The shareholders of Meta have fiercely rejected a proposal to assess whether the tech giant should accumulate Bitcoin to its balance sheet. As per the May 28 regulatory filing, a proposal named “Bitcoin Treasury Assessment” was put before shareholders, receiving 3.92 million votes in favor. It was just 0.88% of
June 2, 2025 2 mins read
South Korea will now surely have a crypto-friendly regulation independent of the factor who wins the presidential election, as both presidential candidates have run on pro-crypto platforms and promised to ease regulations as well as expand crypto access. The South Korean election will take place on June 3 to elect
June 2, 2025 2 mins read
Hester Peirce, the Republican SEC Commissioner, states that the Securities and Exchange Commission is out of the business of regulating memecoins, and investors should not anticipate any guidance on $TRUMP. In February, the SEC said that it does not consider memecoins securities under U.S. federal law. This event was followed
May 31, 2025 2 mins read
The government of the United States has requested that the Supreme Court accept the Coinbase users’ challenge against the Internal Revenue Service’s effort to obtain their crypto transaction records. On May 30, Solicitor General D. John Sauer claimed in his filing that the user of Coinbase, James Harper, has no
May 31, 2025 2 mins read
The price of Bitcoin fell drastically to a multi-week low of $103,000 and is trading 1.59% low in the past 24 hours. Not only this, but altcoins such as SUI, LINK, DOGE, SOL, ADA, and more have also dropped. Contrasting this, the price of Cronos (CRO) surged by double digits
May 31, 2025 2 mins read
Brad Lander, the New York City Comptroller, attacked the recent proposal of Eric Adams to issue municipal bonds supported by Bitcoin, alerting that doing so will come with a financial risk and take away investor confidence. On May 29, Lander issued a statement in which he mentioned that he would
May 31, 2025 2 mins read
On May 29, the Chairman of Bharti Enterprises and the former president of the Confederation of Indian Industry, Sunil Bharti Mittal, demanded urgent regulatory clarity on virtual assets, quoting the volatile nature of the sector. Mittal attended the CII Annual Business Summit 2025, and there he spoke about the global
May 29, 2025 2 mins read
The President of Bolivia, Luis Arce, has signed an executive order that mentions a ban on the use of crypto assets for energy purchases. This step has been taken to restrict assumptions revolving around cryptocurrencies and stablecoins on exchanges such as Binance. Bolivia has so far been active and has
May 29, 2025 2 mins read
A crypto brokerage company from Norway, K33, has recently raised 60 million Swedish Krona, equal to $6.2 million, to purchase and hold the largest cryptocurrency, Bitcoin. On May 28, K33 revealed that it has safeguarded financing via convertible loans and issuing new shares and warrants, which will be utilized in
May 29, 2025 2 mins read
A New Jersey county is ready to tokenize $240 billion worth of property after making a deal with the real estate blockchain software platform, Balcony. On May 28, the real estate platform revealed that it signed a five-year deal with the Bergen County Clerk’s Office. The deal included the tokenization
May 29, 2025 2 mins read