Crypto.com secures EU license to launch crypto financial derivatives

Mobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we now … Read more

VanEck to launch Avalanche ecosystem fund

VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial … Read more

Behind-the-Meter Bitcoin Mining: Sangha Renewables Breaks Ground on 20 MW Texas Site

Sangha Renewables is turning West Texas sunshine into bitcoin, breaking ground on a 20 MW mining facility powered by solar energy—and nearly hitting its $17 million equity target with $14 million already secured. Texas Solar Farm to Generate Bitcoin via Sangha’s 20 MW Mining Operation Sangha Renewables began construction on a 19.9-megawatt bitcoin (BTC) mining … Read more

US lawmaker reintroduces bill amid pushback on Trump’s crypto ties

A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest. In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a … Read more

Crypto Exchange Lbank Halts UAE Registrations, Plans to Retire Users in Russia, Ukraine

Lbank announced on May 20 that it has temporarily suspended new user registrations from the United Arab Emirates to comply with regulatory requirements set by Dubai’s Virtual Assets Regulatory Authority. Existing UAE Users Face Service Restrictions Lbank, the British Virgin Islands-based cryptocurrency exchange, announced May 20 it has temporarily suspended new user registrations from the … Read more

KindlyMD, Nakamoto, And Anchorage Digital Form Strategic Bitcoin Treasury Alliance

Nakamoto Holdings Inc., KindlyMD, Inc., and Anchorage Digital today announced a strategic partnership that will see Anchorage become a trading partner for KindlyMD’s Bitcoin treasury. The partnership will officially take effect upon the close of KindlyMD’s merger with Nakamoto, expected in Q3 2025. Anchorage Digital, a U.S. federally chartered digital asset bank, will provide institutional-grade … Read more