October 29th, 2025
FTX takes another step towards its ultimate goal of becoming the ‘everything exchange’ by offering stock trading to its US clientele.
Besides Coinbase Global Inc, a host of other stocks in the US that are connected to the crypto economy, are largely suffering the same faith as it relates to stock devaluation.
According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network.
FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months.
FTX US revealed its application for a trust charter along with announcing the appointment of a new Chief Compliance Officer (CCO). Marissa MacDonald, experienced compliance professional from Fidelity Investments Inc, will be in charge of the licensed trust.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.
Banking giant Goldman Sachs said that decision to offer Bitcoin-backed loans to clients because of its structure and 24-hour risk management, makes the deal interesting.
The CFTC is looking to discuss and decide on a direct clearing proposal from FTX.US. However, the CME wants to be part of the decision.
Regulatory clarity is one factor that prompted Kraken to expand into the UAE.
According to the whitepaper, the government will collaborate with the Central bank of the Bahamas and the private sector to reach the set goals.
According to the report, Goldman Sachs promised to render assistance to FTX in reducing the negative effect of regulations in the United States.
Forbes notes that the initial NFT sale will involve 100 Virtual NFT Billionaires. Later, NFT enthusiasts can access them on any ERC-721 Marketplace.
Since facing regulatory challenges in China, the US, and the UK, Binance has taken active steps to comply with local regulatory bodies while it continues its mission to expand its activities in the world.
Changpeng Zhao ranks 20th on the list with $65 billion. This makes him the wealthiest in the $2 trillion crypto industry.
The two players will work together in building a market structure for crypto securities that are in compliance with the regulatory framework.