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Bitget has secured a key license in El Salvador, joining other crypto firms exploring the country’s growing appeal as a regulated hub for digital assets. Cryptocurrency exchange Bitget has received a digital asset service provider license from El Salvador ‘s National Commission of Digital Assets, following its earlier approval for a Bitcoin services provider license earlier in 2024, the company said in a Friday press release . According to the exchange, the new license allows it to offer more services in the country, including spot and derivatives trading as well as staking and other yield-focused products. Hon Ng, chief legal officer at Bitget, says the company’s move to grow in El Salvador is linked to the country’s continued push to stay “ahead of many with its progressive and transparent approach to Bitcoin ( BTC ) and digital asset regulation, making it an attractive jurisdiction for good quality web3 companies aiming to operate responsibly at scale.” “Our focus at Bitget is to enter countries with a regulated framework for crypto and provide our best services as we expand on our global regulatory strategy.” Hon Ng Bitget said it plans to keep supporting jurisdictions that offer “clear frameworks and support the development of a secure, efficient crypto economy,” though it didn’t name specific countries. Bitget is not alone in looking to El Salvador. Other web3 companies have also moved to set up operations there after the country committed to becoming a crypto-friendly hub. For instance, in early January, stablecoin issuer Tether said it would move its corporate entity and subsidiaries to El Salvador after securing a digital asset service provider license in the Central American nation.

Ripple CEO Brad Garlinghouse confirmed his attendance at XRPL Apex 2025, the annual summit for the XRP Ledger community, scheduled for June 10–12 in Singapore, generating excitement about Ripple’s focus on blockchain innovation. Garlinghouse’s brief teaser tweet spurred interest among developers, investors, fintechs, and web3 startups preparing to showcase XRPL projects. The event , branded as the “largest annual summit for the XRPL community,” will feature interactive workshops, live demos, and hands-on sessions with Ripple’s latest technology alongside keynotes and panels . Both Ripple and XRPL enthusiasts anticipate updates on the evolving ecosystem. Related: SEC vs Ripple Latest: What Recent Twists Mean for XRP’s Future Clarity Ripple’s choice of Singapore likely reflects a strategic focus on Asia as a crypto innovation hub and an effort to build alliances in regulatory-forward markets while expanding its global developer base. With Ripple emphasizing real-world utility and seeking regulatory clarity (particularly in the U.S.), Apex 2025 might serve as a platform for significant announcements regarding tokenization, DeFi integrations, or CBDC partnerships. The summit offers attendees three days of learning, networking, and direct engagement with builders on the XRP Ledger, showcasing Ripple’s continued global expansion and ecosystem investment despite ongoing US legal challenges. However, contrasting with the forward-looking event news, the price chart for XRP showed weakness. Related: Enterprise Focus: Ripple Integrates RLUSD Stablecoin into Core Payments Technical analysts note XRP has broken below a head-and-shoulders pattern on its daily chart , a formation typically suggesting a potential downward trend. This analysis projects a possible significant price decrease, with some chartists eyeing targets near $1.30. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Orbs connects futures liquidity hub to IVX on Berachain Orbs $ORBS, an Israeli blockchain project, has integrated its futures liquidity hub with IVX, an intent-based perpetual futures exchange on Berachain $BERA. IVX supports high-leverage trading—up to 500x—on assets like

The Shiba Inu ecosystem is about to cross a historic milestone. The Shibarium blockchain, a layer 2 solution dedicated to this crypto universe, is now nearing a billion transactions. As these lines are written, the counter shows over 992 million transactions, with a daily pace exceeding 3.8 million. Just a few more days, and Shibarium will enter the history books. Launched to alleviate congestion on Ethereum, Shibarium showcases impressive numbers: over 10 million blocks produced and 191 million unique addresses recorded. Within just a few months, this network has demonstrated an adoption capacity rarely seen in the crypto world. With a steady pace of 3.8 million transactions per day, Shiba Inu is poised to cross the symbolic threshold of a billion interactions on Shibarium in less than 48 hours. This performance confirms the explosive growth of this crypto ecosystem and its establishment in Web3. This surge is explained by an explosion in daily registrations on the blockchain: +4000% in active users, according to the latest official data. Shibarium is on track to become one of the most dynamic crypto networks in the decentralized sphere. Developers are already working on the next evolution of Shibarium: the creation of a layer 3 roll-up hub. The goal? To allow external developers to create their own customized blockchains while using the BONE token as fuel for transactions. An advancement that could redefine Shiba Inu’s role in the Web3 infrastructure. On the market side, the SHIB token, a pillar of the ecosystem, remains strongly correlated to the activity on Shibarium. Despite the usual volatility for a memecoin, the crypto community continues to massively support the project. If the billion transactions act as a media catalyst, it could also strengthen the long-term adoption of SHIB. Often relegated to the status of a joke by traditional investors, Shiba Inu proves here that it can play in the big leagues. A few months ago, Shibarium was losing 96% of its transactions . And today, the network is close to the symbolic milestone of a billion transactions. This demonstrates the vitality of a project that, despite criticisms and obstacles, moves forward with determination in the crypto universe.

This is a strong gesture that marks the first 100 days of Donald Trump’s second term as President of the United States: the president has officially granted his presidential pardon to the three co-founders of the crypto exchange platform BitMEX — Arthur Hayes, Benjamin Delo, and Samuel Reed. Convicted in 2022 for violating the Bank Secrecy Act, the three crypto entrepreneurs had acknowledged that they neglected to implement effective anti-money laundering (AML) systems and customer identity verification ( KYC ). BitMEX was fined $100 million in January 2025 and placed on probation for two years. Donald Trump’s decision to wipe the criminal records of these iconic figures in the crypto sector is part of a broader strategy. Barely back in power, the Republican president is signaling support for the digital asset industry, breaking from the more restrictive approach of the Biden administration. However, Sam Bankman-Fried, former CEO of FTX sentenced to 25 years in prison for fraud, remains incarcerated despite his parents’ pleas for leniency and his own efforts in this regard. He has even been secretly transferred and placed in “isolation” after making shocking revelations to Tucker Carlson. This disparity in Donald Trump’s decisions raises questions about the potential political motivations behind these acts of clemency. This gesture already provokes mixed reactions. For supporters of cryptocurrency, it is a clear signal of political support for entrepreneurs in the sector. Some see it as a desire to make the United States a global crypto hub by easing regulatory pressure on exchange platforms. But critics denounce a form of impunity, highlighting that the offenses committed by the founders of BitMEX — Arthur Hayes, Benjamin Delo, and Samuel Reed, jeopardized the financial integrity of the system. This pardon from Donald Trump, although legal, could undermine the credibility of regulatory efforts in decentralized finance. With this new pardon, Donald Trump confirms his intention to rehabilitate key figures in the crypto sector. After having pardoned Ross Ulbricht, founder of Silk Road , it is now the turn of the BitMEX creators to benefit from his clemency. A strong message for a crypto-economy placed at the heart of his political agenda.