Recent Articles from BreakingCrypto

October 29, 2025 – In a monumental achievement today, October 29, 2025, artificial intelligence (AI) chip giant Nvidia (NASDAQ: NVDA) officially reached an astounding $5 trillion market capitalization. This historic milestone, driven by insatiable demand for its cutting-edge AI chips and a series of strategic announcements at the GTC DC event, has sent palpable ripples [...]

Washington D.C. finds itself at the epicenter of a burgeoning political storm, as a coalition of Democratic Senators has launched a formal inquiry into former President Donald Trump's recent pardon of Binance founder Changpeng "CZ" Zhao. The senators, led by Elizabeth Warren, sent a letter to U.S. Attorney General Pam Bondi and Treasury Secretary Scott [...]

Las Vegas, NV – October 29, 2025 – In a monumental move set to redefine the landscape of global payments, financial titan Citi (NYSE: C) and leading cryptocurrency exchange Coinbase (NASDAQ: COIN) have officially announced a strategic partnership aimed at integrating stablecoin payment capabilities directly into traditional banking infrastructure for Citi's vast institutional client base. [...]

Singapore/New York – October 29, 2025 – In a landmark development signaling a new era for institutional engagement with digital assets, DBS Group Holdings Ltd. (SGX: D05) and The Goldman Sachs Group, Inc. (NYSE: GS) successfully completed the first-ever interbank over-the-counter (OTC) cash-settled Bitcoin (BTC) and Ether (ETH) options trade on October 28, 2025. The [...]

REDMOND, WA – October 29, 2025 – In a pivotal moment for cybersecurity and the burgeoning field of blockchain forensics, Microsoft (NASDAQ: MSFT) has successfully executed its first civil enforcement action directly leveraging cryptocurrency tracing and blockchain evidence against a major cybercriminal operation. In mid-September 2025, the tech giant’s Digital Crimes Unit (DCU), in collaboration [...]

WASHINGTON D.C. – October 29, 2025 – Senator Elizabeth Warren (D-MA) has once again escalated her warnings regarding the perilous integration of private equity and volatile cryptocurrencies into American workers' 401(k) retirement plans. Her most recent and urgent caution, highlighted as recently as October 28, 2025, comes in direct response to recent executive actions by [...]

In a significant leap for decentralized finance, JEX AI, operating under JEX INVEST LIMITED, has officially launched its innovative DeFi protocol around October 28-29, 2025. This groundbreaking platform is set to revolutionize how cryptocurrency investors interact with the burgeoning artificial intelligence sector by connecting stablecoin liquidity directly to real-world NVIDIA (NASDAQ: NVDA) AI GPUs. The [...]

In late May 2019, a high-profile geopolitical event unfolded as then-U.S. President Donald Trump embarked on a State Visit to Tokyo, Japan, from May 25th to May 28th. This diplomatic engagement, a significant occasion for international relations, saw President Trump meet with newly enthroned Emperor Naruhito and Prime Minister Shinzo Abe. While such visits typically [...]

As 2025 draws to a close, the cryptocurrency market finds itself at a pivotal juncture, navigating a complex interplay of cautious optimism, recent volatility, and underlying bullish drivers. While a significant market correction in early October briefly sent jitters through the ecosystem, a rapid recovery and sustained institutional interest have largely restored confidence, pointing towards [...]

President Donald Trump's administration has aggressively pursued a pro-cryptocurrency agenda throughout 2025, culminating in a series of executive orders designed to cement the United States' position as a global leader in digital assets. While these moves have been met with widespread enthusiasm from the crypto community, a recent executive order, "Democratizing Access to Alternative Assets [...]

Following a pivotal hypothetical Federal Reserve announcement in late October 2025, which saw the central bank opt to maintain or even slightly lower benchmark interest rates, the cryptocurrency market is abuzz with renewed optimism. This dovish stance by the Fed signals a potential shift towards an accommodative monetary policy, injecting much-needed liquidity into the financial [...]

October 29, 2025 – The cryptocurrency market continues its dynamic evolution, with established giants like Binance Coin (BNB) and Ripple (XRP) showcasing distinct trajectories in an environment increasingly shaped by institutional interest, regulatory developments, and the constant emergence of new projects. As of late October 2025, BNB has solidified its position through ecosystem expansion and [...]

Once hailed as a global leader and an early adopter in the nascent cryptocurrency space, Japan's prominent role in the digital asset market has progressively waned. A stark illustration of this shift occurred in May 2019 when former U.S. President Donald Trump visited Tokyo. While high-profile international events often stir market sentiment, particularly in the [...]

New York, NY – October 29, 2025 – A groundbreaking research report from NYDIG, a leading Bitcoin (BTC) (NASDAQ: NYDIG) financial services firm, has sent ripples through the cryptocurrency world, challenging the long-held belief that Bitcoin primarily functions as an inflation hedge. Published and widely discussed around October 26-27, 2025, the research, spearheaded by NYDIG's [...]

October 29, 2025 – A pivotal moment for the Ethereum network is unfolding as the highly anticipated "Fusaka" upgrade has successfully gone live on the Hoodi testnet, marking the final testing phase before its monumental mainnet activation. Scheduled for December 3, 2025, Fusaka is poised to be one of Ethereum's most significant overhauls since "The [...]

October 2025, a month traditionally dubbed "Uptober" by the cryptocurrency community, was widely anticipated to deliver a bullish surge across digital asset markets. Instead, it delivered a brutal and unexpected downturn, transforming optimistic forecasts into a period of significant losses and widespread FUD (Fear, Uncertainty, Doubt). What began with high hopes for Bitcoin (BTC) breaking [...]

As financial markets brace for a pivotal moment, the cryptocurrency ecosystem is abuzz with anticipation surrounding the Federal Reserve's imminent interest rate decision. Today, October 29, 2025, the Federal Open Market Committee (FOMC) is widely expected to announce a 25-basis-point (bps) reduction in the federal funds rate, lowering it to a target range of 3.75%–4.00%. [...]

The cryptocurrency market in October 2025 finds itself at a pivotal juncture, characterized by a unique blend of cautious optimism, significant institutional maturation, and a palpable shift towards utility-driven innovation. Following a turbulent flash crash earlier in the month, investor confidence is steadily rebuilding, underpinned by a clearer regulatory landscape and the undeniable gravitational pull [...]

The cryptocurrency market in late 2025 finds itself at a pivotal juncture, marked by a global acceleration towards establishing clear, comprehensive regulatory frameworks. Gone are the days of predominantly "regulation-by-enforcement"; instead, major jurisdictions worldwide have moved to enact concrete legislation, aiming to balance the burgeoning innovation of digital assets with critical imperatives such as investor [...]

October 28, 2025 – The cryptocurrency ecosystem is currently experiencing an unprecedented surge in institutional demand, a trend that has been steadily building and accelerating throughout 2024 and 2025. This influx of traditional finance (TradFi) giants, corporate treasuries, and sophisticated investment vehicles marks a pivotal moment, fundamentally reshaping the digital asset landscape from a speculative [...]

October 28, 2025 – The cryptocurrency landscape is witnessing a significant shift as the Solana blockchain rapidly solidifies its position as a preferred platform for both burgeoning crypto initiatives and established financial institutions. Driven by its unparalleled speed, remarkably low transaction costs, inherent scalability, and a thriving developer ecosystem, Solana (SOL) is attracting substantial capital [...]

October 28, 2025 – The cryptocurrency landscape is witnessing a profound shift as traditional financial institutions (TradFi) increasingly embrace stablecoins, moving beyond mere exploration to active development and widespread adoption. This burgeoning trend, accelerating significantly since 2020, signals a pivotal moment for global finance, promising enhanced efficiency, reduced costs, and a modernized payment infrastructure. Recent [...]

As the cryptocurrency world hurtles towards 2026, a monumental shift is on the horizon: Western Union (NYSE: WU), a venerable titan in global money transfers, is poised to launch its U.S. Dollar Payment Token (USDPT) stablecoin on the high-performance Solana blockchain. This strategic move, anticipated in the first half of 2026, signals a profound acceleration [...]

Hong Kong, October 28, 2025 – In a significant move highlighting the accelerating trend of corporate adoption in the digital asset space, Prenetics Global Limited (NASDAQ: PRE), a leading global diagnostics and genetic testing company, today announced the successful closing of a $44.0 million equity offering. The capital infusion is earmarked for the global expansion [...]

New York, NY – October 28, 2025 – Today marks a pivotal moment in the digital asset landscape as Hedera's native token, HBAR, experienced a dramatic double-digit surge following the official launch of the Canary HBAR ETF (HBR) on Nasdaq. This groundbreaking spot Exchange-Traded Fund, offering direct exposure to the Hedera Hashgraph network's token, began [...]

October 28, 2025 – The cryptocurrency market is abuzz with speculation surrounding XRP, the digital asset developed by Ripple Labs. While a fervent segment of the community continues to champion the ambitious, albeit largely unrealistic, target of $500 per token, a sober analysis of market fundamentals, technical indicators, and regulatory developments paints a more grounded [...]

October 28, 2025 – In a move that sent shockwaves across the global cryptocurrency landscape, former President Donald Trump (NYSE: DJT) hypothetically issued a full presidential pardon to Changpeng Zhao (CZ), the former CEO of Binance, on [Hypothetical Date of Pardon - e.g., early October 2025]. This unprecedented clemency, occurring amidst a contentious political climate, [...]

Washington D.C. – October 28, 2025 – The Federal Reserve is actively exploring the creation of "skinny" master accounts for cryptocurrency banks and other fintech firms, a groundbreaking move that could fundamentally reshape the integration of digital assets into the national financial system. This significant development was formally proposed by Federal Reserve Governor Christopher Waller [...]

Buenos Aires, Argentina – October 28, 2025 – Latin America has officially emerged as the global leader in cryptocurrency adoption and growth, a groundbreaking development highlighted in the recently released "LATAM Crypto Regulation Report 2025" by Coinchange. The comprehensive study, published today, reveals that crypto usage in the region surged by an astonishing 63% year-over-year [...]

October 28, 2025 – The cryptocurrency world has been grappling with an unprecedented phenomenon: the extensive and rapidly expanding "global crypto empire" of the Trump family. What began with non-fungible token (NFT) collections in late 2022 has, by late 2024 and throughout 2025, blossomed into a multifaceted venture encompassing decentralized finance (DeFi) protocols and meme [...]

As October 2025 draws to a close, a striking divergence has characterized the global financial landscape: traditional U.S. stock markets are scaling new all-time highs, while the cryptocurrency market has been largely edging lower, grappling with significant volatility. This contrasting performance highlights the evolving sensitivities of these asset classes to macroeconomic factors, geopolitical events, and [...]

The ultraluxury real estate market is quietly undergoing a profound transformation, with cryptocurrency emerging as a preferred medium for high-value asset purchases. While specific, publicly reported transactions involving digital assets for opulent properties in exclusive enclaves like Avalon and Stone Harbor, New Jersey, remain largely under wraps due to privacy considerations, the broader landscape points [...]

October 28, 2025 – The cryptocurrency world is abuzz with reports confirming that the Trump family's ventures into digital assets have yielded staggering profits, potentially exceeding $1 billion in pre-tax earnings. This monumental surge, largely catalyzed by Donald Trump's re-election in November 2024, has seen the family's total crypto holdings and associated businesses add billions [...]

October 28, 2025 – The cryptocurrency world is abuzz with the audacious vision of BlockDAG, a Layer-1 blockchain project spearheaded by its enigmatic CEO, Antony Turner. Positioned as crypto's "most ambitious Layer-1," BlockDAG has captured significant attention, evidenced by its staggering $430 million presale success and an innovative hybrid architecture designed to redefine scalability, security, [...]

October 28, 2025 – In a move poised to reshape the landscape of institutional decentralized finance (DeFi) and accelerate the convergence of blockchain with artificial intelligence, SharpLink Gaming (NASDAQ: SBET) today announced its strategic plan to deploy $200 million of its Ether (ETH) treasury on ConsenSys’ Linea, a cutting-edge zkEVM Layer 2 network. This significant [...]

The cryptocurrency market is once again buzzing with the electrifying resurgence of meme coins, as established players like ApeCoin (APE) and Pepe (PEPE) have witnessed significant price surges exceeding 20% in the past week. This renewed interest, peaking around October 27-28, 2025, signals a vibrant shift in investor sentiment, drawing attention back to the high-risk, [...]

October 28, 2025 – The cryptocurrency market is witnessing an electrifying surge in AI-related tokens, fueled by President Donald Trump's repeated and enthusiastic endorsements of Nvidia (NASDAQ: NVDA) CEO Jensen Huang. Most recently, on this very day, Trump lauded Huang as "one of the most brilliant men" during an address to business leaders in Tokyo, [...]

As the cryptocurrency market braces for the highly anticipated Federal Open Market Committee (FOMC) interest rate decision on October 28-29, 2025, a palpable sense of anticipation permeates the digital asset landscape. With widespread expectations of a 25-basis-point rate cut, bringing the target range down to 3.75%-4.00%, investors are keenly eyeing opportunities for maximum gains, with [...]

In a series of events that have sent ripples through both the political and cryptocurrency landscapes, former (and now current) President Donald Trump's various "ballroom projects" have drawn significant attention, not least due to the involvement of high-profile crypto backers, many of whom have chosen to remain in the shadows. These initiatives range from exclusive [...]

October 28, 2025 – In the volatile landscape of digital assets, a surprising contender has emerged as a potentially "safer" investment avenue for those seeking exposure to the cryptocurrency ecosystem: Nvidia (NASDAQ: NVDA). The chipmaking giant, renowned for its cutting-edge Graphics Processing Units (GPUs), has cemented its role as the foundational technology provider for both [...]

The launch of spot Bitcoin Exchange-Traded Funds (ETFs) in January 2024 marked a pivotal moment for the cryptocurrency market, bridging the gap between traditional finance and digital assets. Among the eleven approved funds, BlackRock's (NYSE: BLK) iShares Bitcoin Trust (IBIT) has emerged as an undeniable titan, rapidly accumulating an astonishing $89.17 billion in assets under [...]

Real estate mogul and entrepreneur Grant Cardone has ignited a fervent discussion across financial markets with his bold prediction of a colossal $7 trillion capital rotation poised to reshape the landscape of crypto, stocks, and real estate. Articulating his vision in various discussions and posts around October 2025, Cardone posits that this monumental shift will [...]

Hong Kong, October 27, 2025 – Ant Group, the Chinese fintech behemoth behind the ubiquitous Alipay payment platform, has unequivocally signaled its renewed and ambitious foray into the cryptocurrency and Web3 ecosystem. Recent trademark filings in Hong Kong, publicly revealed in October 2025, indicate a strategic and comprehensive move to secure its position within the [...]

October 27, 2025 – The cryptocurrency market is currently witnessing a significant and sustained accumulation of Chainlink (LINK) by high-net-worth investors, commonly known as "whales." This strategic buying spree, which commenced around October 11, 2025, following a broader market downturn, has been accompanied by record-breaking outflows of LINK tokens from centralized exchanges. This concerted effort [...]

October 27, 2025 – As the cryptocurrency ecosystem matures, so too does the eye of global tax authorities. For crypto investors and enthusiasts, 2025 marks a pivotal year, ushering in an era of heightened regulatory scrutiny and mandatory reporting. With the IRS (Internal Revenue Service) and other international bodies tightening their grip on digital asset [...]

October 27, 2025 – As the cryptocurrency market gears up for 2025, a new contender has captured the attention of investors and analysts alike: BlockDAG. This innovative project is being increasingly highlighted as a top crypto asset, poised for significant growth and challenging established players. With its presale nearing completion and a mainnet launch anticipated [...]

October 27, 2025 – In a pivotal statement released today, Andrew Forson, President of DeFi Technologies Inc. (NEO: DEFI) and Chief Growth Officer of Valour, declared that "the line between TradFi and DeFi will be blurred." This assertion, made in an exclusive interview with CryptoNews, signals a profound shift underway in the global financial landscape, [...]

October 27, 2025 – The cryptocurrency market was set ablaze today as XRP experienced an unprecedented price surge, catapulting the digital asset to levels not seen in years. The dramatic rally, which saw XRP's value skyrocket by over 80% in a single 24-hour period, was primarily fueled by a long-awaited and definitively favorable resolution to [...]

The UK Financial Conduct Authority (FCA) has ushered in a new chapter for cryptocurrency investment, announcing on August 1, 2025, and making effective from October 8, 2025, a significant reversal of its long-standing ban on retail access to crypto Exchange Traded Notes (ETNs). This landmark decision allows everyday investors to gain exposure to leading digital [...]

San Francisco, CA – October 27, 2025 – Bitcoin (BTC) has emphatically breached the $115,000 mark, achieving a new two-week high of $115,179 on Sunday, October 26th, and maintaining its robust ascent into Monday. This significant price action has sent ripples of optimism throughout the digital asset ecosystem, signaling a potent shift in market sentiment [...]

Washington D.C., October 27, 2025 – The cryptocurrency world is reeling from revelations linking Binance, the world's largest crypto exchange, to a Trump family crypto venture, World Liberty Financial (WLFI), which allegedly preceded President Donald Trump's pardon of Binance founder Changpeng Zhao (CZ) on October 23, 2025. This confluence of events has ignited a fierce [...]

The cryptocurrency market is experiencing a significant surge today, October 27, 2025, with major digital assets posting impressive gains and pushing the total market capitalization to new highs. This broad-based rally is primarily driven by a confluence of positive macroeconomic indicators, further clarity in global regulatory frameworks, and an unprecedented wave of institutional capital flowing [...]

The cryptocurrency landscape is on the cusp of a profound transformation, driven by the accelerating convergence of artificial intelligence (AI) and quantum computing. This powerful synergy is not merely an academic curiosity but a tangible force already influencing, and poised to revolutionize, blockchain technology, crypto security, trading, and development. While AI is actively being integrated [...]

As of late 2025, the cryptocurrency landscape is witnessing a profound transformation, marked by a surge in institutional investors and public companies making substantial, strategic bets on individual digital assets. While Bitcoin (BTC) has historically been the primary target for corporate treasuries, there's a discernible and accelerating pivot towards Ethereum (ETH). This shift, driven by [...]

The cryptocurrency world is buzzing with the far-reaching implications of the "Guiding and Establishing National Innovation for U.S. Stablecoins Act," or the GENIUS Act, which was signed into law by President Donald Trump on July 18, 2025. This landmark federal legislation, introduced by Republican Senator Bill Hagerty in May 2025, marks the United States' first [...]

October 26, 2025 – The cryptocurrency market has entered an unprecedented era of growth and maturation, with Bitcoin's (BTC) relentless price rallies throughout late 2024 and 2025 serving as a powerful catalyst for a historic surge in the stock performance of publicly traded crypto-related companies. This pervasive trend reflects a profound shift in market sentiment, [...]

Bitcoin made history in early October 2025, shattering previous records to surge past the $125,000 mark and establish new all-time highs. This monumental achievement, primarily occurring around October 5th and 6th, sent ripples of excitement and intense trading activity across the global cryptocurrency markets. The immediate aftermath saw a mix of euphoric gains, significant institutional [...]

October 26, 2025 – Riot Platforms (NASDAQ: RIOT), a leading Bitcoin mining company, has captivated the market with its impressive stock performance, fueled by a surging Bitcoin bull run and an ambitious strategic pivot towards Artificial Intelligence (AI) and High-Performance Computing (HPC). As of late October 2025, RIOT's shares have experienced substantial gains, reflecting investor [...]

New York, NY – October 26, 2025 – Galaxy Digital Holdings Ltd. (TSX: GLXY), the diversified financial services and investment management company in the digital asset, cryptocurrency, and blockchain technology sectors, has witnessed a monumental rally in its stock price. This surge is primarily attributed to an exceptional Q3 2025 earnings report, released on October [...]

New York, NY – October 26, 2025 – BitMine Immersion Technologies (NASDAQ: BMNR) has sent shockwaves through the financial and cryptocurrency markets, experiencing an extraordinary stock surge of nearly 700% since July 1, 2025. This dramatic rally was catalyzed by the company's audacious strategic pivot: abandoning its traditional Bitcoin mining operations to become the world's [...]

Shanghai, China – October 26, 2025 – MicroCloud Hologram Inc. (NASDAQ: HOLO), a leading holographic technology services company, has captured significant market attention with its recent "quantum leap" in stock performance, driven by a dual strategy of aggressive cryptocurrency investments and groundbreaking advancements in quantum computing. The company's strategic pivot into these high-growth sectors has [...]

In a remarkable display of grassroots digital asset adoption, Nigeria has recorded an astounding cryptocurrency transaction volume exceeding $50 billion between July 2023 and June 2024, with more recent data indicating this figure surged to over $92.1 billion by June 2025. This colossal sum not only solidifies Nigeria's position as a global leader in crypto [...]

October 26, 2025 – The cryptocurrency market is currently experiencing a robust resurgence, with Bitcoin (BTC) leading a significant bull run that has pushed its price to new highs. This exhilarating market momentum has, in turn, fueled a remarkable rally in the shares of American Bitcoin Corp (NASDAQ: ABTC), a publicly traded Bitcoin accumulation and [...]

The cryptocurrency market is bracing for an exceptionally volatile and potentially transformative week, spanning from October 27 to November 2, 2025. A confluence of major altcoin-specific developments, coupled with pivotal macroeconomic announcements, is expected to shape market sentiment and drive significant price action across the digital asset landscape. Leading the charge are the highly anticipated [...]

The cryptocurrency market is on high alert as a confluence of critical economic events, central bank decisions, and geopolitical negotiations are set to unfold in the coming week, from October 27 to November 2, 2025. Analysts and investors are keenly watching for the U.S. Federal Reserve's (Fed) anticipated interest rate decision, crucial inflation reports from [...]

October 26, 2025 – The cryptocurrency market is abuzz with anticipation as XRP (XRP) positions itself for a potential historic double-digit rally. A confluence of groundbreaking developments, including the definitive resolution of its protracted legal battle with the U.S. Securities and Exchange Commission (SEC), mounting expectations for spot XRP Exchange-Traded Funds (ETFs), and a surge [...]

Washington D.C. – October 26, 2025 – The U.S. cryptocurrency landscape is abuzz with anticipation following the landmark enactment of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) on July 18, 2025. Signed into law by President Donald Trump, this bipartisan legislation is poised to fundamentally reshape the role of stablecoins [...]

San Francisco, CA – October 24, 2025 – Decentralized prediction market giant Polymarket is gearing up for a pivotal moment in its evolution: the highly anticipated launch of its native POLY token and a subsequent airdrop, projected to occur in 2026. This strategic move, confirmed by the company's Chief Marketing Officer, Matthew Modabber, is poised [...]

Evernorth, a newly established XRP-focused treasury firm, has sent ripples through the cryptocurrency market with its ambitious plan to amass the world's largest institutional XRP treasury. Between October 20 and October 24, 2025, the firm strategically accumulated approximately 261 million XRP tokens, signaling a significant shift towards institutional adoption of the digital asset. This bold [...]

October 24, 2025 – The cryptocurrency trading landscape is abuzz with the recent emergence of Bittam, a new platform aggressively marketing itself as a disruptive force. Launched or significantly amplified in its public presence throughout October 2025, Bittam is touting an unprecedented suite of features, including up to 200x leverage, guaranteed zero slippage, and the [...]

On October 21, 2025, Ripple (XRP) Chief Technology Officer David Schwartz issued a critical and timely warning to the cryptocurrency community, highlighting a significant surge in sophisticated phishing threats. These attacks specifically target crypto wallets, with a particular focus on hardware wallets used by XRP holders. Schwartz's alert comes amidst a backdrop of increasing digital [...]

Fidelity Investments (NYSE: FNF), a financial behemoth managing a staggering $5.8 trillion in client assets, sent ripples through the cryptocurrency market yesterday, October 23, 2025, with the landmark announcement that it has opened access to Solana (SOL) for its vast client base. This strategic move, which allows both retail and institutional clients to trade and [...]

October 24, 2025 – A Bitcoin (BTC) wallet originating from the network's nascent days in 2009, often dubbed a "Satoshi-era" wallet, has sprung to life today, transferring a staggering 150 BTC, currently valued at approximately $16 million. This significant movement marks the end of a 14-year dormancy for the digital assets, which were initially mined [...]

The cryptocurrency market is abuzz with anticipation as the Federal Reserve is widely expected to implement a 25 basis point (bps) interest rate cut at its Federal Open Market Committee (FOMC) meeting scheduled for October 28-29, 2025. This move, which would see the fed funds rate fall to a range of 3.75% to 4%, marks [...]

October 24, 2025 – In a significant stride towards mainstream financial integration, Crypto.com officially filed an application for a U.S. National Trust Bank Charter with the Office of the Comptroller of the Currency (OCC) today, October 24, 2025. This strategic move underscores the company's commitment to regulatory compliance and aims to substantially expand its regulated [...]