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Sharmistha Suman

A passionate journalist with a strong foundation in content writing and an experience in the crypto industry. With a commitment to self-growth, Sharmistha aims to make a meaningful impact in the media and communications landscape.

Posts by Sharmistha Suman

Pakistan Aims to Lead Global South in Virtual Assets Strategy

Pakistan Aims to Lead Global South in Virtual Assets Strategy

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
California Assembly Passes AB 1180 to Allow Crypto Payments

California Assembly Passes AB 1180 to Allow Crypto Payments

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
Trump Media Files for Spot Bitcoin ETF, Signaling Major Crypto Push

Trump Media Files for Spot Bitcoin ETF, Signaling Major Crypto Push

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
Singapore Orders Unlicensed Crypto Firms to Halt Overseas Services

Singapore Orders Unlicensed Crypto Firms to Halt Overseas Services

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
Russian Agricultural Bank Eyes Crypto for Grain Trade Settlements

Russian Agricultural Bank Eyes Crypto for Grain Trade Settlements

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
Meta

Meta Shareholders Reject Proposal to Add Bitcoin to Treasury

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 Set to Embrace Crypto Regardless of Election Outcome

South Korea Set to Embrace Crypto Regardless of Election Outcome

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
SEC’s Hester Peirce Says Memecoins Like $TRUMP Are Unregulated

SEC’s Hester Peirce Says Memecoins Like $TRUMP Are Unregulated

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
U.S. Urges Supreme Court to Reject Coinbase User’s IRS Privacy Claim

U.S. Urges Supreme Court to Reject Coinbase User’s IRS Privacy Claim

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
Bitcoin Drops to $103K and Altcoins Tumble; CRO Defies Trend

Bitcoin Drops to $103K and Altcoins Tumble; CRO Defies Trend

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
Little Pepe