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DWF Labs Expands Regulated Crypto Operations With BVI VASP Licence

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DWF Labs said a group entity has secured regulatory approval as a Virtual Asset Service Provider in the British Virgin Islands.

The approval from the British Virgin Islands Financial Services Commission allows the entity to exchange virtual assets and provide financial services connected with token issuances, according to DWF Labs. The authorization was granted under the territory’s Virtual Assets Service Providers Act.

DWF plans to use the regulated entity to offer institutional clients OTC trading and market-making services, including spot transactions across cryptocurrencies and stablecoins.

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The approval matters as crypto trading firms increasingly seek regulated entities through which they can serve professional investors.

BVI rules require registered VASPs to meet governance, compliance, risk-management and anti-money-laundering requirements.

The jurisdiction has also attracted other digital-asset trading firms. Kraken’s Payward Oceanic entity received BVI authorization covering exchange, custody and transfers in June, while firms including Nonco and VersiFi operate under the same regime.

The BVI has also become a domicile for tokenized investment products. BlackRock’s BUIDL fund and OpenEden’s tokenized Treasury vehicle use BVI-based entities, according to RWA.xyz.

“The Virtual Asset Service Provider approval from the British Virgin Islands Financial Services Commission is a key step in responsibly expanding and delivering DWF Labs’ regulated digital asset services to international institutional clients,” Managing Director and Partner Heng Lee said in a statement shared with AlexaBlockchain.

He added that the approval would allow DWF Labs to broaden its products and services while strengthening its focus on transparency and governance.

The above article “DWF Labs Expands Regulated Crypto Operations With BVI VASP Licence” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/dwf-labs-expands-regulated-crypto-operations-with-bvi-vasp-licence/

Read Also: This is the First U.S.-Chartered Depository Bank to Offer Stablecoin Invoicing

Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

Standard Chartered launches spot Bitcoin and Ether trading in UAE

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Standard Chartered said it is the first major global bank to offer institutional access to spot Bitcoin and Ether trading in the UAE region.

Ether, XRP ETF Inflows End as Bitcoin Funds Rebound

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US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand.

Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12 consecutive trading days of inflows, according to SoSoValue data. The funds had attracted $1.62 billion during the streak.

BlackRock’s iShares Ethereum Trust ETF (ETHA) led Ether fund outflows with $53.4 million, while the Fidelity Ethereum Fund (FETH) lost $26.2 million and the Grayscale Ethereum Staking ETF (ETHE) shed $23.5 million, according to Farside Investors data. BlackRock’s staked Ether ETF (ETHB) partially offset those withdrawals with around $53 million in net inflows.

Spot XRP ETFs also posted $7.2 million in net outflows, ending an 11-session inflow streak. The streak brought in about $170 million, lifting cumulative XRP ETF inflows to about $1.68 billion.

Bitcoin ETFs moved in the opposite direction, drawing $101.2 million on Wednesday after $236.5 million in net outflows a day earlier.

The shift in ETF flows came as cryptocurrency prices declined, with Ether leading losses over the past seven days, down 3.4%, followed by XRP at 2.4% and Bitcoin at 1.3%, according to CoinGecko. At the time of publication, the three crypto assets traded at $2,407, $1.36 and $77,744, respectively.

Related: Japan’s Remixpoint dumps altcoins, leaves 1,506 BTC as sole crypto bet

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

Crypto Long & Short: Crypto VCs are mistaking consensus for discipline

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In this week’s Crypto Long & Short, Varun Datta of Truth Ventures writes that crypto venture capital’s retreat to later-stage deals is a consensus trade dressed as discipline. With proven companies taking 57% of last quarter’s capital, he argues the founding-stage gap is where the returns are, and lays out three things to look for.

Dogecoin becomes only losing bet for Japan-listed firm as it sells altcoins for bitcoin

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Remixpoint booked gains on ether, solana and XRP, but sold DOGE below its fiscal-year opening value as it concentrated its crypto holdings in bitcoin.

Bitcoin back above $77,500, XRP leads majors as Fed hike odds near 66%

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Every major token is green over 24 hours, though only zcash and hyperliquid are holding gains on the week.

Bitget Brings 500+ Youth Together to Explore the Future of Finance and Web3

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  • Bitget’s Crypto Experience Month 2026 engaged 500+ participants across four offline events.
  • Blockchain4Youth expanded into TradFi education, covering stocks, commodities, ETFs and tokenization.
  • Bitget’s #MatchTheRealWorld campaign simplified RWA and rToken education for young audiences.

Global, September 2, 2026— Bitget, the world’s largest Universal Exchange (UEX), has wrapped up Crypto Experience Month 2026, bringing more than 500 participants together across four offline events alongside global online activities throughout August. Under the theme “Step into the Real World,” this year’s program focused on real-world assets (RWA), financial literacy and the growing convergence between traditional finance and Web3.

The campaign marked the latest evolution of Bitget’s Blockchain4Youth initiative, expanding its educational focus from foundational blockchain concepts into the financial markets increasingly intersecting with digital assets. Participants explored how stocks, gold, commodities and other real-world assets connect with blockchain through tokenization, alongside broader financial and career education.

“Young people today are growing up with many more ways to invest and manage their money,” said Gracy Chen, CEO of Bitget. “Crypto is part of that world, alongside stocks, gold and traditional finance. Education should help them understand how these different markets work, so they can make informed decisions and feel more confident about their financial future.”

Across the month, four offline events drew more than 500 attendees across international markets. Activities included RWA and financial education sessions, career discussions with industry professionals, interactive simulations, quizzes and Blockchain4Youth Learning Hub activities. The different formats were designed to move participants from learning financial concepts toward seeing how they are applied in markets and potential careers.

Online, #MatchTheRealWorld turned RWA education into a social discovery activity. Participants identified familiar real-world assets, from consumer brands to gold, and matched them with their corresponding rToken tickers on Bitget. By starting with companies and assets people encounter in everyday life, the activity provided a more tangible introduction to how tokenization connects blockchain with the real economy.

Crypto Experience Month also ran alongside the second semester of the Blockchain4Youth Learning Hub, including TradFi 101. The curriculum brings traditional market concepts such as stocks, commodities and ETFs into Bitget’s broader blockchain education efforts, reflecting the increasingly connected nature of digital and traditional finance.

The 2026 edition builds on several years of Blockchain4Youth programming, with Bitget increasingly connecting education, experience and professional opportunity. As tokenization brings more traditional assets onto digital rails, the initiative aims to give the next generation the financial and digital literacy needed to understand and participate in that transition.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Source: Bitget

The above article “Bitget Brings 500+ Youth Together to Explore the Future of Finance and Web3” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/bitget-brings-500-youth-together-to-explore-future-of-finance-web3/

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Plenti Raises $3M From Tether, Verda Ventures to Expand Across Latin America

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Colombian FinTech platform Plenti has raised $3 million in a seed funding round led by Tether with participation from Verda Ventures.

Plenti has built a global multicurrency account used by more than 150,000 people and businesses across Colombia to move digital dollars, fund international brokerage accounts, and invest fractionally in U.S. stocks and crypto assets.

Founded in 2022, the platform has processed more than $3.1 billion in annual transaction volume to date. Having proven the model in Colombia, Plenti is now expanding into Peru and Bolivia.

The company plans to use the funds to consolidate its operations in Colombia and finance its expansion into Peru and Bolivia.

Tether’s investment comes as digital dollar platforms gain ground across Latin America amid continued volatility in local currencies. As of the end of the second quarter of 2026, Tether reported approximately $184.6 billion in USDT in circulation, representing more than 60% of the global stablecoin market.

“Having Tether come in now as an investor validates what we’ve built and lets us strengthen the platform’s liquidity and security to bring this model to more markets in Latin America,” said Martín Peláez, co-founder and CTO of Plenti.

Plenti competes in the multicurrency accounts and retail investment category alongside platforms such as ARQ (formerly DolarApp), Littio and Bitso. Its offering includes international transactions, yield on balances of up to 8% EA, and fractional investing starting at $6 in U.S. exchange listed stocks, ETFs and crypto assets.

“We raised $3 million for an operation that already moves more than $3.1 billion a year. We didn’t need capital to grow in Colombia, we raised it to accelerate and bring the model to new markets,” Peláez said.

The above article “Plenti Raises $3M From Tether, Verda Ventures to Expand Across Latin America” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/plenti-raises-3m-seed-funding-tether-verda-ventures/

Read Also: This is the First U.S.-Chartered Depository Bank to Offer Stablecoin Invoicing

Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

Crypto Industry Urges SEC to Avoid Blanket Novel ETF Restrictions

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Latest NewsPublishedSep 2, 2026

Grayscale, a16z, and the CCI asked the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category, while proposing different routes to clearer and faster reviews.

Crypto industry participants urged the US Securities and Exchange Commission (SEC) to avoid a blanket restriction on “novel” exchange-traded funds (ETFs) and instead evaluate products based on their individual risk parameters.

Venture capital firm a16z asked the SEC to evaluate novel products according to their underlying characteristics, coordinate fund-registration and exchange-listing reviews and adopt more predictable timelines. Digital asset investment manager Grayscale and the Crypto Council for Innovation (CCI) supported optional confidential pre-filing processes.

All three opposed changing existing investment-company classifications in ways that could automatically sweep products holding non-securities into the Investment Company Act framework.

The letters were dated Aug. 31 and posted by the SEC around the close of a 60-day public-comment period on its request for feedback concerning novel ETFs.

The SEC opened the consultation window on the next generation of ETFs on June 30, seeking feedback on whether existing regulations are adequate, how such funds should be regulated and whether changes to the registration process are needed.

Related: California Senate passes bill to ban memecoin issuance by public officials

Crypto industry stakeholders urge SEC for more regulatory clarity on novel ETFs

A16z argued that crypto-based ETPs now benefit from more developed market infrastructure, including exchange-approved listing standards and established disclosure requirements, and therefore should not be grouped with products holding private assets or using other novel strategies.

Grayscale similarly argued that digital asset products with established compliance and disclosure records should not face new portfolio conditions or disclosure regimes merely because they are characterized as novel. CCI called for comparable regulatory efficiencies across ETFs and non-ETF ETPs while preserving existing investor protections.

The commenters broadly opposed categorical regulatory changes that could impose additional requirements or delay product launches. However, their recommendations differed on classification, approval procedures and terminology.

One clear disagreement concerned the ETF label. a16z proposed that the term ETF should be reserved for funds under the Investment Company Act of 1940, while Grayscale said that the term ETF should describe economic characteristics regardless of the legal wrapper.

Meanwhile, CCI urged the financial regulator to create clearer registration-status disclosures rather than radically changing the current approval framework.

Magazine: What NYSE’s exploration of onchain systems means for financial markets

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

DOJ says Hamas crypto seizures reached $560,000 as FBI took over fundraising sites

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FBI agents took control of domains and servers, specifically Alqassam.ps, to intercept donations and prevent further fundraising for the Al-Qassam Brigades.