Alex Dovbnya

Strategy has performed its first major Bitcoin sale. According to a recent form filed with the Securities and Exchange Commission (SEC), Michael Saylor’s firm sold a total of 3,588 BTC for roughly $216 million. The proceeds will fund dividend distributions on the company's preferred stock. As of today, it continues to hold a staggering 843,775 BTC in its cryptocurrency reserves  and $2.55 billion in its fiat USD reserves.

Enterprise blockchain solutions firm Ripple has secured a Crypto Asset Service Provider (CASP) license from Luxembourg. Ripple initially obtained a full Electronic Money Institution (EMI) license in the small European country in February. This was then followed by a preliminary "green light" letter for the CASP license in June. The approval is undoubtedly significant for Ripple now that the EU has switched to its post-transitional MiCA regulatory architecture.