BitGo has secured regulatory approval from Germany’s BaFin to expand its digital asset services into trading, marking a significant milestone for institutional crypto adoption in Europe. The license extension allows its Frankfurt-based subsidiary to offer OTC and electronic trading for cryptocurrencies like BTC, ETH, and BNB, as well as stablecoins including USDT and USDC. This move strengthens BitGo’s position as a regulated gateway amid Europe’s projected $26 billion crypto revenue by 2025, with Germany leading as a key hub.
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0 in Finance and 0 in Crypto last weekIOTA Notarization Launch Targets $440B Market by 2030
IOTA’s new Notarization toolkit, now in alpha release, is set to transform data integrity and security on its blockchain network. The toolkit features two methods: Locked Notarization for immutable records like contracts and Dynamic Notarization for updatable data in IoT and supply chains. This innovation reduces costs through refundable storage deposits and enhances security by preventing unauthorized modifications. Analysts project the notarization market, including blockchain-based solutions, could grow to $440 billion by 2030, with significant contributions from digital identity and supply chain sectors. Despite the promising technology, IOTA’s token price remains sluggish, trading at $0.154, though some analysts predict a rebound to $0.27 soon.
about IOTA Notarization Launch Targets $440B Market by 2030Palantir Technologies Navigates Opportunities and Risks in AI Market Expansion
Palantir Technologies is transitioning from government contracts to AI-driven solutions, targeting commercial markets like healthcare and financial services through strategic acquisitions. While investor sentiment is divided over its high valuation and growth potential, the company’s innovations in predictive analytics could significantly impact its stock value amidst market volatility.
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