Category: Bitcoin News

Societe Generale’s SG-FORGE Launches Euro Stablecoin on XRP Ledger

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French banking group Societe Generale’s digital asset arm, SG-FORGE, has deployed its euro-denominated stablecoin, EUR CoinVertible, on the XRP Ledger, marking the token’s third blockchain launch after Ethereum and Solana. According to Wednesday’s announcement, the rollout is supported by Ripple’s custody infrastructure and could enable integration into Ripple products, including use as trading collateral. SG-FORGE said the move expands institutional access to the euro-backed token across another public network. The launch comes about a month after global banking network SWIFT tested SocGen’s euro-pegged stablecoin in a pilot of exchange and…

$50,000 Price Odds Remain As 2024 Hodlers Help Stabilize BTC

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Two-year Bitcoin hodlers “absorbed” seller pressure in recent weeks, according to new research, but most analysts still expect new macro BTC price lows. New analysis suggests that Bitcoin (BTC) is “relying” on early 2024 buyers as its price action stalls below $70,000. Key points: Bitcoin buyers from early 2024 are in focus as a giant potential safety net for BTC price. Their cost basis extends down to $60,000, and a major capitulation has not yet happened. New macro BTC price lows remain a popular near-term bet. 2024 Bitcoin hodlers have…

Modern Treasury Adds Stablecoin Settlement to PSP

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Modern Treasury, a payments operations software provider that helps companies manage and reconcile money movement, has introduced an integrated payment service provider (PSP) that supports both traditional fiat rails and stablecoins. On Wednesday, the company announced that it has added stablecoin settlement to the same infrastructure that businesses already use for ACH transfers, wire payments and real-time payment networks. At launch, the platform supports Global Dollar (USDG), Pax Dollar (USDP) and USDC (USDC), with USDt (USDT) expected to be added in the future. Modern Treasure acquired stablecoin and fiat payment…

How Europe’s Blockchain Sandbox Ties Innovation to Regulation

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The European Union, often criticized for prioritizing rulemaking over innovation, is pointing to the European Blockchain Sandbox as an example of how regulation can boost innovation. After three cohorts of confidential dialogues, the initiative has produced a 230-page best practices report and drawn in nearly 125 regulators and authorities. The European Commission tapped law firm Bird & Bird and its consortium partners to lead the initiative, which matches blockchain use cases with regulators for confidential dialogues aimed at clearing legal challenges. Marjolein Geus, a partner at Bird & Bird, told…

AMLBot Says Social Engineering Drove 65% of Crypto Incidents in 2025

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About two-thirds of crypto incidents investigated by blockchain analytics company AMLBot in 2025 were driven by social engineering rather than technical exploits, according to a report based on the company’s internal casework. AMLBot said 65% of the incidents it reviewed last year involved access and response failures, such as compromised devices, weak verification and delayed detection, instead of vulnerabilities in blockchains or smart contracts. The company said its analysis draws on about 2,500 internal investigations and should not be read as an industrywide measure of crypto crime, according to a…

Lagarde May Leave ECB Early as Digital Euro Enters Key Phase

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European Central Bank (ECB) President Christine Lagarde is considering leaving before her eight-year term ends in October 2027, the Financial Times reported, citing a person “familiar with her thinking.”  Lagarde, who took office in November 2019, is said to be weighing an early exit ahead of France’s April 2027 presidential election so that outgoing President Emmanuel Macron and German Chancellor Friedrich Merz can agree on a successor, the FT reported Wednesday. An ECB spokesperson pushed back on the report, telling Cointelegraph: “President Lagarde is totally focused on her mission and…

Bitcoin ETFs Post $105M Outflows As Hong Kong Buyer Emerges

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US spot Bitcoin exchange-traded funds (ETFs) posted $104.9 million in net outflows on Tuesday in the first trading session this week. Total trading volume in spot Bitcoin (BTC) ETFs fell to just over $3 billion, down nearly 80% from a record $14.7 billion on Feb. 5, reflecting a continued slowdown in trading activity, according to SoSoValue data. Daily flows in US spot Bitcoin ETFs since Feb. 9, 2026. Source: SoSoValue The outflows came as another round of institutions reported their Bitcoin ETF holdings for the fourth quarter of 2025, with…

Nevada Sues Kalshi After Appeals Court Greenlights Action

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The US state of Nevada has sued Kalshi after the prediction market company lost its court challenge to stop the state’s regulator from taking action over its sports prediction markets. The US Court of Appeals for the Ninth Circuit on Tuesday denied Kalshi’s bid to stop Nevada’s gaming regulator from taking action on its sports event contracts, removing a block on the regulator launching a civil suit against the company. After the decision, the Nevada Gaming Control Board promptly filed a civil enforcement action in state court against Kalshi, which…

Prediction Markets Working Group Will Support Push For Regulatory Clarity

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Blockchain advocacy group The Digital Chamber has launched a new unit focused on supporting prediction markets and helping gain regulatory clarity for the sector in the US.  In an announcement via X on Tuesday, The Digital Chamber unveiled the Prediction Markets Working Group, outlining a multi-year plan to bring clarity to what it called a “misunderstood segment of finance.”  The Digital Chamber said the first course of action was sending a letter to Commodity Futures Trading Commission (CFTC) chairman Mike Selig praising his efforts to maintain federal jurisdiction over prediction…