News linked to both this project and an event.
According to Bitcoin Magazine, the head of Coinbase Canada stated that the company is pushing to expand its business footprint in Canada, with the goal of building an "all-in-one exchange" covering crypto assets, tokenized stocks, and prediction markets. The plan aims to leverage blockchain technology to provide a more efficient, 24/7 trading experience. Currently, Coinbase is coordinating with Canadian regulators regarding the launch of related products.
According to Bitcoin Magazine, Tether plans to natively issue USDT on the Bitcoin network via the RGB protocol, with UTEXO leading the commercial deployment. The solution combines the Bitcoin UTXO model with the Lightning Network, supporting sending and receiving USDT on Bitcoin addresses as well as private, instant settlement, aiming to enhance privacy, reduce transfer and exchange costs, and decrease reliance on intermediate service providers. The report indicates that the product is expected to launch within the next few weeks, or in July.
according to Bitcoin Magazine, Charles Schwab has launched 24/7 crypto futures trading services. The designated crypto futures products currently available for trading include those related to Bitcoin, ETH, Solana, and XRP.
According to Bitcoin Magazine, Block’s payment platform Square has enabled Bitcoin payments by default for approximately one million U.S. merchants. Eligible merchants can accept BTC payments via the Lightning Network, with the system converting payments to U.S. dollars nearly in real time in the background—settling transactions in USD by default to mitigate exchange-rate volatility risk. This automatic rollout began on March 30, reaching a peak rate of one new merchant enabling the feature every eight seconds. Block also stated it is advancing tap-to-pay Bitcoin functionality leveraging NFC and the Lightning Network, and continues expanding Bitcoin payment and self-custody-related products across its ecosystem.
According to Bitcoin Magazine, David Marcus, former PayPal president and CEO of Lightspark, announced the launch of a new Bitcoin wallet that supports AI agents for purchasing BTC and sending/receiving funds.