News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Morning Brief (October 22) | Japan’s Financial Services Agency Explores Allowing Banks to Hold and Trade Cryptocurrencies; Tether’s USDT Users Surpass 500 Million2Crypto Market Prediction: XRP Switches From Bullish to Bearish, Shiba Inu's (SHIB) Evil Zero Is Back, Who Pushed Bitcoin (BTC) Down From $110,000?3Ethereum ETFs lose $145 million as investors await inflation data
Flash
- 13:13Revolut approved to operate digital banking business in MexicoOn October 22, according to Crowdfundinsider, digital bank Revolut announced that it has received final authorization from the National Banking and Securities Commission (CNBV) of Mexico and approval from the Central Bank of Mexico to operate as a multiple banking institution in Mexico. This is the final regulatory step required before the company can open its banking services to the public. Revolut has become the first independent digital bank to directly apply for and complete the full licensing and approval process from scratch in Mexico. The company is currently preparing to launch products to Mexican consumers who have already registered on the waiting list. As a fully regulated bank, Revolut can offer a range of financial services, including deposit insurance covered by IPAB (the deposit protection agency), with coverage up to approximately 3.4 million Mexican pesos.
- 13:11Laser Digital, the digital asset platform under Japan's largest asset management company Nomura Group, launches tokenized fund on Sei NetworkChainCatcher news, on-chain compliant Real World Asset (RWA) infrastructure KAIO announced that its tokenized fund products have been further expanded, with the Laser Carry Fund (LCF) officially launched on the Sei network. LCF is managed by Laser Digital, the digital asset platform under Nomura Holdings. By capturing opportunities in interest rate differentials and staking yields, it aims to achieve stable returns while maintaining a market-neutral strategy. This launch leverages Sei network’s high-speed, scalable, and DeFi-optimized architecture, which will significantly enhance institutional investors’ accessibility and capital operation efficiency. LCF belongs to Laser Digital Funds SPC, registered with the Cayman Islands Monetary Authority (CIMA), and is one of the first funds tokenized on Sei through KAIO’s multi-manager framework.
- 13:11Payment company Modern Treasury acquires stablecoin startup Beam for $40 millionChainCatcher news, according to Fortune, payment company Modern Treasury announced the acquisition of stablecoin startup Beam for $40 million. According to a person familiar with the matter, this acquisition is an all-stock deal. Beam was founded in 2022 and provides software for banks and other enterprises to send and receive stablecoins (cryptocurrencies pegged to underlying assets such as the US dollar).