Crypto Short News
Crypto ETF May 30, 2025 10:39 UTC
Canary Files for First-Ever Staked CRO ETF
Canary has officially submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) backed by staked Cronos ($CRO). If approved, this would mark the first staked $CRO ETF in the U.S. market, offering investors exposure to both the token’s value and staking rewards. The move reflects growing interest in staking-based investment products and aims to bring more accessibility and legitimacy to the broader crypto ETF space.
Exchange News May 29, 2025 13:20 UTC
Bybit Gets Green Light to Operate in EU Under New Crypto Rules
Bybit has officially received a MiCA license from Austria’s Financial Market Authority (FMA), allowing it to operate legally under the European Union’s new crypto regulation framework. This approval means Bybit is now fully compliant with the Markets in Crypto-Assets (MiCA) rules, which aim to bring clear standards and more stability to the crypto market across Europe. The license marks a major step for Bybit as it continues to expand its presence and offer secure services within the European crypto space.
Crypto news May 29, 2025 05:28 UTC
$57M in USDC Frozen by Circle Amid LIBRA Token Lawsuit
Circle has frozen two wallets holding $57 million in USDC following a U.S. federal court order tied to a class-action lawsuit involving the LIBRA memecoin. The freeze comes as part of an ongoing legal battle over the controversial token. A court hearing is scheduled for June 9 to determine whether the funds will remain frozen. This move highlights growing legal pressure on projects tied to memecoins, as regulators and courts take a closer look at investor protections.
Bitcoin May 29, 2025 05:26 UTC
Metaplanet Bets Bigger on Bitcoin with $21M Zero-Interest Bond Raise
Metaplanet has issued another $21 million in zero-interest bonds to buy more Bitcoin, strengthening its commitment to the digital asset. This bold move enables the company to expand its BTC holdings without incurring any interest, demonstrating confidence in Bitcoin’s long-term potential. As traditional financial strategies face growing uncertainty, Metaplanet is turning to crypto as a key part of its strategy. The latest purchase is part of its ongoing effort to build a strong Bitcoin-backed treasury.
Bitcoin May 28, 2025 13:30 UTC
Jetking Buys More Bitcoin, Now Holds 21 BTC
Jetking has added 5.98 BTC to its holdings for $617,143 at an average price of $110,975 per Bitcoin. This brings its total Bitcoin stash to 21 BTC, acquired for approximately $1.59 million at an average of $75,081 per BTC. As of May 28, 2025, Jetking has achieved a strong year-to-date Bitcoin yield of 31.05%, reflecting both strategic timing and growing confidence in the crypto market.
Bitcoin May 28, 2025 11:01 UTC
GameStop Buys $512 Million in Bitcoin, Adding 4,710 BTC to Its Holdings
GameStop ($GME) has purchased 4,710 Bitcoin, worth approximately $512 million, marking a major investment in cryptocurrency. This move signals the company’s growing interest in digital assets and diversification beyond its traditional retail business. By adding Bitcoin to its portfolio, GameStop joins other major companies embracing crypto as part of their financial strategy. The purchase highlights increasing corporate confidence in Bitcoin’s long-term value and its role in the future of finance.
Crypto news May 28, 2025 11:00 UTC
Telegram Raises $1.5B in Bonds to Pay Off Debt
Telegram is planning to issue $1.5 billion in five-year bonds with a 9% interest rate to repay its 2021 debt. Major investors like BlackRock, Mubadala, and newcomer Citadel are backing the deal. The bonds come with an option for investors to convert them into equity at a discount if Telegram goes public. This move aims to strengthen Telegram’s financial position while preparing for a potential future IPO.
Crypto Scam May 28, 2025 10:59 UTC
ZachXBT Calls Out James Wynn Over Token Scam Allegations
ZachXBT has strongly denied James Wynn’s claim that a conspiracy group is using his name to launch scam tokens at price peaks. He accused James of repeatedly running similar meme coin scams on his own followers over the years. Back in July 2024, Dylan accused James of getting 2% of the Babypepe token supply and slowly selling it after pumping the price. The ongoing dispute highlights growing tensions around token scams in the community.
Crypto ETF May 28, 2025 08:57 UTC
SEC Advances Review of WisdomTree XRP Spot ETF Proposal
The SEC has officially moved forward in reviewing Cboe BZX Exchange’s proposal to list the WisdomTree XRP Fund. This fund aims to track XRP’s spot price using the CME CF Ripple-Dollar Reference Rate. The SEC has entered a new evaluation phase to decide if the fund meets legal standards under the Securities Exchange Act of 1934. No approval or rejection has been made yet, as the application continues through the review process.
Hack May 28, 2025 07:57 UTC
Sui Community Approves Return of $162M in Stolen Cetus Funds
The Sui community has voted to return stolen assets from the Cetus Protocol, with nearly 53% supporting the proposal. Following the decision, a multisig wallet managed by the Sui Foundation and OtterSec will recover and transfer approximately $162 million in frozen funds from the attacker’s address. This action is a key step toward rebuilding trust and strengthening security within the Sui ecosystem after the Cetus incident.
Bitcoin May 28, 2025 06:26 UTC
Jack Dorsey’s Block to Launch Bitcoin Payments on Square by 2026
Jack Dorsey’s company, Block, Inc., plans to let Square merchants accept Bitcoin payments using the Lightning Network. Announced at the Bitcoin 2025 conference, the rollout will start in late 2025 and expand to all eligible sellers by 2026, pending regulatory approval. Merchants can choose to keep the Bitcoin or automatically convert it to cash instantly. This move aims to make Bitcoin payments faster and cheaper using Square’s existing hardware.
Bitcoin May 28, 2025 06:13 UTC
El Salvador Buys More Bitcoin Despite IMF Pressure to Pause
El Salvador has added eight more bitcoins to its holdings, defying the IMF’s push to halt government crypto purchases tied to a $1.4 billion loan deal. The Bitcoin Office announced the move shortly after IMF staff praised the country’s economic reforms during a loan review. While the IMF acknowledged progress in fiscal policy and inflation control, it repeated its call to reduce the government’s involvement in crypto activities. El Salvador now holds nearly 6,200 BTC, valued at over $674 million, showing little sign of backing down.
Hack May 28, 2025 06:02 UTC
Cetus Seeks Community Vote to Recover $162 Million After Sui Hack
Following a $223 million hack that affected the Sui ecosystem, decentralized exchange Cetus has proposed a recovery plan to recover $162 million frozen in the hacker’s wallets. This plan depends on a community vote, needing over 50% participation and majority support to approve a protocol upgrade that would override the attacker’s control. If successful, the funds will be moved to a multisig wallet managed by Cetus, the auditing firm OtterSec, and the Sui Foundation. SUI holders can delegate their votes to validators to help decide the outcome.
Fintech Company May 28, 2025 05:23 UTC
Metaplanet raises $50M via zero-interest bonds for Bitcoin.
Metaplanet has raised $50 million by issuing 0% coupon bonds in a bold move to buy more Bitcoin. The Japan-based investment firm continues to double down on its crypto strategy, showing strong confidence in Bitcoin’s long-term value. By opting for zero-interest bonds, Metaplanet avoids extra debt costs while boosting its BTC holdings. This move signals growing institutional interest in Bitcoin, especially as traditional finance starts to take crypto more seriously. It’s a clear bet on the future of digital assets.
Bitcoin May 27, 2025 13:21 UTC
Trump Media Launches $2.5 Billion Plan to Build Bitcoin Treasury
Trump Media has announced a $2.5 billion plan to build a Bitcoin treasury reserve. This move aims to strengthen the company’s financial position by investing in the popular cryptocurrency. By creating a Bitcoin reserve, Trump Media hopes to take advantage of Bitcoin’s growth potential and show confidence in digital assets. This plan highlights the increasing interest in Bitcoin among major companies looking for new ways to diversify their holdings and secure their future.
Ethereum May 27, 2025 13:00 UTC
SharpLink Bets Big on Ethereum with $425M Investment Deal
SharpLink, a U.S.-listed company, has announced a $425 million PIPE (Private Investment in Public Equity) deal, with Consensys leading the investment. The agreement includes issuing around 69.1 million shares at $6.15 each, and the deal is expected to close by May 29. The company plans to use the funds to purchase Ethereum (ETH), making it its primary treasury reserve asset. This bold move highlights growing corporate interest in crypto as a long-term store of value and treasury diversification strategy.
Crypto ETF May 27, 2025 12:27 UTC
21Shares Files for $SUI ETF Listing on Nasdaq
21Shares has applied to the Nasdaq to list a new ETF focused on the $SUI token. This ETF would give investors an easy and regulated way to invest in $SUI through traditional markets. Approval could expand crypto investment options on well-known exchanges. This move reflects the rising interest in making digital assets more accessible to everyday investors. Many are now waiting to see how Nasdaq will respond to the application.
Crypto news May 27, 2025 11:50 UTC
Circle Heads to NYSE with IPO Plans
Circle Internet Group has filed for an IPO on the New York Stock Exchange. The company plans to offer 24 million Class A shares, with 9.6 million coming directly from Circle and 14.4 million from existing stakeholders. The shares are expected to be priced between $24 and $26 and will trade under the ticker symbol ‘CRCL’. This move marks a major step for the stablecoin giant as it aims to go public and expand its reach.
Crypto news May 27, 2025 09:46 UTC
Thailand Lets Tourists Use Crypto with Credit Cards
Thailand is taking a big step toward modernizing its financial system. Soon, tourists will be able to use cryptocurrency through their credit cards, making spending easier and more flexible. Alongside this, the government is working on major financial reforms to bring traditional banking and digital assets closer together. These changes aim to create a smoother, more unified market that welcomes both old and new forms of money. It’s a clear sign Thailand is embracing the future of finance.
Exchange News May 27, 2025 06:45 UTC
BitMEX Introduces Multi Asset Margining with $XRP and $RLUSD Support
BitMEX has launched a new feature called Multi Asset Margining, allowing users to trade derivatives using multiple currencies. Now, $XRP can be used as margin for derivatives trading, alongside $RLUSD, which is also live on the platform. Traders can use USDT, USDC, ETH, BTC (XBT), and more to open positions, making trading more flexible and convenient. This update aims to enhance the overall user experience on BitMEX.
Crypto news May 27, 2025 06:43 UTC
“Crypto Dad” Joins Swiss Bank Sygnum to Boost Global Crypto Growth
Former CFTC Chair Christopher Giancarlo, known as “Crypto Dad” for his pro-crypto views, has joined Swiss crypto bank Sygnum as a senior policy advisor. He will help guide the bank’s global regulatory strategies and build partnerships with institutions. Giancarlo’s move comes as Sygnum expands into markets like Singapore and the UAE, following a successful $58 million funding round. His experience is expected to strengthen Sygnum’s position in the growing crypto industry.
Bitcoin May 27, 2025 05:56 UTC
Michael Saylor Warns Against Onchain Proof-of-Reserves at Bitcoin 2025
At Bitcoin 2025, Michael Saylor, Executive Chairman of Strategy, called on-chain proof-of-reserves “a bad idea.” He explained that sharing wallet addresses can expose companies to risks, making them vulnerable to tracking and security threats. Saylor warned that this could weaken the safety of issuers, custodians, and investors. He added that AI could easily identify many security flaws, putting firms at long-term risk. His message was clear: On-chain proof-of-reserves may do more harm than good.
Fintech Company May 26, 2025 12:10 UTC
Michael Saylor’s Strategy Purchases 4,020 BTC
Strategy has acquired 4,020 bitcoins, spending about $427.1 million at an average price of $106,237 per coin. This move adds to their already significant bitcoin stash. As of May 25, 2025, the total bitcoin holdings stand at an impressive 580,250 BTC. This continued accumulation highlights their strong commitment to Bitcoin as a key asset in their portfolio. The scale of this purchase underlines confidence in bitcoin’s long-term value.
Crypto news May 26, 2025 11:47 UTC
SBF’s Early Release Set for 2044; Caroline Ellison to Get Out by 2026
Sam Bankman-Fried, former FTX CEO, sentenced to 25 years for fraud, is now expected to be released early on December 14, 2044. This is over four years ahead of schedule, thanks to good behavior, prison programs, and time served before sentencing. Meanwhile, Caroline Ellison, former Alameda CEO, is likely to be released by May 2026. Both early releases highlight how credits and detention time can reduce prison sentences.
Exchange News May 26, 2025 11:24 UTC
Bybit Adds Native USDC Support to Aptos Network
Bybit has launched native USDC support on the Aptos blockchain. Starting May 26 at 10:00 UTC, users can deposit USDC on Aptos, with withdrawals available from May 29 at 10:00 UTC. Aptos joins popular blockchains like Ethereum and Solana in offering native USDC issuance. This update makes it easier for Bybit users to manage USDC across multiple networks, enhancing flexibility and convenience in their crypto transactions.
Bitcoin May 26, 2025 09:50 UTC
Florida Moves to Eliminate Capital Gains Tax on Bitcoin
Florida has introduced a new bill aiming to remove capital gains taxes on Bitcoin transactions. If passed, this would make Florida one of the most crypto-friendly states in the U.S. The bill is designed to encourage Bitcoin adoption by reducing tax burdens on holders and investors. Supporters say it could boost innovation and attract crypto businesses to the state. The proposal is now under review and could set a trend for other states to follow.
Fintech Company May 23, 2025 12:37 UTC
Semler Scientific Boosts Bitcoin Holdings, Sees 25.8% Yield in 2025
Semler Scientific has acquired an additional 455 Bitcoins for $50 million, increasing its total holdings to 4,264 BTC. The move highlights the company’s growing confidence in Bitcoin as a strategic asset. Year-to-date, Semler has generated an impressive 25.8% yield from its BTC holdings. As more companies explore crypto as part of their treasury strategy, Semler stands out for its aggressive and rewarding approach in embracing Bitcoin’s long-term potential.
Fintech Company May 23, 2025 10:17 UTC
Metaplanet Becomes Japan’s Most Traded Stock
Metaplanet has claimed the number one spot as Japan’s most traded stock. Today, a massive 158.8 million shares changed hands, with a total trading value of ¥132 billion ($921 million). This surge in activity highlights growing investor interest and the stock’s rising prominence in Japan’s market. Metaplanet’s strong performance is turning heads and setting new records in trading volume.
Crypto news May 23, 2025 10:11 UTC
Binance’s CZ Denies Fixer Role in Trump-Linked Crypto Project
Binance founder CZ has denied claims from a recent Wall Street Journal report accusing him of acting as a “fixer” for the Trump-affiliated crypto project World Liberty Foreign (WLF). CZ called the report’s questions biased and based on incorrect facts. He stressed that he had no involvement in WLF’s dealings or any personal connections with the officials mentioned. CZ’s response aims to clear up misunderstandings and set the record straight.
Crypto ETF May 23, 2025 05:38 UTC
SEC Acknowledges Canary Capital’s Staked TRX ETF Filing
The SEC has officially acknowledged Canary Capital’s filing for a Staked TRX ETF. This step moves the proposal closer to approval, potentially allowing investors to gain exposure to staked TRON ($TRX) through an easy-to-access exchange-traded fund. If approved, it could open new opportunities for crypto investors looking to benefit from staking rewards while investing in a regulated product. This marks another important moment in the growing crypto ETF landscape.
Stablecoin May 23, 2025 05:35 UTC
Wall Street Giants Join Forces to Launch Regulated Stablecoin
JPMorgan, Bank of America, Citi, and Wells Fargo are teaming up to create a regulated stablecoin. This move aims to modernize digital payments by making them faster, safer, and more reliable. By working together, these big banks want to offer a trusted alternative to crypto-native stablecoins and reshape how money moves digitally. This collaboration signals a new phase where traditional finance meets digital innovation for everyday transactions.
Stablecoin May 22, 2025 13:22 UTC
USD1 Stablecoin Goes Live on Binance, Reaching 270 Million Users
USD1 stablecoin is now listed on Binance, the world’s largest crypto exchange, making it accessible to over 270 million users worldwide. Fully backed by U.S. Treasuries, USD1 offers a secure and reliable digital currency option. This move helps strengthen the bridge between traditional finance and the crypto world, supporting wider adoption of stablecoins. With its strong backing and broad availability, USD1 is positioned to play a key role in the future of decentralized finance.
Ripple (XRP) May 22, 2025 13:17 UTC
Braza Group Launches USDB Stablecoin on XRP Ledger
Braza Group has launched USDB, a new stablecoin on the XRP Ledger (XRPL), a fast and decentralized blockchain built for real-world asset exchange. Pegged 1:1 to the U.S. dollar, USDB is fully backed by assets like U.S. and Brazilian government bonds. The stablecoin is also regularly audited to ensure transparency and trust. With its launch on XRPL, USDB aims to offer a secure and efficient way to move value across borders while supporting real-world financial use cases.
Fintech Company May 22, 2025 12:04 UTC
Michael Saylor Plans $2.1 Billion Stock Sale to Buy More Bitcoin
Michael Saylor is set to raise up to $2.1 billion by selling 10% preferred stock. The funds from this sale will be used to purchase more Bitcoin, continuing his strong commitment to the cryptocurrency. This move reflects his belief in Bitcoin’s long-term value and growth potential. By leveraging preferred stock, Saylor aims to boost his Bitcoin holdings and reinforce his position in the market. Investors are closely watching this bold strategy unfold.
Exchange News May 22, 2025 11:35 UTC
SUI DEX Cetus Hacked — $11M Drained, Tokens Crash Over 75%
Cetus, a leading decentralized exchange (DEX) on the SUI blockchain, has suffered a major hack. The attacker drained $11 million worth of SUI tokens from the SUI/USDC liquidity pool, causing a sharp drop of over 75% in most token prices. The pool was nearly emptied, severely impacting trading activity. Cetus has confirmed the incident and is actively investigating. Users are advised to stay cautious while updates unfold on the situation. The event highlights ongoing security challenges in the DeFi space.
Exchange News May 22, 2025 08:20 UTC
Binance to List World Liberty Financial USD (USD1)
Binance will list World Liberty Financial USD (USD1) on May 22, 2025, at 12:00 UTC. The exchange will open the USD1/USDT spot trading pair. USD1 is a US dollar-backed digital asset created by World Liberty Financial (WLFI). It is issued and managed by BitGo Trust Company, offering users a secure and stable digital currency option. This listing marks a new opportunity for traders seeking reliable stablecoin options on Binance.
Crypto ETF May 21, 2025 13:45 UTC
Canary Refiles with New Name for Solana ETF Push
Canary has filed an amended application for its Solana ETF, now named the “Canary Marinade Solana ETF.” This move signals growing interest in Solana-based investment products as demand for crypto ETFs continues to rise. While still awaiting regulatory approval, the rebranded ETF aims to offer investors exposure to Solana’s ecosystem. If approved, it could mark another step toward broader mainstream adoption of crypto assets through traditional financial instruments. Stay tuned for further updates.
Crypto news May 21, 2025 11:34 UTC
Bloomberg System Outage Disrupts UK Debt Auction and Market Updates
Bloomberg experienced a system outage on Wednesday that delayed UK government bond sales and disrupted real-time market data for traders worldwide. The disruption affected customer activity and caused delays in the UK debt auction, impacting global markets. A Bloomberg spokesperson confirmed that their systems are now returning to normal and Terminal functionality has been fully restored following the earlier service interruption. Markets are expected to stabilize as operations resume smoothly.
Stablecoin May 21, 2025 10:21 UTC
Hong Kong Moves Forward with Stablecoin Licensing
The Hong Kong Legislative Council has passed the Stablecoin Bill, clearing the way for regulated stablecoin issuers. Starting later this year, institutions can apply to the Hong Kong Monetary Authority to become licensed stablecoin providers. The new rules require stablecoins to be fully backed by legal tender, aiming to increase trust and security in the market. This move is expected to boost innovation while protecting investors in Hong Kong’s growing digital currency space.
Bitcoin May 21, 2025 10:20 UTC
Nasdaq-Listed BTCS Buys $8.4M in ETH
BTCS, a Nasdaq-listed blockchain firm, has bought 3,450 ETH for about $8.42 million, paying an average of $2,441 per ETH. This move increases its total Ethereum holdings to roughly 12,500 ETH, a 38% jump since the end of Q1 2025. Earlier, BTCS secured a $57.8 million funding deal with ATW Partners through convertible notes, aimed at supporting further ETH acquisitions. The company continues to double down on Ethereum as part of its long-term crypto strategy.
Crypto Regulations May 21, 2025 06:19 UTC
South Korea Tightens Crypto Rules as New Policies Roll Out
Starting June 2025, South Korea will allow non-profits to sell donated cryptocurrencies and let exchanges convert user fees paid in crypto. At the same time, the Financial Services Commission (FSC) is stepping up efforts to prevent money laundering by enforcing stricter KYC (Know Your Customer) rules. Exchanges and banks must improve their identity checks and anti-money laundering controls ahead of lifting the institutional ban next month. These changes aim to make the crypto market safer and more transparent.
Crypto ETF May 21, 2025 06:06 UTC
SEC Delays Decisions on XRP, Dogecoin, and Ethereum ETF Proposals
The U.S. SEC has postponed its decisions on several crypto ETF proposals, including 21Shares Core XRP Trust, Grayscale XRP Trust, and Grayscale Dogecoin Trust. The agency is also delaying its decision on Bitwise’s Ethereum ETF with staking. The SEC has called for public comments on these proposals, signaling a longer review process. As interest in crypto ETFs grows, these delays highlight the regulatory caution surrounding digital asset investment products in the U.S.
Bitcoin May 21, 2025 05:54 UTC
Texas Moves Closer to Building a Strategic Bitcoin Reserve
The Texas House of Representatives has approved the Strategic Bitcoin Reserve Bill (SB 21) on its second reading, bringing the state closer to officially investing in Bitcoin. The bill aims to create the “Texas Strategic Bitcoin Reserve,” allowing Texas to include Bitcoin in its financial portfolio. With the Senate’s support secured, the proposal now awaits the governor’s final approval. As the world’s 8th largest economy, Texas is poised to enter the crypto space in a big way.
Crypto news May 21, 2025 05:09 UTC
SEC Charges Unicoin and Executives for $110 Million Fraud
The SEC has charged New York-based Unicoin and three of its top executives with fraud. They are accused of misleading over 5,000 investors to raise $110 million. According to the SEC, Unicoin promised big returns but failed to deliver, putting investors at risk. The case highlights the importance of caution when investing in crypto projects and holding companies accountable for dishonest practices. The investigation is ongoing.
Fintech Company May 20, 2025 13:14 UTC
KULR Technology Expands Bitcoin Portfolio with $9 Million Purchase
KULR Technology has acquired 83.3 Bitcoins for around $9 million, at an average price of $103,234 each. This latest purchase brings their total Bitcoin holdings to 800 BTC. The company’s continued investment highlights its strong belief in Bitcoin’s long-term value. By steadily increasing their crypto assets, KULR is preparing to capitalize on Bitcoin’s future growth potential.
Bitcoin May 20, 2025 13:13 UTC
Standard Chartered Predicts Bitcoin to Reach $500,000 by 2028
Standard Chartered, a $1 trillion global bank, has forecasted that Bitcoin could soar to $500,000 by 2028. The bank believes increasing adoption, limited supply, and growing interest from institutions will drive Bitcoin’s price higher in the coming years. This bold prediction highlights Bitcoin’s potential as a major investment asset and signals growing confidence in cryptocurrencies from traditional financial players. Investors are watching closely as digital currency continues to gain mainstream traction.
Exchange News May 20, 2025 13:12 UTC
Robinhood Pushes SEC to Regulate Real-World Asset Tokens
Robinhood has submitted a proposal to the SEC to create clear rules for real-world asset (RWA) tokens. The goal is to bring traditional assets like real estate and stocks onto the blockchain in a regulated way. This move could help connect Wall Street with the growing digital market and unlock a potential $30 trillion opportunity. By setting standards, Robinhood aims to make investing in tokenized assets safer and more accessible for everyone.
Crypto news May 20, 2025 12:27 UTC
Binance Moves to Dismiss FTX’s $1.76 Billion Lawsuit
Binance has officially asked the court to dismiss FTX’s $1.76 billion lawsuit. The company says the accusations are without merit and baseless. Binance also argues that U.S. courts don’t have the authority to handle this case. This legal move is part of Binance’s effort to defend itself against the claims and challenge the lawsuit’s validity. The case highlights ongoing tensions between the two crypto giants.
Exchange News May 20, 2025 12:25 UTC
KrakenFX Expands in EU Following Cypriot License Grant
KrakenFX is expanding its derivatives business in Europe after receiving approval for a Cypriot license. This move allows the company to offer more trading options and services within the EU. By securing this license, KrakenFX aims to strengthen its presence and better serve European customers. The expansion highlights KrakenFX’s commitment to growth and meeting regulatory standards in key markets, positioning itself as a stronger player in the competitive derivatives space.
Crypto Regulations May 20, 2025 06:16 UTC
Indian Supreme Court Backs Crypto Regulation Over Ban
The Supreme Court of India has made it clear that cryptocurrency should be regulated, not banned. The Court pointed out that profits from Bitcoin are already taxed at 30%, which shows that crypto is legally recognized to some extent. If it’s being taxed, it makes sense to regulate it properly. This statement marks a major step toward clearer crypto laws in India, signaling a shift toward acceptance and proper oversight of digital assets.
Fintech Company May 19, 2025 12:34 UTC
Strategy Hit with Class Action Over Alleged Misleading Bitcoin Claims
Strategy (formerly MicroStrategy) is facing a class action lawsuit over allegations of making misleading statements about its Bitcoin strategy. The lawsuit claims the company may have misrepresented key details related to its aggressive Bitcoin investment approach. This legal challenge comes at a time when Strategy holds over 576,000 BTC. Investors are now questioning the transparency and communication behind the firm’s crypto strategy, raising concerns over how Bitcoin-related decisions have been shared publicly.
Bitcoin May 19, 2025 12:28 UTC
MicroStrategy Boosts Bitcoin Holdings to 576,230 BTC
As of May 18, 2025, Michael Saylor’s ‘Strategy’ has purchased an additional 7,390 BTC for $764.9 million at an average price of $103,498 per Bitcoin. This brings total holdings to 576,230 BTC, acquired for $40.18 billion at an average of $69,726 per coin. The strategy has delivered a strong 16.3% BTC yield year-to-date, reflecting continued confidence in Bitcoin as a core asset.
Blockchain May 19, 2025 07:10 UTC
Ripple Expands in UAE with Two New Blockchain Payment Clients
Ripple, a leading digital asset infrastructure provider for financial institutions, has added two new customers in the UAE using Ripple Payments. Following its milestone as the first blockchain-enabled payments provider licensed by the Dubai Financial Services Authority (DFSA), Ripple named Zand Bank and Mamo as its first blockchain payment clients in the UAE. This move highlights Ripple’s expanding role in bringing blockchain technology to the region’s financial sector.
Ethereum May 19, 2025 07:05 UTC
Vitalik Buterin Proposes Scaling Ethereum L1
Vitalik Buterin aims to speed up Ethereum’s Layer 1 while keeping it simple for users to run their own nodes. His plan includes key updates like EIP-4444, distributed history storage, stateless verification, and lightweight “partially stateless nodes.” These improvements are designed to boost performance without making it difficult for regular users to stay connected, ensuring Ethereum remains both efficient and user-friendly.
Fintech Company May 19, 2025 06:05 UTC
Metaplanet Boosts Bitcoin Holdings with $104.3M Purchase
Metaplanet has increased its Bitcoin holdings by buying 1,004 BTC for $104.3 million. With this latest purchase, the company now holds a total of 7,800 Bitcoin as of May 19, 2025. This move demonstrates Metaplanet’s growing confidence in Bitcoin and its commitment to building a strong position in the cryptocurrency market. The company continues to steadily grow its crypto assets, signaling a long-term belief in digital currency’s potential.
Bitcoin May 16, 2025 06:05 UTC
Méliuz Becomes First Brazilian Company to Add Bitcoin to Its Treasury
Brazilian company Méliuz has made a bold move by purchasing $28.4 million worth of Bitcoin. This marks the first time a listed company in Brazil has added Bitcoin to its treasury. The decision received strong support, with most shareholders approving the purchase. Méliuz’s move signals growing corporate interest in cryptocurrency in Brazil and could pave the way for others to follow. This milestone highlights Bitcoin’s increasing role in mainstream finance.
Exchange News May 15, 2025 12:19 UTC
Coinbase Confirms Breach, Refuses to Pay Up
Coinbase has revealed a security breach where attackers bribed overseas customer support agents to access user data through social engineering. The compromised information affected less than 1% of monthly users and included names, addresses, phone numbers, and limited account details. Importantly, no passwords, private keys, or user funds were accessed. The attackers demanded a $20 million ransom, which Coinbase firmly refused to pay. The exchange is now working to enhance internal security and prevent future insider threats.
Stablecoin May 15, 2025 10:56 UTC
Mastercard & MoonPay Launch Stablecoin Cards for 150M Merchants
Mastercard has partnered with MoonPay to introduce stablecoin cards, allowing users to pay with cryptocurrencies at more than 150 million merchants worldwide. This collaboration makes it easier for people to use digital currencies in daily life, bridging the gap between traditional finance and crypto. By bringing stablecoins into Mastercard’s extensive payment network, the partnership aims to boost crypto adoption and simplify transactions globally, moving digital assets closer to mainstream use.
Bitcoin May 15, 2025 07:15 UTC
Ukraine Set to Launch National Bitcoin Reserve
Ukraine is preparing to create a national Bitcoin reserve. MP Yaroslav Zheleznyak announced that a draft bill is being developed and will be submitted soon. The legislation will help formalize the country’s plan to hold Bitcoin as part of its national assets. This step highlights Ukraine’s growing focus on integrating cryptocurrency into its financial system, potentially making it one of the first countries to establish an official Bitcoin reserve.
Crypto news May 14, 2025 13:28 UTC
JPMorgan Steps Into Crypto with Tokenized Treasury Trade
JPMorgan has completed its first tokenized U.S. Treasury transaction on a public blockchain, marking a major step toward merging traditional finance with blockchain technology. The trade was settled using Ondo Finance and Chainlink, showing how real-world assets like Treasuries can move through decentralized networks. This move highlights growing interest from major institutions in using blockchain for secure and efficient financial operations, bridging the gap between traditional banking and the fast-evolving world of crypto.
Bitcoin ETF May 14, 2025 13:06 UTC
South Korea’s Leaders Support Bitcoin ETFs and Institutions
Ki Young Ju, CEO of CryptoQuant, recently tweeted that all three major presidential candidates in South Korea support spot Bitcoin ETFs and institutional investment. Currently, both Bitcoin ETFs and institutional investments are banned in South Korea, with retail investors accounting for 100% of the trading volume. The candidates’ backing could signal a potential shift in policy, paving the way for institutional involvement in the country’s crypto market.
Ethereum May 14, 2025 13:01 UTC
Ethereum Launches Trillion-Dollar Security Upgrade
The Ethereum Foundation has introduced the “Trillion Dollar Security” initiative to improve the network’s security. This project focuses on enhancing the safety of Ethereum wallets, user experience, and smart contracts. Its primary goal is to enable secure on-chain asset management for individual users and institutions, aiming to protect trillions in value on Ethereum. The initiative marks a significant step towards a more secure and reliable blockchain ecosystem for all users.
Crypto news May 14, 2025 07:07 UTC
FalconX and Standard Chartered Partner for Crypto Solutions
FalconX, a top digital asset prime broker, has announced a new partnership with Standard Chartered, a major global banking group. This strategic collaboration aims to provide institutional clients with advanced crypto investment solutions. The move strengthens FalconX’s position in the digital asset market and offers enhanced services to meet the growing demand for institutional crypto investments, creating new opportunities in the rapidly evolving crypto space.
Exchange News May 13, 2025 11:45 UTC
Robinhood Acquires WonderFi to Enter Canada’s Crypto Market
Robinhood is acquiring WonderFi, one of Canada’s top crypto platforms, in a move to grow its presence in the Canadian market. This deal will help Robinhood offer more crypto services to users across Canada, tapping into a fast-growing and crypto-friendly region. With WonderFi’s strong local reputation and user base, the acquisition marks a key step in Robinhood’s global expansion. The company aims to make crypto trading simpler and more accessible for Canadians.
Crypto news May 13, 2025 07:18 UTC
Nasdaq Firm GD Culture Group Secures $300M for Crypto Reserve
Nasdaq-listed GD Culture Group has successfully secured a $300 million funding commitment to build a crypto reserve. The reserve will include Bitcoin ($BTC) and assets related to the $TRUMP meme coin. This move signals the company’s growing interest in the cryptocurrency space, as it plans to leverage these digital assets in its future operations. The funding paves the way for GD Culture Group to strengthen its position in the evolving crypto market.
Fintech Company May 13, 2025 05:39 UTC
Metaplanet Boosts Bitcoin Reserves with $15 Million Bond Issuance
Metaplanet has announced the issuance of $15 million in bonds with a 0% interest rate, aiming to enhance its Bitcoin reserves. This strategic move is designed to increase the company’s cryptocurrency holdings while avoiding the financial strain of interest payments. By taking this approach, Metaplanet is positioning itself for long-term growth in the crypto space. The bond issuance underscores the company’s commitment to strengthening its balance sheet and expanding its presence in the digital asset market.
Ethereum May 12, 2025 13:11 UTC
BlackRock Eyes Direct ETH Redemptions with New Filing
BlackRock has filed to allow in-kind redemptions for its Ethereum Trust, a move that would let the firm buy back Ethereum (ETH) directly instead of using cash. This change would align the trust more closely with how spot ETFs operate and could offer investors greater flexibility and efficiency. If approved, it signals growing institutional confidence in Ethereum and the broader crypto market, paving the way for more traditional finance players to enter the space.
Fintech Company May 12, 2025 12:08 UTC
Strategy Boosts Bitcoin Holdings, Hits 15.5% Yield in 2025
Strategy has acquired 13,390 BTC for around $1.34 billion at an average price of $99,856 per Bitcoin, delivering a 15.5% year-to-date yield in 2025. As of May 11, 2025, the company holds a total of 568,840 BTC, purchased for approximately $39.41 billion at an average cost of $69,287 per coin. This move highlights Strategy’s continued confidence in Bitcoin and its aggressive accumulation strategy in the crypto market.
Bitcoin May 12, 2025 12:00 UTC
David Bailey Raises $710M for Bitcoin Treasury
Bitcoin Magazine reports that David Bailey, CEO of Nakamoto, has raised $710 million and merged with healthcare data firm KindlyMD to create a Bitcoin treasury-backed entity. The merger aims to strengthen Bitcoin’s position in the financial sector. Bailey, also a key cryptocurrency advisor to U.S. President Trump, plays a central role in this ambitious move to integrate Bitcoin with traditional industries and enhance its adoption in mainstream markets.
Mining May 12, 2025 11:52 UTC
Trump-Linked Mining Firm to Merge and Go Public
Hut8’s subsidiary, American Bitcoin, a mining firm associated with former President Trump, is gearing up to go public. The company will merge with Gryphon Digital, a strategic move that could help it expand its presence in the competitive mining industry. This merger is a significant step for American Bitcoin as it aims to attract more investors and increase its market influence. The move signals growing interest in crypto mining and blockchain technologies in mainstream finance.
Fintech Company May 12, 2025 05:03 UTC
Metaplanet Adds $126.7M in Bitcoin, Now Holds 6,796 BTC
Japanese investment firm Metaplanet has added 1,241 more Bitcoins to its balance sheet in a bold move to strengthen its crypto holdings. The recent purchase is worth $126.7 million, signaling the company’s growing confidence in Bitcoin as a long-term asset. With this latest acquisition, Metaplanet now holds a total of 6,796 BTC. The firm continues to follow a strategy similar to Strategy, betting big on Bitcoin’s future value and role in the global financial system.
Stablecoin May 09, 2025 12:49 UTC
StakeStone and WLFI Join Forces to Boost USD1 Stablecoin Liquidity
StakeStone has teamed up with the Trump family’s crypto project, WLFI, to offer cross-chain liquidity support for the USD1 stablecoin. This collaboration bridges real-world assets (RWA) and native DeFi liquidity, allowing users to move funds seamlessly across different blockchains. The partnership also enables users to earn sustainable yields and access liquidity without locking up their assets, making it easier for everyone to manage and grow their investments in the crypto space.
Exchange News May 09, 2025 12:47 UTC
Brazil’s B3 Exchange to Launch ETH and SOL Futures, Reduces Bitcoin Contract Size
Brazil’s B3 stock exchange will roll out Ethereum (ETH) and Solana (SOL) futures contracts on June 16, after getting approval from the securities regulator CVM. The new contracts will be USD-denominated, with sizes set at 0.25 ETH and 5 SOL each. In a move to boost market liquidity, B3 will also reduce the size of its Bitcoin futures contracts from 0.1 BTC to 0.01 BTC, making it more accessible for traders and increasing market participation.
Bitcoin May 09, 2025 12:24 UTC
Taiwan Lawmaker Pushes for Bitcoin in National Reserves
Taiwan legislator Ko Ju-Chun has called on the central bank to adopt Bitcoin as a strategic reserve asset. He proposed that up to 5% of the nation’s $50 billion reserves be allocated to Bitcoin, alongside traditional assets like gold and foreign currency. Ko highlighted Bitcoin’s hedging capabilities, saying it could strengthen the resilience and adaptability of Taiwan’s financial system. The move signals growing interest in integrating crypto into national financial strategies.
Ripple (XRP) May 09, 2025 10:20 UTC
Wellgistics Integrates XRP in $50M Push for Faster, Smarter Payments
U.S.-listed pharma infrastructure firm Wellgistics is integrating XRP for both payments and reserves, backed by a $50 million credit facility. The move is aimed at improving cross-border settlement speed, cutting banking delays, and exploring on-demand payments and programmable liquidity. By leveraging XRP’s real-time capabilities, Wellgistics plans to streamline operations and boost overall efficiency in its supply chain. This marks another step forward in the adoption of crypto for practical business use cases.
Hack May 09, 2025 09:05 UTC
German Authorities Seize eXch Crypto Platform Over Money Laundering Ties
The Frankfurt Prosecutor’s Office announced the seizure of the crypto platform eXch by law enforcement. Authorities confiscated €34 million and the platform’s infrastructure. eXch is under suspicion for providing money laundering services related to several high-profile crypto hacks, including the Bybit hack, multisig vulnerabilities, the FixedFloat exploit, and the $243 million Genesis Creditor theft. This crackdown highlights ongoing efforts to combat illicit activities in the crypto space.
Exchange News May 09, 2025 07:24 UTC
Rumble Set to Challenge Coinbase with New Crypto Wallet
Rumble’s pro-crypto CEO has confirmed the company will launch its own Bitcoin and stablecoin wallet in Q3 this year. The upcoming “Rumble Wallet” is being developed in partnership with Tether, a major stablecoin issuer. This move marks Rumble’s entry into the crypto wallet space and sets it up to directly challenge Coinbase Wallet. The goal is to offer users a strong alternative for managing crypto assets, with a focus on simplicity, security, and freedom.
Fintech Company May 09, 2025 04:51 UTC
Metaplanet Bags $21.25M to Buy More Bitcoin
Tokyo-based Metaplanet has raised $21.25 million by issuing zero-interest bonds to grow its Bitcoin reserves. The company is making a strong move in the crypto space, choosing a cost-effective way to invest more in Bitcoin. With no interest to pay, the bonds help Metaplanet boost its digital asset strategy without taking on extra financial pressure. This step highlights the firm’s confidence in Bitcoin’s long-term value and its commitment to crypto-focused growth.
Ethereum May 07, 2025 10:55 UTC
Ethereum’s Pectra Upgrade Goes Live
Ethereum’s Pectra upgrade has successfully launched on the mainnet at epoch 364032. This update introduces new smart account wallet features, boosting user experience. It also doubles the Layer 2 blob data capacity, improving scalability. Additionally, validator user experience sees important enhancements. The Ethereum community will keep a close watch on the network over the next 24 hours to ensure everything runs smoothly.
Crypto news May 07, 2025 08:26 UTC
Movement Labs Rebrands as Move Industries Amid Leadership Changes
Movement Labs has parted ways with co-founder Rushi Manche and is now under new leadership. The project has rebranded as Move Industries, with two early employees stepping in as the new founders. At the same time, Binance has delayed the next round of HODLer airdrops for MOVE holders. The shake-up marks a fresh chapter for the project’s direction and community engagement.
Bitcoin May 07, 2025 05:17 UTC
Arizona’s Bitcoin Reserve Bill Moves Forward
Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now rests with the governor, and the outcome will determine Arizona’s next move in its Bitcoin reserve strategy.
Fintech Company May 07, 2025 05:05 UTC
Metaplanet Increases Bitcoin Holdings with $53M Purchase
On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the company. With this purchase, Metaplanet now holds 5,555 BTC, acquired for a total of around $481.5 million at an average price of $86,672 per Bitcoin, reflecting solid strategic planning. Contine To Read
Crypto news May 07, 2025 04:57 UTC
Bhutan Goes Crypto: Launches World’s First National Tourism Payment System
Bhutan has partnered with Binance Pay and local digital bank DK Bank to launch the world’s first national cryptocurrency-based tourism payment system. This new system lets travelers using Binance Pay pay for almost every part of their trip, from hotels to restaurants, using crypto. It’s a bold move that positions Bhutan as a leader in digital finance innovation, making travel more seamless for tech-savvy tourists while boosting the nation’s appeal as a forward-thinking destination.
Bitcoin May 06, 2025 12:24 UTC
UK Rejects U.S. Bitcoin Reserve Strategy, Prefers Current Financial Framework
Emma Reynolds from the UK Treasury announced that the UK will not adopt the U.S. strategy of holding Bitcoin in reserves. Instead, the country will regulate digital assets within its existing financial framework, avoiding the adoption of the EU’s MiCA regulations. This decision highlights the UK’s preference for maintaining a traditional regulatory approach while managing digital asset growth, rather than introducing new, complex frameworks.
Crypto Regulations May 06, 2025 06:13 UTC
Is Sam Altman’s Vision for Worldcoin in Trouble?
A Kenyan court has ordered Sam Altman’s crypto project, World (formerly Worldcoin), to erase all biometric data gathered in the country. The High Court in Nairobi ruled that the data was collected without valid consent from the Office of the Data Protection Commissioner (ODPC) and through the use of cryptocurrency rewards, violating informed consent principles. This ruling increases global concerns over World’s data collection practices.
Bitcoin May 06, 2025 05:24 UTC
Florida Drops Bitcoin Reserve Plans
Florida’s proposed Bitcoin Reserve Bills, HB 487 and SB 550, have officially failed. The state legislature ended its 2025 session on May 2 without taking a vote on either measure. As a result, both bills were indefinitely postponed and withdrawn from further consideration. The proposals aimed to establish a Bitcoin reserve for the state, but they didn’t gain enough traction to move forward. With the session closed, any similar effort would need to be reintroduced in a future session.
Fintech Company May 05, 2025 12:25 UTC
Semler Scientific Buys 167 Bitcoins, Ranks 4th in U.S. Holdings
Semler Scientific has acquired 167 Bitcoins for $16.2 million, bringing its total holdings to 3,634 BTC. This acquisition places Semler as the fourth-largest Bitcoin treasury holder in the United States, demonstrating its growing commitment to the cryptocurrency market. The company’s Bitcoin holdings are now valued at over $240 million, highlighting its strategic use of digital assets as a core component of its financial portfolio.
Ripple (XRP) May 05, 2025 12:22 UTC
Ripple Commits $25M in Ripple USD to Support U.S. Classrooms
Ripple has partnered with Donors Choose and Teach For America to allocate $25 million, mainly in Ripple USD, to assist teachers and classrooms across the U.S. The initiative focuses on equipping educators with essential resources to enhance learning environments, helping improve education nationwide. Through this partnership, Ripple aims to create a meaningful impact by providing teachers the support they need to better serve their students and foster educational growth.
Fintech Company May 05, 2025 12:18 UTC
Michael Saylor’s Bitcoin Bet Grows: 555K BTC and Counting
Strategy has acquired 1,895 Bitcoin for $180.3 million at an average price of $95,167 per BTC. This purchase brings the company’s total holdings to 555,450 BTC, acquired for approximately $38.08 billion at an average cost of $68,550 per coin. As of May 4, 2025, Strategy reports a year-to-date Bitcoin yield of 14.0%, underscoring its continued commitment to Bitcoin as a primary treasury asset.
Crypto ETF May 05, 2025 11:05 UTC
VanEck Files for BNB ETF with Staking Rewards Potential
VanEck, a major U.S. asset management firm, has filed an S-1 document with the U.S. SEC to launch a BNB exchange-traded fund (ETF). If approved, the ETF would allow the BNB held in the trust to be used for staking, potentially generating additional BNB or other rewards. This move highlights growing institutional interest in crypto assets beyond Bitcoin and Ethereum, while offering investors the added benefit of passive income through staking alongside price exposure.
Crypto news May 05, 2025 11:04 UTC
CZ Proposes BNB and BTC for Kyrgyzstan’s National Crypto Reserve
Binance founder Changpeng Zhao (CZ) has suggested using BNB and Bitcoin as foundational assets for Kyrgyzstan’s planned national cryptocurrency reserve. This follows his recent announcement of joining the country’s National Crypto Committee at the invitation of President Sadyr Japarov. CZ’s involvement signals growing cooperation between Kyrgyzstan and major global crypto leaders, as the country explores the integration of digital assets into its financial system. The move could pave the way for broader crypto adoption in Central Asia.
Exchange News May 05, 2025 08:05 UTC
OKX DEX Resumes with Advanced Security Features
OKX CEO Star Xu announced the relaunch of the platform’s decentralized exchange (DEX) today, now featuring a real-time abuse detection and blocking system. The DEX had been temporarily suspended on March 17 to address security concerns, specifically to prevent exploitation by the Lazarus group, a notorious hacker collective. With these new security measures in place, OKX aims to strengthen user protection and ensure a more secure trading environment on its decentralized platform.
Crypto news May 05, 2025 07:56 UTC
Tether CEO Unveils Tether AI: A New Era in Open-Source Intelligence
Tether CEO Paolo Ardoino has announced the launch of Tether AI, featuring its core product, “Personal Infinite Intelligence.” This open-source AI runtime is designed to work on any hardware or device without requiring API keys or having a central point of failure. Fully modular and composable, it integrates with Tether’s developer kit (WDK) to support payments via USDT and Bitcoin, making it a powerful tool for developers and users alike.
Back to top buttonStablecoin May 05, 2025 07:48 UTC
Kyrgyzstan to Launch Gold-Backed Stablecoin Backed by $500M in Reserves
Kyrgyzstan is set to launch a new gold-backed stablecoin called the “Gold Dollar” (USDKG) in the third quarter of 2025. Pegged to the U.S. dollar, the stablecoin will be supported by $500 million worth of gold from the country’s Ministry of Finance. The government also plans to increase the gold reserves behind USDKG to $2 billion. This move marks a major step in Kyrgyzstan’s push to blend traditional wealth with digital finance through blockchain technology.
Bitcoin May 03, 2025 11:35 UTC
Arizona Governor Rejects Bitcoin Reserve Bill, Calls It “Untested Investment”
Governor Katie Hobbs of Arizona has vetoed the state’s Strategic Bitcoin Reserve legislation, despite its approval by both the House and Senate. She expressed concerns about Bitcoin being an “untested investment,” which led to her decision to block the bill. This move halts efforts to create a state-backed Bitcoin reserve, emphasizing the uncertainty around the cryptocurrency’s long-term stability. Governor Hobbs’ veto marks a significant setback for advocates of Bitcoin adoption in the state.
Hack May 03, 2025 10:22 UTC
TRON DAO X Account Compromised in Social Engineering Attack
On May 2, 2025, at 9:25 AM PST, the TRON DAO X account was compromised following a social engineering attack on a team member. The attacker posted a contract address, sent direct messages, and followed various accounts. This breach emphasizes the dangers of social engineering, as it allowed the unauthorized party to manipulate the account. TRON DAO X is currently investigating the incident and working on measures to enhance security moving forward.
Ethereum May 03, 2025 10:16 UTC
Vitalik Buterin Plans to Streamline Ethereum for a Safer Future
Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled “Simplifying the L1,” the proposal aims to reduce complexity, lower development costs, and improve security. Inspired by Bitcoin’s clean and minimal design, Buterin suggests setting a cap on the number of code lines in Ethereum’s core protocol. This would help Ethereum become more resilient and easier to maintain over time, ensuring the network stays strong and efficient for the long run.
Crypto news May 03, 2025 06:05 UTC
IRS Crypto Policy Leaders Step Down After Accepting “DOGE Exit Deals”
Seth Wilks and Raj Mukherjee, two key cryptocurrency policy leaders at the U.S. Internal Revenue Service (IRS), have resigned after accepting government-offered “DOGE Deferred Exit Deals.” Both joined the IRS in 2024 from the crypto industry, playing vital roles in shaping the agency’s crypto tax policies and developing the new 1099-DA tax form. Their departure marks a shift in leadership as the IRS continues to refine its approach to cryptocurrency taxation.
Crypto Regulations May 02, 2025 13:20 UTC
EU to Ban Anonymous Crypto by 2027 in Major AML Crackdown
The European Union is rolling out strict new Anti-Money Laundering rules that will ban privacy coins and anonymous crypto accounts starting in 2027. Under the AML Regulation (AMLR), banks, financial firms, and crypto service providers will no longer be allowed to offer or support anonymous accounts or privacy-focused cryptocurrencies like Monero and Zcash. The move aims to increase transparency and combat illicit activities in the digital asset space across all member states.
Stablecoin May 02, 2025 11:37 UTC
Tether to Introduce U.S.-Backed Stablecoin by 2025
Tether is set to launch a U.S.-based stablecoin by the end of this year, with CEO Paolo Ardoino strengthening relationships with Washington. This move comes as the political landscape shifts under Trump’s influence, paving the way for more crypto-friendly regulations. The launch of Tether’s stablecoin marks a significant step in expanding its offerings and solidifying its presence in the global crypto market.