The heavyweight champion of stablecoins is making a big move to El Salvador, as new center of operations.
Ripple vs. SEC: is this week the game-changer we’ve been waiting for?
The legal showdown between Ripple and the U.S. SEC is heating up, and this week could be a pivotal moment.
Balancing Innovation and Investor Protection — Bitget’s Approach to Security and Trust in Crypto
Bitget has consistently prioritized a balance between innovation and investor protection through various initiatives.
This includes a substantial Protection Fund, which grew from $300 million in 2022 to $643 million in November 2024, underscoring its focus on asset security during market volatility.
Partnerships with entities like Chainalysis enhance risk management and real-time transaction monitoring, while user education, stringent KYC procedures, and maintaining a 1:1 Proof of Reserves ensure transparency and trust.
Stronger enforcement frameworks in the crypto space further enhance investor confidence by reducing fraud and scams, fostering broader market participation.
By providing clarity and security, these frameworks demystify the market for both retail and institutional investors, paving the way for greater adoption of digital assets.
Ryan Lee, Chief Analyst at Bitget Research
Italy’s biggest bank, Intesa Sanpaolo buys Bitcoin
Banca Intesa Sanpaolo, the country’s largest bank by assets, has officially entered the crypto game by purchasing 11 Bitcoin worth around $1.02 million.
Pepe whales go on a buying spree, do they know something what we don’t?
Pepe whales are making some serious moves, scooping up over 400 billion tokens after last week’s selloff. And guess what?
Philippine banks set to launch PHPX stablecoin
Several banks from the islands are gearing up to launch a new stablecoin called PHPX, and it’s set to make some competition in the world of cross-border payments and remittances.
FDIC Head’s Proposal to Ease Crypto Regulations: A Catalyst for Institutional Adoption and Banking Integration
The new FDIC head’s recent suggestion to ease crypto regulations has the potential to drive significant institutional adoption by fostering greater confidence and enabling deeper integration of cryptocurrency into traditional finance.
Such regulatory adjustments could stimulate innovation in crypto-related financial products, attracting broader participation from established financial institutions.
For crypto businesses, this shift might lead to improved access to banking services and reduced instances of debanking, as banks could become more open to offering tailored solutions for the crypto sector.
However, the actual impact will hinge on how these recommendations translate into actionable policies and the response from other key regulatory agencies.
The interplay between eased regulations and broader industry oversight will ultimately determine the extent of these changes in reshaping the crypto landscape.
Ryan Lee, Chief Analyst at Bitget Research
