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Hong Kong has taken a monumental step toward regulating digital assets by passing a new law that creates a licensing framework for fiat-pegged stablecoins (FRS). The new law is part of its broader vision to establish itself as a leading crypto hub. Passed on Wednesday by the Legislative Council, the law mandates that all stablecoin

Kraken, a U.S.-based crypto exchange company, has officially expanded its operations in the European market. The exchange is making its presence known in Europe with the launch of regulated crypto derivatives trading across the European Economic Area (EEA). Announced on May 20, the new service by Kraken will operate under the European Union’s MiFID II

The SEC, or the U.S. Securities and Exchange Commission, has postponed the decision on XRP and Dogecoin ETFs. This decision signals a cautious regulatory stance towards altcoins before any major regulatory laws are passed. 21Shares submitted the filings for XRP ETF while Grayscale Investments submitted the filing for Dogecoin. These are now on hold as

In a positive turn of events, the U.S. Senate has taken the final step towards regulating the booming stablecoin market. The GENIUS Act was brought to the Senate floor once again, and this time, the bill passed with 66-32 votes on May 19. Guiding and Establishing National Innovation for US Stablecoins Act will mark the

In a major shift in the traditional finance industry, JPMorgan Chase has announced that it will allow its clients to invest in Bitcoin. While CEO Jamie Dimon has been critical of cryptocurrency and has been vocal about it for a long time, the bank has still moved forward to embrace the future of digital finance.

Japanese investment company, Metaplanet, has announced the purchase of an additional 1,004 bitcoins to make their total holdings 7,800 BTC. This strategic move has sent its stock price soaring to a three-month high, showcasing the market’s strong response to the company’s aggressive Bitcoin accumulation strategy. The new Bitcoin investment by the company is valued at

Telegram has shut down two massive cryptocurrency black markets operating on the platform. These black markets were collectively responsible for illegal transactions that totaled approximately $35 billion. Both black markets facilitated high-volume illegal crypto dealings that primarily worked with Tether (USDT). These markets were operational on Telegram in plain sight and raised concerns over the

The Ethereum Foundation has revealed a new security project to safeguard digital assets in an effort to solidify its place in the blockchain industry. The estimated cost of this new security initiative is $1 trillion. The plan was revealed on May 14 and was called the “Trillion Dollar Security Initiative.” The plan is to transform

A recent wave of crypto-related attacks in Paris has rung the alarm bells across the crypto world. While law enforcement is just as concerned, the CEO of Chainalysis, Jonathan Levin, believes these crimes are conducted because the thieves believe that cryptocurrencies are untraceable. Levin was a speaker at the 2025 Consensus crypto conference, where he

The U.S. Senate may pass the much-anticipated Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) with bipartisan support as early as next week. Following a shocking result the last time the bill was voted on in the Senate, it has been revised, and the controversial provisions aimed at President Donald Trump’s crypto

Binance CEO, Richard Teng, has sounded the alarm against the growing wave of phishing scams against crypto holders. In a recent post on X, Teng emphasized the increasing number of attacks by scammers, the sophistication of the attacks, and asked users to be vigilant with their accounts and crypto trading. He also shared a detailed

South Korea has made a landmark move to reshape its approach to digital finance. The Asian powerhouse country unveiled its centralized framework to regulate cryptocurrencies. The initiative marks the launch of the “Digital Asset Committee” after the tireless efforts of the Democratic Party. The aim of all of these initiatives is to modernize and unify

Missouri is on its way to make history by becoming the first U.S. state to remove capital gains tax on Bitcoin. House Bill 594 has been introduced and aims to propose exempting the capital gains from the adjusted gross income. The bill has already passed the state legislation and is now awaiting the signature of

A sharp decline in cryptocurrency prices was recorded late Monday. The industry lost more than $500 million in long position liquidation as Bitcoin and major altcoins lost the recent gains amid the current global economic sentiment. According to the data released by Coinglass, over $530 million in leveraged long bets were wiped out within 24

Japan’s investment company, Metaplanet, has acquired an additional 1,241 Bitcoins (BTC) for 18.4 billion Yen ($126 million). The news of this bold move in the cryptocurrency world was disclosed on Monday. With this strategic purchase, the company’s total Bitcoin holdings now stand at 6,796 BTC. Their holdings are worth over $706 million and are overtaking

In a historical moment for decentralized finance, Uniswap is now the first Decentralized Exchange (DEX) to cross $3 trillion in all-time trading volume. The news came directly from Hayden Adams, Uniswap founder, as he posted the Dune Analytics screenshot on X to confirm this immense achievement. The current daily trading volume sits at $3.3 billion.

The crypto industry is witnessing a dramatic shift as the price of Bitcoin has soared past $103K. The surge in this BTC price has triggered over $900 million in liquidation, boosting the bullish sentiment across the digital asset markets all over the world. According to the data taken from Coinglass, more than $900 million was

The GENIUS Act has been halted as the U.S. Senate has voted against it during a session on Capitol Hill. The eyes of the crypto industry and the world were on the GENIUS Act, which is a key bill aimed at establishing federal oversight of stablecoins. This is a blow to the crypto industry’s efforts

Former CEO and founder of Binance, Changpeng Zhao (CZ), is looking for a presidential pardon from U.S. President Donald Trump. CZ spent months serving a prison sentence for violating U.S. anti-money laundering regulations. Now that he is back, CZ has also signed up to become an advisor to the Pakistan Crypto Council. CZ appeared for

Bitcoin surged closer to the $100k mark after U.S. President Donald Trump revealed that a major trade deal was in the works with the United Kingdom. In a post shared on Truth Social on May 7, President Trump revealed he plans to announce a “major trade deal” with a “big, and highly respected country.” According

In a significant shift of momentum in the crypto market, Bitcoin Whales have accumulated over 81,000 BTC in the past six weeks. This news came directly from Santiment, an analytics platform. The quiet buying spree appears as retail investors are stepping back and selling off a total of 290 BTC during this same period. The

The United Kingdom government has rejected the creation of a national Bitcoin reserve. The news came directly from the Economic Secretary to the Treasury, Emma Reynolds, during the FT Digital Asset Summit. She clarified that the UK will not follow the example set by the USA of accumulating digital assets at the national level. The

The efforts to pass the key cryptocurrency bill in the U.S. Senate are facing significant delays. The pause is caused by the ethical concerns surrounding U.S. President Donald Trump’s alleged financial ties to a controversial crypto deal. Headed by Senator Elizabeth Warren, the Senate is now second-guessing the crypto bill as claims of corruption are

Ripple has announced an overhaul of its quarterly XRP markets report to address the increased institutional interest in the altcoin. Thanks to a renewed interest and shifting market narrative, Ripple is making new changes to enhance its transparency efforts. It will retire the current format after the Q2 2025 report. SEC and regulatory concerns are

In a positive turn of events, stablecoin liquidity has reached an all-time high of $220 billion. This is a significant event for the digital finance landscape, as this surge reflects a renewed confidence in the crypto market. It might signal a major shift in asset allocation and trading strategies by institutional investors. Confirmed by Circle

Bitcoin has soared past the $97K mark during the Asian trading hours. The premier cryptocurrency’s new trading price spiked after news of a possible U.S.-China trade deal made rounds. The optimistic sentiment of the investors reached the crypto market, making the market alive once again. The new BTC rally comes during the reports that Washington

One of the top neobanks in Europe, Bunq, has announced a strategic alliance with Kraken to introduce Bunq Crypto, a new cryptocurrency trading platform in Europe. Bunq would be well-positioned to launch a new cryptocurrency service in the area with Kraken, a prominent cryptocurrency exchange. The new service is launched with the goal of making

The U.S. Senate is expected to vote on a landmark stablecoin legislation later this month. This is a significant development for the cryptocurrency industry in the country, which could potentially establish the first comprehensive federal framework for dollar-pegged digital assets. According to the report by Politico, the Republican Party will present this long-anticipated legislation, which

Circle, a USDC stablecoin issuer, has received in-principle approval (IPA) in Abu Dhabi and is progressing toward becoming a service provider in the region. Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) gave the green light to Circle, making this a momentous step towards a full license in the UAE. Thanks

Mastercard has announced a breakthrough in the digital payments sector with a new digital payment strategy. The payments giant is adopting stablecoin transactions, making payments seamless for customers and businesses alike. Mastercard has joined hands with payment technology company Nuvei and crypto platform OKX. By collaborating with these two companies, Mastercard plans to unlock end-to-end

The U.S. Senate has confirmed Paul Atkins as the SEC Chairman in a critical move for the financial regulatory landscape of the country. Atkins became the new Chair of the Securities and Exchange Commission (SEC) in a 52-44 vote held on 9th April 2025. Atkins will replace the Acting Chair Mark Uyeda, who took over

The “Liberation Day” tariffs by U.S. President Donald Trump are expected to cause turbulence in the global financial market, including the crypto industry. The latest tariffs are expected to be announced on 2nd April, and investors are stockpiling cash in case of a possible economic fallout. Subsequently, analysts are warning about a potential short-term market

The U.S. Federal Reserve has officially withdrawn the 2022 supervisory guidance from the banks. Thanks to this game-changing move, the banks in the country will now be able to freely engage with cryptocurrencies, particularly Bitcoin. The decision is being hailed as a regulatory turning point that may cause broader institutional adoption of digital currencies. A

Binance has announced stricter rules for its South African users. The new compliance requirements, set to take effect on April 30, 2025, will change the way consumers use the application in the country. The announcement was made on April 23 in response to the increasing regulatory pressure from the country’s authorities. The new requirements will

The United States of America is strengthening its stance on digital assets and cryptocurrencies. In an effort to further bolster

Paul Atkins was officially sworn in as the 34th Chairman of the US Securities and Exchange Commission (SEC).

Paul Atkins was officially sworn in as the 34th Chairman of the US Securities and Exchange Commission (SEC). If this proposal is passed,

According to a report by CoinGecko, the global crypto market experienced a severe dip in the Q1 of 2025, losing $1 trillion in value. The total market cap declined by 18.6% from January to March of 2025. During the same period, the global crypto market value declined from $3.8 trillion to $2.8 trillion. This major

Bitcoin whales have been making a significant comeback since April 2024. While the market is still trying to stabilize

Coinbase has been successfully cleared by the U.S. Securities and Exchange Commission (SEC) after a comprehensive review of the crypto exchange platform. This is a significant development for the crypto industry, which is being appreciated worldwide. The news came directly from Paul Grewal, the Chief Legal Officer of Coinbase. This decision boosts Coinbase’s position as

In a move that surprised the world, U.S. President Donald Trump announced a 90-day suspension of the tariff war. Thanks to this, experts are witnessing a surge in both cryptocurrency and stock markets. The announcement was made on 9th April, and within 15 minutes of it, the U.S. stock market saw a $4 trillion boost,

In an effort to reshape its financial future, Pakistan has appointed Changpeng Zhao (CZ) as an advisor for the newly formed Pakistan Crypto Council (PCC). CZ, the founder of Binance, will join the PCC as the country is trying to find ways to ease its economic strain. As Pakistan tackles a major stock market crash,

Uncertainty rises in the USA with the announcement of tariffs under President Donald Trump’s Liberation Day plan. BitMEX co-founder Arthur Hayes believes this could be an opportune moment for Bitcoin and become a key beneficiary for investors. A long-time crypto advocate, Hayes predicts that an inflationary response to economic stress might urge investors to buy

The Next Blockchain Expo 2025 (NBX) was the most impactful edition of NBX to date. Thanks to this, it has reinforced its position as Central and Eastern Europe’s leading web3 event. Hosted at the Multikino Złote Tarasy in Warsaw, Poland, the conference was conducted over two days (19-20 March). A total of 1,738 people attended

The financial landscape in Africa is changing thanks to the growing adoption of cryptocurrencies. With this rapid adoption comes an increase in demand for cost-effective and seamless cross-border payment solutions. Blockchain technology is playing a critical role in bridging this gap by revolutionizing the way people receive and send remittances in the continent.   Ripple,

South Korean authorities have banned multiple foreign unregistered crypto exchanges in the country. The Financial Intelligence Unit (FIU) has taken a firm stance and banned Poloneix, MEXC, KuCoin, Bitrue, and 13 other exchanges from Google Play. This action was taken in an effort to regulate the crypto industry in the country and protect the South