New York City Mayor Eric Adams, known for his pro-crypto stance, is now targeting one of the most controversial regulations in the digital asset space: the BitLicense. Speaking at a recent crypto industry event, Adams questioned the effectiveness of the BitLicense regime and suggested it might be time to phase
May 29, 2025 2 mins read
Large American banks are gingerly venturing into the crypto sector. Even as regulators increasingly give their stamp of approval, these banking behemoths are still hesitant to take the plunge into digital currencies. Rather, they are choosing small-scale pilot projects, alliances, and modest crypto-trading endeavors, according to a number of industry
May 29, 2025 2 mins read
Japanese investment firm Metaplanet Inc. has announced the issuance of $50 million in 0% ordinary bonds to fund its next round of Bitcoin purchases. The company, listed on the Tokyo Stock Exchange, confirmed the move in an official post, emphasizing its commitment to strengthening its Bitcoin treasury strategy. This 16th
May 28, 2025 2 mins read
Stuart Alderoty, Ripple’s Chief Legal Officer, formally requested the SEC for a clear-cut mention regarding the classification of cryptocurrencies particularly which are traded on secondary markets. In Alderoty’s opinion, not having rules in place stifles innovation and places U.S.-based blockchain companies are at a disadvantage in the worldwide market. The
May 28, 2025 2 mins read
The crypto industry is urging the Commodity Futures Trading Commission (CFTC) to establish clear regulations for perpetual contracts, a type of derivative that allows indefinite position holding without expiration. Industry players argue that current regulatory ambiguity is hindering innovation and placing U.S.-based platforms at a competitive disadvantage globally. Perpetual contracts
May 28, 2025 2 mins read
Africa is emerging as a strategic frontier for global crypto players, and Blockchain.com is positioning itself to capitalize on this shift. As some African nations begin to relax their stance and introduce regulations, crypto wallet and exchange platforms are making plans to expand in key markets such as Nigeria, Ghana,
May 27, 2025 2 mins read
USDC stablecoin issuer Circle has decisively shut down rumors of a potential acquisition by either Ripple or Coinbase, stating clearly that the company is “not for sale.” This clarification follows recent speculation in the crypto space that suggested Ripple had made a takeover offer in the range of $4 to
May 27, 2025 2 mins read
The Blockchain Group S.A., a leading European blockchain firm, has taken another bold step toward cementing its position as a major corporate Bitcoin holder. On May 27, 2025, the firm announced a successful issuance of €63.3 million in convertible bonds that were issued exclusively to buy more Bitcoin. This move
May 27, 2025 2 mins read
In a significant move toward crypto adoption in Europe, Spain’s Cecabank has partnered with Bitstamp, one of the world’s oldest cryptocurrency exchanges, to provide crypto trading and custody services for financial institutions. The collaboration marks a milestone in the integration of digital assets into traditional banking infrastructures in Spain. This
May 26, 2025 2 mins read
In a bold step toward digital transformation, Pakistan has announced the allocation of 2,000 megawatts (MW) of surplus electricity to Bitcoin mining and artificial intelligence (AI) data centers. The movement is spearheaded by the Pakistan Crypto Council (PCC) and supported by the Finance Ministry of the country. The move is
May 26, 2025 2 mins read
