Search results for Gracy Chen
Crypto
Bitget considers entering licensed crypto business in Bhutan
Cryptocurrency exchange Bitget has signed an agreement with authorities in Bhutan’s Gelephu Mindfulness City and is reviewing a move into locally licensed operations. Cointelegraph reported that Bitget plans to explore whether it can run under a local licence to secure a foothold in Bhutan’s digital asset industry. The agreement allows Bitget to build a legal operating base in the city and prepare applications for related financial services licences.
Crypto
Bitcoin loss zone exceeds 8 million BTC as crypto selloff spreads to Ethereum, XRP
More than 8 million bitcoin are now held at a loss, while profitability indicators for Ethereum and XRP have also deteriorated, adding to a broader market slide. On-chain data cited in the report show a sharp drop in the share of tokens in strong profit. XRP metrics weakened further, with realised profit lagging losses and network fees falling sharply from 2025 levels. Market sentiment remains bearish, with bitcoin down over the past day.
Finance
Bitget launches Scan to Pay in emerging markets to expand stablecoin payments
Cryptocurrency exchange Bitget has launched a USDT-based QR payment feature, Scan to Pay, targeting emerging markets. The service will be offered first in some markets in Southeast Asia and Latin America and can process payments by linking to existing local payment networks without changing merchant systems. Users set a payment password and scan a merchant QR code. Bitget says the feature reflects a shift toward real-world crypto payments and highlights demand for accessible financial tools.
