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5 Years After the Bitcoin Law, Crypto Accounts for Just 0.7% of El Salvador’s $5B Remittance Market

Key Takeaways Despite a 39.1% annual rise, crypto handles just 0.7% of El Salvador’s remittances, showing lackluster adoption. Salvadorans still rely on traditional channels, with banks and firms processing over 84% of all funds. The state-sponsored Chivo wallet is winding down under an IMF deal, ending hopes of saving $400M in fees. Crypto Remittances Fail…

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BitMart shuts down trading as BMX crashes more than 60%

BitMart has started a phased shutdown of its global cryptocurrency exchange after reviewing its operating conditions, market environment, and future strategy.  Summary BitMart stopped new registrations, deposits, and orders before ending all trading services on August 26. BMX lost about 63% in 24 hours as traders reacted to the exchange’s shutdown announcement. Withdrawals remain available,…

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Ripple bought a bank in pieces. The $4 billion audit

While the market watched the token, the company spent $4 billion assembling what it was never granted: custody, prime brokerage, corporate treasury, and payment rails, acquisition by acquisition. This is the audit of what the money bought, what it earns, and the uncomfortable question the empire answers about XRP. Summary Between 2023 and 2025, Ripple…

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