Everstake defends non-custodial staking as SEC weighs industry input

Everstake defends non-custodial staking as SEC weighs industry input

Everstake met with the SEC’s Crypto Task Force to argue that non-custodial staking is a technical process, not a securities transaction. The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks. The meeting, which also…

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Brazil fintech gets approval to become a Bitcoin treasury company

Brazil fintech gets approval to become a Bitcoin treasury company

Brazilian fintech firm Méliuz’s shareholders officially approved a Bitcoin treasury proposal on May 15, with the firm also announcing it acquired another 274.5 Bitcoin. Méliuz’s executive chairman says his fintech firm has become Brazil’s first publicly-traded Bitcoin treasury company following shareholder approval, with the firm also announcing it bought $28.4 million worth of Bitcoin to…

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Bitdeer Q1 revenue falls more than 40% year-over-year

Bitdeer Q1 revenue falls more than 40% year-over-year

The company still managed to clock net income of more than $400 million due to increasing values of derivatives on its balance sheet, Bitdeer said. Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the Bitcoin miner said on May 15.  The Singaporean company clocked…

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Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister

Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister

Kazakhstan’s digital minister says lifting crypto restrictions and expanding regulations could turn the country into Central Asia’s top blockchain hub. Kazakhstan has the potential to become a leading crypto hub in Central Asia if regulatory restrictions are eased, according to Kanysh Tuleushin, the country’s first vice minister of digital development, innovation, and aerospace industry. In…

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