In El Paso, Texas, according to CNN, the Federal Aviation Administration (FAA) has closed airspace for ten days, citing "special security reasons." And this move is fueling speculation online.
According to CNN reporters Karina Tsui and Diego Mendoza, "A notice by the FAA classifies the airspace as '(National) Defense Airspace' and says pilots who violate the restriction could be intercepted, detained and questioned by law enforcement. It warns that additional actions could be taken for pilots who don’t adhere to the restrictions, including suspension of flight certifications, criminal charges, and that the U.S. government 'may use deadly force' if an aircraft poses an 'imminent security threat.'"
Early Wednesday morning on CNN, Bob Moore — CEO of El Paso Matters — explained, "It's essentially a no-fly zone now that includes military aircraft medical evacuation helicopters, law enforcement, nothing. Nothing can fly. We've never seen anything like this here at least since. Since 9/11, when everything was grounded. The FAA is not talking. I was able to get through to an FAA official who actually was the one who put out the notice. And he said he couldn't even tell me what it was about, not because he didn't want to, but because he didn't know."



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more