Ripple and the SEC are teaming up in a last-minute move, asking Judge Analisa Torres to tweak her earlier decision. They’re looking to cut Ripple’s fine down from $125 million to $50 million and lift the ban that’s kept the company from selling XRP to institutional buyers. If the judge
The Chief Executive Officer of Consensys, Joseph Lubin, revealed that Bitcoin and Ethereum treasuries of prominent corporations will play a significant role in boosting the transition from traditional finance (TradFi) to decentralized finance (DeFi). Major firms like MicroStrategy and Metaplanet are making efforts to create the Bitcoin Treasury, and Sharplink
The major development toward regulating the digital economy gained attention with the enactment of its first legal proclamation recognizing cryptocurrency and other digital assets. The National Assembly gave its assent to the “Law on Digital Technology Industry” on Saturday, June 14, 2025, marking a historic occasion concerning digital innovation and
Bybit, the global cryptocurrency exchange, is preparing to debut its first on‑chain decentralized exchange, Byreal, built atop the Solana blockchain. Set to enter testing on June 30 and targeting a mainnet launch in Q3 2025, Byreal aims to redefine trading by merging the liquidity advantages of centralized exchanges with the transparency
Metaplanet has made it to the headlines yet again with its new achievement in terms of Bitcoin purchases. It now holds an exact 10,000 Bitcoins in its bag after the latest purchase of 1,112 BTC. The firm, also dubbed “Japanese Strategy,” has now climbed to the 9th-largest Bitcoin holder position,
Pakistan is actively moving forward in the crypto industry. Recently, the executive chairman of Strategy, Michael Saylor, met with the Ministry of Finance of Pakistan to commend its crypto efforts. On June 15, Saylor had a meeting with Muhammad Aurangzeb, Finance Minister of the country, and Bilal Bin Saqiib, state
Brazil has completely reformed its taxation of cryptocurrencies, removing the exemption of small traders and introducing a single rate of 17.5% on capital gains. The reform, which takes effect on June 12 via Provisional Measure 1303, is the latest initiative by the government to boost revenue generated by activities in
The Crypto Fear & Greed Index has remained a beacon of investor optimism, registering a score of 60, well within the “greed” zonen while geopolitical tensions between Israel and Iran ran hot late last week. On Thursday, explosions reportedly rocked Tehran at 22:50 UTC, moments before Israel took credit for
Russian authorities in the Republic of Buryatia have exposed an illegal cryptocurrency mining operation that was concealed inside a KamAZ truck and powered by stolen electricity meant for a local village. The discovery took place during a routine inspection of a 10-kilovolt power line in the Pribaikalsky District, according to
After a major disturbance in the crypto price witnessed on June 13, the market is showing some signs of recovery today. However, not every asset is having gains; some, such as DOGE, HYPE, and others, are rising. The liquidation still remains, leading to taking out over $202 million on June
