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FTX says Backpack acquisition of EU arm has not been approved by court

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FTX says that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.

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Coin Market

SBI eyes Bitbank deal as Japan’s crypto exchange market consolidates

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SBI Holdings is in discussions to make Bitbank a subsidiary, adding to its push to acquire crypto exchanges amid improving regulatory clarity in Japan.

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Coin Market

Brazil bars crypto settlement in regulated cross-border payment rails

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Brazil’s central bank barred virtual assets from settlement inside regulated eFX payment rails as it tightens oversight of crypto-linked flows.

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Coin Market

Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high

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Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with a trip back to record highs.

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