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PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry
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PayPal May Buy Digital Asset Custodian BitGo Following Crypto Market Entry

PayPal may be looking to penetrate the market further following its recent crypto payments announcement, rumors indicate the firm may buy digital asset custodian BitGo.

PayPal May Be in Talks to Acquire Curv Crypto Custody Firm
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PayPal May Be in Talks to Acquire Curv Crypto Custody Firm

After PayPal dropped plans to acquire BitGo digital asset custody firm, it has been reported that it is now aiming to acquire Curv crypto custody firm.

Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022
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Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022

Galaxy Digital Holdings announced that it postponed its bid to go public in the US stock market in the first quarter of 2022 instead of the fourth quarter of 2021.

ACA Group Has Decided to Abandon its Acquisition of BitFlyer Holdings
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ACA Group Has Decided to Abandon its Acquisition of BitFlyer Holdings

ACA Group, a leading financial advisor for institutions across the world has officially announced to the public that it is no longer interested in purchasing holdings of a Japanese-based cryptocurrency exchange, BitFlyer

BitGo Secures MPI License Approval in Singapore
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BitGo Secures MPI License Approval in Singapore

BitGo has received in-principle approval for a Major Payment Institution (MPI) license from Singapore's MAS, allowing it to expand its crypto services in the region. This aligns with Singapore's robust regulatory standards and BitGo's commitment to security in digital asset transactions.

BitGo Integrates with Hedera (HBAR) Council
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BitGo Integrates with Hedera (HBAR) Council

BitGo joins the Hedera Council, promising to enhance the Hedera network with its digital asset security and trust expertise.

Galaxy Digital Looks to Complete BitGo Acquisition, US Listing by Q1 2022
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Galaxy Digital Looks to Complete BitGo Acquisition, US Listing by Q1 2022

American digital currency service provider, Galaxy Digital, says it is on track to complete its acquisition of BitGo by the first quarter of 2022.

Galaxy Digital Terminates BitGo Acquisition, But Still Eyes Listing on Nasdaq
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Galaxy Digital Terminates BitGo Acquisition, But Still Eyes Listing on Nasdaq

Galaxy Digital, one of the leading crypto financial services providers, has announced its plans to terminate the proposed acquisition of crypto infrastructure service provider BitGo.

Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal
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Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal

Last month, Galaxy scrapped a plan to acquire BitGo for $1.2 billion. In its lawsuit, BitGo demands $100 million for damages following Galaxy’s termination of the merger deal.

BitGo Receives Regulatory Approval from Italy
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BitGo Receives Regulatory Approval from Italy

BitGo joins other crypto firms in gaining clearance to operate in Italy.

PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency
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PayPal CEO Dan Schulman Says He is Bullish on Bitcoin As a Currency

PayPal CEO Daniel Schulman noted in an interview with CNBC that he is bullish on the future of Bitcoin, cryptocurrencies, and Central Bank Digital Currencies

PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream
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PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream

PayPal CEO Dan Schulman believes the time for cryptocurrencies like Bitcoin to go mainstream is here, he is bullish on the future potential of digital currency,

Protego Becomes the Second Federally Chartered Crypto Bank in United States
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Protego Becomes the Second Federally Chartered Crypto Bank in United States

Protego, Washington state-chartered trust firm, has received a conditional approval from the OCC to become the second nationally chartered crypto bank in the U.S.

40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody
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40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody

Many German banks have filed a request to introduce a digital asset custody business. Germany’s Federal Financial Supervisory Authority, popularly identified as BaFin, has received over 40 applications from German banks interested in offering crypto custody services.

May 31: Everyone Wants to be the Broker in Crypto
bitgo

May 31: Everyone Wants to be the Broker in Crypto

BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?

ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
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ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox

Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.

UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility
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UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility

London-based fintech company Mode has announced that it has unveiled its Bitcoin banking app to advance user experience.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv
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PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting
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Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting

The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading
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German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.

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