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Crypto exchanges that focus only on digital assets are approaching a structural ceiling, according to Bitget CEO Gracy Chen, who said platforms must expand into traditional assets and compliance-driven models to remain competitive. “I do think that if a centralized exchange, or crypto exchanges in g

Animoca Brands co-founder Yat Siu on Wednesday said the crypto industry is unlikely to “win” the stablecoin battle against traditional banks, arguing that the biggest fight will be shaped by bank distribution power and the political compromises that come with legislation. “I don’t think he’s going t

Circle (USDC) Ventures has invested an undisclosed amount in edgeX, a decentralized perpetual futures exchange, with plans to deploy native USDC and Circle's Cross-Chain Transfer Protocol on the project's EDGE Chain. The deal was completed last month, with Circle acting as the sole investor in the r

The European Commission has proposed a blanket ban on cryptocurrency transactions tied to Russia, abandoning its previous approach of sanctioning individual exchanges in favor of severing the entire crypto pipeline to Moscow. The move, part of the bloc's 20th sanctions package announced on Feb. 6, w

Tether (USDT) on Tuesday announced a strategic investment in LayerZero Labs, the company whose interoperability protocol powers the cross-chain version of the world's largest stablecoin. Financial terms were not disclosed, and Tether did not respond to request for comment on the deal size. The inves