PANews reported on October 1st that the Web3 Foundation (W3F) announced in its official blog that it will begin selectively participating in treasury proposal voting in Polkadot's OpenGov system. W3F stated that this move aims to contribute additional due diligence and transparency to treasury governance as the number and scale of proposals grow. Its main goals include: protecting treasury funds by voting against proposals with unclear milestones or value; strengthening community confidence through clear and consistent voting criteria; and acting as a counterweight to short-term or opportunistic proposals. The Web3 Foundation is committed to "radical transparency," providing public justification for every vote. Furthermore, the Foundation will recuse itself from any votes where it suspects a conflict of interest and will typically wait for initial community feedback before voting. Meanwhile, its "Decentralized Voices" initiative, which delegates voting power to community members, will continue to operate in parallel.PANews reported on October 1st that the Web3 Foundation (W3F) announced in its official blog that it will begin selectively participating in treasury proposal voting in Polkadot's OpenGov system. W3F stated that this move aims to contribute additional due diligence and transparency to treasury governance as the number and scale of proposals grow. Its main goals include: protecting treasury funds by voting against proposals with unclear milestones or value; strengthening community confidence through clear and consistent voting criteria; and acting as a counterweight to short-term or opportunistic proposals. The Web3 Foundation is committed to "radical transparency," providing public justification for every vote. Furthermore, the Foundation will recuse itself from any votes where it suspects a conflict of interest and will typically wait for initial community feedback before voting. Meanwhile, its "Decentralized Voices" initiative, which delegates voting power to community members, will continue to operate in parallel.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more