Crypto news was dense this week. GameStop transferred all 4,710 Bitcoin (worth ~$420M) to Coinbase Prime, sparking speculation about the firm's treasury strategy. Blockchain analytics firm CryptoQuant first flagged the wallet movement, later confirmed by Arkham Intelligence, leading observers to believe the video game retailer may be abandoning its Bitcoin reserve policy.
US Senate Democrats Propose Crypto Bill Changes
Several Senate Democrats involved in crypto market structure negotiations filed amendment requests Friday, demanding inclusion of their core policy priorities. The proposed changes target the draft legislation advanced by Republicans on the Senate Agriculture Committee. The outcome may shape the future regulatory framework for digital assets in the U.S.
UK FCA Issues Final Consultation on Crypto Firm Regulation
The Financial Conduct Authority (FCA) reached the final consultation phase Friday, publishing guidance on consumer duty application in the crypto sector. The FCA set a March 12 deadline for industry feedback on additional rules and consumer duty implementation, aiming to open the crypto asset permissions gateway in September 2026.
Changpeng Zhao Predicts Bitcoin Cycle Disruption
Binance co-founder Changpeng Zhao (CZ) said Friday that increasingly crypto-friendly policies from the U.S. and other nations will break Bitcoin's traditional four-year cycle this year. On CNBC's Squawk Box, he noted that while short-term price predictions are impossible, the five- to ten-year horizon clearly points upward.
UBS Opens Crypto Investing to Private Clients
Swiss banking giant UBS Group will enable cryptocurrency investing for select private banking clients, sources familiar said. As the world's largest wealth manager with ~$4.7 trillion in assets, UBS will offer access to high-net-worth and ultra-high-net-worth individuals.
Revolut Pursues De Novo US Banking Charter
London-based fintech Revolut is preparing to apply for a de novo national banking charter in the U.S., abandoning previous acquisition strategies, according to the Financial Times. The company determined that acquiring an existing lender posed major hurdles, including potential obligations to maintain physical branches.
Binance Applies for Greek MiCA License
Binance has submitted a Markets in Crypto-Assets Regulation (MiCA) license application to Greece's Hellenic Capital Market Commission (HCMC). EU rules require crypto-asset service providers to obtain authorization by July 1. Binance established a holding company in Greece in December 2025.
Ledger Targets NYSE Listing
French hardware crypto wallet maker Ledger plans an IPO on the New York Stock Exchange this year, targeting a valuation exceeding $4 billion, per the Financial Times. Goldman Sachs, Jefferies, and Barclays will facilitate the offering.
BitGo Completes NYSE Debut
Digital asset infrastructure firm BitGo rang the NYSE opening bell Thursday. Class A common stock priced at $18 per share (above the expected $15-17 range), with 111,821,595 shares raising ~$213 million at a nearly $2 billion valuation.
Hong Kong Announces Stablecoin Licensing Timeline
Financial Secretary Paul Chan told WEF attendees in Davos that Hong Kong will issue the first stablecoin provider licenses in Q1 2026. These will be the first since the city's new stablecoin regime took effect on August 1, 2025.
Solana Mobile Launches SKR Token Airdrop
Solana Mobile began distributing its native token SKR on Tuesday, allowing Seeker phone users and active dApp participants to claim. Over 100,000 eligible users can participate in the mobile-focused blockchain ecosystem airdrop. The company stated that Seeker and SKR represent a bet that network users should own the network.
Pump.fun Establishes Investment Division
Meme coin launchpad Pump.fun launched Pump Fund, a new investment arm dedicated to supporting startup projects within its ecosystem. The fund aims to advance the startup ecosystem by aligning with projects long-term.