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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.

Crypto

White House crypto negotiator delays military training to focus on CLARITY Act

Patrick Witt, the White House official leading negotiations on U.S. cryptocurrency policy, has postponed a military training commitment scheduled for late July to stay and finish work on the CLARITY Act as it moves to the Senate, Cointelegraph reported. Witt said the training was delayed. The bill seeks to create the first comprehensive regulatory framework for the U.S. crypto market and faces an Aug. 8 deadline before the Senate recess.

Mobility

Honda, Tesla and Volkswagen join EV discontinuation rush in U.S.

Honda has officially confirmed it will end production of the Prologue, its last all-electric model sold in the United States. The move comes as the U.S. EV market faces slowing growth and policy changes, prompting major automakers to scale back EV lineups. Second-quarter U.S. EV sales totalled 247,226 vehicles, or 5.8 percent of new-vehicle sales, data showed. Other automakers have also halted or reduced EV models.