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Revolut expands crypto exchange to 30 new markets in Europe

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Revolut, the UK-based fintech company, has expanded its cryptocurrency services to 30 new markets across Europe, broadening its reach in the digital asset space. The expansion includes countries such as France, Spain, Italy, and Belgium, allowing Revolut users in these regions to buy, sell, and hold a range of cryptocurrencies, including Bitcoin, Ethereum, and other popular altcoins. This move marks a significant step for the company as it continues to diversify its offerings beyond traditional banking services.

Revolut’s crypto expansion is part of its ongoing strategy to integrate digital assets into its broader financial ecosystem. The company already offers cryptocurrency services in several European countries, and the addition of 30 new markets brings the total number of regions where Revolut supports crypto trading to over 40. With this growth, Revolut aims to provide more users with easy access to the crypto space, tapping into the growing demand for digital asset exposure among retail investors.

The expansion also includes new features designed to enhance the user experience, such as improved security measures and more intuitive tools for managing crypto portfolios. Users can now access real-time market data, track their holdings, and execute trades with greater ease through the Revolut app. The platform is also enhancing its educational resources to help users understand the risks and benefits of cryptocurrency investments.

Revolut’s move to expand crypto services comes amid increasing regulatory scrutiny of the crypto industry in Europe. The company has emphasized its commitment to compliance, ensuring that its crypto offerings align with local regulations in each new market. As crypto adoption continues to rise across Europe, Revolut’s expanded presence could further solidify its position as a key player in the region’s rapidly evolving digital finance landscape.

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US lawmakers advance anti-CBDC bill

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U.S. lawmakers have voted to advance a bill aimed at blocking the Federal Reserve from issuing a central bank digital currency (CBDC), marking a major step in the political pushback against the development of a digital dollar.

The bill, which passed through the House Financial Services Committee, would prohibit the Fed from directly offering accounts or issuing a CBDC to individuals, citing concerns over surveillance, privacy, and government overreach.

Supporters of the legislation argue that a digital dollar could pose significant risks to civil liberties, enabling real-time tracking of consumer transactions and expanding federal control over personal finances. They view the bill as a safeguard against what they describe as a “surveillance-style” monetary system.

Opponents of the bill, however, argue that restricting CBDC development could hinder U.S. innovation and global competitiveness in the evolving digital financial landscape.

The legislation now moves closer to a potential floor vote in Congress. Its progress underscores growing ideological divisions over the future of money in the United States, with CBDCs emerging as a new front in the broader debate over digital governance, financial freedom, and the role of government in the digital age.

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Gemini to open Miami office after judge stays SEC case

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Crypto exchange Gemini has opened a new office in Miami, reinforcing its commitment to expanding operations despite pausing its plans for an initial public offering (IPO) amid a continuing legal battle with the U.S. Securities and Exchange Commission (SEC).

The Miami office signals the company’s long-term vision for growth in key U.S. markets, even as regulatory uncertainty clouds the broader crypto landscape. The expansion comes at a time when Gemini is facing heightened scrutiny from the SEC over its Earn program, which the regulator alleges involved unregistered securities.

While the IPO remains on hold, Gemini continues to strengthen its infrastructure and team, focusing on user growth, compliance, and regional outreach. The Miami hub is expected to play a strategic role in those efforts, leveraging the city’s growing status as a U.S. crypto hotspot.

Co-founders Cameron and Tyler Winklevoss remain vocal about the need for clear regulatory frameworks and have emphasized that Gemini will continue to fight for fair treatment while building responsibly in the U.S. and abroad.

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Coinbase Institutional files for XRP futures trading with CFTC

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Coinbase Institutional has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to offer XRP futures trading, marking a significant move toward expanding institutional access to Ripple’s native token.

The filing, submitted through Coinbase Derivatives, signals the exchange’s intent to list XRP futures contracts in a regulated environment. If approved, it would allow institutional investors to gain exposure to XRP through derivative products, a key step in broadening the token’s presence in traditional financial markets.

This development comes amid a gradually improving regulatory climate for XRP, following a partial legal victory for Ripple in its ongoing case with the U.S. Securities and Exchange Commission (SEC). The outcome gave XRP a degree of legal clarity, opening the door for exchanges and financial institutions to re-engage with the asset.

Coinbase’s push to expand its derivatives offerings also aligns with its strategy to build a more robust institutional platform. Approval from the CFTC would position the exchange to capitalize on growing demand for regulated crypto investment vehicles.

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