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BitGo launches regulated custody platform for native protocol tokens

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BitGo, a prominent player in digital asset custody, has announced the launch of a new regulated custody platform designed to securely manage native protocol tokens.

The innovative platform aims to address a growing need within the cryptocurrency industry for secure and compliant storage solutions tailored to native tokens on various blockchain networks. This development comes as part of BitGo’s ongoing efforts to expand its custody services and meet the evolving demands of institutional and individual investors.

The new platform offers a robust infrastructure for the safe storage and management of tokens directly associated with their respective blockchain protocols. By providing a regulated environment, BitGo ensures that users benefit from enhanced security measures while remaining compliant with relevant regulatory standards.

BitGo’s latest offering integrates advanced security features, including multi-signature technology and comprehensive audit trails, to safeguard against unauthorized access and potential breaches. The platform also provides users with a streamlined experience for managing their assets, thanks to its user-friendly interface and advanced protocol support.

The introduction of this custody platform reflects a broader trend towards more sophisticated and regulated custody solutions in the cryptocurrency space. As digital assets gain traction among institutional investors and regulatory bodies, the need for secure and compliant storage options becomes increasingly critical.

BitGo’s new platform is poised to play a significant role in meeting these needs, offering a trusted solution for the custody of native tokens. The company’s commitment to maintaining high standards of security and regulatory compliance is expected to bolster its position as a leading provider in the digital asset custody sector.

With this launch, BitGo continues to strengthen its service portfolio, addressing the complexities of managing digital assets in a rapidly evolving market.

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Binance launches in Syria after Trump lifts sanctions

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Binance has signaled interest in expanding its services to Syria following a recent move by former U.S. President Donald Trump to lift certain economic sanctions. The easing of restrictions has opened the door for global businesses, including cryptocurrency platforms, to re-evaluate their presence in the region.

A Binance spokesperson confirmed that the company is exploring opportunities in Syria and may extend support to local users. The development marks a potential shift in crypto accessibility for a country that has long faced economic isolation due to international sanctions.

Although no formal launch has been announced, the move suggests that Binance is preparing to tap into an underserved market. The company emphasized that it will continue to monitor regulatory guidelines while assessing how best to engage Syrian users within legal frameworks.

The renewed interest in Syria reflects broader efforts by crypto firms to expand globally amid shifting geopolitical and regulatory dynamics. If Binance proceeds, it could become one of the first major crypto platforms to reenter the Syrian market in years.

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GameStop plunges 12% after proposing new $1.75B debt offering

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GameStop’s stock dropped 11% after the company revealed plans to offer $2.14 billion in convertible notes, sparking investor concerns about potential dilution. The market reacted sharply to the move, which could lead to an increased share count if noteholders opt to convert their holdings into equity.

The company stated that the proceeds will be used for general corporate purposes, which may include acquisitions and investments. Convertible notes provide flexibility for companies, but often trigger negative investor sentiment due to the future possibility of share dilution.

The timing of the announcement came just as GameStop was enjoying renewed attention from retail investors, particularly following the reappearance of “Roaring Kitty,” a central figure in the 2021 meme stock frenzy. That momentum was quickly undercut by fears surrounding the fundraising effort.

GameStop’s latest financial strategy highlights its continued attempts to adapt and remain relevant in a changing retail landscape. However, the negative market reaction reflects ongoing uncertainty over the company’s ability to convert hype into sustained performance.

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Peaq and UAE bet on tokenized machines to power future economy

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The United Arab Emirates has introduced a new regulatory sandbox dedicated to advancing the machine economy, in collaboration with blockchain network peaq and Web3 data platform Pulsar. The initiative is backed by the country’s Artificial Intelligence, Digital Economy and Remote Work Applications Office and is aimed at supporting decentralized physical infrastructure networks (DePINs).

The sandbox offers a controlled environment where projects involving autonomous vehicles, delivery drones, and smart city applications can be tested and scaled. Developers will be able to deploy real-world use cases involving connected devices while benefiting from regulatory guidance and technical support.

Participants in the program will receive resources such as funding opportunities, mentorship, and access to strategic partners, enabling them to refine and expand their technologies. The initiative reflects the UAE’s continued efforts to lead in Web3 innovation, artificial intelligence, and future-driven economic models.

By fostering projects that combine AI, blockchain, and IoT, the UAE seeks to attract global startups to build the foundations of a decentralized machine economy. The sandbox is expected to drive real-world adoption of DePIN technologies across transport, infrastructure, and smart services sectors.

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