2d ago
BitGo posts Q1 revenue of $3.8 billion as net loss widens to $60.7 million
BitGo Holdings said it brought in $3.8 billion of total revenue in the first quarter, a 112.6% increase year over year, in its first quarterly report since listing on the NYSE in January. The company reported a net loss of $60.7 million for Q1 versus a $25.7 million loss a year earlier, citing non-cash mark-to-market effects tied to its bitcoin treasury and higher IPO-related stock-based compensation.
BTC
BTC-1.80%
2d ago
4-1
Australia advances the Digital Assets Framework Bill 2025 with licensing rules
Australia's parliament has passed the "Corporations Amendment (Digital Assets Framework) Bill 2025," which would require crypto exchanges and custody providers to hold an Australian Financial Services Licence. The Treasury introduced the bill in November 2025, and it passed the Senate on Wednesday, clearing both houses. The framework is expected to start 12 months after Royal Assent, with a transition period for businesses.
BTC
BTC-1.80%
4-1
3-26
US grand jury indicts two Chinese firms and six nationals in crypto-linked fentanyl precursor case
A federal grand jury in Ohio indicted two Chinese pharmaceutical companies and six Chinese nationals over alleged fentanyl precursor trafficking and money laundering, after investigators said customers were told to pay through crypto wallets controlled by the defendants. The case, tied to the FBI's Operation Box Cutter, also includes charges against three defendants for allegedly seeking to provide material support to a Mexican cartel designated as a foreign terrorist organization.
BTC
BTC-1.80%
3-26
3-23
Fidelity asks SEC for clearer broker-dealer rules on crypto custody and trading
Fidelity Investments urged the U.S. SEC to speed up rulemaking that would integrate crypto assets into existing market structures, with a focus on alternative trading systems. The firm said broker-dealers still need clearer guidance to offer, custody and trade crypto assets and to support crypto-security trading pairs. Fidelity also pressed for clearer standards for secondary trading of tokenized securities and for clarification on using blockchain for recordkeeping and on-chain settlement.
BTC
BTC-1.80%
3-23