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Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget
The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses transacting or storing crypto for customers in the state, but it may be too late to change it in...

BitGo's $50 million buyback sparks rally after shares lost 65% since IPO
Crypto infrastructure provider BitGo's (BTGO) shares jumped as much as 20% on Wednesday after the company announced a $50 million share buyback program to support a stock that has struggled since its public debut earl...

Fifth-generation Kanoo group member is moving a $6 trillion trade market onto blockchain rails
For more than 135 years, the Kanoo family, one of Bahrain's wealthiest families, has helped build the Gulf’s entire commercial infrastructure. The family, with a net worth of up to $6 billion, owns businesses spanning...

Startup drops first universal AI agent payment plug into Asia's $28.9 trillion ecommerce market
With 60% of stablecoin payments flowing through a fragmented Asian corridor, new backend middleware lets autonomous software move capital without human steps. This is the aim of Stables, which is introducing a univers...

BitGo offers MiCA compliance lifeline to EU crypto firms as license deadline looms
As the deadline looms for crypto companies to obtain licenses in Europe, BitGo (BTGO) is offering firms an easier transition to Markets in Crypto Assets (MiCA) compliance, the listed technology firm said on Wednesday....

XRP price: Ripple-linked token gives back breakout gains, slipping below $1.23
XRP's push above $1.25 lasted only a few hours. Sellers showed up near the highs and drove the token back through $1.23 on some of the session's heaviest volume, turning what looked like a breakout into a reminder tha...

U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
State regulators got sidelined in the U.S. Department of the Treasury's effort to implement the new U.S.

Coinbase introduces AI adviser, stock options and pre-IPO markets in finance push
Coinbase (COIN) has unveiled a suite of products spanning stocks, derivatives, artificial intelligence and consumer finance as it continues its path toward becoming what the company calls an "everything exchange." The...

XRP News: Ripple invests in Flutterwave, bringing RLUSD and XRP Ledger to payments in Africa
Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, invested in African payments company Flutterwave as part of its Series E funding round, a deal centered on expanding the use of stablec...