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KindlyMD’s Nakamoto backs Metaplanet with $30m to boost Bitcoin treasury

Metaplanet has secured a major new backer as it races to grow its Bitcoin holdings, with a fresh $30 million commitment coming from KindlyMD’s Nakamoto subsidiary. Summary Metaplanet secured a $30 million investment from KindlyMD’s Nakamoto subsidiary to support its Bitcoin accumulation plan. The deal comes as Metaplanet issues up to ¥130 billion ($884 million)…

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India holds back on full crypto regulation over financial stability concerns

A government document reveals that India is unlikely to implement full crypto regulation, opting instead for limited oversight amid concerns over financial stability and payment system risks. Summary The document warns that implementing a full crypto regulation framework could grant them legitimacy and make the sector systemic, while a complete ban would not stop peer-to-peer…

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Spanish bank BBVA to use Ripple tech for retail digital asset custody under MiCA

Spanish banking group BBVA has teamed up with Ripple to provide institutional-grade custody for Bitcoin and Ethereum to its retail customers in Spain. Summary BBVA will use Ripple Custody, Ripple’s institutional-grade platform, to securely store BTC and ETH for its Spanish retail clients. The partnership expands BBVA’s existing custody network, which already includes Garanti BBVA…

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Paxos touts PayPal partnership in push to win Hyperliquid’s USDH stablecoin bid

Paxos has made changes to its previous proposal in the ongoing bid for Hyperliquid’s USDH stablecoin. This new offer might give it a competitive edge over the likes of Ethena, Sky, LayerZero, Agora. Summary Paxos has updated its proposal for Hyperliquid’s USDH stablecoin with key strategic enhancements, including a PayPal partnership to support USDH’s global…

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House of Doge partners with Bitstamp by Robinhood to secure CleanCore’s Dogecoin treasury

The Dogecoin Foundation’s corporate arm, House of Doge, has partnered with Bitstamp by Robinhood to serve as custodian and trading venue for the Official Dogecoin Treasury by CleanCore Solutions. Summary House of Doge has partnered with Bitstamp by Robinhood to custody the Dogecoin Treasury established by CleanCore Solutions. CleanCore acquired 285M DOGE (~$68M) on Sept….

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