1h ago
Bitcoin Suisse affiliate gains Bermuda Class F DABA license and Class B IBA registration
On May 12, 2026, Bitcoin Suisse said its affiliate Bitcoin Suisse (International) Ltd. received a Class F license under Bermuda's Digital Asset Business Act and Class B registration under the Investment Business Act 2003. The Bermuda Monetary Authority's pre-operational approvals would allow the Bermuda-based entity to offer regulated digital asset asset management and investment advisory services to professional and institutional clients once customary conditions are met.
BTC
BTC-1.45%
1h ago
1h ago
S&P 500 tops 7,400 on Monday amid U.S.-Iran war as AI and oil insulation support gains
The S&P 500 closed above 7,400 on Monday for the first time, returning to record highs even as the U.S.-Iran war continues into its third month and oil prices remain elevated. The index has rebounded about 17% from around 6,300 in a little over a month, supported by limited margin exposure to energy, strong profit concentration in big tech tied to AI, and a U.S. economy that is less oil-dependent than in past crises.
1h ago
2h ago
CFTC Chair Michael S. Selig details SEC coordination on crypto oversight on May 12, 2026
WASHINGTON, May 12, 2026 — CFTC Chairman Michael S. Selig said the agency is working more closely with the U.S. Securities and Exchange Commission to better align oversight, rulemaking and enforcement across securities and derivatives markets, including digital assets. He said the agencies have entered a memorandum of understanding and started joint efforts such as a harmonization initiative, participation in the SEC's Project Crypto, and work on a "common-sense" crypto asset taxonomy.
2h ago
3h ago
Elliptic Raises $120 Million Series D Led by One Peak, Valued at $670 Million
On May 12, 2026, Elliptic announced it raised $120 million in a Series D round led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank and the British Business Bank. The company said the financing values Elliptic at $670 million and will fund expansion of its blockchain analytics and compliance infrastructure for banks, fintechs, government agencies, exchanges and payments firms.
3h ago
3h ago
Michael Saylor Links CLARITY Act to BTC, STRC and MSTR Market Expansion Plans
On May 12, Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor said the CLARITY Act could broaden institutional participation in bitcoin-related markets by clarifying U.S. rules around custody, collateral, and digital-asset exposure. He described Strategy’s framework as BTC as “digital capital,” STRC as “digital credit,” and MSTR as “digital equity,” arguing that regulated digital-yield infrastructure could support demand for STRC, MSTR and bitcoin-linked securities.
BTC
BTC-1.45%
3h ago