The Federal Reserve held interest rates steady Wednesday, brushing aside public pressure from President Donald Trump and signaling a cautious stance as economic crosscurrents persist. FOMC Holds the Line on Rates The Federal Open Market Committee voted to keep the federal funds rate in a target range of 3.50% to 3.75%, opting for patience despite […]
Source: https://news.bitcoin.com/fomc-keeps-interest-rates-steady-ignoring-trumps-call-to-cut/
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
