WAO ART

Bitstamp has partnered with Stripe to enhance crypto purchases in the EU. The collaboration enables consumers to buy cryptocurrencies like Bitcoin through Stripe's on-ramp solution. The initiative specifically targets users across the European Union for easier access to crypto.

The IMF urges El Salvador to improve Bitcoin transparency and address associated risks. While risks have not fully materialized, the IMF emphasizes the need for further efforts to ensure financial stability. El Salvador was the first country to adopt Bitcoin as legal currency in September 2021.

On Wednesday, Morgan Stanley lifted the gate on letting its roughly 15,000 investment advisors sell Bitcoin ETFs to clients. With trillions of dollars in portfolio holdings among the largest banks now in play, action in the Bitcoin ETFs is sure to get interesting.

Capula Management invests $464 million in top Bitcoin ETFs. The hedge fund holds 7,419,208 shares in BlackRock’s iShares Bitcoin Trust (IBIT), valued at approximately $253.3 million. Additionally, Capula owns 4,022,346 shares in Fidelity’s Wise Origin Bitcoin Fund (FBTC), worth around $211 million.

CoinDCX has launched a $5.9 million fund to safeguard customers against potential losses from security breaches. The initiative follows a significant $230 million hack at rival exchange WazirX. The fund is specifically designed to compensate users for losses during rare security incidents.

CySEC-regulated forex broker easyMarkets has expanded its service offering to target the growing opportunities in South Africa, one of the fastest growing and most vibrant regions in the world. EasyMarkets has secured a derivatives license issued by the Financial Sector Conduct Authority (FSCA).

Joby Aviation has submitted an application for aircraft certification in Australia. The application is directed to Australia’s Civil Aviation Safety Authority. This certification seeks validation of an existing FAA type certification. The goal is to introduce quiet, emissions-free air taxis.