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BitLicense: Who Has Applied and Who Has Left New York?

CoinDesk is keeping track of both the companies that apply for a BitLicense and those that decide to stop operating in New York state.

Updated Sep 11, 2021, 11:49 a.m. Published Aug 14, 2015, 5:01 p.m.
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BitLicence: Applications plus State Departures

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Disclaimer: This article should not be viewed as an endorsement by CoinDesk. Users should do their own research before trusting their funds to any company.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Crypto ETFs with staking can supercharge returns but they may not be for everyone

choices

From yield potential to custody risks, here’s how direct ETH and staking funds compare for different investor goals.

What to know:

  • Investors can now choose between owning ether directly or buying shares in a staking ETF that earns rewards on their behalf.
  • While staking ETFs offers yield, they come with risks and less control than holding ETH in an exchange or wallet.
  • Grayscale’s Ethereum staking ETF recently paid $0.083178 per share, yielding $3.16 in rewards on a $1,000 investment.