Coinbase has announced that it will suspend trading of Wrapped Bitcoin (WBTC) on December 19, 2024, at approximately 12 p.m. ET. The decision, shared...

Paxos has announced its agreement to acquire Membrane Finance, a Finnish Electronic Money Institution (EMI). Pending regulatory approval, the move will grant Paxos access to the European Union’s financial ecosystem, enabling it to operate as a fully licensed EMI across 30 European countries under Membrane Finance’s Finnish Financial Supervisory Authority licence.

The Banco Central do Brasil (BCB) has initiated the second phase of its Drex central bank digital currency (CBDC) pilot, aiming to address inefficiencies in cross-border agricultural commodity transactions and supply chain processes.

Gemini has officially launched its platform in France, offering local users access to over 70 digital assets. This expansion comes nearly a year after the exchange secured its Digital Asset Service Provider (DASP) registration from France's Autorité des Marchés Financiers (AMF) in January 2024.

BlackRock, a leading multinational investment firm and issuer of the spot Bitcoin exchange-traded fund (ETF), has obtained a commercial licence to operate in Abu Dhabi, signalling its intent to strengthen its foothold in the region. The approval, granted on November 18, underscores the firm’s interest in tapping into the UAE’s dynamic financial landscape.