Author: Chris Smith
Robinhood to Launch Blockchain to Allow US Asset Trading in Europe
Reading Time: < 1 minuteRobinhood is quietly developing a blockchain network to facilitate tokenized US securities trading for European retail investors
Bitwise Submits Application to Launch a NEAR ETF
Reading Time: < 1 minuteBitwise Asset Management has submitted a registration statement with the US Securities and Exchange Commission (SEC) for a NEAR exchange-traded fund (ETF).
Metaplanet Buys 555 Bitcoins
Reading Time: < 1 minuteMetaplanet has purchased approximately $53.4 million worth of Bitcoin.
US Releases a Draft Crypto Regulatory Framework
Reading Time: < 1 minuteOn May 5, the US House Committee on Financial Services released a draft bill proposing a new market structure for digital assets in the US.
Indonesia Suspends Sam Altman’s Crypto Project
Reading Time: < 1 minuteOpenAI CEO Sam Altman’s digital identity project, World, previously known as Worldcoin, is encountering difficulties in Indonesia after local regulators temporarily suspended its registration certificates.
Deribit to Expand to US
Reading Time: < 1 minuteDeribit, the world’s leading cryptocurrency options exchange with $1.3 trillion in trades last year, is exploring entry into the US market.
Mattel to Close its Hot Wheels Virtual Garage NFTs
Reading Time: < 1 minuteToymaking giant Mattel is pausing its Hot Wheels Virtual Garage NFTs as it evaluates the collection’s future.
21Shares Seeks to Launch a Spot SUI ETF
Reading Time: < 1 minute21Shares, a leading digital asset manager, has submitted an S-1 statement to the US SEC to launch a spot SUI ETF.
US Crypto Industry Groups Request Clarity from SEC on Staking
Reading Time: < 1 minuteA broad coalition of crypto industry groups, spearheaded by the Crypto Council for Innovation (CCI), has formally requested regulatory clarity from the SEC on staking services.
Galaxy Digital Plans to List on Nasdaq
Reading Time: < 1 minuteGalaxy Digital is preparing to transition to the US-based Nasdaq on May 16, pending approval at its upcoming shareholders’ meeting.
SEC Delays its Decision on XRP ETF
Reading Time: < 1 minuteThe SEC has postponed its decision on the XRP Spot ETF until June 17, dampening bullish market expectations.
Australia’s Watchdog to Crack Down on Inactive Crypto Exchanges
Reading Time: < 1 minuteAustralia’s financial intelligence agency has advised inactive registered crypto exchanges to withdraw their registrations or face cancellation, due to concerns these dormant firms could facilitate scams.
Arizona Passes First State Bitcoin Reserve Bills
Reading Time: < 1 minuteArizona lawmakers have approved two groundbreaking bills today, potentially making the state the first in the nation to establish a Bitcoin reserve.
Abu Dhabi Launches New Dirham-backed Stablecoin Project
Reading Time: < 1 minuteAbu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank have announced plans to introduce a dirham-backed stablecoin.
World Liberty Financial Teams Up with Pakistan Crypto Council
Reading Time: < 1 minuteWorld Liberty Financial has entered into a strategic partnership with Pakistan’s leading digital asset organization to accelerate blockchain adoption in one of the world’s fastest-growing crypto markets.
Nike Faces $5M Lawsuit Over NFT Platform Shutdown
Reading Time: < 1 minuteNike is confronting a proposed class-action lawsuit alleging the company orchestrated a “rug pull” by abruptly shutting down its NFT platform, RTFKT, earlier this year.
SEC Delays its Decision on HBAR and Polkadot ETFs
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has extended its timeline for deciding on proposed exchange-traded funds (ETFs) related to Polkadot (DOT) and Hedera (HBAR).
Bitcoin Supply on Crypto Exchanges is Falling: Fidelity
Reading Time: < 1 minuteBitcoin reserves on cryptocurrency exchanges have fallen to their lowest in over six years. Publicly traded companies have increased their accumulation of the digital asset following the US presidential election.
Russia Considering Launch of a Crypto Exchange
Reading Time: < 1 minuteThe Finance Ministry and Central Bank of Russia are set to launch a crypto exchange for highly qualified investors, Finance Minister Anton Siluanov announced during a ministry board meeting.
Alabama Withdraws Staking Lawsuit Against Coinbase
Reading Time: < 1 minuteThe Alabama Securities Commission has withdrawn its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws through its staking services.
Full Federal Court of Australia Backs Crypto Lender Block Earner
Reading Time: < 1 minuteThe Full Federal Court of Australia has ruled in favor of crypto lender Block Earner in a significant legal battle with the Australian Securities and Investments Commission (ASIC).
Standard Chartered: Bitcoin Will Continue to Rise Amid Fed Independence Risks
Reading Time: < 1 minuteBitcoin prices might continue to rise if concerns about the Federal Reserve’s independence persist, according to Geoffrey Kendrick, Standard Chartered’s global head of digital assets research.
Paul Atkins Sworn In As US SEC Chair
Reading Time: < 1 minutePaul S. Atkins has officially taken on the role of the 34th Chairman of the US Securities and Exchange Commission.
Robert Kiyosaki: Bitcoin Will Hit $1M by 2035
Reading Time: < 1 minute“Rich Dad Poor Dad” author Robert Kiyosaki recently predicted that Bitcoin could exceed $1 million by 2035.
Blocksquare and Vera Capital Team Up to Tokenize $1B in US Real Estate
Reading Time: < 1 minuteBlocksquare has partnered with Vera Capital to tokenize $1 billion in US real estate assets, according to Investing.com.

























