Bitcoin News·
The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for these operations. Additionally, the institution was fined $3.2 million. Central Bank of Brazil Bans Banco Topazio From Conducting Crypto Trading Operations As banks enter the […]
Read full articleMOEX's 24/7 crypto trading initiative could enhance Russia's digital asset market, challenging global platforms and influencing regulatory dynamics. The post Moscow Exchange eyes 24/7 crypto trading in push to rival foreign platforms appeared first on Crypto Briefing.
The post Gemini’s $50M quarter shows why it is moving beyond crypto trading appeared on BitcoinEthereumNews.com. Gemini reported $50.3 million in total revenue for the first quarter of 2026, up 42% from a year earlier. Summary Gemini’s credit card revenue jumped nearly 300%, making financial services central to its Q1 growth story. Exchange revenue fell 27% as trading volume dropped from $13.5 billion to $6.3 billion year over year. Gemini’s CFTC clearing license supports its push into prediction markets, futures, options and broader trading products. The company said the increase came from services, interest income and over-the-counter activity, while transaction revenue stayed almost flat at $24.1 million. The results show how Gemini is moving beyond its original crypto exchange model. Exchange revenue fell 27% to $17.2 million as spot trading slowed. Total trading volume dropped to $6.3 billion from $13.5 billion in the same quarter last year. Credit card revenue leads growth The l
Gemini revenue rose 42% to $50.3M in Q1 as credit card income surged, but exchange revenue fell and operating costs increased sharply.
Tether freezes $213M in USDT linked to Gurhan Kiziloz following Brazilian court ruling. Tether has frozen more than $213 million linked to Gurhan Kiziloz and 48 USDT accounts associated with his company following a Brazilian court ruling tied to gambling…
Brokerage and banking firm Charles Schwab officially began rolling out its crypto trading platform to retail clients in the US, joining the list of traditional financial institutions expanding their digital asset offering. Related Reading: Poland’s PiS Proposes Total Crypto Ban As Lawmakers Review Digital Asset Bills Schwab Launches Spot Trading For BTC, ETH On Tuesday, […]
Schwab's crypto trading launch could normalize digital assets in traditional portfolios, potentially sparking fee wars and reshaping market dynamics. The post Charles Schwab rolls out spot Bitcoin and Ethereum trading for retail clients appeared first on Crypto Briefing.
EToro posted its strongest quarter as a public company, with net income up 37% to $82 million, but crypto trade volumes fell 32% in April.
The post Seadrill Limited (SDRL) Lifts Revenue Forecast as Contract Backlog Hits $3.1 Billion appeared on BitcoinEthereumNews.com. Key Highlights Seadrill achieves Q1 adjusted EBITDA of $97M while expanding contract pipeline beyond $3.1B. Shares of SDRL advance 3.05% following upgraded 2026 financial projections. Offshore driller secures fresh rig agreements spanning Brazil, Angola, and Gulf of Mexico operations. First-quarter net loss shrinks as improved dayrates strengthen operational performance. Intraday trading shows early volatility despite positive earnings metrics and enhanced outlook. Seadrill Limited delivered improved first-quarter financial performance while announcing contract wins that pushed its total backlog past the $3.1 billion threshold. Shares of SDRL closed at $49.79, marking a 3.05% increase, though the stock retreated from intraday peaks near $53. The quarterly report highlighted strengthening rig market conditions, upgraded forecasts, and extended revenue certai
