APS, a fund manager from Europe, purchased $3.4 million in tokenized real estate through MetaWealth. After this step, the fund manager made the first direct institutional purchase of retail-accessible tokenized assets. APS is the manager of 12 billion euros or $13.7 billion in assets, bought 3 million euros or $3.4
June 5, 2025 2 mins read
The financial markets regulator of Hong Kong has planned to permit derivatives trading for professional investors. The step has been taken to expand product offerings in the asset class and boost the global competitiveness of the city. The Securities and Futures Commission (SFC) has so far mentioned that its main
June 5, 2025 2 mins read
One of the masterminds behind crypto kidnapping in France has been reportedly arrested in Morocco. The national police and intelligence service of Morocco arrested a 24-year-old accused named Badiss Mohamed Amide Bajjou. The accused was found in possession of various bladed weapons and mobile phones. The arrest was initiated on
June 5, 2025 2 mins read
The crypto-friendly leader, President Donald Trump, is actively participating in various crypto projects, and because of this, his name is being used to promote even those projects who isn’t even linked with him or his venture. This has somehow spread confusion among users as they aren’t able to distinguish between
June 5, 2025 2 mins read
Binance recently slammed on-chain traders using bots to get Alpha Points illegally, alerting that they would revoke the Alpha Points of accounts caught breaching the rule. The recent notice from the largest crypto exchange, Binance, noted that the crypto exchange has taken a strong stand against traders who use bots
June 4, 2025 2 mins read
A prominent lawmaker from Pakistan publicized on June 4 that the nation is targeting to become the Global South’s leader in virtual assets. The publicization was made at the time of the meeting with his American counterpart at the White House in Washington. The Chief Executive Officer of Pakistan Crypto
June 4, 2025 2 mins read
The lower house of California has passed a bill that allows state departments to accept virtual currencies. Now, the bill, having a unanimous vote, is moved towards the Senate, marking a milestone for the industry. On June 2, the Assembly Bill 1180 (AB 1180) was passed through the California State
June 4, 2025 2 mins read
The Trump Media and Technology Group has filed for a spot Bitcoin exchange-traded fund. After this measure, the group has officially entered the competitive world of crypto investment products. On June 3, the firm made a filing with the Securities and Exchange Commission, and the stock exchange NYSE Arca submitted
June 4, 2025 2 mins read
The Central Bank of Singapore has ordered the crypto service providers of the nation that do not hold a Digital Token Service Provider (DTSP) license to hold overseas operations by June 30. This measure is taken to tighten regulatory oversight and safeguard its increasing pool of retail crypto users of
June 2, 2025 2 mins read
The Russian Agricultural Bank is thinking to keep crypto-based tools as an alternative to traditional settlement methods for exporting more than 49.5 million tonnes of grain. This step will help in amalgamating commodities market to digital assets, introducing this use case. Russia is very active in terms of crypto adoption.
June 2, 2025 2 mins read