GM readers. Cryptocappy is back with the latest headlines from crypto. Let’s dive in.
Bitcoin ETFs Shatter Records, Surpass $41 Billion in Inflows💸
Bitcoin ETFs are on a winning streak! Since launching in January 2024, these funds have now pulled in over $41 billion—a massive turnaround after months of losses. Investors had backed out earlier this year due to trade war fears, especially during February and March, when uncertainty was at its peak. But now, with tariff tensions easing, money is flowing back into Bitcoin funds. The surge is fueled by new investors who previously couldn’t access crypto, finally getting a chance to buy in. Bitcoin itself dipped to $75K in April, down from $108K in January, but ETFs are seeing renewed demand.
India Ramps Up Crypto Surveillance in J&K Over Security Risks⚠️
Crypto exchanges in India have been asked to closely monitor transactions from Jammu & Kashmir and other border areas to curb illegal financial activity.
The Financial Intelligence Unit (FIU-IND) issued a directive urging platforms to flag transactions linked to private wallets—non-custodial tools allowing direct crypto transfers without oversight. Authorities worry these could be used to bypass banks and fund illegal activities. Given the long-standing India-Pakistan tensions over J&K, intelligence agencies are paying close attention to crypto’s role in cross-border transfers. The new rules go beyond routine checks, urging exchanges to prioritize border-region transactions, even if no suspicious signs are evident.
GFO-X Debuts as UK’s First Regulated Crypto Derivatives Exchange📊
The UK has welcomed GFO-X, its first regulated trading platform for Bitcoin futures and options. Institutional investors, including hedge funds, have been eager for a secure and compliant way to trade crypto. GFO-X, authorized by the Financial Conduct Authority (FCA), promises strict financial standards. The platform already saw its first institutional trade between Virtu Financial and IMC, showing strong market confidence. With 90% of institutions still unable to enter crypto due to regulations, GFO-X aims to bridge the gap. Expect significant growth in the second half of 2025.
MetaComp Unveils StableX, a Stablecoin-Powered FX Payment Platform🌏
Singapore’s MAS-licensed crypto platform, MetaComp, has introduced StableX, a stablecoin-powered cross-border FX payments platform designed for merchants, institutions, and fintech businesses. StableX offers fast, reliable, and cost-efficient foreign exchange access, currently supporting Tether (USDT) and USD Coin (USDC). Plans are underway to add FDUSD, PYUSD, and WUSD. The platform will expand to 31 major currencies, ensuring strong liquidity and regulatory compliance as global payment operations scale.
FalconX Teams Up with Standard Chartered to Serve Institutional Crypto Investors💰
Crypto prime broker FalconX has partnered with Standard Chartered to provide secure banking and forex solutions for institutional investors. The collaboration kicks off in Singapore, with plans to expand across Asia, the Middle East, and the U.S., supporting major financial players like asset managers, hedge funds, and sovereign wealth funds. FalconX will leverage Standard Chartered’s banking network to speed up fiat settlements, improve capital efficiency, and lower operational risks for its clients.
Thailand Rolls Out $150M Digital Bond Tokens for Retail Investors💼
Thailand is launching $150 million worth of digital investment tokens, allowing everyday investors to buy government-backed bonds via blockchain—a first for the country. Known as G-tokens, these assets aim to make bond investing more accessible, especially as bank interest rates remain low. Unlike cryptocurrencies, G-tokens will be tradable on licensed Thai exchanges, though non-Thai residents won’t have access. The move is part of Thailand’s broader push to modernize capital markets, following plans for institutional tokenized securities trading earlier this year.
Robinhood Expands into Canada with $179M WonderFi Acquisition📈
Robinhood is making its Canadian debut with the $179 million all-cash purchase of WonderFi, a crypto firm backed by Shark Tank’s Kevin O’Leary. The deal gives Robinhood control of Bitbuy and Coinsquare, two major Canadian exchanges, strengthening its global presence. Previously focused on Europe, Robinhood now aims to tap into Canada’s growing crypto market, where WonderFi holds $2.1 billion in assets. Analysts predict this move could bring Robinhood $250M in annual revenue, while its $200M Bitstamp acquisition further expands its international reach.
That’s a wrap for today. Catch you tomorrow with more updates. Have a great day!
