KuCoin just went live in Thailand with its fully licensed exchange, officially launching KuCoin Thailand and becoming the first crypto platform to operate under its own name with full regulatory approval in the country. The exchange is now open to eligible users and runs under the tight eye of Thailand’s
The United States Senate is set to hold a final vote on the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) on Tuesday, June 17. The legislation marks a crucial step in establishing a clear legal framework for stablecoins and their issuers. If passed, it will move to
Two prominent companies, Walmart and Amazon, are planning to issue their own US dollar-backed stablecoins for customers, indicating broader institutional stablecoin adoption with more regulatory clarity in the US. Both firms are considering the development of brand-specific stablecoins, as revealed by people close to the matter and reported in the
The team behind My Big Coin has been ordered to cough up nearly $26 million after the CFTC found them guilty of running a full-on scam. According to the agency, the company misled investors and straight-up lied about what backed their crypto. It’s one of the biggest fines we’ve seen
President Donald Trump has brought a historical shift to the crypto industry. From encouraging the crypto space to thrive in the country to forming regulatory frameworks, the Trump administration is expediting crypto adoption and innovation. Regulating the crypto space with favorable policies means taking a different approach from the previous
Solsniper, an analytics and trading tool on Solana, announced on June 13 that it is closing its 3.5 years of operation. Also, delisting NFTs and eliminating bids. The platform shut down today at 12 PM PST, as revealed through an X post. The NFT team mentioned that we will be
The government of the Czech Republic is facing a political crisis with the opposition lawmakers planning a no-confidence motion after the sale of 500 Bitcoins. These digital assets were confiscated from a convicted criminal. The scandal has already cost one cabinet minister, and it poses a greater threat to government
Pudgy Penguins (PENGU) has recently publicized that it is going to have a collaboration with Lufthansa’s Miles and More, the frequent flyer program owned and operated by the Lufthansa Group. The Group also offers a new utility to its The Huddle, the Pudgy Penguins community. The partnership allows users to
A significant development occurred in the Ripple vs. SEC suit, as the parties filed a joint motion for the U.S. District Court to reopen the indicative ruling and modify the final judgment. This motion was filed late on June 12 and maintained that there existed now “exceptional circumstances” so as
Following Israel’s airstrikes against targets in Iran, the price of Bitcoin fell nearly 4% from $108,500 to $103,500, as per the data from CoinMarketCap. Israel revealed that the strikes were targeted at Iranian military infrastructure near Tehran and Tabriz. The country described it as a preemptive response to increasing threats.
