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Crypto

Bitget registers as financial service provider to expand New Zealand business

Cryptocurrency exchange Bitget has registered as a financial service provider with New Zealand’s Financial Service Providers Register (FSPR). The registration allows Bitget to expand services in New Zealand, including foreign exchange conversion, domestic and international remittances, custody of client assets, and portfolio and fund management. Bitget has been widening licences and registrations in various countries. It has also announced plans for a European headquarters in Vienna and appointed Oliver Stauber as Bitget EU chief executive.

Transportation & Mobility

Uber to buy Delivery Hero for 22 trillion won, bringing Baemin under its wing

Uber will acquire Germany-based delivery platform Delivery Hero for about $14.8 billion, bringing Woowa Brothers, operator of Baedal Minjok, under Uber. Uber will pay 41.5 euros per share in cash through a tender offer, valuing the company at about $14.8 billion. Excluding Uber’s existing stake, the purchase is about $13.7 billion. The deal is expected to close in the second half of 2027 after regulatory reviews.

Crypto

Binance to distribute $800,000 worth of XRP in rewards campaign with strict KYC, volume and residency criteria

Binance has launched an XRP rewards campaign worth a total of $800,000, but participation is limited to users who meet strict criteria including residency, customer identity verification and trading requirements. Eligible users must hold at least 0.01 RLUSD in certain accounts and post average daily trading volume of at least $500 on margin or futures, using RLUSD as collateral. Rewards are calculated using the day’s lowest balance and can be reduced for funds converted from borrowed stablecoins.