Bridgers

**Bridgers now supports BTC cross-chain transfers**, allowing users to move Bitcoin between different blockchain networks. **How it works:** - Connect your wallet to [Bridgers dApp](http://dapp.bridgers.xyz) - Select your transfer route - Set the amount - Authorize the transaction The platform operates in the background to facilitate Bitcoin transfers across chains. Bridgers aggregates liquidity across multiple ecosystems to calculate optimal execution paths for cross-chain transactions, eliminating the need for multiple protocols.

**Hong Kong's regulatory milestone approaches** The Hong Kong Monetary Authority (HKMA) is preparing to issue its first stablecoin licenses this March, marking a significant step in Asia's digital asset regulation. **Key details:** - HSBC and Standard Chartered are expected to be among the first license recipients - The framework emphasizes risk controls, compliance, and cross-border treatment - This follows HKMA's February announcement of the licensing timeline **Market implications:** As Asian financial hubs establish regulated infrastructure for digital currencies, institutional demand for compliant on-chain liquidity and credit solutions is increasing. The licensing framework positions Hong Kong as a leader in stablecoin regulation within the region. This development represents a concrete step toward mainstream adoption of regulated digital assets in traditional finance.

Citibank is building infrastructure to bring Bitcoin into traditional finance, according to Nisha Surendran, Head of Digital Asset Custody Development. **Key Features:** - Institutional-grade custody solutions - Advanced key management systems - Wallet services for digital assets - Unified reporting, tax, and compliance pipelines The move signals major banks are creating the rails needed for institutional crypto adoption, focusing on security and regulatory compliance rather than speculation.

Meta is preparing to re-enter the stablecoin space in the second half of this year, according to sources familiar with the matter. **Key developments:** - The company plans to integrate third-party stablecoin vendors for payment services - A new digital wallet is in development to support these transactions - This marks Meta's return to crypto payments after the shutdown of its Diem project The move comes as traditional finance companies increase their crypto involvement. Mastercard is reportedly in talks to acquire crypto firm Zero Hash for $2 billion to enable round-the-clock stablecoin settlement services. Meta's approach differs from its previous attempt by partnering with existing stablecoin providers rather than creating its own currency.

**BlackRock's iShares has submitted an amended S-1 filing** with the SEC for its iShares Staked Ethereum Trust ETF (ETHB), seeking to list the product on Nasdaq. **Key Details:** - The filing represents a step forward in BlackRock's efforts to launch a staked Ethereum ETF product - This follows BlackRock's previous 19b-4 filing with Nasdaq in 2023, which recorded rule changes for listing the iShares Ethereum Trust - The amended filing indicates ongoing regulatory progress for institutional Ethereum investment products **What This Means:** The move signals continued institutional interest in Ethereum-based investment vehicles. If approved, ETHB would allow investors to gain exposure to staked Ethereum through a traditional ETF structure. The filing comes as major asset managers expand their cryptocurrency product offerings following the approval of spot Bitcoin ETFs.

**Ethereum's Fusaka upgrade activated** at epoch 411,392, delivering major scalability improvements: - **PeerDAS introduced** - enables 8x higher rollup data throughput - **R1 curve + pre-confirmation mechanism** for better user experience - **Nodes process partial L2 data** - unlocks future gas limit increases - **Removes outdated components** - stronger DoS resistance - **Marks shift to twice-yearly hard forks** for faster evolution **Prediction markets expand** but face scrutiny: - Polymarket re-opens U.S. access for waitlisted users - Fanatics & Crypto.com launching sports prediction markets - Connecticut regulators accuse platforms of unauthorized sports betting **UK grants digital assets legal property status** - one of the most definitive global moves toward crypto legal clarity. **SEC blocks ultra-leveraged ETF launches** - warns 9 issuers to halt 3x-5x exposure plans or withdraw filings. **Solana Mobile reveals SKR tokenomics** for upcoming Seeker smartphone ecosystem with 10B total supply.

**MON token is now available on BRIDGERS**, joining the platform's growing ecosystem of cross-chain assets. **Key Features:** - Non-custodial execution through smart contracts - Aggregated liquidity across multiple chains - User-authorized transactions only BRIDGERS continues expanding its token support, having recently added BELG and AIRCOIN. The platform allows users to route assets across chains while maintaining full control of their wallets. **How it works:** - Users authorize transactions - BRIDGERS finds optimal routes - Smart contracts execute securely Access the platform at [dapp.bridgers.xyz](http://dapp.bridgers.xyz)

**SEC Chairman Paul Atkins** announced the agency has sufficient authority to advance crypto regulatory rules and plans to introduce **innovation-exemption provisions** within approximately one month. This development follows previous statements where Atkins indicated the SEC would push forward with innovation exemptions by late 2025 to early 2026. The accelerated timeline suggests **faster regulatory clarity** for the crypto industry. Key implications: - **Clearer regulatory framework** for crypto innovation - Potential to bring crypto innovation back to U.S. markets - **Reduced regulatory uncertainty** for crypto companies The announcement comes as Congress advances related legislation including the GENIUS Act on stablecoins and market structure reforms.

**China's central bank has officially classified stablecoins as virtual currency** - neither banned goods nor legal tender. This regulatory clarification creates a middle ground for digital assets in the world's second-largest economy. **Key developments:** - Stablecoins receive virtual currency designation - Commercial and settlement activities face increased supervision - Market participants must navigate stricter oversight requirements **The regulatory framework establishes clear boundaries** while avoiding an outright ban. Chinese officials emphasized that virtual currencies lack the legal status of fiat money during recent inter-agency meetings. **Market impact appears measured** as participants adjust to the new supervisory environment. The classification provides regulatory clarity while maintaining government control over digital asset activities. This measured approach reflects China's ongoing effort to balance innovation with financial stability concerns.

Users continue experiencing delays with cross-chain transfers, prompting recommendations for alternative bridging solutions. **Key Points:** - Repeated messaging suggests ongoing issues with current bridge performance - Bridgers platform positioned as faster alternative at [dapp.bridgers.xyz](http://dapp.bridgers.xyz) - Cross-chain transfer delays remain persistent problem in DeFi space The messaging pattern indicates **systematic delays** affecting users across different dates, highlighting infrastructure challenges in cross-chain operations.