Nexo, the leading digital assets wealth platform, was recognized at the prestigious INATBA Awards with the award for Most Exciting Payments Solution of 2025. This award was given in recognition of the Nexo Card’s impact on the future of cryptocurrency payments and record-breaking adoption, which was demonstrated by a 96% increase
A Chinese court has ruled that cryptocurrency futures trading constitutes illegal gambling, convicting multiple employees. Agents of BKEX, a crypto exchange that amassed over 270,000 users and generated $54.7 million (300 million yuan) in profits before authorities intervened. The People’s Court of Pingjiang County, Hunan Province, ruled that BKEX’s contract
Donald Trump branded merchandise websites are accepting TRUMP memecoin payments. Some of the popular websites selling Trump branded goods are gettrumpwatches.com, gettrumpfragrances.com, and gettrumpsneahers.com. Users can now purchase these items by paying in Trump tokens, in addition to credit card and Bitcoin payments. All the TRUMP memecoin payments will be
Crypto Consortium T3 assisted Spanish authorities in freezing $26.4 million linked to a crime syndicate involved in money laundering operations. The investigators tracked down the blockchain addresses linked to international crime networks. According to officials, the syndicate operated in multiple European jurisdictions and provided cash-to-crypto laundering services to various Illicit
El Salvador’s Congress approved a legislative bill on Wednesday amending the country’s Bitcoin law in response to a $1.4 billion loan agreement by the International Monetary Fund, which conditioned approval on conditions that included keeping acceptance of the cryptocurrency voluntary instead of mandatory for businesses. The measure was sent by
Elon Musk’s Tesla (TSLA) reported a strong gain of $600 million and took benefit of a new accounting rule that allows firms to showcase the market value of their crypto assets. Tesla recently released its Q4 results, which showcased $600 million in profits via its Bitcoin holdings. As per Bitcoin
Texas is taking a bold step in digital asset adoption, with Lieutenant Governor Dan Patrick announcing that the establishment of a Texas Bitcoin Reserve is one of the state’s top legislative priorities for 2025. Senate Bill 21, which Patrick has placed at the forefront of the 89th regular legislative session,
Co-founder of Gemini crypto exchange and renowned crypto personality, Tyler Winklevoss made a public statement today. The exchange platform is not going to hire students or graduates from the Massachusetts Institute of Technology (MIT). However, the exchange might change its statement if Gary Gensler drops out from the Professor role
The U.S. Federal Reserve kept the interest rates unchanged on Wednesday, maintaining the benchmark lending rate within the range of 4.25% to 4.50%. Fed Chair Jerome Powell underlined that the policymakers are in no rush to lower rates. Besides, he stated that any adjustments would depend on further improvements in
The US SEC reviewed Canary Litecoin ETF filing earlier today. It opens a public comment period on the filing for a period of 21 days from the date of publication in the Federal Register. The crypto community is optimistic that the Litecoin ETF will get approval from the SEC. Investors
