Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most…

BlackRock’s market-dominating spot Bitcoin exchange-traded fund may get bigger after the US Securities and Exchange Commission increased position limits for many Bitcoin funds, according to crypto financial services firm NYDIG. The SEC on Tuesday increased the number of allowed options contracts from 25,000 to 250,000 “for all ETFs with options,” which includes the iShares Bitcoin Trust ETF…

The US Commodity Futures Trading Commission has launched a “crypto sprint” to begin implementing crypto-related recommendations the Trump administration released on Wednesday. CFTC Acting Chair Caroline Pham said on Friday that the agency would “work closely” with Securities and Exchange Commission Chair Paul Atkins and Commissioner Hester Peirce on its “Project Crypto” initiative announced on Thursday. “The CFTC…