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The firm said the move strengthens its commitment to long-term HODLers and wealth builders through white-glove customer care and tailored products.

Speculation on social media had suggested that the Saudi royal family was considering investing in cryptocurrencies.

Institutions are fueling demand for regulated derivatives offerings and it’s up to the crypto industry to deliver the trust factors that these companies require, avoiding the mistakes of the last cycle, says Bobby Zagotta, CEO of Bitstamp US.

With Solana's price soaring by 170% over the last 12 months, it's no surprise to anyone that cryptocurrency investors are incredibly bullish about the future of the coin. Furthermore, the Securities and Exchange Commission is set to decide whether to approve a Solana exchange-traded fund (ETF) by March of this year.

DeFi protocol Hermetica said the liquidity will make USDh the largest stablecoin on Stacks

"Finally, Ross is free," said Paolo Ardoino, the CEO of stablecoin issuer Tether.

Hong Kong’s Legislative Council has convened to discuss the proposed "Stablecoins Bill," marking a significant step in the region's efforts to regulate crypto.