Strike wins New York crypto and money licenses

Published at 2026-03-06 10:30:43

Strike announced it has secured licensing from the New York Department of Financial Services to offer a Bitcoin brokerage and money services in the state. New York users can now make one-off purchases, set up recurring Bitcoin buys, and elect to convert a portion of their paycheck into Bitcoin through Strike’s platform, services the company has been piloting elsewhere. The approvals give Strike a significant foothold in a jurisdiction known for strict crypto oversight, signaling regulatory acceptance that can boost consumer confidence. By integrating payroll conversions and automated purchases, Strike could broaden everyday BTC use and intensify competition among custodial and payroll-to-crypto providers, while operating under NYDFS supervision and compliance requirements.

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Pakistan has enacted the Virtual Assets Act 2026, designating PVARA as the national digital asset regulator and imposing mandatory licensing and penalties for noncompliant operators.

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Published at 2026-03-06 17:16:12

Crypto Market Holds $2T as U.S. Jobs Unexpectedly Drop 92K

U.S. payrolls unexpectedly declined by 92,000, yet crypto market capitalization remained around $2 trillion. The divergence highlights crypto's resilience and could alter near-term Fed expectations and investor positioning.

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Published at 2026-03-06 16:30:49

Ripple Director Highlights New UK Crypto Regulatory Milestone

Cassie Craddock, CEO and Managing Director of Ripple Labs UK, said on X on March 6, 2026 that Ripple has reached a new milestone in the region tied to its regulatory efforts. The company framed the development as part of its ongoing work as a crypto industry operator.

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Published at 2026-03-06 16:01:06

Trump Rejects Iran Deal, Demands Surrender; Oil Jumps as Bitcoin, Stocks Fall

Markets turned risk-off after President Trump rejected an Iran deal and demanded surrender, sending oil higher while Bitcoin and equities dipped. A muddier Fed outlook — with labor slowing even as inflation shows signs of worsening — added pressure on risk assets.

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Published at 2026-03-06 14:46:27

Morgan Stanley Files Amended SEC Registration for Spot Bitcoin ETF

Morgan Stanley filed an amended registration statement with the SEC on March 4, moving closer to launching a spot Bitcoin ETF. The update underscores ongoing institutional interest in regulated, direct BTC exposure but does not guarantee approval.