Crypto

Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners
Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.

Craig Wright Should Pay Plaintiffs' Legal Bill After Found Posing as Satoshi, COPA Says
The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer.

Big Friday Crypto Selloff Pulls Bitcoin Below $70K
Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.

Customers Bank Said to Debank Some Digital Asset Hedge Funds
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.

Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan
Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.





