Deutsche Bank, Standard Chartered Plan U.S. Crypto Entry

Monicah W

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A group of banks, led by Deutsche Bank from Germany and Standard Chartered from the UK, is exploring the possibility of expanding their cryptocurrency operations into the U.S. This move, reported by The Wall Street Journal, highlights the growing interest among major financial institutions in the U.S. crypto space. While the exact plans are still under consideration, the expansion would mark a significant shift for these global banks into the rapidly evolving digital asset market.

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Breaking: XRP ETF Approved, But it’s Not Spot ETF

XRP Price Analysis

The post Breaking: XRP ETF Approved, But it’s Not Spot ETF appeared first on Coinpedia Fintech News

The U.S. Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, launched by ProShares. This ETF is expected to go live on April 30th, 2025. While it’s not a spot ETF — which tracks the actual price of XRP — it’s still a huge step forward for XRP’s recognition on Wall Street.

The ETF approval comes just a few years after Ripple, the company behind XRP, was locked in a long legal battle with the SEC. Now, XRP is moving from courtrooms to trading floors, joining the ranks of Bitcoin and Ethereum, which already have both futures and spot ETFs.

Some investors were unsure at first, asking, “Why futures and not spot?” But futures ETFs are often the first step. This was the path for Bitcoin and Ethereum, and experts believe a spot XRP ETF could be next. Futures trading allows big institutional investors to take positions on XRP, whether the market goes up or down — a common and healthy part of mature financial markets.

Experts called the approval a game-changer, pointing out that this move gives major players a way to legally and securely trade XRP.  And the good news doesn’t stop there. In Brazil, the XRP H11 ETF has just launched on the country’s main stock exchange, making it the first XRP-focused ETF in the world. This global momentum suggests XRP is no longer being left behind.

Just a few years ago, XRP was under heavy legal scrutiny. Now, it’s being listed on international exchanges, with regulated investment products opening the door for more adoption.

From being targeted by regulators to becoming a favorite of institutional investors — XRP is clearly turning the page.

The post Breaking: XRP ETF Approved, But it’s Not Spot ETF appeared first on Coinpedia Fintech News
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, launched by ProShares. This ETF is expected to go live on April 30th, 2025. While it’s not a spot ETF — which tracks the actual price of XRP — it’s still a huge step forward for XRP’s recognition on Wall Street. …

Hong Kong Set to Legalize Bitcoin and Crypto Derivatives Trading

Hong Kong Set to Legalize Bitcoin and Crypto Derivatives Trading

The post Hong Kong Set to Legalize Bitcoin and Crypto Derivatives Trading appeared first on Coinpedia Fintech News

Hong Kong’s financial regulators are moving to legalize trading in Bitcoin and crypto derivatives. This step aims to boost the city’s position as a major crypto hub and attract more investors. By creating clear rules and allowing these new financial products, Hong Kong hopes to provide safer, more transparent markets. The move reflects growing global acceptance of cryptocurrencies and could open the door for more innovation in the region’s financial sector.

The post Hong Kong Set to Legalize Bitcoin and Crypto Derivatives Trading appeared first on Coinpedia Fintech News
Hong Kong’s financial regulators are moving to legalize trading in Bitcoin and crypto derivatives. This step aims to boost the city’s position as a major crypto hub and attract more investors. By creating clear rules and allowing these new financial products, Hong Kong hopes to provide safer, more transparent markets. The move reflects growing global …

Panama City to Adopt Bitcoin Reserve Like El Salvador— Hints Mayor Mizrachi

Panama City to Adopt Bitcoin Reserve Like El Salvador— Hints Mayor Mizrachi

The post Panama City to Adopt Bitcoin Reserve Like El Salvador— Hints Mayor Mizrachi appeared first on Coinpedia Fintech News

Panama City could be on track to become Central America’s next Bitcoin hotspot after Mayor Mayer Mizrachi teased the creation of a city-level Bitcoin reserve. His cryptic hint came right after a high-profile meeting with El Salvador’s leading crypto strategists.

A Cryptic Clue Sparks Excitement

Mayor Mizrachi posted the words “Bitcoin Reserve” on X shortly after meeting with El Salvador’s Bitcoin policy leaders, Max Keiser and Stacy Herbert. The post, just 11 days ahead of his scheduled speech at Bitcoin 2025 in Las Vegas, has stirred speculation across the crypto community.

While no official details have been disclosed, the timing and tone hint at major developments—perhaps even Panama City mirroring El Salvador’s national Bitcoin reserve, which now holds 6,179 BTC worth nearly $640 million.

Crypto Payments Pave the Way

Panama City is already moving toward crypto adoption. A recently approved measure may soon allow Bitcoin, Ethereum, Tether (USDT), and USDC to be used for public payments—including taxes and municipal fees—pending the implementation of crypto-to-fiat conversion systems.

Although establishing a city-level reserve is possible, a federal-level Bitcoin reserve would require legislation by the National Assembly, which Mizrachi has not yet formally initiated.

Sustainable Bitcoin Mining & Crypto Education Ahead

As per Max Keiser’s post, they discussed using Panama’s hydroelectric energy for sustainable Bitcoin mining—similar to how El Salvador leverages geothermal power. This could help Panama position itself as a green crypto-mining hub.

In a notable educational initiative, Herbert confirmed that Panama City will adopt El Salvador’s “What is Money?” financial literacy textbook in its online library—marking a deeper collaboration between the two nations.

Conclusion

Mayor Mizrachi appears bullish on the idea of a Bitcoin reserve, but more clarity is expected once he consults with national lawmakers. With El Salvador recently facing IMF tensions over its Bitcoin policy, Panama may tread cautiously.However, with the Bitcoin 2025 Conference just around the corner and Mizrachi set to speak, the crypto world is watching closely

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The post Panama City to Adopt Bitcoin Reserve Like El Salvador— Hints Mayor Mizrachi appeared first on Coinpedia Fintech News
Panama City could be on track to become Central America’s next Bitcoin hotspot after Mayor Mayer Mizrachi teased the creation of a city-level Bitcoin reserve. His cryptic hint came right after a high-profile meeting with El Salvador’s leading crypto strategists. A Cryptic Clue Sparks Excitement Mayor Mizrachi posted the words “Bitcoin Reserve” on X shortly …