Transak has secured Money Transmitter Licenses in Illinois and Missouri, expanding its reach into the U.S. market. The newly acquired licenses in the two U.S. states will enable the web3 payment infrastructure provider to operate independently in Illinois and Missouri, crypto.news can exclusively confirm. A Money Transmitter License grants firms operating in the United States
Key Takeaways The SEC has started reviewing CoinShares’ application for a Litecoin ETF. The ETF aims to provide regulated exposure to Litecoin through Nasdaq’s platform. Share this article The SEC began its formal review of CoinShares’ Litecoin ETF application, following Nasdaq’s filing today. The proposed ETF, structured as a Delaware Statutory Trust, aims to track
Amid tumbling Pump.Fun volumes post-Milei, the shine of Solana appears to be dimming if the price action over the past month is any indication. Once riding high on meme coin mania, warming regulations, and even the potential of the first spot Solana ETF going live by the end of the year, SOL is now on a
TL;DR Ripple (XRP) outshined other major cryptocurrencies with a 6% daily increase, fueled by Brazil’s approval of the world’s first spot XRP ETF and other potential factors. Such a product may also see the light of day in America, with the US SEC acknowledging the applications of Grayscale, 21Shares, and Bitwise. XRP Outperforms Its Rivals
Pi coin surged over 35% less than an hour after its highly anticipated mainnet went live. Pi Network, the closely followed tap-to-earn cryptocurrency network, launched its open mainnet today, Feb. 20, at 8 am UTC. The launch was a significant milestone for the project, which has been in development for over six years and has
Key Takeaways Coinbase will list Bittensor’s TAO token on February 20, 2025, provided liquidity conditions are met. TAO is a native token for Bittensor, a decentralized AI network that rewards nodes for AI model development. Share this article Today, Coinbase announced plans to list Bittensor’s TAO token as soon as tomorrow. Coinbase will add support
Two of the world’s largest custodian banks, State Street and Citi, announce their entry into the crypto custody market. With $46.6 trillion and $25 trillion in assets under custody respectively, State Street and Citi are all set to reshape the crypto custody market. This was possible after the repeal of SAB 121, a 2022 US
As highly speculative meme coins continue their inevitable plunge, crypto executives and analysts have been throwing their thoughts into the arena, and they are not very complimentary. “Some meme coins have clearly gone too far lately, to the extent people are insider trading,” said Coinbase CEO Brian Armstrong, before adding, “This is illegal, and people
Pump.fun, the Solana-based meme coin launchpad, deposited 65,122 SOL ($11M) adding to its substantial exchange activity. According to a Feb. 20 X post by on-chain analytics firm Lookonchain, the platform has now transferred 2.35 million Solana (SOL) ($473 million) to Kraken and sold 264,373 SOL for $41.64 million USDC, while its total earnings stand at
Key Takeaways Donald Trump claimed to have ended Joe Biden’s war on Bitcoin and promised to make the US a crypto capital. Trump signed executive orders to maintain US leadership in artificial intelligence and crypto innovation. Share this article President Donald Trump on Wednesday said he had effectively ended the Biden administration’s hostility toward Bitcoin