdStrike MarketRank™ Stock Analysis Overall MarketRank™ 90th Percentile Analyst Rating Moderate Buy Upside/Downside 4.0% Upside Short Interest Level Healthy Dividend Strength N/A Environmental Score -1.11 News Sentiment 1.05 Insider Trading Selling Shares Proj. Earnings Growth 29.09% See Full Analysis On March 19, CrowdStrike Holdings Inc. NASDAQ: CRWD announced that its Falcon platform achieved the Federal Risk … Read more

21Shares Polkadot (DOT) ETF Plan Progresses as Nasdaq Files for Listing Approval

21Shares Polkadot (DOT) ETF Plan Progresses as Nasdaq Files for Listing Approval

Nasdaq officially asked the U.S. Securities and Exchange Commission (SEC) to allow Swiss asset manager 21Shares list and trade shares of a polkadot (DOT) exchange-traded fund (ETF). The exchange submitted a 19b-4 filing to the SEC, asking for permission to list the ETF if it is approved by the regulator. The proposed fund would track … Read more

Boerse Stuttgart’s BX Digital Receives FINMA Approval for Digital Asset Trading

Boerse Stuttgart’s BX Digital Receives FINMA Approval for Digital Asset Trading

BX Digital received regulatory approval from the Swiss markets regulator to operate a digital asset trading and settlement platform, becoming the first of its kind in the country, it said. The license from the Financial Market Supervisory Authority (FINMA) allows the Zurich-based company to function as a distributed ledger technology (DLT) trading facility, streamlining transactions … Read more

US Senate Committee’s stablecoin approval throws Tether lifeline

US Senate Committee’s stablecoin approval throws Tether lifeline

Homepage > News > Business > US Senate Committee’s stablecoin approval throws Tether lifeline The U.S. Senate is making progress in approving legislation governing stablecoins, opening the door a little wider for Tether in the process. On March 13, the Senate Banking Committee made history by approving the Guiding and Establishing National Innovation for U.S. … Read more