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bitcoinist.com Brokerage Giant Charles Schwab Rolls Out Spot Crypto Trading To Retail Investors

Brokerage and banking firm Charles Schwab officially began rolling out its crypto trading platform to retail clients in the US, joining the list of traditional financial institutions expanding their digital asset offering. Related Reading: Poland’s PiS Proposes Total Crypto Ban As Lawmakers Review Digital Asset Bills Schwab Launches Spot Trading For BTC, ETH On Tuesday, […]

blockonomi.com Tether Hits Gurhan Kiziloz With $213 Million Freeze in Brazil Tax Dispute Over Alleged Gambling and Crypto Tokens Sale

Intense legal dispute talks are actively underway between representatives for Gurhan Kiziloz and the Brazilian government following an unprecedented digital asset freeze. Tether, the issuer of the industry’s leading stablecoin, recently locked $213 million spread across 48 distinct USDT accounts linked to Kiziloz amid a highly complex and escalating retrospective tax conflict in Latin America. [...] The post Tether Hits Gurhan Kiziloz With $213 Million Freeze in Brazil Tax Dispute Over Alleged Gambling and Crypto Tokens Sale appeared first on Blockonomi.

forklog.media MetaMask Developer Delays IPO Until Autumn

The developer of the non-custodial wallet MetaMask, ConsenSys, has postponed its plans to go public in the US. According to CoinDesk, the listing will not occur before autumn. Initially, Joseph Lubin's company planned to file with the SEC by the end of February, engaging bankers from JPMorgan and Goldman Sachs for the process. The delay is attributed to unfavourable market conditions. In February, the crypto market declined due to macroeconomic uncertainty and outflows from bitcoin ETFs, as investors showed reduced interest in risky assets. ConsenSys is not the only company reconsidering its plans amid volatility: earlier, the trading platform Kraken and wallet manufacturer Ledger also announced a pause in their IPO preparations. Currently, the only major crypto company to go public this year remains BitGo. However, after a successful start, the service's shares fell 46.9% below the offering price. Source: Google Finance. In the first quarter, BitGo's revenue reached $3.8 billion, a 112.6% increase over the same period last year. The growth was driven by digital asset sales and stablecoin issuance services. The company also launched a derivatives trading service, with platform trading volumes reaching approximately $3 billion. Despite revenue growth, the firm's net loss increased to $60.7 million from $25.7 million a year earlier. BitGo attributed the losses to a paper revaluation of bitcoin holdings and employee compensation expenses post-IPO. Cryptocurrency Regulation ConsenSys' Director of Regulatory Affairs, Bill Hughes, urged the US Senate to expedite the passage of the CLARITY Act. He stated that the lack of clear rules forces American crypto businesses offshore. 🚨America Is Handing the Crypto Market to Foreign Competitors. The CLARITY Act Would Change That.🚨The United States is the largest cryptocurrency market on the planet. American users moved over $1 trillion in crypto transactions in the first seven months of 2025 alone. And yet…— Bill Hughes 🦊 (@BillHughesDC) May 8, 2026 Hughes warned that using foreign exchanges poses national security risks: regulators find it harder to combat money laundering and sanctions evasion. The CLARITY Act provides for federal registration of crypto exchanges and brokers. The document requires platforms to comply with AML rules and gives the Treasury tools to monitor transactions. According to Hughes, the law is necessary for major financial institutions. Banks and investment funds are ready to adopt blockchain but await a legal framework. This would help create high-tech jobs and maintain US leadership in the industry. US Senators Jack Reed and Tina Smith have prepared amendments to the CLARITY Act ahead of the final committee vote. News: Sens. Reed (D-R.I.) and Smith (D-Minn.) have filed an amendment ahead of Thursdays markup that will force senators to choose between crypto and the banksThe amendment would incorporate bank’s changes to stablecoin yield restrictions. Tough tough vote for bank-friendly Rs pic.twitter.com/ldxJRmfnQT— Brendan Pedersen (@BrendanPedersen) May 13, 2026 Over 100 comments have been submitted on the project, 40 of which were prepared by Senator Elizabeth Warren. She proposed, among other things, to prohibit the Federal Reserve from opening master accounts for crypto companies. Reed suggested banning the use of digital assets as legal tender, including for tax payments. The American Bankers Association has sent over 8,000 letters to senators. The organization's main complaint is the compromise on stablecoin yields: experts believe the new rules could harm the interests of the traditional financial sector. 🚨NEW: Since last Friday, @ABABankers members have sent more than 8,000 letters to Senate offices urging lawmakers to fix the stablecoin yield compromise, per a source familiar with the effort. It apparently does not include a separate phone call campaign.— Eleanor Terrett (@EleanorTerrett) May 12, 2026 The US Senate Banking Committee will review the updated document on May 14. Back in November 2025, Ripple's President Monica Long denied plans for the fintech company's initial public offering.

cryptopotato.com BTSE Bhutan Receives In-Principle Approval for Digital Asset Trading and Custody Services License

[PRESS RELEASE – Gelephu, Bhutan, May 14th, 2026] BTSE Bhutan today announced that it has formally received an In-Principle Approval (IPA) from the Gelephu Financial Services Office (GFSO) in Gelephu Mindfulness City (GMC) to obtain a Financial Services License (FSL). Upon the successful fulfillment of final regulatory conditions, the anticipated Financial Services License will permit BTSE Bhutan to […]

bitcoinist.com Bhutan Transfers $8 Million In Bitcoin Amid Ongoing Bitcoin Liquidation

Bhutan could walk away with roughly $767 million in total profit if it sells its remaining Bitcoin near current prices — a striking figure for a Himalayan nation of 750,000 people that quietly built one of the world’s largest sovereign crypto reserves through hydropower mining. Related Reading: US Charges Trio In Brutal Crypto Wrench Attack […]

news.bitcoin.com ADI Foundation and Settlemint Launch ADGM Tokenization Rail for $30.9B RWAs

ADI Foundation and Settlemint have launched a partnership to build an integrated digital securities infrastructure on the ADI Chain. Integrated Infrastructure for Institutional Adoption ADI Foundation and Settlemint announced a partnership on May 13 to launch a new digital securities infrastructure on the ADI Chain, aiming to streamline the tokenization of assets within the Abu […]

blockonomi.com BitGo Revenue Hits $3.8 Billion in Q1 2026 Despite Widening Net Loss After NYSE Debut

TLDR: BitGo’s total Q1 2026 revenue reached $3.8B, rising 112.6% year-over-year driven by digital asset sales activity. Net loss widened to $60.7M in Q1 2026, largely due to non-cash Bitcoin treasury adjustments and IPO-related stock compensation. Client count grew 42% year-over-year to 5,569, reflecting continued institutional demand across BitGo’s platform. Stablecoin-as-a-Service revenue jumped 43.6% sequentially [...] The post BitGo Revenue Hits $3.8 Billion in Q1 2026 Despite Widening Net Loss After NYSE Debut appeared first on Blockonomi.

blockonomi.com Forward Industries Nears $1B Unrealized Loss as Solana Price Falls Below Its $232 Buy-In

TLDR: Forward Industries holds 6.96M SOL purchased at $232.08, putting its unrealized loss close to $1 billion. The company posted a $585.65M net loss in Q1 fiscal 2026, largely from a $560M digital asset loss. Staking rewards topped 112,171 SOL since inception, with gross APY ranging between 6.5% and 7.2%. Forward reported $21.4M in revenue, [...] The post Forward Industries Nears $1B Unrealized Loss as Solana Price Falls Below Its $232 Buy-In appeared first on Blockonomi.

forklog.media Bitcoin Advocate Kevin Warsh to Lead the Federal Reserve

The U.S. Senate has confirmed Kevin Warsh as the new chair of the Federal Reserve System (Fed). His nomination received 54 votes in favor and 45 against. Warsh will succeed Jerome Powell, whose term ends on May 15. The new chair will serve a four-year term. The Senate also confirmed him as a member of the Fed's Board of Governors for 14 years. Warsh previously served on the regulator's board from 2006 to 2011. Before that, he held executive positions at Morgan Stanley. The new Fed chair is known for his favorable stance on digital assets. He has described bitcoin as an "important asset" that aids authorities in assessing the state of the economy. Financial disclosures revealed that Warsh has invested in crypto projects such as dYdX, Lighter, Polychain Capital, and Dapper Labs. He also owns tokens in Solana and Optimism. One of the key areas of focus for the new Fed chair will be interest rate policy—a topic that has frequently been a source of contention between Powell and President Donald Trump. On May 12, the U.S. Bureau of Labor Statistics reported a 3.8% year-over-year increase in the Consumer Price Index (CPI). Weak CPI data triggered a reduction in risk positions in bitcoin derivatives: open interest on major crypto exchanges fell by nearly $1.25 billion. Back in January, Powell revealed that the U.S. Department of Justice had threatened him with criminal charges over testimony given in Congress in June 2025.

forklog.media Ledger Postpones IPO Amid Market Volatility

The hardware wallet manufacturer Ledger has indefinitely postponed its IPO due to challenging market conditions, according to CoinDesk, citing sources. One insider revealed that the French firm has not submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission. Confidential filing of documents is typically the first formal step in the process of going public. It is also reported that Ledger is exploring various financing options and has the ability to raise capital privately. News of the company's IPO plans emerged in January, when the wallet manufacturer was valued at approximately $4 billion—three times the figure for 2023. Major banks, including Goldman Sachs, Jefferies, and Barclays, were acting as advisors for the deal. In November 2025, Ledger CEO Pascal Gauthier also mentioned a potential public offering. He noted that as the number of hacking attacks increased, his company's revenue exceeded "hundreds of millions of dollars." Ledger is not the first crypto company to delay an IPO in 2026. In March, the media learned that the exchange Kraken had similarly postponed its plans indefinitely, also citing difficult market conditions. Conversely, custodian BitGo successfully completed its stock offering. In January, the company debuted on the NYSE. This success likely echoes the previous year. In 2025, 11 crypto companies went public, collectively raising $14.6 billion. Earlier in March 2026, Gemini shareholders filed a class-action lawsuit against the crypto exchange. The plaintiffs accuse the platform, its founders Tyler and Cameron Winklevoss, and top executives of misleading investors during and after the IPO.

blockonomi.com Jane Street Cuts Bitcoin ETF Exposure, Doubles Down on Ether in Q1 2026

TLDR: Jane Street cut its BlackRock IBIT position by roughly 71%, bringing the stake to about 5.9 million shares. The firm’s Fidelity FBTC holding dropped nearly 60%, falling to around 2 million shares by the end of Q1 2026. Combined additions to BlackRock and Fidelity Ether ETFs totaled approximately $82 million during the quarter. Galaxy [...] The post Jane Street Cuts Bitcoin ETF Exposure, Doubles Down on Ether in Q1 2026 appeared first on Blockonomi.

bitcoinist.com Warren Files 40 CLARITY Act Amendments To Keep XRP Out of US Banking System, Expert Reveals

As the Senate Banking Committee’s long-awaited markup of the CLARITY Act nears, XRP has reportedly become a focal point of a wave of amendments being prepared for the key vote on Thursday.  The bill—described by participants as a crypto market structure package that has already been delayed by more than five months—is widely viewed by […]

blockonomi.com Pepe Coin News: Holder Addresses Surge Past 550,000 as ETF Filing Adds Momentum and Pepeto Presale Nears Sellout Before Listing Triggers

The pepe coin news cycle is heating up as holder addresses jumped by 37,000 since mid-April to reach roughly 551,500 unique wallets. Canary Capital filed an S-1 with the SEC for the first spot PEPE ETF in history, and the token trades near $0.0000041 with higher lows forming since late March. With Bitcoin above $80,000, [...] The post Pepe Coin News: Holder Addresses Surge Past 550,000 as ETF Filing Adds Momentum and Pepeto Presale Nears Sellout Before Listing Triggers appeared first on Blockonomi.

news.bitcoin.com Bet-at-Home Q1 Revenue Falls 16% After Choosing Tax Pass-Through Path Rivals Refused

Bet-at-home.com AG’s Q1 2026 gross betting and gaming revenue fell 16.1% as the operator’s June 2025 decision to pass Austria’s newly raised 5% betting tax through to customers translated into a €22m sportsbook volume drop. Multiple competitors opted to absorb the same tax hike instead, exposing Bet-at-home to an activity decline that has now flipped […]

cryptobriefing.com Iran threatens weapons-grade uranium enrichment as peace talks stall, raising crypto safe-haven questions

Iran's uranium enrichment threat could destabilize global markets, impacting crypto regulations and energy prices, with broader economic ripples. The post Iran threatens weapons-grade uranium enrichment as peace talks stall, raising crypto safe-haven questions appeared first on Crypto Briefing.

cryptobriefing.com eBay rejects GameStop’s $55.5 billion takeover bid, calling it ‘neither credible nor attractive’

GameStop's rejected bid highlights the challenges of transforming traditional retail into e-commerce, emphasizing strategic and financial hurdles. The post eBay rejects GameStop’s $55.5 billion takeover bid, calling it ‘neither credible nor attractive’ appeared first on Crypto Briefing.

bitcoinist.com Crypto Superapp Legend Announces Shutdown As Industry Shakeout Continues

Mainstream crypto users don’t care whether a product runs on a blockchain or not. That blunt observation came from Legend CEO Jayson Hobby as he announced the closure of the DeFi mobile app he helped build — and it may be the most honest thing said about crypto consumer products in years. Related Reading: Former […]

bitcoinist.com America ‘Must Fight To Win Crypto’, Galaxy CEO Novogratz Says

Mike Novogratz has urged Senate Democrats to move forward on crypto market structure legislation, warning that resistance to the CLARITY Act could push digital asset activity further offshore and weaken the United States’ role in shaping the industry. In a post on X titled “America Must Fight to Win Crypto,” Novogratz framed the debate as […]

news.bitcoin.com Experts Say Zk Proofs Give DePINs an Edge as AI Trust Demands Rise

Goldman Sachs’ baseline forecast of $7.6 trillion in artificial intelligence (AI) capital spending ultimately depends on how long AI‑specific silicon remains useful. Decentralized networks promise major cost efficiencies but continue to battle latency issues, and experts argue their long‑term viability will hinge on prioritizing verifiability over raw performance. The $7.6 Trillion Baseline A recent Goldman […]

news.bitcoin.com Let the Free Markets Be Free: SEC Push Could Shape Future Crypto Rules

SEC officials discussed modernizing securities rules that could affect crypto-linked public companies, with senior regulators openly questioning whether decades-old frameworks still fit digital asset markets. Division of Corporation Finance Director Jim Moloney said the agency wants to reduce unnecessary burdens and “let the free markets be free.” SEC Free Market Push Could Reach Crypto Issuers […]