Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Hong Kong Develops Crypto Tracking Tool to Combat Money Laundering
Reading Time: < 1 minuteThe Hong Kong Customs and Excise Department has teamed up with the University of Hong Kong (HKU) to develop a new digital tool designed to trace cryptocurrency transactions linked to money laundering.
SEC Officially Abandons Gensler’s DeFi and Custody Rule Initiatives
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has formally withdrawn two key rule proposals from the Gary Gensler era that targeted crypto markets, per notices published Thursday.
Senate to Hold Decisive Vote on GENIUS Stablecoin Bill Next Week
Reading Time: < 1 minuteThe US Senate has scheduled its final vote on the GENIUS Act for June 17, a move that could shape the regulatory landscape for stablecoins nationwide.
Crypto Funds Hit $167B AUM as Investors Seek Alternatives
Reading Time: < 1 minuteInstitutional and retail investors are increasingly allocating to crypto funds, with assets under management reaching a record $167 billion in May.
Connecticut Bans Government Crypto Involvement in Sweeping New Law
Reading Time: < 1 minuteConnecticut has implemented a comprehensive prohibition on state and local government cryptocurrency activities through newly passed legislation.
Crypto Regulatory Clarity Moves Closer as House Committees Back CLARITY Act
Reading Time: < 1 minuteThe CLARITY Act, a landmark crypto market structure bill, has cleared major hurdles in Congress after winning approval from both the House Financial Services (32-19) and Agriculture (47-6) Committees.
UK Cracks Down on Hidden Crypto in Bankruptcy Cases with New Specialist
Reading Time: < 1 minuteAs crypto-related insolvencies skyrocket, the UK has taken action by hiring its first crypto recovery expert to track down missing digital assets.
SEC Proposes Regulatory Exception for Crypto Innovation
Reading Time: < 1 minuteIn a move to foster blockchain innovation, SEC Chair Paul Atkins announced plans for a conditional exemption program during Monday’s DeFi roundtable.
What is a Crypto Hodler?
Reading Time: 2 minutesA “hodler” is someone who holds onto their cryptocurrency assets for an extended period, regardless of the fluctuating market conditions.
MoonPay Secures BitLicense, Enabling Nationwide Crypto Services in US
Reading Time: < 1 minuteCryptocurrency payment provider MoonPay has received regulatory approval to operate in all 50 US states after securing a BitLicense and money transmitter license from New York’s financial regulator.
California Advances Bill on Unclaimed Crypto and Merchant Payments
Reading Time: < 1 minuteCalifornia’s State Assembly has unanimously approved a bill that would regulate cryptocurrency payments and enable the state to seize inactive crypto holdings from exchanges after three years of dormancy.
Hong Kong Opens Crypto Derivatives Market to Institutional Players
Reading Time: < 1 minuteHong Kong regulators are preparing to greenlight digital asset derivatives trading for professional investors.
Crypto VC Activity Hits 2025 Low
Reading Time: < 1 minuteVenture capital activity in the cryptocurrency sector reached its lowest level of 2025, with May recording just 62 investment rounds – matching levels not seen since January 2021, per RootData analytics.
What is Crypto Staking?
Reading Time: 2 minutesStaking, in general, refers to the act of holding a certain amount of a cryptocurrency in a wallet for a defined period.
Pro-Crypto Leader Lee Jae-myung Wins South Korean Presidency in Landslide
Reading Time: < 1 minuteIn a historic election marked by high turnout, South Korea’s Democratic Party leader Lee Jae-myung secured the presidency with 49% of the vote, defeating conservative opponent Kim Moon-soo.
CoinsBee Surpasses 5,000 Gift Card Brands, Becoming the Largest Crypto Gift Card Platform Worldwide
Reading Time: 3 minutesStuttgart, Germany, 3rd June 2025, Chainwire
Revolut Plans Expansion into Crypto Derivatives Market
Reading Time: < 1 minuteFintech leader Revolut is preparing to enter the crypto derivatives space, as indicated by a recent job posting seeking a General Manager (Crypto Derivatives) to spearhead the initiative.
MAS Cracks Down: Singapore Crypto Firms Must Exit Overseas Markets by June 30
Reading Time: < 1 minuteSingapore’s financial regulator has drawn a hard line—local crypto businesses must stop serving overseas customers by June 30 or face severe penalties.
Australia Strengthens Crypto ATM Regulations to Combat Fraud
Reading Time: < 1 minuteIn response to a surge in scams, Australia’s financial intelligence agency, AUSTRAC, has imposed new operational requirements for cryptocurrency ATMs.
Crypto ETPs Log $286M Inflows
Reading Time: < 1 minuteCrypto investment funds notched another week of inflows despite Bitcoin’s slump, with $286 million pouring into digital asset ETPs in the week ending May 30.
UK Trading Giant IG Group Enters Spot Crypto Market
Reading Time: < 1 minuteFinancial services heavyweight IG Group has made its move into direct cryptocurrency trading, providing retail investors access to 31 digital assets.
Zircuit Enables Non-Custodial Wallet Top-Ups for Crypto.com Visa Cards
Reading Time: < 1 minuteGeorge Town, Grand Cayman, 30th May 2025, Chainwire
Bipartisan Bill Introduced to Clarify US Crypto Regulations
Reading Time: < 1 minuteUS lawmakers have introduced the “Digital Asset Market Clarity Act of 2025” (CLARITY Act), a bipartisan effort to establish clear regulatory guidelines for digital assets.
Labor Department Reverses Biden’s Anti-Crypto 401(k) Policy
Reading Time: < 1 minuteIn a win for crypto advocates, the US Labor Department has scrapped Biden-era restrictions that discouraged digital assets in 401(k) plans.
Thailand to Permit Crypto Payments for Tourists, Plans Regulatory Overhaul
Reading Time: < 1 minuteThailand is set to allow tourists to spend cryptocurrency through credit card-linked platforms as part of a wider push to modernize its financial system and adopt digital assets.