The Ministry of Finance of Pakistan has recently publicized a dedicated body which will be responsible for regulating blockchain-based financial infrastructure in Pakistan. On May 21, a state-owned broadcaster, PTV reported that the regulatory body is said to be the Pakistan Digital Assets Authority (PDAA) and it will oversee license
The Bitcoin Policy Institute (BPI) has recently released a policy manifesto to urge the US to lead in the Bitcoin Infrastructure. On May 21, the BPI issued a 21 21-page policy framework to place the US as a global leader in the Bitcoin infrastructure. The head of policy of BPI,
Coinbase, one of the largest cryptocurrency exchanges in the world, has officially disclosed a data breach that affected 69,461 users, including sensitive customer information like names, phone numbers, addresses, email IDs, and even government ID images. The breach occurred on December 26, 2024, but was only discovered in May 2025,
The most awaited dinner between President Trump and their memecoin investors has led to a strong political dispute on Capitol Hill. Now, Democrats are protesting and planning to introduce a bill to address what they see as serious corruption in the White House. The event, which included more than 200
Worldcoin has sold WLD tokens to 16z and Bain Capital and generated around $135 million. After selling, the total circulation supply of the token was impacted, and a significant increase was witnessed. The generated money will be used for carrying on its biometric data collection operations in the US. Not
SEC Commissioner Hester Peirce has clarified that most non-fungible tokens (NFTs), including those offering creator royalties, likely fall outside the scope of U.S. securities laws. Speaking at the “SEC Speaks” event in Washington, Peirce, who leads the SEC’s Crypto Task Force, emphasized that NFTs often lack the characteristics that define
Crypto regulation and global expansion are accelerating in 2025 with favorable macroeconomic conditions and a focus on regulatory framework creation. Global crypto firms are racing to obtain licenses to operate in compliance with regulatory bodies. On a similar note, Bitcoin Suisse made it to the headlines today by obtaining approval
Hong Kong has officially passed the Stablecoins Bill, marking a significant step forward in the regulation of digital assets. The legislation mandates that any company issuing fiat-backed stablecoins, particularly those pegged to the Hong Kong dollar or operating within Hong Kong’s jurisdiction, must now obtain a license from the Hong
Memecoin scams are not new to the crypto industry. Viral internet memes and personalities have often leveraged their popularity and made a debut as memecoins in the crypto market. However, very few of them turn out to be genuine by offering value to their communities. Popular internet personality Haliey Welch
Crypto.com, a crypto exchange company from Singapore, recently received a license that allowed it to provide crypto financial derivatives in the European Economic Area. On May 21, the company announced that it had secured a Markets in Financial Instruments Directive (MiFID) license. On the matter, the co-founder and the chief
