COMMENTARY: Immigration Police Spread Dragnets Across U.S.

A searing first-hand account of how immigration courts — once seen as safe — are becoming flashpoints for fear and quiet arrests. The line between legal process and targeted intimidation is vanishing

Poster shared by the Nevada Immigrant Coalition on Instagram warns that ICE agents may operate in plain clothes and be mistaken for other law enforcement.

By Peter Costantini
SEATTLE. US, May 26 2025 – On May 21, I was in the Seattle immigration court accompanying a young mother from a South American country who was applying for asylum to a routine hearing. Local media had reported that Immigration and Customs Enforcement had arrested several people there the previous day.

Immigration courts have long seemed to be relatively safe places where immigrants were unlikely to be arrested, because they were already in the immigration legal system. [EOIR] [ICE]

While we were waiting, a group of four Haitians with a four-month-old baby sat down across from us. When I heard them speaking Kreyol and French, I introduced myself as someone who had lived in Haiti. We chatted briefly about their country and the immigration situation here, and smiled at the baby. Then they were called into court before us, and when they emerged, they seemed unperturbed by whatever was the outcome of their hearing.

This infernal Catch-22 is showing immigrants who have escaped from dangerous places that they have mistakenly entrusted their hopes to yet another gratuitously cruel police state for migrants. It is falsely branding all of them as criminals and dumping them into a rent-a-gulag of private for-profit prisons

However, when they walked out of the waiting room, they were surrounded by a group of burly men in Northwest-style outdoor wear and ball caps who proved to be agents of ICE’s Enforcement and Removal Operations. The officers wore nothing that identified them as ICE or police, and I did not see them display any badges or warrants. They operated quietly, apparently trying not to attract public attention. They did not arrest the baby and its father, but took the mother and the two other men.

The arrestees looked stricken but did not resist, and I don’t believe the police handcuffed them. The father was left holding the baby in a basket, stunned and unbelieving. Further down the hall, another group of officers arrested a man who spoke to them in Spanish, asking them not to arrest him and crying. They put handcuffs and leg shackles on him and wrestled him onto an elevator.

This brought the young woman I was accompanying and myself to tears, as it was designed to do. Fortunately, though, her case was not dismissed. She was granted a future court hearing and was not detained by ICE.

As they were designed to do, the arrests left other witnesses, many with children, fearing that they could be next. Remember, this is not a court where people had to go because they were accused of crimes; they were there to make their cases for asylum or other protections, or to change their address. They were following authorized paths of immigration.

Staff from the Northwest Immigrant Rights Project, a Seattle non-profit law office, circulated through the Federal Building explaining the new situation: the courts are now dismissing some immigrants’ cases at the request of the government. This might seem like a good thing for the immigrants, but it’s not: without an active case, most of these immigrants have no immigration status.

They are now vulnerable to being grabbed by ICE and placed in expedited removal, a form of rapid deportation without recourse to a judge. This provides la migra, as they are known in Spanish, with a new, unforeseen way to terrorize immigrants. [NWIRP]

The strategy of the Trump administration for immigrants with pending cases requesting authorized statuses such as asylum seems to be to deploy a variety of ways of questionable legality to summarily reject and remove them, or to make life so miserable here that the immigrants “self-deport”.

National and international media have reported similar arrests of immigrants after dismissing their cases across the country. [Anguiano & Singh 5/22/2025] As CBS News pointed out, expedited removal can be used to summarily deport immigrants “who entered the U.S. with the government’s permission at legal entry points”.

So it could possibly be applied to the nearly one million immigrants who entered the U.S. using a cell-phone app introduced by the Biden administration, which allowed them to enter with authorization. [Montoya-Galvez & Cavazos 5/23/2025] Hundreds of thousands who entered under the auspices of other government programs may also be at risk.

This is not an immigration policy; it is the business end of an ethnic cleansing policy. It dovetails nicely with the long-term imperative of white sado-nationalists such as Trump’s Make America Great Again movement to try to reverse what they call “The Great Replacement” of white U.S.-born citizens by immigrants of color from Latin America, Africa and Asia.

As historian Mae Ngai of Columbia University told me in an interview, “I think there’s too many brown people in this country for [the Trump administration’s] tastes — that’s what it all comes down to.” [Costantini 1/16/2019]

The Department of Homeland Security has introduced other new operations to threaten immigrants as well. In Nashville, Tennessee, the state Highway Patrol is reportedly running joint operations with ICE officers on the streets of immigrant neighborhoods.

According to New York Times columnist Margaret Renkle, ICE has been throwing “a wide, seemingly race-based net” to catch people who might appear to be immigrants with flurries of traffic stops for minor infractions by the state patrol. These stops allow ICE to check the immigration status of large numbers of local residents and detain some of them. [Renkl 5/22/2025]

Nashville is a city with a two-thirds Democratic electorate in a heavily Republican state. State Senator Jeff Yarbro told Renkle: “They were basically pulling someone new over every two minutes. That’s not a ‘public safety operation.’” And Nashville Mayor Freddie O’Connell commented: “What’s clear today is that people who do not share our values of safety and community have the authority to cause deep community harm.”

On top of other forms of arbitrary deprivation of immigrants’ rights, these new attacks are destroying any sense of safety for people who are trying to follow the rules. They already seem to be resulting in more fearful immigrants skipping appointments, and then being subject to even more certain arrest and removal.

This infernal Catch-22 is showing immigrants who have escaped from dangerous places that they have mistakenly entrusted their hopes to yet another gratuitously cruel police state for migrants. It is falsely branding all of them as criminals and dumping them into a rent-a-gulag of private for-profit prisons. More detainees will likely be rendered to El Salvador, Libya, South Sudan, and other human-rights-free zones and held without due process or habeas corpus.

The Statue of Liberty wept.

* * *

Notes

For the past 40 years, I have volunteered with immigrants. Since the first Trump administration, I have accompanied them to court and other official appointments. Accompaniment is organized by local immigrant justice and human rights groups, and usually entails working with attorneys (which I am not) to support and inform immigrants, and interpreting between English and their languages (in my case, Spanish and French).

Immigration courts are run by the Executive Office for Immigration Review in the Department of Justice. They are administrative courts and not part of the judiciary branch. [EOIR]

Immigration and Customs Enforcement is the police agency within the Department of Homeland Security that enforces immigration laws in the interior of the country, while Customs and Border Protection (which includes the Border Patrol) handles enforcement from the border up to 100 miles inland. [ICE]

 

References

Dani Anguiano & Maanvi Singh. “Ice arrests at immigration courts across the US stirring panic: ‘It’s terrifying’”. London: The Guardian, May 22, 2025.
https://theguardian.com/us-news/2025/may/22/ice-arrests-immigration-courts

Peter Costantini. “Manufacturing illegality: An Interview with Mae Ngai”. Foreign Policy In Focus, January 16, 2019.
https://fpif.org/manufacturing-illegality-an-interview-with-mae-ngai

Legal Information Institute. “habeas corpus”. Cornell Law School, no date
https://www.law.cornell.edu/wex/habeas_corpus

Camilo Montoya-Galvez & Nidia Cavazos. “ICE ending migrants’ court cases in order to arrest and move to deport them”. CBS News, May 23, 2025.
https://cbsnews.com/news/ice-ending-migrants-court-cases-arrest-move-to-deport-them

Margaret Renkl. “The ICE Raids in Nashville Aren’t About Public Safety”. New York Times, May 22, 2025.
https://nytimes.com/2025/05/22/opinion/ice-raids-nashville-immigrants.html

Palestinians Call Out Israel’s Mission To Destroy Their History and Cultural Heritage in Gaza

A brutal military onslaught by Israel since October 2023 has destroyed hospitals, homes, food, water, and sanitation in the Palestinian territory of Gaza, with an estimated death toll of more than 53,000 people. Credit: Hosny Salah

A brutal military onslaught by Israel since October 2023 has destroyed hospitals, homes, food, water, and sanitation in the Palestinian territory of Gaza, with an estimated death toll of more than 53,000 people. Credit: Hosny Salah

By Catherine Wilson
LONDON, May 26 2025 – Israel’s ongoing war of annihilation in Gaza has wiped out hospitals, schools, homes, water, and food, reducing the Palestinian territory to a wasteland and leaving a death toll of more than 53,000 people. But an equally lethal campaign has been unleashed against the foundations of Palestinian society and identity.

The Israeli Defense Force (IDF) has targeted libraries, repositories, and institutions of Palestinian culture and heritage in a mission to eradicate the history, literary accomplishments, and political and social existence of Palestine as a place and people.

“The losses in Gaza are vast, incalculable, as we are still in the throes of a genocidal war that has already destroyed 70 percent of the Gaza Strip and killed or maimed 10 percent of its embattled population,” Raja Khalidi, Co-Administrator of the Khalidi Library, an Arab public library founded by the Khalidi family in East Jerusalem more than a century ago, told IPS. “So has the Israeli war machine in Gaza and the West Bank wrought indiscriminate destruction that threatens erasure of Palestinian written, architectural, and archaeological cultural heritage.”

In a recent report on the destruction of libraries, archives, and museums in Gaza since the conflict erupted in 2023, the solidarity organization Librarians and Archivists with Palestine (LAP) stated that “the destruction of cultural heritage in Gaza impoverishes the collective identity of the Palestinian people, irrevocably denies them their history, and violates their sovereignty.”

“The greatest loss remains the normalization of the daily massacres of Gazans, including children. Every Palestinian life is a record, a history. The Zionist war machine realises this and the targeting of children, in particular, is an attempt at destroying the future narrative of Palestine,” Ahmad Almallah, a Palestinian poet who grew up in Bethlehem and now lives in Philadelphia in the United States, told IPS.

Palestinian children live their lives under Israeli siege in Gaza, December 2024. Credit: Hosny Salah

Palestinian children live their lives under Israeli siege in Gaza, December 2024. Credit: Hosny Salah

Bordered by Israel to the east and the Mediterranean Sea to the west, Gaza comprises 365 square kilometers of land that is home to about 2.1 million Muslim and Christian Palestinians who have lived under siege for more than half a century. Many Palestinians fled to Gaza following Israeli dispossession of their villages and homes during the Al-Nakba, or the ‘Catastrophe,’ in 1948. Then the territory was part of Egypt. Israel subsequently seized Gaza during the Six-Day War of 1967 until 1993, when the Oslo Accords made way for it to be administered by the Palestinian Authority.

The Islamic resistance organization, Hamas, then took power in 2005. Its launching of a raid and attack within Israel in October 2023, which resulted in the death of 1,200 Israelis with 251 taken hostage, triggered the current Gaza war. Since then, the IDF has sustained a relentless military onslaught leading to the obliteration of every facility for human habitation in Gaza and the escalation of a humanitarian crisis due to lack of food, water, shelter, and medical services.

While a ceasefire began on 19 January, disputes between Israel and Hamas about progress in hostage and prisoner exchanges led to the ceasefire fracturing on 18 March. The IDF resumed its offensive with Israeli Prime Minister Benjamin Netanyahu further threatening to annex parts of Gaza.

This month UNESCO reported that Israel had destroyed 107 important cultural sites in the Palestinian enclave, including historic buildings, mosques, churches, and museums. And last year, LAP detailed the damage and destruction of 22 libraries and archives, including Gaza’s Central Archives, which contained valuable documentation of the enclave’s 150-year history. The Diana Tamari Sabbagh Library, which held tens of thousands of books, was also destroyed, as was the Omari Mosque and Library, which was built in the 7th century and held a major collection of rare books dating to the 14th century. Four university libraries in Gaza also suffered damage, including the Al-Quds Open University Library and the Jawaharlal Nehru Library of Gaza’s Al-Azhar University. Historical records destroyed in Gaza include those that proved Palestinian land and property ownership.

“Several years ago, the occupation destroyed the National Library in Gaza, razing its towering structure to the ground. With its destruction, the dream of creating a repository for both ancient and modern Palestinian works was obliterated. The site that once promised to preserve a rich cultural heritage became little more than a platform for displaying political party flags and leaders’ portraits,” Palestinian novelist Yousri al-Ghoul wrote in January.

The Omari Mosque in Gaza, portrayed in 2022, before its destruction by an Israeli attack in December 2023. Credit: Dan Palraz

The Omari Mosque in Gaza, portrayed in 2022, before its destruction by an Israeli attack in December 2023. Credit: Dan Palraz

The current conflict continues attempts to erase Palestinian history and identity that began during the Al-Nakba when Palestinian homes and their contents were looted and destroyed.

“As a child of the first intifada in Palestine, even words, the raw material for books, were very dangerous toys to play with. The Israeli occupation banned using the word ‘Palestine,’ and children and teenagers caught inscribing the word on a wall were either shot dead or arrested and subjected to torture. But that didn’t stop Palestinians from writing the word and piling on it poems, literature, and personal and natural history,” Almallah said.

Together with this loss, Palestinian writers, intellectuals, artists, and journalists have been killed, putting in jeopardy the continuity of knowledge and culture within society and its transmission to the next generation. Those who have lost their lives since 2023 include the writer Abdul Karim Hashash, who has written many books on Palestinian poetry and culture, and Doaa Al-Masri, Librarian at Gaza’s Edward Said Library.

In 2016 the International Criminal Court identified the desecration of a people’s cultural heritage as a war crime in a case about Islamist attacks on UNESCO-protected monuments in Timbuktu in Mali. Subsequently, in 1954, the Hague Convention, an international treaty stipulating the protection of cultural property in armed conflicts, was established and has now been signed by 136 countries.

More recently, South Africa included allegations of cultural dispossession in the case it launched in 2023 of genocide by Israel in Gaza in the International Court of Justice (ICJ). It will likely take the court years to reach a ruling. But in January last year, it issued initial orders to Israel to prevent and punish acts and public incitement to commit genocide by its military, an order that Israel continues to ignore.

“The international community has failed Palestinians; it has failed Gaza now! It has not done anything to stop the genocide and the massacring of children. I don’t expect they will do anything to save our books. But despite all Zionist attempts to silence them, we are witnessing Palestine becoming part of world heritage; Palestine is now everywhere!” Almallah declared.

In the meantime, there are important institutions in the region taking action to ensure the tactics of erasure will not succeed.  In Jerusalem, the Khalidi Library, which is home to a rich collection of thousands of books and Islamic manuscripts representing an Arab literary heritage over many centuries, is a testament to cultural resilience. It also conducts extensive manuscript conservation, restoration, and digitization work and has been a pillar of vibrant Palestinian scholarship, thought, and writing since the early twentieth century.

Khalidi emphasized that, looking ahead, in any reconstruction plan for post-war Gaza, “the first task will be for competent organizations, such as UNESCO, to launch a proper survey of the destruction of cultural heritage in Gaza… then ensure the future preservation and restoration or digitization of salvaged collections.”

IPS UN Bureau Report

 


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تلتزم شركة CXM Prime بقواعد السلوك العالمية للفوركس (FX Global Code)، مؤكدة التزامها بأعلى المعايير العالمية للتميّز

لندن, May 26, 2025 (GLOBE NEWSWIRE) — أعلنت شركة CXM Prime، وهي وسيط مالي متعدد الأصول مرخّص من سلطة الرقابة المالية في المملكة المتحدة (FCA) تحت رقم التسجيل 966753 وجزء من مجموعة CXM، عن التزامها الرسمي بقواعد السلوك العالمية لسوق الفوركس (FX Global Code)، وهي مجموعة من المبادئ المعترف بها دوليًا تهدف إلى تعزيز العدالة والشفافية وأفضل ممارسات التنفيذ في سوق الصرف الأجنبي.

تندرج كبرى المؤسسات في صناعة الفوركس ضمن هذه الفئة، ومن خلال توقيع “بيان الالتزام”، تؤكد CXM Prime انضمامها إلى صفوف نخبة الوسطاء العالميين الملتزمين بتطبيق أعلى المعايير المهنية الصارمة.

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بحلول عام 2025، لم يتجاوز عدد وسطاء الفوركس العالميين الذين اعتمدوا هذه القواعد نسبة 15%، وذلك وفقًا لبيانات السجل العام الصادرة عن شركة CLS واللجنة العالمية لسوق الصرف الأجنبي (GFXC).

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تتكوّن القواعد العالمية لسوق الفوركس من 55 مبدأً تغطي جوانب متعددة تشمل الأخلاقيات، والحوكمة، وممارسات التنفيذ، وإدارة المخاطر، وعمليات ما بعد التداول. ويجسد التزام CXM Prime بهذه المبادئ رؤيتها المؤسسية المرتكزة على التكنولوجيا المتقدمة والامتثال الصارم وبنية تداول قوية. وقد نشرت الشركة بيان التزامها بشكل علني ضمن المؤشر العالمي للسجلات العامة.

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GLOBENEWSWIRE (Distribution ID 1001098942)

Bitget’s Blockchain4Youth Celebrates Two Years of Youth-Driven Innovation

VICTORIA, Seychelles, May 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is excited to celebrate the 2nd Anniversary of Blockchain4Youth. With over 8,000 participants globally and more than 3,000 certificates issued, the program continues to empower the next generation with the knowledge and tools needed to shape the future of blockchain and Web3 innovation.

The initiative’s success is anchored in its mission to bridge the knowledge gap between emerging technologies and youth audiences, particularly students, young developers, and aspiring entrepreneurs. Through the flagship initiative Bitget Builders, Bitget announced its global expansion through a series of offline engagements, inviting crypto enthusiasts from various backgrounds to co–build the Bitget ecosystem while unlocking insights, event access, and growth opportunities.

Over the past year, Blockchain4Youth has collaborated with universities and educational institutions worldwide, including top institutions in North America, APAC and other regions. In March 2025, Blockchain4Youth saw itself at the centre of Google Developer Group's “Build with AI” Hackathon, speaking and inspiring 130 bright student minds, exploring the intersection of blockchain and AI.

Now entering its third year, Blockchain4Youth has expanded to over 70 countries and regions, reaching out through a series of educational partnerships, hackathons and online courses. With over 80+ campus lectures, Blockchain4Youth has made its mark in growing education and awareness around this emerging tech. This growth shows Bitget’s longstanding commitment to making blockchain knowledge accessible and inclusive while creating real–world impact.

“Over the last two years, Blockchain4Youth has evolved from an idea into a global movement,” said Vugar Usi Zade, COO of Bitget. “We hold strongly onto the belief that the future is in the hands of the youth and we are thrilled to see how many young people have taken initiative to learn, build, and contribute to the Web3 space. As the blockchain industry continues to mature, it becomes essential to build a more inclusive and innovative digital future, and I believe the answer lies in the next generation.”

Bitget remains committed to empowering global youth through impactful initiatives that foster innovation, education, and community building in Web3. As Blockchain4Youth enters its third year, it continues to serve as a cornerstone of Bitget’s broader mission to drive mainstream blockchain adoption through education and supporting youths.

To find out more about Blockchain4Youth, please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real–time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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GLOBENEWSWIRE (Distribution ID 1001098863)

SAR 423 Billion in Foreign Investments: Saudi Arabia Launches Offshore Securities Business License

RIYADH, Saudi Arabia, May 26, 2025 (GLOBE NEWSWIRE) — Over the past decade, the Saudi Capital Market Authority (CMA) has methodically advanced the Kingdom’s capital market reforms, gradually opening its financial markets to international investors. This transformation has attracted substantial global institutional interest, with foreign holdings reaching approximately SAR 423 billion by the end of 2024. The recent introduction of the Offshore Securities Business License underscores Saudi Arabia’s ambition to establish itself as a leading regional and global financial center.

The QFI program in 2015 was the first program to provide direct access into Saudi markets for foreign investors. Prior to the QFI program, foreign investors could only access Saudi equities through swap arrangements, once foreign institutions qualified as QFIs, the program created a direct way for foreign institutions to transact in the Saudi market, further expanding the overall market access.

Since then, the CMA has gradually dismantled many of the restrictions that once limited foreign participation. In 2018, asset thresholds for QFI eligibility were lowered, per–investor ownership caps were raised from 5 to 10 percent, and the pool of eligible investors was expanded.

Also, improvements to corporate governance, financial disclosure, and market infrastructure made Saudi Arabia’s capital market more transparent and credible. These reforms helped the Kingdom secure inclusion in the MSCI and FTSE Russell emerging market indices in 2019, a development that catalyzed massive capital inflows.

The impact was instant, QFI owned SAR 13.7 billion in Saudi market in 2018. That figure increased to SAR 134.48 billion in 2019, coinciding with index inclusion. By the end of 2024, foreign investors held about SAR 423 billion in equities—up from around SAR 86 billion just six years earlier.

Beyond these broad reforms, the CMA has continued to refine foreign access. In January 2025, it published a landmark rule change permitting foreign ownership in Saudi–listed companies that own real estate assets in the holy cities of Makkah and Madinah. Previously, such ownership was prohibited due to restrictions on property in the two cities. Under the new regulation, non–Saudi investors—whether individuals or institutions—can now own up to 49% jointly of shares or convertible debt in these companies.

The CMA also recently published a framework for a new offshore license, intended to allow financial institutions to conduct securities business through a regional headquarters. While still pending implementation, this initiative aims to position the Kingdom as a regional and global financial hub for securities.

This Offshore Securities Business License will enable licensed institutions to carry out securities activities, as well as manage investment funds that invest in securities within the Kingdom. These services may be provided to foreign clients outside the Kingdom, in addition to a specified category of local clients.

Additionally, the license will allow its holder to invest in the Saudi capital market without the need to meet the qualification requirements typically imposed on qualified foreign investors. In addition, this license will enable its holder the access to a broader client base, including transactions with sovereign investment funds such as the Public Investment Fund, which manages over SAR 3.5 trillion in assets in 2024, as well as pension funds within the Kingdom.

The offshore licensees and structure also present other benefits to developing and establishing private investment funds in Saudi Arabia. Offshore licensees will have flexible contractual terms as they will focus on addressing a complex and sophisticated investment needs.

Taken together, these reforms represent one of the most comprehensive efforts among emerging markets to integrate with global capital flows. The CMA’s approach—measured, regulatory–driven, and clearly aligned with Vision 2030—has generated confidence among international investors. While challenges remain, particularly in implementation and investor onboarding processes, the trajectory is clear. Saudi Arabia is building a market that not only attracts foreign capital, but retains it through stability, structure, and institutional trust. As the offshore licensing regime moves toward activation, it stands as the latest signal that the Kingdom’s financial sector is not just open—it is competing.

Contact:
Capital Market Authority
Communication & Investor Protection Division
+966114906009
+966557666932
[email protected] 
www.cma.org.sa 


GLOBENEWSWIRE (Distribution ID 9457816)

Bitget Delivers A Knockout Experience: VIP Access to Karate Combat’s KC54 Dubai UFC Fight

DUBAI, United Arab Emirates, May 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, brought the heat to Token2049 with an exclusive ringside experience at Karate Combat KC54 in Dubai on May 2nd. Think high–octane strikes, VIP treatment, and a night so wild, even the blockchain felt the impact.

This year, Bitget raised the stakes by offering a premium experience that put crypto enthusiasts right at the heart of the action. Bitget's esteemed VIPs witnessed world–class fighters trade blows while enjoying gourmet food and premium beverages in an exclusive VIP section reserved just for Bitget's key opinion leaders and special guests.

With a crowd of 4,000–5,000 roaring fight fans, the energy in Dubai's premier venue was electric. Bitget COO Vugar Usi Zade perfectly captured the spirit of the event: “Crypto trading and combat sports demand the same qualities—quick reflexes, strategic thinking, and nerves of steel. We're thrilled to give our community this exclusive opportunity to experience world–class competition up close. Whether you're analyzing charts or analyzing fight techniques, this is where champions are made.”

Robert Bryan, CEO of Karate Combat, remarked, “KC54 marked a significant milestone in our journey, and having Bitget as a sponsor amplified our commitment to innovation in combat sports. Their support helped us deliver an unforgettable experience that blended tradition with cutting–edge technology.

Asim Zaidi, President of Karate Combat, also added, “Partnering with Bitget for KC54 was a game–changer. Their involvement not only elevated the event's profile but also underscored the synergy between martial arts and the evolving digital landscape.”

The event marked another strategic partnership for Bitget in the combat sports world, following their successful collaborations with professional combat athletes such as Wrestling World Champion, Buse Tosun Çavuşoğlu, and Boxing Gold Medalist Samet Gümüş (Boxing). By creating these exclusive live experiences, Bitget continues to build meaningful connections between the crypto community and high–profile sporting events.

Jyotsna Hirdyani, Bitget's South Asia head, who orchestrated the event, shared insights. “This is the future. From blockchain to sports, crypto is changing the game forever. This is what happens when sports & entertainment meet blockchain technology. It’s a cultural shift where you will see more & more cross–plays of sports x crypto, the ultimate cross–over.”

This partnership underscores Bitget's commitment to delivering unique, high–value experiences to its community. Just as in trading, timing is everything, and May 2nd in Dubai was when crypto met combat in what turned out to be an unforgettable showdown. Bitget's focus remains on creating tangible value for the crypto community beyond digital interfaces.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real–time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

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Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

About Karate

Karate Combat is the world's premier full–contact karate league, renowned for its innovative approach to combat sports entertainment. Known for its distinctive, fast–paced fighting style – essentially MMA without ground fighting, Karate Combat delivers high–energy bouts, with nearly half ending in knockouts. With over 7 million followers, hundreds of millions of views monthly, and over 100,000 active app users, Karate Combat is at the forefront of blending sports, technology community–driven experiences.

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South-South Cooperation: An Engine for Transformational Change in Achieving the 2030 Agenda

UNOSSC Director Dima Al-Khatib addresses the 21st Session of the High-level Committee on South-South Cooperation last year. UNOSSC serves as the Secretariat of the High-level Committee. Credit: UNTV

 
The 22nd session of the High-level Committee on South-South Cooperation will be convened 27-30 May 2025 to review progress made in implementing the Buenos Aires Plan of Action for Promoting and Implementing Technical Cooperation among Developing Countries, the New Directions Strategy, the Nairobi outcome document of the High-level United Nations Conference on South-South Cooperation and the Buenos Aires outcome document of the second High-level United Nations Conference on South-South Cooperation (BAPA+40).

By Dima Al-Khatib
UNITED NATIONS, May 26 2025 – With just five years to 2030, the world stands at a pivotal juncture. The collective promises of our 2030 Agenda for Sustainable Development – to end poverty, protect the planet, and ensure prosperity for all – remain urgent and vital. Yet, progress is uneven, and in many areas, we risk falling short.

Amid this global uncertainty, we must look not only at what is faltering, but also where the rays of hope are shine.

South-South and triangular cooperation brings hope.

Across continents and oceans, developing countries are rising – together. They are innovating, collaborating, and forging new paths toward sustainable development. It is in this context that the 22nd session of the High-level Committee on South-South Cooperation convenes under the theme: “Accelerating the 2030 Agenda for Sustainable Development: South-South Cooperation as a Driver for Transformation.”

This theme is not only timely; it is inspiring. South-South cooperation has emerged as a dynamic force, reshaping the global development landscape and offering new pathways to shared prosperity. It is a testament to the ingenuity, solidarity, and resilience of countries of the Global South – powerful agents of change.

Addressing Shared Challenges Through Collective Action

The world today faces complex, interconnected crises: persistent poverty, widening inequalities, the climate emergency, and the lingering impacts of the COVID-19 pandemic, among others. These challenges do not know borders, and no country can tackle them alone. South-South cooperation offers a powerful model for collective action – one that is inclusive, adaptable, and rooted in the lived experiences of developing countries.

A recent example is the African Union’s Peace Fund, which allocated $7 million to support peace initiatives in Burkina Faso, the Democratic Republic of the Congo, and other countries facing instability.1 This commitment demonstrates how regional organizations of the Global South are mobilizing resources and expertise to address development challenges through solidarity and shared responsibility.

By supporting knowledge sharing and capacity-building activities, among others, the Peace Fund is helping to lay the groundwork for sustainable development and regional stability.

South-South cooperation also thrives in sectoral partnerships. For instance, Brazil and India have collaborated on satellite technology to monitor deforestation and boost agricultural production, while Mexico has invested in food security and job creation programs in Honduras and El Salvador, benefitting over 40,000 people.2 These efforts underscore the diversity and adaptability of South-South solutions.

Leveraging Innovation and Digital Transformation

The digital divide continues to deepen. Over 2.6 billion people – most of them women and girls – remain offline, excluded from education, healthcare, and economic opportunity.

The promise of digital transformation must not become the privilege of the few. This is why South-South cooperation matters now more than ever.

Across the Global South, countries are harnessing digital technologies to leapfrog traditional development barriers. For example, AI is being deployed to strengthen early warning systems for climate resilience in Dominica, to improve crop forecasting with satellite data in Kenya, and to support multilingual education platforms in India.

In Brazil, AI is helping optimize public health responses, while Rwanda is using AI-driven tools to expand financial services to rural communities. When developed and deployed ethically, AI can offer scalable, low-cost solutions tailored to local realities.

UNOSSC’s South-South Galaxy platform is a living repository of such solutions, connecting practitioners and policymakers; and the South-South and Triangular Cooperation Solutions Lab is incubating and scaling up successful initiatives. From mobile banking in East Africa to e-governance initiatives in Asia, digital transformation is expanding opportunities and empowering communities.

Science, technology, and innovation (STI) are great equalizers – if we ensure equitable access. Artificial Intelligence holds enormous potential to transform development: optimizing crop yields, predicting disease outbreaks, advancing renewable energy. But it also brings real risks – of deepening inequality, displacing jobs, and eroding trust.

To ensure AI and frontier technologies serve people and planet, we must shape them with inclusive governance, ethical foresight, and robust international cooperation.

South-South and triangular partnerships are critical to this effort. By pooling resources, knowledge, and talent, countries in the Global South can leapfrog outdated systems and build resilient, inclusive digital economies. The Havana Declaration, adopted by the Group of 77 and China, underscored this collective commitment to harnessing STI for sustainable development.

The Transformative Power of South-South Cooperation

South-South cooperation is grounded in mutual respect, solidarity, and partnership. It is about countries with similar challenges and aspirations coming together to find solutions that work in their own contexts. Across the Global South, we see a myriad of homegrown innovations that are making a tangible difference. UNOSSC is proud to mandate trust funds that are scaling up these innovations.

The United Nations Fund for South-South Cooperation stands a beacon of this spirit. Over the past 30 years, 47 government entities have contributed to the Fund. Working in partnership with 45 United Nations entities, projects and initiatives supported by the Fund have reached over 70 countries and benefited people in 155 countries and territories globally — strengthening institutions, building capacity, and fostering lasting cooperation.

For example, thanks to the partnership with the Government of China, under the Global Development Initiative, over 1,000 development practitioners from 100+ countries have been trained in cross-border e-commerce and digitalization.

Since its establishment in 2017, the India-UN Development Partnership Fund has supported more than 75 demand-driven, transformational projects in 56 developing countries, with a strong focus on Least Developed Countries and Small Island Developing States. Its initiatives range from strengthening climate resilience in Pacific Island nations, to expanding renewable energy in Africa, and supporting pandemic response in the Caribbean.

During the COVID-19 crisis, the India-UN Fund quickly mobilized resources to provide medical supplies and personal protective equipment to 15 countries, demonstrating the speed and responsiveness that South-South cooperation can deliver in times of crisis.

Similarly, the IBSA Fund – a unique partnership among India, Brazil, and South Africa – has supported over 40 projects in more than 35 countries, focusing on poverty reduction, food security, access to clean water, education, and gender equality.

In Haiti, the IBSA Fund supported the construction of community health centers and the establishment of a solid waste management system, directly benefiting thousands of vulnerable people. In Sierra Leone, the Fund contributed to the rehabilitation of agricultural infrastructure, boosting food security and livelihoods in rural communities.

These projects are concrete expressions of solidarity and South-South learning, designed to be replicable and scalable across the developing world.

The Group of 77/Pérez-Guerrero Trust Fund for South-South Cooperation (PGTF), established by the United Nations in 1983, has been instrumental in promoting economic and technical collaboration among developing nations. Over the past four decades, the PGTF has supported over 400 projects benefiting 140+ countries, focusing on areas such as food security, renewable energy, trade, and technology.

For instance, in Uruguay, the PGTF facilitated refurbishment of small hydropower centers, enhancing access to sustainable energy in rural communities. Among others, in Africa, the Fund is supporting projects that strengthen food systems and empower women-led cooperatives.

By providing seed funding and fostering partnerships, the PGTF exemplifies principles of South-South cooperation, promoting shared knowledge and collective self-reliance among nations of the Global South.

The Role of Triangular Cooperation

While South-South cooperation is led and owned by developing countries, it is further strengthened through triangular cooperation – partnerships that bring together countries of the South, traditional donors, and multilateral organizations. These collaborations combine resources, expertise, and networks, amplifying the impact of development efforts.

A recent UNDP publication showcases how these partnerships are delivering results in environmental protection, disaster risk reduction, and gender equality, supporting global transformational shifts aligned to the SDGs.3

A notable example – with the support of the Republic of Korea – the UNOSSC PLINK initiative, focused on the Water-Energy-Food Nexus, is supporting vulnerable communities in the Lower Mekong Basin (Cambodia, Lao PDR, Thailand, and Viet Nam) to co-create and scale sustainable solutions to the compounding effects of climate change, unsustainable agriculture, and rapid urbanization. Such partnerships demonstrate the value of combining South-South leadership with global expertise.

To further institutionalize and expand the reach of such collaborations, UNOSSC has established a Triangular Cooperation Window under the United Nations Fund for South-South Cooperation (UNFSSC). Launched as a dedicated facility, the Triangular Cooperation Window is mobilizing resources, knowledge, and expertise from a wide range of stakeholders-including governments, UN entities, intergovernmental and non-governmental organizations, and private sector partners. Partnership to the Window has been provided by Colombia, Morocco, Portugal, and Spain.

A Call to Action

As we gather for the 22nd session of the High-level Committee on South-South Cooperation, and prepare for the 4th International Conference on Financing for Development, I urge all development partners and stakeholders to invest in the transformative potential of South-South and triangular cooperation.

Let us draw inspiration from the successes of the Global South and commit to sharing knowledge, building capacity, and mobilizing resources for sustainable development. Let us ensure that the voices and experiences of developing countries are at the heart of global decision-making.

1 Report of the Secretary-General on Measures taken by United Nations organizations to implement decision 21/1 of the High-level Committee on South-South Cooperation through support for South-South and triangular cooperation to accelerate the 2030 Agenda for Sustainable Development SSC/22/2
2 UNCTAD helps countries measure South-South cooperation
3 Strengthening South-South and Triangular Cooperation for People and Planet

Dima Al-Khatib is the Director of the United Nations Office for South-South Cooperation. She took up her duties as Director of UNOSSC on 1 March 2023. She is a Sustainable Development Professional bringing more than 25 years of leadership and management experience in several duty stations to her role. Prior to joining UNOSSC, Ms. Al-Khatib served as the UNDP Resident Representative in the Republic of Moldova. Prior to that, she held several positions including that of Programme and Policy Coordinator at the UNDP Regional Hub in Amman, UNDP Deputy Resident Representative in Kuwait, and UNDP Deputy Country Director in Libya.

Ms. Al-Khatib holds a Diplome d’Etudes Approfondies (DEA) in Environmental Health from the Lebanese University and France University of Bordeaux II, and a Bachelor of Science and a Teaching Diploma in Environmental Health from the American University of Beirut. Dima Al-Khatib tweets at @dimaalkhatib

IPS UN Bureau

 


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The World Must Respond to Africa’s Forgotten Crises

Education is a humanitarian lifeline for the world’s most vulnerable children. Our investment in their education today is an investment in global security, economic stability and continued growth in the 21st century.

By Yasmine Sherif
NEW YORK, May 26 2025 (IPS-Partners)

The challenges facing many parts of the African continent today are vast and immense. From the surge in violence in eastern Democratic Republic of the Congo to all-out-war in Sudan, years of progress are being obliterated by bombs, killings and other grave violations of international law.

The single best investment we can make in addressing these multiplying humanitarian crises is an investment in the vast potential and talents of Africa’s younger generations. By investing in their education, we empower them to prevent conflicts, end extreme poverty and ensure economic development, peace and stability. Without investing in education as part of this broader vision, none of these imperatives will be materialized.

The returns on investment are significant. As noted by the World Bank, foundational learning has the potential to double the GDP per capita in sub-Saharan Africa by 2050.

Responding to the education funding gap

Many traditional donor countries have dramatically reduced humanitarian aid in the past year, with recent analysis from UNESCO revealing a concerning drop of 14% in global aid to education. Yet, we all want to see a stable and prosperous Africa – a continent that deserves no less.

Still, Africa is falling even further behind. Estimates from UNESCO indicate that, worldwide, there is a US$100 billion funding gap to reach the goal for universal education as outlined in the 2030 Agenda for Sustainable Development, with US$70 billion of this gap found in sub-Saharan Africa.

Learning poverty is a concerning global trend. Nowhere is this more pressing than across Africa. Around four out of five African children cannot read or understand a simple text by age 10, according to UNESCO, and many struggle with basic numeracy skills.

Compounding challenges like conflict, climate change and forced displacement are derailing development gains and impeding access to life-saving education in humanitarian crises – an investment that is indispensable to achieve peace and economic prosperity. According to the recent global estimates study by Education Cannot Wait (ECW), about half of the world’s 234 million crisis-impacted school-aged children reside in sub-Saharan Africa.

An entire generation is being left behind. “Although 75 million more African children are enrolled in school today compared to 2015, the number of out-of-school children has increased by 13.2 million to over 100 million during the same period,” according to the 2025 Transforming Learning and Skills Development in Africa report.

You cannot have sustainable economic growth without stability. And you cannot achieve stability without education. Africa is a continent on the move, a continent of forced displacement as a consequence of armed and violent conflicts, as well as climate change.

“In 2020, 21 million Africans were living in another African country. Since 1990, the number of African migrants living outside of the region has more than doubled, with the growth in Europe most pronounced. In 2020, most African-born migrants living outside the region were residing in Europe (11 million), Asia (nearly 5 million) and North America (around 3 million),” according to the World Migration Report.

Our collective failure to respond to this pressing education crisis will have dire global consequences.

The situation in eastern Democratic Republic of the Congo

Just look at the terrifying situation unravelling in eastern Democratic Republic of the Congo (DRC). This region has been plagued by violence for decades, but it’s gotten much, much worse in recent months.

In all, there are an estimated 3.5 million forcibly displaced children in DRC today. Millions risk unimaginable violations of their human rights, including killing, maiming, abduction and forced recruitment into armed groups. There are also unconscionable accounts of sexual violence against girls. In eastern DRC, a child is reported raped every half an hour, according to UNICEF.

How can we tolerate the magnitude and depth of young girls and boys being systematically raped and killed? “More than 79 million girls and women – over 1 in 5 – across sub-Saharan Africa have experienced rape or sexual assault before turning 18,” according to UNICEF. Let’s put that number in perspective. That’s more than the total population of Australia and Spain combined.

For the children living in the midst of this chaos and fear, the options are limited. For girls, it’s a future as a child bride, continued poverty and early pregnancies. For boys, it might look like forced recruitment into terrorist organizations and other armed groups, forced labour or migration. For the world, this means growing forced displacement and migration, deeper and more widespread insecurity across the Global South, unstable markets, unstable populations and unstable futures.

The consequences of the war in Sudan

The situation in Sudan is soul-shattering and must end now. Recent estimates indicate that 30 million people require humanitarian assistance, including 16 million children. More than 12 million people have been displaced inside and outside Sudan since April 2023, straining education systems, budgets and capacity in neighbouring countries.

In all, the conflict and continuing challenges – including forced displacement, climate change, poverty and other factors – have left about 16.5 million children out of school in Sudan.

Education is the solution

As the global fund for education in emergencies and protracted crises in the United Nations, Education Cannot Wait (ECW) and its strategic partners are making a value proposition to increase humanitarian funding for education in Africa and beyond. In doing so, we contribute to joint programming on education, hence the broader goal of peace, stability and economic development.

There is a strong economic argument to be made. Africa is the youngest, fastest growing continent on earth – 6 out of 10 people are under the age of 25.

Within all that youth and energy lies opportunity. According to the World Bank, there is a 10% increase in hourly earnings for every extra year of schooling.

At the same time, taken at a macro-economic level, the opportunity costs are unprecedented. “This generation of students now risks losing a combined total of US$21 trillion in lifetime earnings in present value, or the equivalent of 17% of today’s global GDP – a sharp rise from the 2021 estimate of a US$17 trillion loss.”

The returns on investment in sub-Saharan Africa may be even more substantial, with some analyses indicating that every US$1 invested in tripling pre-primary education enrolment can generate up to US$33 in returns.

A lasting legacy

Education – as a transformative, immediate, life-saving and long-term investment –breaks cycles of poverty, displacement and conflict. Only then can we achieve peace, stability and economic development.

Deep inside us, we all agree that we can do better as a global community. We all know, instinctively, that the world would be a better place if we reduced global military spending – topping US$2.7 trillion – and instead invested in education, health, governance, infrastructure and livelihoods. We do know that we can be creative and turn vision into practical results. All it takes is investing just 0.02% (US$600 million) of this into education – and similar amounts into other sectors – which, together, provide the transformational power to build stability, spread peace and generate significant economic returns. This is not just logic. This is a legacy worth living.

 


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Excerpt:

Africa Day Statement by Education Cannot Wait Executive Director Yasmine Sherif

Islands are Solutions: the Case for Island-Ocean Coalitions

Robinson Crusoe Island, Chile in the Juan Fernandez Archipelago is home to a community of about 1,000 people who depend on the island’s natural resources. Credit: Jose Cabello/Island Conservation

By Penny Becker, Stuart Sandin and Wes Sechrest
SEATTLE, Washington / SAN DIEGO, California / AUSTIN, Texas , May 26 2025 – As the world confronts escalating climate impacts, biodiversity loss, and ocean degradation, islands stand as critical test cases—not just as sites of vulnerability, but as living laboratories of resilience, restoration, and innovation. Too often, they are framed as victims of global circumstances, awaiting salvation from external forces.

But they have long been proving grounds for ecological restoration, climate adaptation, and scalable conservation solutions that both draw from and help protect Indigenous and local knowledge, cultural practices, and local economies of island communities.

From the Republic of Seychelles’ pioneering blue bonds, which finance marine protection in the Westen Indian Ocean, to New Zealand’s ambitious Predator Free 2050 initiative restoring native bird populations and ecosystems, to the Galapagos Islands improving livelihoods and rewilding species on the brink of extinction, islands have time and again demonstrated that large-scale ecological recovery is both possible and rapid.

Mona Island, Puerto Rico is one of the most ecologically and culturally important islands in the archipelago. Credit: Tommy Hall/Island Conservation

Their contained ecosystems allow for swift, measurable results, making them ideal places to refine and implement nature-based strategies that can be expanded globally.

The interconnectedness of islands and oceans is deeply understood by Indigenous communities, whose knowledge systems have emphasized this direct relationship for centuries. Holistic island restoration directly benefits ocean health, as terrestrial ecosystems play a vital role in nutrient cycling that support marine biodiversity and ecosystems – for instance, seabirds return nutrients to land from marine environments of hundreds or even thousands of miles away.

Removing human-introduced, damaging invasive species from islands, for instance, dramatically improves native wildlife populations, bolsters coral reef health, and enhances local food security.

That’s why Island Conservation, Scripps Institution of Oceanography at UC San Diego, and Re:wild came together to found the Island-Ocean Connection Challenge (IOCC) in 2022. We launched this initiative to learn from and partner with Indigenous Peoples and local communities, whose wisdom bridges the gap between island, coastal, and marine ecosystem management, recognizing the profound link between terrestrial and ocean restoration.

By collaborating with island communities, their governments, NGOs, scientists, and funders, we aim to holistically restore 40 globally significant island-ocean ecosystems from ridge-to-reef by 2030. Twenty island-ocean ecosystems, from Palau to New Zealand to France and more, have already joined the challenge. And, to date, fifty IOCC partners have pledged to help advance this global vision and island restoration portfolio.

The IOCC’s work is based on the irrefutable evidence of impact we gathered from projects across the globe. Consider these success stories: on Palmyra Atoll (in the Pacific’s Northern Line Islands), removing invasive predatory rats led to a 5,000 percent increase in native trees, which strengthened surrounding coral reef ecosystems that now host more Manta Rays.

On Loosiep Island in the Federated States of Micronesia, restoration interventions improved traditional agriculture practices, reducing reliance on imported food. And in French Polynesia, the Critically Endangered Polynesian Storm-petrel has returned to nest on Kamaka Island for the first time in 100 years—less than two years after ecosystem restoration efforts began.

Around the world, these revitalized habitats capture more carbon, provide more storm resilience, and protect unique endemic plant communities, support healthier local fisheries, and enrich marine ecosystems. These restored islands demonstrate the power of nature’s resilience when native species are once again given the chance to thrive and rewild their ecosystems.

These wins are more than just community conservation and environmental victories—they’re stories of hope: tangible solutions to the triple planetary crisis of climate change, biodiversity loss and ocean degradation. Studies have shown that restored islands can capture millions of metric tons of carbon, resist coastal erosion, bolster food security for local communities, nurture up to fifty percent more fish, and grow coral reefs up to four times faster.

These successes on islands are scalable; the discrete geographic scale of islands allows for systematic restoration efforts with impacts that reach far beyond their shores.

For those who care about ocean health, investing in terrestrial restoration is critical. The fate of marine ecosystems is tied to the health of island environments and vice-versa. For those who care about island communities and nature, investing in adjacent ocean ecosystem restorations is also undebatable. Ignoring these connections risks overlooking one of the most effective levers for ocean and island resiliency. Visible gains for local communities foster greater engagement in ocean protection efforts.

The capacity of large oceanic island states and territories to model solutions for global crises is outsized. By shifting our perspective of islands as hubs of innovation, restoration, and resilience we can truly harness the power of “our sea of islands”, unlocking their full potential—not just to safeguard their own futures, but to inform the recovery and health of our entire planet.

The choice is clear: invest in island-ocean system resilience with local communities now, or lose irreplaceable biodiversity, cultural heritage, and proven solutions to our most pressing global challenges. The world’s island communities are ready to lead. There is no better time than now to step up for islands.

Dr. Penny Becker is CEO, Island Conservation; Dr. Stuart Sandin is Biological Oceanography Professor, Center for Marine Biodiversity and Conservation, Scripps Institution of Oceanography & Wes Sechrest is CEO, Re:wild

IPS UN Bureau

 


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Bitget Lists World Liberty Financial's USD1 (USD1) Token for Spot Trading

VICTORIA, Seychelles, May 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of USD1, adding it to spot trading. World Liberty Financial's USD1 is a fiat–backed stablecoin pegged 1:1 with US Dollars. Trading for USD1/USDT and USD1/USDC trading pair will begin on 26 May 2025, 10:00 (UTC), with withdrawals available on 27 May 2025, 11:00 (UTC).

The USD1, issued by the Trump family–affiliated World Liberty Financial, is designed to streamline digital transactions by enabling seamless conversion between fiat currency and digital assets. Its recent integration and growing popularity marks a major step toward broader adoption, allowing the stablecoin to operate across multiple blockchains. Through strategic partnerships, USD1 is accelerating its integration within the decentralized finance ecosystem.

As Bitget continues to curate unique and influential assets within its innovation zone, the listing of USD1 signifies growing demand for stablecoin ecosystems.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON.

The addition of USD1 into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing niche communities and fostering innovation in decentralized economies, further strengthening its role as a gateway to diverse Web3 projects.

For more details on USD1, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real–time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world–class multi–chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3dccde4–3a2a–4131–8c07–59dbf02e4c59


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