Tag: Digital

Biometric ID Platform Humanity Protocol Launches Mainnet, Enhancing Privacy-First Digital Identity

Humanity Protocol has officially launched its mainnet, introducing a unified identity layer that connects Web2 credentials with decentralized Web3 services through zero-knowledge Transport Layer Security (zkTLS). This technology allows users to verify credentials, such as job titles or university transcripts, without exposing personal data. At launch, travelers can link frequent-flyer and loyalty accounts from major […] Source CryptoX Portal

SEC’s Pro-Crypto Shift Signals Bullish Future for Digital Assets

The US Securities and Exchange Commission’s (SEC) historic shift in favor of digital assets is emerging as one of the most significant developments of the current Trump administration. Yet, investors may not fully grasp what it means for crypto adoption and its integration into the core of American financial services. That’s one of the key takeaways from recent remarks by Bitwise CIO Matt Hougan, who believes markets are underestimating the regulatory tailwinds now forming in the world’s largest economy. Project Crypto, the SEC’s initiative to modernize its approach to digital…

XRP Among Top Crypto Holdings of Galaxy Digital as Ripple Stake Becomes Strategic Centerpiece

XRP storms into the spotlight as Galaxy Digital anchors it in a $3.56 billion portfolio, backed by a $97 million Ripple equity stake, signaling massive institutional conviction. XRP Featured in Galaxy’s $3.56B Portfolio Alongside $97M Ripple Equity Position Galaxy Digital Ltd. disclosed in its U.S. Securities and Exchange Commission (SEC) Form 10-Q filed on Aug. […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Laser Digital launches regulated crypto options desk in Dubai

Laser Digital, the digital asset subsidiary of Japan’s investment bank Nomura, has become the first company licensed under Dubai’s Virtual Asset Regulatory Authority (VARA) pilot framework to offer regulated over-the-counter (OTC) crypto options. The “limited license” will allow Laser Digital to offer OTC crypto options to institutional clients under strict oversight, the company said Wednesday. OTC desks allow institutions to trade large volumes of digital assets directly with counterparties, minimizing slippage and enabling more flexible pricing. These desks are typically used by hedge funds, asset managers, trading firms and other…

BTC Digital Ltd. Reminds Shareholders to Vote at Extraordinary General Meeting Postponed to August 22, 2025

Votes Received to Date are Overwhelmingly in Favor of the Company’s Proposals More Votes Are Needed to Reach the Quorum Required to Hold the Meeting Every Vote Is Important to Avoid Further Delays and Additional Solicitation Costs All Holders as of June 27, 2025 are Eligible to Vote and Retain the Voting Rights SINGAPORE, Aug. 5, 2025 /PRNewswire/ — BTC Digital Ltd. (Nasdaq: BTCT) (the “Company”), would like to remind its shareholders to vote ahead of its upcoming rescheduled extraordinary general meeting scheduled to be held on August 22, 2025,…

Nomura-Backed Laser Digital Wins Regulatory Nod for Crypto Derivatives in Dubai

Laser Digital, the cryptocurrency trading and servicing subsidiary of Japanese bank Nomura, secured a limited license to offer regulated, over-the-counter (OTC) crypto derivatives from Dubai under the Virtual Asset Regulatory Authority’s (VARA) pilot framework. Under this regime, Laser Digital says it is the first regulated entity under VARA to offer direct client-facing crypto OTC option services. As crypto derivatives ramp up around the globe, places like Dubai with its crypto-friendly regulatory framework, have become hot destinations for firms. For example, Deribit, the crypto derivatives platform recently acquired by Coinbase, also…

Galaxy Digital Swings to $30.7M Profit in Q2 as BTC Holdings Hit 17,102

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Galaxy Digital reported a net income of $30.7 million for the second quarter of 2025, reversing the $295 million loss recorded in the previous quarter. The digital asset and infrastructure firm cited gains in balance sheet holdings and strong performance from its Global Markets division as key drivers of its recovery, according to a Tuesday press release. The quarter ended with Galaxy’s Bitcoin holdings increasing to 17,102 Bitcoin (BTC), valued at $1.95 billion. The company held 13,704 BTC by the end of the first quarter, suggesting that it added 4,272…

Philippine SEC Flags 10 Crypto Exchanges Defying New Digital Asset Regulation

Top global crypto exchanges face mounting legal peril in the Philippines after being accused of illegally targeting users and violating strict new digital asset compliance rules. Philippine SEC Flags Major Crypto Exchanges Operating Illegally in the Country The Philippine Securities and Exchange Commission (SEC) published an advisory on Aug. 4, alerting investors about unregistered offshore […] Source CryptoX Portal