Reflecting the United States’ growing embrace of Bitcoin, investment bank Cantor Fitzgerald has announced partnerships with Anchorage Digital and Copper.co to support its expanding global Bitcoin financing business.

Anchorage Digital and Copper.co will serve as collateral managers and custodians for Cantor Fitzgerald, providing leverage to institutional investors holding Bitcoin. Anchorage Digital and Copper will use their industry-leading security solutions to custody and safeguard client assets.

“We are thrilled to partner with Anchorage Digital and Copper, whose industry-leading security solutions will help us deliver best-in-class digital asset custody services to our…

Read more on BitcoinMagazine

Bitcoin mining pool Braiins has reached a major milestone by processing over 1,000 daily payouts on the Lightning Network. This achievement demonstrates the potential for Lightning to enable instant, low-cost transactions at scale for the mining sector.

Since first introducing Lightning payouts in February 2024 through a partnership with payments platform Voltage, Braiins has experienced consistent double-digit monthly growth in Lightning transactions. Miners now have access to immediate payouts of their earnings rather than relying on slower, expensive on-chain settlement.

According to Braiins CEO Eli Nagar, “Lightning payouts have completely changed the way miners receive…

Read more on BitcoinMagazine

Coinbase has received approval from the Financial Intelligence Unit to make a significant return to the Indian market. This development follows their 2023 exit which was influenced by regulatory challenges. The US-based cryptocurrency exchange now plans to reintroduce retail services later this year promising a phased rollout of more investments and innovative products.

Having navigated through the stringent requirements of the Prevention of Money Laundering Act Coinbase’s re-entry is timed perfectly as India’s regulations now encompass virtual digital assets. Their relaunch aligns with other major platforms like Binance making a similar move last August indicating a strengthening global confidence in India’s crypto market potential.

The strategic expansion doesn’t stop at trading. Coinbase is set to enhance its developer relations in India by broadening access to its crypto platforms and tools aimed at fostering local innovations and enabling developers to make an impact globally. This move by Coinbase signals a robust commitment to facilitating blockchain technology’s growth in a compliant and forward-thinking manner.