News BTS
The Federal Government of Nigeria has filed a lawsuit against Binance Holdings Limited, demanding $81.5 billion in back taxes and economic damages. The case, brought before the Federal High Court in Abuja, accuses the cryptocurrency exchange of failing to register with…
Brazil’s Securities and Exchange Commission (CVM) approved the country’s first XRP spot exchange-traded fund (ETF) on February 18, making it the first of its kind globally. The ETF was introduced by asset manager Hashdex and will allow investors to gain exposure…
Ethereum co-founder Vitalik Buterin discussed the network’s long-term development on Wednesday, emphasizing the importance of balancing Layer 1 scalability with Layer 2 expansion while ensuring the blockchain remains decentralized and resilient. “Hybrid L1 + L2” Approach Proposed by Vitalik Buterin During…
Coinbase expanded its presence in the US crypto derivatives market with the launch of CFTC-regulated Solana (SOL) and Hedera (HBAR) futures contracts through Coinbase Derivatives on Tuesday. Coinbase Derivatives, LLC now offers CFTC-regulated futures for $SOL and $HBAR –bringing more institutional-grade…
Three Dutch firms, Quantoz Payments, NPEX, and Dusk, announced on Wednesday, February 19, 2025, they have teamed up to launch the EURQ, a digital euro. Partnership 📣 We are pleased to share that, together with @npex, we have partnered @Quantoz! Quantoz's…
Binance Founder Changpeng ‘CZ’ Zhao has donated nearly $100,000 to the victims of the recent Libra scam – but he received more than that amount in his wallet from people wanting to help the effort. It started when CZ replied to…
The Securities and Futures Commission (SFC) of Hong Kong has launched a 12-point roadmap under the “ASPIRe” initiative to fortify the city’s virtual asset (VA) market. ASPIRe stands for Access, Safeguards, Products, Infrastructure, and Relationships. The roadmap aims to enhance security,…
Binance is treading cautiously in its approach to the U.S. market despite President Donald Trump’s perceived shift toward more crypto-friendly policies. According to a Bloomberg report, CEO Richard Teng noted a “fresh reset and restart” in regulatory attitudes, which contrasted with…
Tether Investments SA de CV (“Tether”), the company behind the largest USDT stablecoin, has made an unexpected offer to buy a controlling share of Adecoagro SA, a major agricultural company in South America. Adecoagro confirmed in a Feb. 18 press release…
DeFi platform MANTRA Finance said Wednesday that it secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This achievement allows MANTRA to operate as a virtual asset exchange, offering broker-dealer and investment management services under…
Reeve Collins, co-founder of Tether (USDT), is re-entering the $233 billion stablecoin market with Pi Protocol, a decentralized, yield-generating stablecoin set to launch on Ethereum and Solana in late 2025. According to a Bloomberg Report on Tuesday, the project looks to…
Nigeria’s House of Representatives member Philip Agbese has filed a ₦1 billion defamation lawsuit against Tigran Gambaryan, an executive at Binance, over allegations that he and two other lawmakers sought a $150 million bribe. House of Reps Member, Philip Agbese, Sues…