Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
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.
Sygnum Taps Ex-CFTC Chief Giancarlo to Drive Crypto’s Institutional Push
Reading Time: < 1 minuteSygnum, the Swiss crypto banking unicorn, has enlisted former CFTC Chairman Christopher Giancarlo as a senior policy adviser, signaling its ambition to lead institutional crypto adoption.
SEC’s Evolving Stance on Crypto Staking Leaves Industry Seeking Clarity
Reading Time: < 1 minuteThe cryptocurrency sector is intensifying calls for the SEC to define its regulatory approach to staking, as ongoing ambiguity creates challenges for Web3 infrastructure providers.
Spanish Bank to Offer Crypto Services
Reading Time: < 1 minuteSpanish bank Cecabank and crypto exchange Bit2Me are set to offer a crypto service for banks, pending approval from the Spanish securities regulator.
Crypto ETPs Weekly Inflows Hit $3.3B
Reading Time: < 1 minuteLast week, cryptocurrency investment products experienced a significant surge in inflows, with the total year-to-date figure surpassing $10 billion.
Pakistan Establishes Digital Asset Authority for Crypto Regulation
Reading Time: < 1 minutePakistan’s Ministry of Finance has endorsed the creation of a dedicated body to regulate the country’s blockchain-based financial infrastructure.
South Korea Strengthens Crypto Regulations Before Institutional Entry
Reading Time: < 1 minuteSouth Korea is tightening its regulations on digital asset transactions in anticipation of institutional participation in its crypto market.
SEC Files Charges Against Crypto Platform Unicoin
Reading Time: < 1 minuteThe US Securities and Exchange Commission has charged Unicoin and three top executives in New York with allegedly misguiding investors.
UK to Enforce New Crypto Transaction Reporting
Reading Time: < 1 minuteBeginning in January 2026, crypto firms in the UK must report user transactions directly to tax authorities.
Eurpol Dismantles a Sophisticated Mafia-related Crypto Bank
Reading Time: < 1 minuteInternational authorities have dismantled a sophisticated fraud operation that stole over €3 million from more than 100 victims through a fake online investment scheme.
German Regulator Grants MiCA License to BitGo
Reading Time: < 1 minuteBitGo has obtained regulatory approval to offer digital asset services across the European Union.
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