Author: Tony Pearce
Pakistan Appoints Former Binance CEO as Crypto Advisor
Reading Time: < 1 minuteFormer Binance CEO Changpeng “CZ” Zhao has been named strategic advisor to the newly established Pakistan Crypto Council (PCC).
400,000 FTX Creditors at Risk of Losing $2.5 Billion in Repayments
Reading Time: < 1 minuteFTX creditors risk losing $2.5 billion due to a missed Know Your Customer (KYC) deadline.
Genius Group Ordered to Sell its Bitcoins
Reading Time: < 1 minuteGenius Group, an AI-driven education company, announced it must sell its Bitcoin holdings following a US court order preventing the sale of shares, fundraising, or Bitcoin purchases.
US House Committee Approves Stablecoin Transparency Bill
Reading Time: < 1 minuteThe House Financial Services Committee voted to advance stablecoin legislation on Wednesday, approving the STABLE Act with 32 votes in favor and 17 against.
SEC and Gemini File Motion Requesting a 60-day Pause in Lawsuit
Reading Time: < 1 minuteThe US Securities and Exchange Commission and crypto exchange Gemini have filed a joint request for a 60-day pause to explore resolving their legal dispute over Gemini Earn.
BlackRock CEO: Bitcoin Could Replace US Dollar as Global Reserve Currency
Reading Time: < 1 minuteIn his 2025 annual letter to investors, BlackRock CEO Larry Fink warned that the United States could lose its global reserve currency status to Bitcoin.
Japan to Classify Crypto as Financial Product
Reading Time: < 1 minuteJapan’s Financial Services Agency (FSA) plans to propose reclassifying crypto assets as financial products, aiming to introduce new regulations on crypto insider trading.
SEC Closes Probe Against Crypto.com
Reading Time: < 1 minuteCrypto.com has confirmed that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the crypto exchange without pursuing any enforcement action.
Trump’s World Liberty to Launch a Stablecoin
Reading Time: < 1 minutePresident Donald Trump’s crypto initiative, World Liberty Financial, announced plans to launch a stablecoin that can be redeemed one-for-one with the dollar.
GameStop’s Board Approves Bitcoin Purchases
Reading Time: < 1 minuteGameStop announced on Tuesday that its board has unanimously approved a plan to purchase Bitcoin using its corporate cash, following a strategy made popular by MicroStrategy.
Circle Launches its Stablecoin USDC in Japan
Reading Time: < 1 minuteCircle, a leading global financial technology company and stablecoin market leader, has announced its strengthened commitment to Japan.
Coinbase Legal Chief Criticizes US Treasury for Attempting to Dismiss Tornado Cash Suit
Reading Time: < 1 minuteCoinbase’s Chief Legal Officer, Paul Grewal, criticized the US Treasury for attempting to dismiss the Tornado Cash lawsuit by labeling the case as moot.
SEC Clarifies Proof-of-Work Mining Does Not Violate Securities Laws
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) clarified on Thursday that Proof-of-Work (PoW) cryptocurrency mining activities will not be subject to existing securities laws.
Coinbase Becomes Ethereum’s Largest Node Operator
Reading Time: < 1 minuteCrypto exchange Coinbase has become the largest node operator on the Ethereum network, managing 11.42% of the total staked Ether.
Pakistan to Legalize Cryptocurrencies
Reading Time: < 1 minutePakistan is considering legalizing cryptocurrency to draw international investments.
BlackRock Believes US Recession May Help Bitcoin Grow
Reading Time: < 1 minuteBlackRock’s head of digital assets, Robbie Mitchnick, believes Bitcoin has the potential to thrive in a recessionary macro environment, contrary to some analysts’ opinions.
Coinbase Report Unveils 83% of Institutions Will Expand Crypto Allocations
Reading Time: < 1 minuteOver 80% of institutional investors surveyed plan to increase their crypto allocations by 2025.
Hashdex Files to Add Altcoins to Crypto Index ETF
Reading Time: < 1 minuteHashdex is seeking SEC approval to expand its Nasdaq Crypto Index US ETF to include XRP, Solana (SOL), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI), as per a recent amendment.
VanEck Files for an Avalanche ETF
Reading Time: < 1 minuteVanEck has filed for an exchange-traded fund (ETF) that will track Avalanche’s AVAX coin.
Understanding Crypto Wallets
Reading Time: < 1 minuteA crypto wallet serves as your digital bank account.
Trump’s Family Negotiating to Acquire Stake in Binance
Reading Time: < 1 minutePresident Trump’s family is reportedly negotiating a stake in Binance.US, potentially deepening their involvement in the crypto industry.
OKX Obtains a MiFID II License
Reading Time: < 1 minuteOKX Europe has acquired a Malta-licensed firm with a Markets in Financial Instruments Directive II (MiFID II) license.
Bitwise Launches ETF Tracking Firms With Large BTC Holdings
Reading Time: < 1 minuteBitwise Asset Management has introduced the Bitwise Bitcoin Standard Corporations ETF, trading under the ticker OWNB.
US House Overturns IRS DeFi Broker Rule
Reading Time: < 1 minuteThe US House of Representatives has voted to overturn an IRS rule that would classify crypto entities as brokers required to collect specific taxpayer and transaction information.
Coinbase Unveils Plans to Offer 24/7 Bitcoin and Ethereum Futures in US
Reading Time: < 1 minuteCoinbase will soon introduce 24/7 futures trading for Bitcoin and Ethereum through its Coinbase Derivatives platform, marking a first for US clients.