Joseph Rees

EDXM Just Opened the Doors to Institutional Crypto—Here’s Why It Matters

EDXM International has launched a new perpetual futures exchange targeting institutional market participants. EDXM Enters the Crypto Liquidity Wars The platform offers perpetual futures contracts on 44 trading pairs, including bitcoin ( BTC), ethereum ( ETH), solana ( SOL), and XRP. It is backed by several financial institutions and venture capital firms. In the announcement…

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Coinshares Claims First Continental Europe MiCA Asset Manager Status

Coinshares Asset Management has become the first continental European regulated asset manager authorized under the EU’s Markets in Crypto-Assets (MiCA) regulation. Coinshares Asset Management Reaches MiCA Regulatory Milestone According to the announcement shared with Bitcoin.com News, the authorization, granted by the French Autorité des marchés financiers (AMF) to the French subsidiary of Coinshares International Limited,…

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Plans to Offer Loans Backed by Bitcoin

According to Financial Times, Wall Street giant JPMorgan Chase is planning to launch digital-asset-backed loans, a big change in how traditional banks view bitcoin. According to the report, JPMorgan will let clients borrow money using their digital asset holdings— namely bitcoin (BTC) and ethereum (ETH)—as collateral. If approved, the bank will roll this out next…

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A16z Crypto Leads $15 Million Seed Round in Poseidon for Decentralized AI Training Data Layer

Chris Dixon, Managing Partner at Andreessen Horowitz (A16z) Crypto, announced that the firm is leading a $15 million seed round in Poseidon, a company focused on building a decentralized data layer to coordinate supply and demand for artificial intelligence (AI) training data. As the availability of high-quality data for training AI models has diminished, Poseidon…

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FBI Drops Investigation of Kraken Founder Jesse Powell

The FBI has officially dropped its investigation into Kraken founder Jesse Powell and returned dozens of seized devices, including laptops and cellphones, according to Fortune. The investigation, which stemmed from a management dispute with a non-profit organization Powell founded, had no connection to his operations at the cryptocurrency exchange. Powell expressed relief over the conclusion…

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Republic, DePIN Project Mawari Launch Landmark US Node Sale via Reg D

An alternative asset investment platform has partnered with the decentralized physical infrastructure network project Mawari to launch the first license sale of guardian nodes for U.S. investors. Democratizing Access to Decentralized Infrastructure The alternative asset investment platform, Republic, has partnered with the decentralized physical infrastructure network (DePIN) project Mawari to launch the first license sale…

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JPMorgan Considers Bitcoin | BitPinas Live Crypto Updates | July 23, 2025

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter. From Wall Street’s surprising crypto pivot to the latest…

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New IRS Crypto Form Could Trigger ‘Phantom Gains’ and Unwanted Audits, Expert Warns

The Internal Revenue Service’s new Form 1099-DA, while designed to streamline tax reporting for cryptocurrency users, may inadvertently trigger audits due to incomplete cost basis data provided by exchanges, an expert warns. The ‘Phantom Gain’ Trap The Internal Revenue Service (IRS)’s new Form 1099-DA, though well-intentioned, could unfairly target many cryptocurrency users for audits due…

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