Italy's largest bank, Intesa Sanpaolo, disclosed an $18 million XRP position held through Grayscale's XRP trust, highlighting how regulated banks prefer traditional securities wrappers over direct crypto ownership due to regulatory, capital, and operational constraints. European banks' crypto exposure has more than doubled to $235 million, mostly in small, wrapped positions reflecting strategic experimentation rather than large-scale investment. This cautious approach, shaped by strict capital rules and supervisory frameworks, signals growing institutional interest but not yet broad adoption. The evolution of bank crypto holdings depends heavily on regulatory changes and improved product access, with future growth likely tied to easing capital requirements and expanded ETF availability.
Basel Medical Group Ltd announced it has regained compliance with Nasdaq's minimum bid price rule after its share price stayed at or above $1.00 for 10 consecutive business days ending July 7, 2026. The company was previously notified in January 2026...
The global wax market, valued at $11.26 billion in 2025, is projected to grow to $16.65 billion by 2035 at a CAGR of 3.99%. Growth is fueled by rising demand in packaging, cosmetics, candle making, adhesives, and industrial uses, with natural waxes l...
BingX, a major crypto exchange, introduced the BingX Visa Debit Card in partnership with Wirex, allowing users to spend digital assets globally through Visa's payment network. The card supports purchases, ATM withdrawals, and automatic currency conve...
Backpack has introduced the first-ever 24/7 trading platform for real U.S. equities, allowing international investors to buy and sell stocks like SpaceX, Micron, and SanDisk around the clock. Unlike synthetic derivatives, these are actual equities wi...
Independent proxy advisory firms, including ISS, recommend Equinox Gold shareholders vote in favor of the proposed merger with Orla Mining, which aims to create a leading North American gold producer. The combined company is expected to produce 1.1 m...
